D 70518 (Pages : 3) Name.

Reg. No.

SIXTH SEMESTER FIVE YEAR B.B.A., (HONS.) DEGREE

EXAMINATION, NOVEMBER 2014
CM 17-COST AND MANAGEMENT ACCOUNTING
Time : Three Hours Maximum : 75 Marks

Part A
Answer any six questions.
Each question carries 5 marks.
Define and explain with example the term "cost unit'.
mw

What is perpetual inventory ? What are its advantages ?

Describe in brief the various methods of wage payments.
Enumerate the bases of apportionment of factory overheads.
What are cost sheets ? How do they differ from Cost Accounts ?
What do you understand by marginal costing ?
ont

Distinguish between Budgeting and Budgetary control.

On the basis of the following information construct BEP. chart :

Fixed cost Rs. 40,000

Selling price Rs. 10 per unit
Variable cost Rs. 6 per unit.
(6 x § 30 marks)

Part B
Answer any two questions.
Each question carries 10 marks.
1. Define "Budget" and "Budgeting". Discuss its utility and limitations.
2. What is meant by Cost Accounting ? In what essential aspects does Cost Accounting differ from
management accounting ?
3. What is purchase cycle ? Briefly explain its operation.
(2 x 10 20 marks)

Scanned by CamScanner
 D 70518
5

Part C
Answer any two questions.
Each question carries 12% marks.
1. Discuss the different hases on which factory expenses can be apportioned. Describe the merits
and suitability of each of them.
2. Write a lucid note on marginal costing. Indicate its effect on profit computation.
3. "Cost accounting is a branch of financial accounting and it has been evolved to do away the
limitations of financial accounting and to meet the needs of management." Camment.
(2 x 12.5 = 25 marks)

Scanned by CamScanner
 12207 (Pages : 2) Name

Reg. No

SIXTH SEMESTER (FIVE YEAR) B.B.A., LL.B. (HONS.) DEGREE EXAMINATION,

OCTOBER 2016
CM 17 -
COST AND MANAGEMENT ACCOUNTING
Time : Three Hours Maximum : 75 Marks
Part A
Answer any six questions.
Each question carries 5 marks.
1. Define Management Accounting and discuss
briefly its advantages.
2. What is purchase cycle?
3. What are overheads? How are they classified?
4. Explain : Key factor, P/V ratio and Margin of safety.
5. Give a description of important budgets.
6. What is a cost sheet and why is it prepared?
7. On the basis of following information construct B.E.P. chart :

Fixed cost = Rs. 20,000.

Selling price = Rs. 5 per unit.

Variable cost = Rs. 3 per unit.
8. What do you understand by A, B, C analysis? What are its advantages?

(6 x 5 = 80 marks)

Part B
Answer any two questions.
Each question carries 10 marks.
1 Explain the objects and benefits of cost accounts. What are its demerits?
2. What do you understand by overheads? Differentiate between
allocation and apportionment
of overheads.
3. What are the essential features of a
good wage system?

(2 x 10 = 20 marks)
 IOP SET 16+ "PERN Sano a

2 D 12.37

Part C
Answer any two questions.
Each question carries 12% marks.
1. What do you understand by 'marginal costing'? How marginal costing is useful for solving
various management problems?
2. What are the characteristic of an Ideal Cost Accounting System? Discuss.
3. What is Budgeting? Explain the different types of budgets.
(2 x 12% = 25 marks)
s\
(Pages : 3) Name

Reg. No
SIXTH SEMESTER B.B.A., LLB.
(HONOURS) DEGREE EXAMINATION
NOVEMBER 2017
CM 17-COST AND MANAGEMENT ACCOUNTING
(2011 Admissions)
Time : Three Hours Maximum : 75 Marks
Part A
Answer any six questions.
Each question carries 5 marks.
1. From the following information calculate passenger-kilometres and cost per passenger-
kilometres :

Number of buses- 2

Number of trips by each bus- 4

Days operated in a month 30

Distance of route- 50 kms (one way)

Capacity of bus- 60 passengers

Normal passengers travelling- 80% of the capacity

Total-operating costs for 4 buses- Rs. 28,80,000

2. What is minimum stock level ? State the factors to be considered while fixing this level ?

3. Explain the concept FIFO ?

4. What is profit-volume ratio ? How it is determined ?
?
5. Differentiate cost and expense
flexible budget ? List out the various steps in preparing flexible budgets ?
6. What do you mean by
is cost accounting ? How
it is support management 2
7. What
costing helps management in deciding whether to make or buy ?
8. How marginal
(6 x 5 = 30 marks)

Turn over
 2

Part B
Answer any two questions.
Each question carries 10 marks.
9. From the following information calculate :

(a) Contribution.
(b) P/V Ratio.

