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PSIT College of Higher Education

Odd Semester, Session 2023-24, Assignment – IV
BBA – III Semester
Management and Cost Accounting [F010301T(A)]

Time: 45 Minutes M. M. 36
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Q.1 What do you understand by classification of cost. Explain characteristics and types of cost.
[6 Marks]
(CO1)

Q.2 What do you understand by job order cost accounting. Make a format of job cost sheet.
[6 Marks]
(CO1)

Q.3 Explain cost variance along with its types [8 Marks]

(CO2)

Q.4 Explain management accounting also explain purpose of management accounting.

[8 Marks]
(CO2)

Q.5 The expenses budgeted for production of 1,000 units in a factory are furnished below:

Prepare a budget for production of 600 units and 800 units assuming administrative
expenses are rigid for all level of production. [8 Marks]
(CO3)