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    Mba (CM)

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    Varun VK
    1) The document contains an internal assessment for the subject of Cost and Management Accounting. It includes questions regarding variable costing, overhead absorption, break-even point, and distribution of factory overheads using the simultaneous equation method. 2) The steps in overhead absorption are identification and collection of overhead costs, apportionment of overhead costs to service departments, and absorption of overhead costs. 3) Important factors supporting break-even point calculation include separating total costs into fixed and variable components, with variable costs changing in direct proportion to volume while fixed costs remain constant.

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    Mba (CM)

    Uploaded by

    Varun VK
    13 views8 pages
    1) The document contains an internal assessment for the subject of Cost and Management Accounting. It includes questions regarding variable costing, overhead absorption, break-even point, and distribution of factory overheads using the simultaneous equation method. 2) The steps in overhead absorption are identification and collection of overhead costs, apportionment of overhead costs to service departments, and absorption of overhead costs. 3) Important factors supporting break-even point calculation include separating total costs into fixed and variable components, with variable costs changing in direct proportion to volume while fixed costs remain constant.

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    MBA (CM)

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    1) The document contains an internal assessment for the subject of Cost and Management Accounting. It includes questions regarding variable costing, overhead absorption, break-even point, and distribution of factory overheads using the simultaneous equation method. 2) The steps in overhead absorption are identification and collection of overhead costs, apportionment of overhead costs to service departments, and absorption of overhead costs. 3) Important factors supporting break-even point calculation include separating total costs into fixed and variable components, with variable costs changing in direct proportion to volume while fixed costs remain constant.

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    13 views8 pages

    Mba (CM)

    Uploaded by

    Varun VK
    1) The document contains an internal assessment for the subject of Cost and Management Accounting. It includes questions regarding variable costing, overhead absorption, break-even point, and distribution of factory overheads using the simultaneous equation method. 2) The steps in overhead absorption are identification and collection of overhead costs, apportionment of overhead costs to service departments, and absorption of overhead costs. 3) Important factors supporting break-even point calculation include separating total costs into fixed and variable components, with variable costs changing in direct proportion to volume while fixed costs remain constant.

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    of 8

    USN 1BI 1MBA 56

    VABUN R
    Name

    Semester

    MBA
    bnaneh

    Section
    CostCast Management
    Sufee hame

    18MBA FM305
    Subject Code

    Tntenal assessment 2

    1322020
    Date

    50
    Max. Marks
    VARU N.R (12T Ba56)
    PRBT-.
    Octouting Cost
    Q1.a)Ar Vaniable cosling" 1 mosogena
    oNerhead i
    Contept. Under this method, onufachuno
    is oduced.
    intwred in the poiod thot a mduct

    issue
    abphon sting that
    This addvesses the

    to se as mduchon
    aUlous income

    bp Overhead absopton"
    is deinecd as the
    ebong3
    the chorgíng
    meons
    Hates 3eparat-
    ouerhads to Cost units

    each Cost Cenbre.


    Calculated d or
    DNer
    or under
    The easons oY

    overhead doUows
    sbsorpion o
    worked
    more less
    ackual houYS
    The
    the bucgeted hours
    thon

    actual
    overheed costs aerent om
    The
    tudge td overhea ds
    Dverhad costs and acval achviby
    oth achual
    the budgted osts and
    ewel ane diterent om

    ewel
    UARUN R (1BI1AMBA56) V. 02

    The method 6verhead absoption may b wo

    *Unepeeted Epenses ma
    may be nured tne
    dußng the

    accoun ng period
    wpenseS
    tuc vabons the Ouerhead
    * Seasona
    period to perio
    om
    Snuolved n ouerhtad disibubon
    02.a1 The stps
    as ollows

    Qnd
    A l l d c a h i o n a n d p p o r t i b n m e n t _ o v e r h e a d

    Stoge 1 abohon h on
    The skep
    skp in the
    and collect olh cosBs do tdevent
    erent
    COsts s o detidy
    1denti
    Cost Cenres.
    produc Hon ud

    depadmenis oveshead to
    Apporionmeot Serusce
    Stoge 2
    produdng depaudrount_
    Tt is also termed as
    Sesonday
    distibuion'

    Stge 3 Absoxption et Ouerhead Casts

    Tts terme as
    eo
    ovahead absoption"|

    n Cos accountig
    VARUN. RR (18I
    (1BI19MBAS6)
    111BA56) VR O

    02.6Ap The meak-wen point 19 th Leel q pmduron


    at which the Costs produehon eqpal the

    HeenueS oY product.
    BEP
    Jhe
    The mportant assuppong

    aNe as olows
    Toto ed ard
    Costs Can be separated
    ALl
    auable CoponentS

    unft hemainns Censtont and


    Vaiable cost
    Uaruable
    cost Vaues n direct propontibn
    total
    uobme Production.
    to the

    Cost Yemans con stant


    Total id

    phce per unit does not change as


    Sellig
    otwmt thongts
    one pmduct ov the Case
    There s
    pnducts, the Soules mhx does ot
    rmuliple
    change
    fs nD synconi2ation beten produehon
    There
    and sals. In other uords, vowme
    UARUN-R (18119MBA5G)Ue
    produc ionm eguals uoume Sales
    PART B

    Q4A
    pakd on distibvcion
    vishal margtu
    and
    Pnina
    Pnimaxy
    Sevice t
    Expenses Bass Tota Paoduckon d
    Rportiorment M N
    P
    L4.ooo
    DSreet .000
    mattial

    3,ooo 6, o00
    Det .ooo

    Facbo Avea 9dt ,soo ISoo Soe


    ,ooo
    1ent
    2 : : 2)

    Pouer rachin ,S00 1O59 r324 +4 S21

    4:S:2: )

    Deneiahon Cos asst s4S818 545 24


    3,oo 18
    (3 3? :1)

    Othr oh diveetnges 21oS


    180S
    3,000
    $o: SC :20: »:6o

    9,12 G 15,373
    Totat pin 39,soo| 488 4303 S17
    disbibubion
    (9a2c 43
    389o 194 S218
    Dept M (4 3 : 1)

    32 69
    8113 HO84 814
    Dpt N (10: S : 4 )

    37 I63 24S
    opt M 4 2 3 ; 1

    2
    DptN ( 1 0 : 4 1)

    p M(a:2* 3: 1) (4
    TOTAL s econ d a r
    distbuion
    ,314 I0, $2 o, 666 |
    UARUN. R
    1BIINBh56) VaR 05

    3imultaneous eqvation metho -

    26 4 o.0

    0.1
    1S, IS,373
    0.05 , 126

    S, 373
    -0.14
    01 0.00s 173
    S,313

    .995 6.346

    N
    16.46. 28

    726 + 0.0 (16428)

    method
    undar mutantous eqpation
    Rsti bubon
    Sevice d p t
    Parhicula| Basís pton_Prduebon dept
    R M N

    1S.333
    Pima °kh 881 303 52 14 9126

    4 219 2 lo 3164 o s 47)


    Dot M 4 2 3 :)

    Dept N ut)
    821 l b 8 328s(32 (16u23)
    173/4OS 20| 1666
    UARUNI-R (1BIMNBA5) o
    Colculakon- machire hor a t

    Machine hour Yate To tal tordapy dis


    We 8moth rs

    1734

    o S20
    26

    666
    coo 2.
    VARUN R (18119MBA 56) Va4 -

    QUIZ

    02

    (lu.

    0.

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