(c) Breakeven point in Units,

(d) Breakeven point in Value.,

Given :

Selling price per unit Rs. 20.

Variable cost per unit Rs. 12.

Fixed costs Rs. 32,000.

10. Calculate the minimum stock level, maximum stock
level, re-ordering level and average stock level
from the following information :

G) Minimum consumption = 100 units per day.

Gi) Maximum consumption = 150 units per day.

(iii) Normal consumption = 120 units per day.

(iv) Re-order period = 10-15 days.

'(v) Re-order quantity 1,500 units.

(vi) Normal re-order period = 12 days.

11.. What are the different methods of classifying overheads ?

(2 x 10 = 20 marks)
Part C
Answer any two questions.
Each question carries 12% marks.
What are the essential characteristics of a good costing
+

is 4 cost accounting system?

12. What 9
'
system
 yr"
Ad

C 31882
3

13. Prepare a cash budget for the three months ending 30" June 2016 from the information given
below :

Month cash credit cash credit other

sales sales purchase purchase expenses

February 60,000 90,000 45,000 80,000 20,000

March 90,000 1,05,000 70,000 1,00,000 26,000

April 85,000 1,60,000 80,000 90,000 24,000

May 70,000 1,10,000 75,000 1,00,000 _

30,000

June 65,000 1,20,000 75,000 1,30,000 35,000

> Credit terms

¢ Debtors are allowed one month time for making payment.

Creditors allow two months time for payment.

* % month is the time taken for making payment of other expenses.

> Every month Rs. 3,000 is to be paid for rent.

> Cash and bank balance on 1* April 2015 is expected to be Rs, 4,000.

14, What is marginal costing ? What are the advantages and limitations of marginal costing ?
(2 x 12% = 25 marks)

yu

ty

te

O
yWet,
44 dine
 é

hur (Pages : 3) Name aoe

Reg. No
SIXTH SEMESTER B.B.A., LL.B. (HONOURS) DEGREE EXAMINATION
APRIL 2018
CM 17-COST AND MANAGEMENT ACCOUNTING
(Syllabus Year 2011)
Time : Three Hours Maximum : 75 Marks
Part A
Answer any six questions. :

Each question carries 5 marks.

1. Describe 'cost control' and 'cost reduction ?
2. Define EOQ. How it is determined ?
3. What is time-keeping ? What are the purpose of time-keeping ?

4. Write a short note on the direct material cost method of absorption of overhead ?
5. How does cost sheet differ from cost account ?
6. What do you mean by flexible budget ? List out the various steps in preparing flexible budgets ?

q What is marginal costing ? What are the limitations of marginal costing ?

8. Define budget and budget manual
(6.x 5 = 30 marks)
Part B
Answer any two questions.
Each question carries 10 marks.
9. What is management accounting ? How it is differing from cost accounting ?
10. The following relate to a concern :-

Sales Rs. 20,00,000.

P/V ratio 20 %.
Margin of safety ratio 30 %.
Calculate :

(a) Break even sales.

(b) Profit earned by the concern.
(c) Sales to earn a profit of Rs. 2,00,000.
Tur
 Z
VW, Caleulate the minim stack level, snaxiinusn
stack re-arlering level and
from Lhe following NM :

AC
be (3) Minimum consumption « JOM unites pace day,
(b) Maximum consumption = 144 unites
per diy
(c) Norma) CODSUInpLON = 118 unites
par day.
(dd) Ke-order period 10-14 days,
:
Ce) Re-order quantity ,199 unite,
(f) Normal re-order period « 14 days.

