Code No,

D-14123/E/N
FACULTY OF COMMERCE
B.COM (CBCS)VI-Semester (New)Examination,
June/July-2022
COST CONTROL AND MANAGEMENT
(Common Paper for General/Computer
ACCOUNTING
Applcations/ Advertising
and Tax Procedure / Honours Courses)/ForeignTrade

/
Time: 3 Hours
Max. Marks:80
Nole: Answer
Part- A (5x4= 20 Marks )
any five
Ex stions,
the
plain ofManagement Aceounting.
Explain Standard Page No. 2. Q2) (Unit-1,
3 Costing.
Explain the importance of Page No. 40, Q2) (Unlt-1,
4 Statement Analysis.
Financial
Explain about the Statement (Unit-ll, Page
of Changes in Working No.82, Q3)
Explain the importance of Capital.
(Unit-IV, Page No.
6. Cash Flow 130, Q3)
From the following figures Statement.
(Unit-V, Page No.
Calculate the Sales
required to
158,Q2)
earn a Profit of? 1,20,000
7 VariableCost3,75.000: Fixed Cost 1,60,000.
Sales T6.00.000:
The Wocking Capital of a firm
roge No:
(Unlt-,
is 80,000 and .3,Q7)

P
its
Current Liabilities. CurrentRatio is 5. What ar the
Current Assets and
Calculate Cash Flows from (Unlt-ll, Page No. 84,
OperatingActivities from the Q8)
Sales S,40,000 followinginformation:
Purchases 3,40,000
Wages 50,000
Advertisement 20,000
Page No.
Note: Answer all thequestions.
Part- B(5x 12 = 60 Marks )
(Unit-V,
159, Q4)
9
(a) Define Management
Accounting. Explain its
objectives.
OR (Unlit-1, Page No. 6, Q12)
(b) The following
information is related
Kakatiya Cements Ltd.
(Unit-1, Page No.
(L0,000
Sales Tones) 19, Q28)
Material R5,00,000
Labour 1,00,000
50,000
Direct Expenses
Fixed Cost 10,000

Profit
R3,00,000

You are R40,000

to find out (a) Breakeven
required

carn a Profit to 50,000 (e)

required to
Point (b) Ratio (c) Margin of PV
Safety (d) Sales
10. (a) The Standard Find Profit at Sales level
of 9,00,000.
Material Cost for 100kg of
Chemical A-30kg Chemical X is made up of
@R4kg
Chemical B-40 kg @ 5/kg
Chemical C-80 kg@6kg
In a batch, 500 kgs of
Chemical
of 2588, Chemical B-220 kg
X
was produced from a mix of
at a cost of Chemical A-140 kg at aa cost
Calculate all Material Variances. 1,056 and ChemicalC-440 kg
at a c
cost 2,860.
of
(Unit-l, Page No, 65, Q35)
OR
(b) Prepare a Manufacturing
Overhead Budget and ascertain the manufacturing rates at
capacities. The following particulars are 50% and 70%
given at 60% capacity. (Unlt-, Page No. 56, Q25)
VariableOverheads
Indirect Material
Indirect Labour 6,000

Semi -VariableOverheads R18,000

(40% Fixed)
Electricity
30,000
Repairs and Maintenance
Fixed Overheads
(20% Variable) *3000
Depreciation 16.500
Insurance
19.500
Warning :Xerox/Photocopying of chis book a CRIMINAL
is act. Anyone found guilty is LIABLE to face LEGAL proceedings.
 COST CONTROL AND
MANAGEMENT ACCOINOm
information prepare Comparative Balance Shect and
comment
tollewine 2021
Fni
the 2020 Asets 2020
( 2021
(a) Amount(OIAmount
Liabilities 150,000 150,000le Recetvahle
Amort 4Ant
4.000 S,000 Cash
Capital
Share 6000 6000 Debtors 14090
Reserve 7010
pasvable
7472
Rillk A000 Baildings
redors 52000 Furniare 30000
53,000
henturesLoan Machinery 30,000
rm
Long Bank 12090

324,472| 220,039 220472

rUnit. Poge No I9 Ge
below
Compute
given
the details
From Employed
Retum on Capital
() Assets and
o)Retumon
Total
Funds
Shareholders
Return
on Equity
om)
750,000
Equity)
Net
(Shareholders
Worth 2,00,000
Share Capital 16,000
Preference
Share Dividend 11.00,000
Preference
Capital
Employed 1,40,000
C
Intangible
Assets 12,65,000
Total Assets 1.50,000
Taxes
Net Profit After 23,500 in Wor
a Schedule of Changes
Interest
Balance Sheets of
a Company,prepare (Unit-IV, Page No.
145 Q1

