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Bba 5 Cma

This document outlines the sections and questions for a cost and management accounting exam for a 5th semester pre-university test. Section A contains 5 short answer questions, each worth 3 marks, defining terms related to cost and management accounting. Section B contains 3 short answer questions, each worth 7.5 marks, requiring responses under 200 words. Section C contains 5 long answer questions, each worth 15 marks, requiring detailed responses. The questions cover topics like cost sheet preparation, break-even analysis, management accounting tools and techniques, and decision making using cost-volume-profit analysis.

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Indu Gupta
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132 views

Bba 5 Cma

This document outlines the sections and questions for a cost and management accounting exam for a 5th semester pre-university test. Section A contains 5 short answer questions, each worth 3 marks, defining terms related to cost and management accounting. Section B contains 3 short answer questions, each worth 7.5 marks, requiring responses under 200 words. Section C contains 5 long answer questions, each worth 15 marks, requiring detailed responses. The questions cover topics like cost sheet preparation, break-even analysis, management accounting tools and techniques, and decision making using cost-volume-profit analysis.

Uploaded by

Indu Gupta
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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LLOYD INSTITUTE OF MANAGEMENT AND TECHNOLOGY

GREATER NOIDA
SUBJECT- COST & MANAGEMENT ACCOUNTING
BBA- 5th SEMESTER, PRE-UNIVERSITY TEST
TIME-3 Hrs.
PAPER CODE- BBA 503
Note: Attempt all the sections as per instructions.
SECTION-A

Max Marks- 75
3*5=15 MARKS

Attempt all five questions. Each question carries marks. Very short is required not exceeding
75 words:
Q1) What do you mean by cost accounting?
Q2) Define the term material?
Q3) Define the term budgetary control.
Q4) What do you mean by management accounting?
Q5) Define the term differential costing.
SECTION-B

7.5*2=15 MARKS

Attempt any two questions out of the following 3 questions. Each question carries 7.5 marks.
Short answer is required not exceeding 200 words:
Q6) Give the difference between Cost, Financial & Management Accounting.
Q7) Given:
Production
Sales
Variable manufacturing costs
Fixed manufacturing costs
Selling & Distribution costs

5,500 Units
5,000 units @ 2.40 per unit
Rs 1.20 per unit
Rs 2,860
1,300 of which Rs 400 is variable

Required:
1) Prepare income statement under:
(a) Conventional or absorption costing and
(b) Marginal Costing.
Q8) How bonus is calculated under Halsey plan.
SECTION-C

15*3=45 MARKS

Attempt any three questions out of the following 5 questions. Each question carries 15 marks.
Answer is required in detail.
Q9) Jaanvi enterprises furnishes the following data relating to the manufacture of a standard
product during the month of June, 2012:

Opening Stock : Raw Materials


Finished goods
Closing Stock: Raw Materials
Finished goods
Raw Material purchased
Wages
Chargeable expenses
Rent, rates & taxes
Power
Factory heating & lighting
Factory Insurance
Experimental expenses
Sale of wastage of material
Office management salaries
Office printing & stationery
Salaries to salesman
Commission of travelling agents
Sales

Rs. 5,000
Rs. 4,000
Rs. 4,000
Rs. 5,000
Rs. 50,000
Rs. 20,000
Rs. 2,000
Rs. 5,000
Rs. 2,400
Rs. 2,000
Rs.1,000
Rs. 500
Rs. 200
Rs. 4,000
Rs. 200
Rs. 2,000
Rs. 1,000
Rs. 1,00,000

You are required to prepare (a) Cost Sheet (b) a statement showing profit for the period.
Q10) The records of a company show the following:
Period
Sales (Rs)
I
1,20,000
II
1,40,000

Profit (Rs)
9,000
13,000

Find Out:
(a) P/V ratio,
(b) B.E.P.
(c) Fixed Cost
(d) Profit when sales are Rs. 10,00,000
(e) Sales required to earn a profit of Rs. 20,000
(f) Margin of safety
(g) Variable Cost for period II.
Q11) What are the tools and techniques of management accounting? Discuss briefly.
Q12) A factory is working at 80% of its capacity and producing 800 units.
The selling price of a unit is Rs 10 in India and the variable cost is Rs 4 per unit. An order for
purchase of 200 units at the rate of Rs 8 is received from foreign country. Should this offer be
accepted?
Q13) Write short notes on:
(a) Techniques of Costing
(b) Classification of Cost

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