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Ccma Previous Papers ?

The document outlines the examination structure for a B.Com (CBCS) VI-Semester course on Cost Control and Management Accounting, including details on the examination format, topics covered, and specific questions for students to answer. It includes two parts: Part A with short answer questions and Part B with detailed problems requiring calculations and analysis. The examination is designed to assess students' understanding of management accounting principles and their application in real-world scenarios.

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0% found this document useful (0 votes)
307 views5 pages

Ccma Previous Papers ?

The document outlines the examination structure for a B.Com (CBCS) VI-Semester course on Cost Control and Management Accounting, including details on the examination format, topics covered, and specific questions for students to answer. It includes two parts: Part A with short answer questions and Part B with detailed problems requiring calculations and analysis. The examination is designed to assess students' understanding of management accounting principles and their application in real-world scenarios.

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ab9086317
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: Code No. D-14123/E/N ¢ FACULTY OF COMMERCE B.COM (CBCS) VI-Semester (New) Examination, June /July-2022 COST CONTROL AND MANAGEMENT ACCOUNTING (Common Paper for General/Computer Applications / Advertising / Foreign Trade / and Tax Procedure / Honours Courses) Fime: 3 Hours ‘Max. Marks: 80 Part - A (5% 4=20Marks ) note: Answer any five questions. 1. Explain the features of Management Accounting. (Unit, Page No. 2, a2) 2. Explain Standard Costing. (Unit-lI, Page No. 40, 2) 3. Explain the importance of Financial Statement Analysis. (Unit-I1, Page No. 82, @3) 4. Explain about the Statement of Changes in Working Capital. (Unit-1V, Page No. 130, @3) 5. Explain the importance of Cash Flow Statement. (Unit-V, Page No. 158, 2) 6. _ From the following figures Calculate the Sales required to eam a Profit of € 1,20,000 Sales € 6,00,000;, Variable Cost & 3,75,000; Fixed Cost ® 1,60,000. (Unit-1, Page No. 3, G7) 7. The Working Capital of a firm is € 80,000 and its Current Ratio is 5. What ar the Current Assets and Current Liabilities. (Unit-t, Page No. 84, 28) 8. Calculate Cash Flows from Operating Activities from the following information: Sales € 5,40,000 Purchases @ 3,40,000 Wages & 50,000 Advertisement & 20,000 (Unit-V, Page No. 159, 24) Part - B (5x 12= 60 Marks ) Note: Answer all the questions. 9. (a) Define Management Accounting. Explain its objectives. (Unit-, Page No. 6, @12) OR (b) The following information is related Kakatiya Cements Ltd. (Unit-, Page No. 19, @28) sales (10,000 Tones) *%5,00,000] Material %1,00,000 Labour 350,000 Direct Expenses % 10,000 Fixed Cost 3,00,000 ¥ Profit, 40,000 Warming: (Cine: RaroaPpetocpping or bo fou are required to find out (a) Breakeven Point (b) P/V Ratio (c) Margin of Safety (d) Sales required to earn a Profit to & 50,000 (e) Find Profit at Sales level of € 9,00,000. 10. (a) The Standard Material Cost for 100 kg of Chemical X is made up of Chemical A-30 kg @ € ake. Cherhical B-40 kg @ & 5/kg Chemical C-80 kz @ & 6/kg In a batch, 500 kgs of Chemical X was produced from a mix of Chemical A-140 kg at a cost of 2588, Chemical B-220 kg at a cost of & 1,056 and Chemical C-440 kg at a cost of 2,860. Calculate all Material Variances. (Unit-I, Page No. 65, @35) oR (©) Prepate a Manufacturing Overhead Budget and ascertain the manufacturing rates at $0% and 70% Capacities. The following particulars are given at 60% capacity. (Unit-I, Page No. 58, @25) a % 6,000, Indirect 18,000) Semi-Variable Overheads Electricity (40% Fined) % 30,000 epee and Maintenance (20% Vile) 3000 Fixed Overheads Depreciation 16,500 Insurane; 19,500 CRIMINAL ace‘Anyone found gully Is LIABLE te fae LEGAL procecaings) * i 12. 