(Z« 16 = 2h;
Part C
Anawer any two questions,
Koch question carries V0, marks.
12, Calculate Prime Cost, Factory ( Cost, ( Cost of
Production, Cost of Sales and profit from the follox.
particulars ;

Ks.
Ra
Direct Materials ene
1,00,000 Consumable stores
Direct Wages
tee
254
toe
30,000 Manager's Salary toe 5,66
Wages of Foreman bee
4,500 Dircetors
Electric power 1,250
* 500) Office Station
Lighting : 506
Factory ore
1,500 Telephone Charges
Office ese 125
tte
00 Postage and Telegrams
Storekceper's eee 250
1,900
Oi) and water salary
00
oe
1,250
GA penser
Rent ; Facty ry 500
5,000 Ad
Officer
vertising
1,250
4,500 Warehyuse
Repairs and Renewalg :
charges 500
? Sal Ck
ane
3,500
-1,89,5600
Transfer to Reserve, ar age outward
375
1,000 dividend
Discount on shares oor 2,000
Written off
eer
500
Depreciation ;

Factory Plant
0- $00
Office Premises
foe
1,250
 3 I 44417
Qd ap,
er a cash budget for the three months ending 30th
epare
June 2015 from the information given
:
low

Month Cash Sales Credit sales Cash purchase Credit Purchase Other expenses

February 60,000 90,000 45,000 80,000 20,000

March 90,000 1,05,000 70,000 1,00,000 26,000

April 85,000 1,60,000 80,000 90,000 24,000

May 70,000 1,10,000 75,000 1,00,000 30,000

20

June 65,000 1,20,000 75,000 1,30,000 35,000

v Credit terms :

for making payment.

¢ Debtors are allowed one month time
for payment.
© Creditors allow two months time
for making payment of other expenses.
© 1% month is the time taken
for rent.
v Every month Rs. 3,000 is to be paid
2015 is expected to be Rs. 4,000.
v Cash and bank balance on 1st April
of l costing ?
and applications margina
14. What are the assumptions
(2 x 12% = 25 marks)

marks)
\\90515
(Pages : 3) Name

Reg. No
SIXTH SEMESTER B.B.A., LL.B.
(HONOURS) DEGREE EXAMINATION
NOVEMBER 2020
B.B.A., LL.B.
CM 17-COST AND MANAGEMENT ACC
OUNTING
Time : Three Hours
Maximum : 75 Marks
Part A
Answer any six questions.
Each question carries 5 marks.
1. What do you mean by cost centre and
profit centre ?
2. What is break-even point ? How it is expre in
ssed algebraically ?
3. What do you mean by idle time ? What are, the different
types of idle time ?
4. What is time wage system ? State the situations in which
this is suitable
system ?
5.Differentiate functional budget and master budget.
6. What is over or under absorption of overhead ? Give
examples.
Define management accounting.
8 Find out the economic ordering quantity (EOQ) from the following parti
cular s.
Annual usage : 6000 units
Cost of material per unit : Rs. 20
Cost of Placing and receiving one order : Rs. 60
Annual carrying cost of one unit : 10% of inventory value.

(6 x 5 = 30 marks)
Part B
Answer any two questions.
Each question carries 10 marks.
9. Define zero base budgeting. What are the advantages of ZZB ?
10. What the different methods of pricing material issue ?

Turn over

RD
 1045,
2

for the year 2016 assume sales a

11. From the following details in units, prepare production budget
limiting factor :
:
Product Group A Opening Stock Budgeted Sales

x 50,000 2,00,000

: ¥ 60,000 2,50,000

Z 1,00,000 §,00,000

Product Group B

10,000 1,00,000

Q 20,000 50,000
Stock of Y and Z is to be maintained at 10% above the existing level to sustain the budgeted sales.
Stock level of X may be reduced by 20%. Stock of Q is proposed to be raised by 30,000 units for
export market not considered in sales budget given above.

(2 x 10 = 20 marks)
Part C
Answer any two questions.
Each question carries 12% marks,

12. The following relate to a particular period :

Sales Rs.2,00,000
Variable cost :

Direct material Rs. 60,000

Direct labour Rs. 40,000
Variable overheads Rs. 20,000
Fixed cost : Rs. 40,000
(i) Calculate P/V Ratio.
(ii) Sales to earn a profit of Rs. 80,000 and
(iii) Profit at a sale of Rs. 4,00,000.
13. Explain the different methods of absorption of
manufacturing overhead
 $3 991
4 Calculate Prime Cost, Factory Cost, Cost of Production, Cost of Sales and
Profit the
particulars :

