 Past Papers Topic-wise Unsolved
 From 2000 – 2018
CSS
2019
Examination Topics
1. Cost Accounting Concepts
& Classifications.
2. Cost of Goods Sold and
Income Statement.
3. Cost Accounting Ledger
System.
4. Material Costing.
5. Labour Costing.
6. F.O.H. Costing.
7. Job & Batch Costing.
8. Process Costing & CPR.
9. Marginal & Absorption
Costing.
10. CVP Analysis & Decision
Making.
11. Budgeting.
12. Standard Costing &
Variance Analysis.
Email:asifgcma@gmail.com
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whatsapp: 0321 9842495
Examination Structure According to 2015 Revised Syllabus
 CSS Accounting and Auditing is a subject of 200 Marks covered in 2 papers
consisting 100 Marks each, every paper has 20% weightage for MCQs and
80% weightage for Structured Questions.
 Paper – 1 has 2 sections each has 50% Weightage ie 50 Marks for each section.
 Section – A is for Financial Accounting (50%) in which a student needs to attempt
2 out of 3 questions of 20 marks each.
 Section – B is for Cost & Management Accounting (50%) in which a student needs
to attempt 2 out of 4 questions of 20 marks each.
Job & Batch Costing; Examination Importance
This topic has never been a favourite one for the paper setter as it is examined only 3
times since 2001. Last time it was added in CE 2016 but the question was basically of
Cost Accounting Ledger System in which there was only a reference of Jobs, so purely
it is opted only twice and that is also when the syllabus not revised in 2015. In CE 2019
it seems to have a low probability.
Prof. Asif Masood [ACMA, MBA (Finance), M. Phil)] 0321 9842495
Asif Masood is the renowned teacher of CSS Accounting & Auditing, Business
Administrations and Mercantile Law. He is engaged with the profession of
teaching since 1999 and has been a part of faculty of various reputed educational
institutions including GCU, UCP, Superior University and AIOU for MBA, M.Com,
BBA classes. Moreover he is providing coaching to ACCA, CIMA, CPA, CMA, ICAP
and ICMAP students since last 20 years.
For CSS, Prof. Asif Masood is the most experienced and result producing teacher of the
subjects of Accounting & Auditing, Business Administration and Mercantile Law. He is
mentoring CSS Aspirants since 2005 and has hundreds of Aspirants who got coaching
from him and succeeded including the Top Position Holders in CE 2017, Mr. Awaid
Irshad (1st), Mr. Ahmad Faisal Ch, (42nd), Seyyad Ammar Akhtar (48th) and Miss Iqra
Shoukat (116th).
This bunch of past papers are distributed topic-wise and which includes commentary on
each topic regarding its Examination Importance, is for the help and guideline of the
Aspirants seeking to opt Accounting & Auditing as one of their optional subjects to
lite
maximize their aggregate marks in CSS. Good Luck
Prof. Asif Masood
ALC, Lahore
0333 4169258
CSS Accounting & Auditing Job & Batch Costing

Adam’s Learning Centre, Lahore

CSS Accounting & Auditing
Topic-wise Past Papers (Unsolved)
Job Order & Batch Costing
Q. 1 (CSS – 2014, Paper # 2, Part – II, Q. # 3) (20 Marks)

The following information is available regarding Job No. 101:

Direct Labour Cost Cost Hours
(Rs.)
Week of November 2 75,000 600
Week of November 9 83,000 750
Week of November 16 82,000 720
Week of November 23 460,000 400
DIRECT MATERIAL COST
Material purchased direct for the job: Rs. 580,000
Material issued from store: Rs. 120,000
MANUFACTURING EXPENSES
Applied @ Rs. 80 per direct labour hour
OTHER DIRECT MANUFACTURING COST
Loading & Shipping and Installation: Rs. 75,000
ADMINISTRATIVE AND SELLING EXPENSES
To be changed @ 10% of total cost to make and install
Selling price of the machine is Rs. 1,5 25,000
REQUIRED: Prepare a Job Order Cost Sheet including a summary showing the Profit or the Loss relating to above Job
cumber.

Q. 2 (CSS – 2007, Paper # 2, Part – A, Q. # 2) (20 Marks)

Hamza Manufacturing Company collects its cost data by the job order cost accumulation procedure. For job No.
0010, for customer Hunzala Ltd; the following data is available:
Direct Material Cost
Jan 06 Issued Rs. 2,000
Jan 10 Issued Rs. 1,500
Jan 18 Issued Rs. 1,000
Direct Labour Cost
11 Jan, 150 hours @ 12 per hour
20 Jan, 200 hours @ 11 per hour
Factory overhead is applied @ 5 per direct labour hour. Hunzala Ltd. placed the order for 1,000 units on Jan 05,
2007.
The Hamza Manufacturing Company started the work on job No. 0010 on Jan 06, 2007 and job was completed
on Jan 20, 2007 (one day before the date wanted by the customer). The sale price of the job was contracted with
a mark up of 20% of cost.
Required: Prepare a Job Order Cost Sheet assuming that Selling and Administrative Expenses are 15% on Sales.

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