13. (a) From the following information prepare Compare = Se eer | a 0Z 0a Assets Amount (@) |) Lighitivies | Amouint @. Bills Receivable 1,755 ‘Share Capital 150,000 Cash en Reserves 4,000 Bebtocs 4,000 Bills payable 6,000 Stock. i ioe Credhors in ~ | Buildings 90,000 tures : 5 , Pongterm Loan] 53,000] 52,000 | Furmiture 39.90 tanh 724,472 [224.472 | 220.039 {Uni Page No. 95, Gy OR Unit-lll, Page No. 119, (b)_ From the details given below. Compute i 24 i) Retum on Capital Employed Return on Total Assets and i ii) Return on Equity Shareholders Funds z [ Net Worth (Shareholders Equity) | 7,50,000 Preference Share Capital 2,00,000 Preference Share Dividend 16,000 Capital Employed 11,00,000 Intangible Assets 1,40,000 Total Assets 12,65,000 ‘Net Profit After Taxes 1,50,000 Interest 23,500 (@) From the following Balance Sheets of a Company, Capital and Funds Flow Statement. prepare a Schedule of Changes in Working (Unit-IV, Page No. 145,19) Liabilities 2017) | 2018) Assets [2017 @) J 2018 Share Capital 63,000] 1,00,000 | Cash 15,000 20,000) Reserves and Surplus | 50,000} '60,000 | Debtors 30,000 28,000 Trade Creditors 42,000] 39,000 | Stock 55,000 72/000 Bank Overdraft 35,000] 25,000] Land & Buildings | 80,000 —_1,00,000 Outstanding Expenses | 5.000] “6,000 | Furniture 15,000 10,000 7,95,000 | 2,30,000- 195,000 | 2,30,000 OR 5 (b)_ The following are the Balance Sheets of B. Ltd as on 1" December, 2018 and 2019, Liabilities | 2018 @) 2019 @ ‘Assets 2018 @ | 2019 a Equity Capital 1,00,000 | 160,000 | Fixed Assets TSDON0 72,00,000 Reserves 70,250 85,300 | Inventory. 93,400. ”39/200 Depreciation Fund] 60,000 40,000 | Debtors. 30,800 21,100) 6% Debenture 50,000 = | Prepaid Expenses 31950 3,000 Creditors 28,000| 48,000 | Bank 28°100 20,000] 3,08,250| ~3.33.300 3,08,250 | 333,300 ‘The following additional information Tor the year 201 (a) Net Profit & 27,050 (b) Depreciation charged & 10,000 (©) Cash Dividend declared during Prepare a Funds Flow statement, (@) Distinguish between Funds Flow Statement and Cash Flow Statement OR the period & 12,000, (b)_ Prepare Cash Flow Statement from the following as are also available. (Unit-IV, Page No. 146, @20) (Unit-v, Page No, 162.08) as on Liabilities 2019 (2) T2030 ® Equity St Capital ao Sor Plant Debenture 15,000 12,000 | Stock Creditors 16,000 18,000 Debt P&L Account, 11,000 14,000 Can [62.000 | 7 on 31" D Balones Sten ecember 2019 and 2020. 2 SIA PUBLISHERS AND DISTRIBUTORS PVT. LTp. (Unit-V, Page No. 168, 213) =) Code No. €-120/€ zl FACULTY OF COMMERCE B.COM (CBCS) VI-Semester Examination, June/July-2023 COST CONTROL AND MANAGEMENT ACCOUNTING (Common Paper for General/Computer Applications / Forelgn Trade / Advertising Tax Procedure / Business Analytics and Honours Courses) Paper — DSC-601 Fime: 3 Hours Max. Marks: 80 Part - A (5*4=20 Marks) Note: Answer any five questions. 1. Importance of Management Accounting. From the following information, find out the amount of profit earned during the year using Marginal > Costing Technique Fixed Cost %5,00,000 Variable Cost % 10 per unit Selling Price 15 per unit Output % 1,50,000 units 3. Advantages of Budgetary Control 4. Calculate (a) Material Cost Variance (b) Material Price Variance ee Standard [Actual <= ‘Quantity (kg) 40 48 Rat per kg @) 10 12 5. Objectives of Financial Statement Analysis. From the following particulars, calculate (i) Debt Equity Ratio and (ii) Proprietary Ratio. Equity Share Capital % 5,00,000, Preference Share Capital % 3,00,000, Reserves % 2,00,000, Current Liabilities ¥ 1,00,000, 8% Debentures % 3,00,000, Fixed Assets ® 10,00,000, Current Assets 4,00,000. 7. Importance of Funds Flow Statement. 8. With the following, calculate the Cash from Operating Activities: ‘Amount @) Amount (@) Total Sales 7,60,000 | Opening Debtors 12,000 Total Purchases 1.20,000 | Closing Debtors 22,000 Total Expenses 12,000 } Opening Creditors 20,000 Prepaid Expenses: Closing Creditors 30,000 Opening Balance 4,000 | Outstanding expenses Closing Balance __| __2.000 lance 4,000 Part - B (5% 12= 60 Marks ) Note: Answer all the questions. 9. (4) Define Manayement Accounting and explain the Scope and Functions of Management Accounting, oR nation relates to Coro sM ing Machines. adel Co, Lid., whieh produc Cost (per unit) Material & 50, Labour € 25, Ditect Expenses & 15, Fixed Expenses & 10, Profit 220, Selling Price t 120. The production capacity of the factory is 10,000 units. At present, a supplier has offered to sell the same item for ® 95, Should the company produce the item or buy it from the supplier? (ene Rerhstcaping of rook (b) Following info CRIMINAL oc Anjone found oly LADLE Yo cs LEGAL proceedings) se COST CONTROL AND MANAGEMENT ACCOUNT, — 10. (a) The following information relates to a Flexible