Direct Materials 1,00,000 Consumable stores 184

Direct Wages 30,000 Manager's Salary 606

Wages of Foreman 2,500 Directors' fees 2536

Electric power 500 ¢

Office Stationery 544

Lighting : Factory 1,500 Telephone Charges

Office 500 Postage and Telegrams 259

Storekeeper's wages 1,000 Salesmen's salary 1,258

Oil and water 500 Travelling expenses 564

Rent : Factory Advertising 1,250

°

5,000
Office 2,500 Warehouse charges 04

Repairs and Renewals : Sales ,8,35

Factory plant 3,500 Carriage outward 3745

Transfer to Reserves 1,000 Dividend 2,000

Discount on shares written off 500

Depreciation :

500
Factory Plant
Office Premises 1,250
(2 x 12% = 4
EM marks)
 192495
D 10927
Name

Reg. No
SIXTH SEMESTER B.B.A. LL.B. DEGREE
(REGULAR/SUPPLEMENTARY)
EXAMINATION, NOVEMBER 2021
B.B.A. LL.B.
CM 17-COST AND MANAGEMENT ACCOUNTING

(2011 Scheme)
Time : Three Hours
Maximum : 75 Marks
Part A
Answer any six questions.
Each question carries 5 marks.
1. What is time study ?
2. What is management accounting ?
3. List out the advantages of material control,
4. What is idle time ?
5. What is master budget ?
6. What is marginal costing ?
7.Write a note on ABC analysis.
8. What is angle of incidence ?

(6 x 5 = 30 marks)
Part B
Answer any two questions.
Each question carries 10 marks.
1. Explain the limitations of break even analysis.
2. What are the features of budgeting ?
3. What are the differences between cost accounting and financial
accounting ?
(2 x 10 = 20 marks)
Part C
Answer any two questions.
Each question carries 12.5 marks.
1 Explain the merits and demerits of cost accounting.
2. What are the procedures for the installation of budgetary control ?
3. What are the features of a good incentive plan ?

(2 x 12.5 = 25 marks)

192495
 379056

Name Bako
5270 (Pages: 2)
Reg. No...

DEGREE EXAMINATION
SIXTH SEMESTER B.B.A., LL.B. (HONOURS) 2022
APRIL 2022/NOVEMBER
B.B.A., LLB.
ACCOUNTING
CM 17-COST AND MANAGEMENT
(2011 Scheme)
Maximum : 75 Marks
ime. Three Hours
Part A

Answer any qresttons.

Each question carries 57 marks,

© What is meant by cost accounting

7"

7 -
a
2 indirect labor cost
-

-3, Define budget.

-4 Define minicwum level.
:

What is breakeven point ?

&
Define Muterial control ?

Define budgetary control.

"8, What do you mean by CVP analysis ?

(6 x § = 30 marks)

Part B
Answer any two guestians.
Each question carries 2 marks.

1. What are the advantages of marginal costing ?

Write down the objectives of cost accounting.

Write down the advantages of material control.
(10 4 2 = 20 marks)

Turn over
 2

Part

Answer any two questions,

Each quesiton carries 124 marks.

1 at are the steps for the installation of budgetary central ?

2. Briefly explain the scope of management accounting.

\ What is cost accounting 2 Explain the scope of cost accounting.

(2 «12422
 (Pages 3)

Reg No
SIXTH SEMESTER
BBA, LLA. (HONS.) DEGREE
EXAMINATION, OCTOBER 2015
CM 17-COST AND
MANAGEMENT ACCOUNTING
Three Hours
Maximum ; 75 Marks

Part A
any questiona,
Back marks,
1. Define and explain ===mpte
2. Why ia important function ?
3. What te meant by 'incentive plan' in the remuneration of labour f
4, Differentiate between allocation aad overheads.

5. How does const sheet differ from etatement

6. Explain the concept of marginal cost.

7. What tha limitations of budgeting
From the Information ascertain the BRP, nad verily graphically

Bs.

Bales 6,00,000
2,00,000
Variable cost (40 %) oan

ann 1,00,006
Fixed (6 =b= 30 marks)

Part
fea
l
Each question
Acoounting
and
Coat Accounting
1, Differentiate budgetary eysarn
of a
2. What the requiremente
quantity.
0210 u 20 marks)
3,

Tere erer
 2

Part C
Answer any two questions.
12% marka.
Each question carries
is the scope and its limitations
?
1. What is Cost Accounting
? What
inal costing for m=anegerin]
2. State some important applications
3. Outline an efficient system of stores
control.
(2 x 124,