J ial Hrom the following

Eunds Flow Statement.
Capital and Assets 201764 20154
120176 2018()L 15,000 20,000

|
Liabilities Cash
63,000 1.00,000 30.000 28,000
hare Capl 50,000 60,0o Debtors 2000
55,000
Reserve Surplus
42,000
000stoCk
39,000 80,000 L,00,000
Creditors
25,000 Land Buildings T0.000
&
Trade 35,000 15,000
Bank erdraft 6,000 Furniture
Outstandine Expenses 5,000 95,000 2.30,000

|1.95,000| 2.30,000
OR and 2019
B. Lid as on 1" December, 2018
Sheets of
20190
are the Balance 2018 (<
(b) The following
2019 (3) Assets
152.000 200,00
Liabilities
2018() Assets 89 200
1,60,000] Fixed
1.00,000 93.400
Equity Capital 85,300 Inventory
30.800 2L100
70,250
Reserves 40,000 Debtors 3.950
000
Fund 60.000
Depreciation Prepaid Expenses 28.100
20,000
50.000
6% Debenture 48,000 Bank 83.300
28,000
Creditors 3,08,2350|
3.08,250 333,300
also available.
the year 2019 are
additional inlormation tor
The following
(a) Net Profit 27,050
charged 10,000
(b) Depreciation l46, Q20)
declared during the period 12,000.
(Unit-IV,
Page Na.
(c) Cash Dividend No. 162
Q8)
Flow Page
Prepare a Funds statement. (Unit-V.
and Cash Flow Statement.

ta) Distinguishbetween Funds Flow Statement

OR 2020.
December 2019 and
as on 31
following
from the
epare Cash Flow Statement Balance Sheet as on
Assets
2019(| 2020
D,000
Labilties 12019(2020 )
Plant
46,000 9,000
25,000
20,.000) 3,000
EquityShare Capital 12.000 Stock 7.000
Debenture 15.000 9,000
18,000 Debtors 8,000
Creditors l6.0 2.000
000 14,000Cash 69.000
P&L Account
69.000.
62.0001
Q13)
Page No. 168,
(Unit-V,

PVT. LTD.
SIAPUBLISHERS AND DISTRIBUTORS
 Code Ho E-120/E

FACULIY oF coMMERCE
B.COM (CBCS)VI.Semester Examinatlon,

June/July-2023
COST CONTROL AND MANAGEMENT ACCOUNTING
(Commen Poper tor Generl/Computer Applcatlons/forelgnTrade / Advertsing
Tax Procedure Business Analytics and Honours Courses)
/

Paper-DSC-601
Time 3 Hours
Max Marks 80
Part A (5x4m20 Marks )
Note: Answer any fvequestlons.
Insportane of Management Accounting
2 From the following infomation, find out the amount of profit earned during the year using Marginal
Costing Technique
Fixed Cost tS,00,000
VariableCost t10 per unit
Selling Price t1Sper unit
Output t1,50,000 units

Advantages of Budgetary Control.

Calculate (a) Material Cost Variance (b) Material Price Variance

Standard Actual
Quantity (kg) 40 48
Rat per kg (3) 10 12
S Objectivesof Financial StatementAnalysis
6 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,
Liabilities 1,00,000, 8% Dcbentures 3,00,000, Current
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:

Total Sales
Amount () Amount 0
1,60,000Opening Debtors 12,000
Total Purchases
1.20,000Closing 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 Closing Balance 4,000

Part- B(6x 12 =60 Marks )

Note: Answer all the questions.
9 (a) Define Management Accounting and explain the Scope and Functionsof Management Accounting
OR
(b) Following information relates to Coromandel Co. Lid., which produces Washing Machines.
Cost (per unit)Material 50, Labour 25, Direct Expenses 15, Fixed Expenses 10, Protit
20, Selling Price t 120. The production capacity ofthe factory 10,000 units. At present, a
is
supplier has offered to sell the same item for 95. Should the company produce the item or buy
it from the supplier? Give reasons.