Budget at 60% capacity. Find out the overheag costs at 50% and 70% capacity and also determine the overhead rates: (b) (a) (b) Bapenses At 6006 Capacity Variable Overheads: ‘Amount (®) Indireet Labour 10,500 Indirect Materials 8200, Semi-Variable Overhead: Repairs and maintenance 7,000 (70% fixed 30% variable) Electricity (50% fixed, 50% variable) aa Fixed Overheads Office Expenses including Salaries 710,000, Insurance 4,000, Depreciation 20,000 Estimated Direct Labour Hours 1,20,000 OR Data relating to a job are as thus: Standard rate of wages per hour T10 Standard Hours 300 Actual Rate or wages per hour R12 Actual Hours 200 ‘You are required to calculate (i) Labour Cost Variance (ii) Labour Rate Variance (iii) Labour Efficiency Variance Calculate the trend percentages from the following figures of X Ltd: taking.2014 as the base and interpret them: Profit Before Tax ‘Year Sales Stock (Ein lakhs) nee 2014 T.88T 709 321 | 2015 2,340. 781 435 2016 21655 816 438 2017 3,021 944 527 2018 3,768 1154 672 OR Following is the Profit and Loss Account of X Ltd, for the year ended 31" December 2019 Dr, cr. “Amount | Roan @ @ To Opening Stock 100,000 | By Sales 60,000 To Purchases 3,50,000 | By Closing Stock 100,000 To Wages 9,000 To Gross Profit c/d 2,01,000 - 6,60,000 60,000 ‘To Administrative Expenses |” — 20,000 | By Gross Profit b/d. 2 2,01,000 To Selling and Distribution | 89,000 | By Interest on Investment (outside Expenses business) 10,000 To Non-Operating Expenses | _ 30,000 | By Profit on sales of Investments 8,000 “To Net profit 80,000 L 219,000, 2,19,000 fou are required 10 calculate: J, Gross Profit Ratio 2. Net Profit Rutio 3. Operating Ratio 4, Operating Profit f penses Ratio, 2 SIA PUBLISHERS AND DISTRIBUTORS PVT. LTD. sh aS of Indian AL Lie. (< it) Lakhs) 12. (a) Prepare a Fund Flow Statement from the following Balance Sheet T pbinbilities | ]/2019&) [2018 Assets: 1] 201948) |) 20787), Share Capital 345 4,933 3,994 | Reserves 2,459 1,927 1,651 I 3,004] 2s 3,006 2343 Loan Funds, 2.196 | 2.295 | Investments (Long-term) 62 2 5,800 | _4,500 | Inventories 2,075 1,804 ‘Current Liabilities 1,241 1,533 | Debtors: 1,157 687 Creditors 434 327 | Cash & bank Balance 512 844 Loan & Advances: 663 620 7475 |__ 6,360. Tas |___ 6,360 OR (@)_ From the following Balance Sheets of SM. Industries Prepare a Funds Flow Statement showing ‘your workings clearly. Liabilities 72019@) |. 2020.) Assets 2019 @). [2020 @ |} ‘Share Capital 60,000] 65,000 | Goodwill 30,000 25,000] Profitand Loss Ale | 34,000] 26,000 | Plant & Machinery 60,000] $0,000 | current Liabilities |_ 12,000 3,000 | Current Assets 16,000 19,000 L 1,06,000, 94,000" 1,06,000 94,000 Additional Information (i) Depreciation of ® 20,000 on Plant and Machinery was charged to Profit and Loss Account (ii) Dividends of € 12,000 were paid during the year. 13. (a) The following are' the Comparative Balance Sheets of XYZ Ltd. , as on 31st ‘December 2018 and 2019. Liabilities 2018 @ [2019 ©) “Assets 2018 @ | 2019 @ Share Capital Land 1,00,000 1,50,000 } (Shares of @ 10 each) 3,50,000 | 3,70,000 | Stocks 2,46,000 | 2.13.500}) Profit & Loss A/c 50,400] 52,800 | Goodwill 50,000 25,000) 9% Debentures 60,000 | 30,000 } Cash and bank 42,000 35,000 ‘Creditors 51,600] 59,200 | Temporary Investments 3,000 4,000 } Debtors 71,000} 84,500 | L. 5,12,000 | 5,12,000 5,12,000] 5,12,000]} and Loss Account. You are required to prepare a Cash Flow Statement for the ended 31-12-2019. (b) The financial position of Ram on I* ia) 2017 was as following: eerie (01-01-2017 | 31-12-2017 Dioia017 sisson] Liabilities ® © ‘Assets (| ye | Creditors 36,000 41,000 | Cash 4,000 600 | Mrs, Ram's Losn 20,000 | Debtors 35,000 38,400] Loan from Bank 30,000, 25,000 | Stock 25,000, 22,000 Capital 148,000 1,49,000 | Land 20,000 30,000) Building $0,000 55,000 Machinery $80,000 2,14,000, 5,000. cco Other particulars provided to you are : (a) Dividends declared and paid during the year € 17.500 (6) Land was revalued during the year at 1,50,000 and the Profit on Revaluation transferred Prof Busing the year, the propricior withdrew & 26,000 for domestic purpose. The Provis Deprecision against Machinery us on 01-01-2017 was 227,000 and on 31-12-20 17 was 36,000. Prepare Cash Plow Statement, XeroxPhotoes woe pig oh boa» ERIMINAL ac Any ond ules ABLE to aco LEGAL procedings) a :

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