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 The 70% capucity aahd also HU%capacity
(a) 50% and determine the
Ttd ou

)
at
10 costs overhcad rates the
overte
Expenses At
Overheads: 605Capacity
Variable Amount
Labour
Indirect 10,500
Materials
Indirect K400
Overheads:
Semi-Variable
Repairs
and maintenance 7.000

(70%fixed 30% variable)

Electricity
(50% fixed, S0% variable) 25.200
Fixed Overhcads:
including Salaries
office Expenses 70,900

Insurance 4,000

Depreciation 20,000
Direct Labour Hours
Estimated 1,20,000
OR
to a job are as thus:
(h) Data relating

Standard rate of wages per hour 10

Standard Hours
300
wages per hour 12
Actual Rate or
200
Actual Hours
You are required to caleulate (i) Labour Cost Variance (in) Labour Rate Variance (üil L:4

Efficiency Variance
a) Calculate thetrend percentages from the following figures of X Ltd. taking 2014 as the bae med

interpret them:

Profit BeioreTax
Sales Stock
Year
in lakhs)
2014 1,881 709 321
2015 2,340 781 435
2016 2,655 816 458
2017 3,021 944 S27
2018 3,768 1154 672
OR
(b) Following the Profit and Loss Account ofX Ltd. for the year ended 31"December 2019
is
Dr.
Amount Artount

560.000
To Opening Stock 1,00,000 By Sales
L00,000
To Purchases 3,50,000 By Closing Stock
To Wages 9,000
To Gross Profit c/d 2,01,000
6.60,000
6,60,000
2.01,000
Profit b/d
To Administrative Expenses 20,000 By Gross

on Investment (outside 10,000

To Selling and Distribution 89,000 By Interest
business)
Expenses 8.000
of Investments
30,000 By Profit on sales
To Non-Operating Expenses

To Net profit 80,000

2.19.000

2.19,000

You are requiredto calculate:

1. Gross Profit Ratio
2. Net Profit Ratio
3. Operating Ratio
4. Operating Profit Ratio

5.AdministrativeExpenses Ratio.

PVT. LTD.
W2SIA PUBLISHERS AND DISTRIBUTORS
 S OUESTIONS PAPERS ANn ANSWERS
(PREVIOUs TO LATEST)
12 Depare a Pnd Fw Sustenent fron the lollow ing halsnce Sheet of lndin Xi L ( in Lakhs)

Share Cital
2014s( Assete
20192018(
S48 S4SFixed Assets
Reseves
4933 1998
2450 1.660 Lese Eeprecision 1927 1651
1,004 2.205 3,006
Loan Punds 2.343
2,796 2.295 rvestments (agtern) 62 63
S,800 4,500 ventores 2075
Carent Lisbilities
L.241 1,533 Debtots
Creditors
434 327Cash bank Balance
&
S12
Loan & Advances 66
620
7475 6,360 7475| 6360
(b) From the following
your workings clearly

Liabilities

Share Capital
Profit

Current
and Loss Ale

Liabilities
Balance

2019
60,000
34,000
12,000
Sheets

()
OR
of

2020 (
S.M.Industries

65,000 Goodwill
26,000
3,000
Plant
Prepare a Funds Flow

Asset

&Machinery
Current Assets
2019 (
30,000
60,000

16,000
Staternent showing

2020(8)
25,000
50,000

19,000
1.06,000 94,000
1,06,000 94,000
Additional
Information
(O Depreciation ofR 20,000 on Plant and
Machinery was charged to
()Dividends of 12,000 were paid during the
Profit and Loss Account
year.
13. (a) The following are the ComparativeBalance
Sheets of XYZLtd., as on 31st December 2018and 2019
Liabilities 2018 () 2019 ()
Share Capital
Assets
2018 ()2019(
Land
(Shares of? 10cach)
1,00,000 150,000

Profit & Loss A/c

3,50,000

50,400
3,70,000Stocks
52,800 Goodwill
2,46,000 |2,13.500
9% Debentures 60,000
50,000 25,000
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
5,12,000 5,12,000
5,12,000 s.12,000
Other particulars providedtoyou are :(a)Dividends declared
and paid during the year 17.500
(b) Land was revalued during the
year at 1,50,000 and the Profit on Revaluation
and Loss Account. You are transferred to Profit
required to preparea Cash Flow
Staternent for the ended 31-12-2019.
OR
(b) The financial position of Ram on 1" January 2017 was as
following:

Liabilities O1-01-201731-12-2017 01-01-201731-12-2017

Assets

Creditors 36,000 41,000 Cash 4,000 3,600

Mrs.Ram's Loan
20,000 Debtors 35,000 38,400
Loan from Bank 30,000 25,000 Stock 25,000 22,000
Capital 1,48,000 1,49,000Land 20,000 30,000
Building 50,000 $5,000
Machinery 80,000 86,000
2,14,000 2,35,000 2,14,000 2,35,000
During the year, the proprietor withdrew 26,000 for domestic purpose. The Provision for

Depreciation against Machinery as on 01-01-2017 was 27,000 and on 3|-12-20 17 was

36,000. Prepare Cash Flow Statement.

Warning :Xerox/Photocopying of this book is a CRIMINAL act. Anyone found guilty is LIABLE to face LEGAL proceedings.