RS.

25

S.Y.BCOM

SEM-4

(5 YEARS)
[EXTERNAL PAPER SET]
1. MARKETING MANEGMENT

I 2. M.E.

3. E.S.B.M.

4. MANEGMENT ACCOUNT

5. INDIRECT TAX

UNIT BUILDING XEROX CENTRE

MO. 9727109131

9879318993
 8-9
5350 og Exam Seat No.

THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA

SECOND YEAR BACHELOR OF COMMERCE
FOURTH SEMESTER END EXAMINATION - APRIL, 2018.
ELEMENTS OF INDIRECT TAXES (UNDER CBCS) (ACF 1401)
Day & Date: Monday, 23rd April, 2018. Time: 8:00 a.m. to 11:00 a.m.

Max.Marks: 70
Notes:

1. Answers to both sections are to be written in separate answer books.

2. Section- I carries 40 Marks and Section II carries 30 Marks.
3. Question No.1 is compulsory.
4. Use of simple calculator is permitted.

SECTION - I

Marks

Q-1 Answer the following briefly. (2.5 Marks each) 10

(a) Define the term "Goods" under the CGST Act,2017.

(b) What is the time limit for issue of Invoice for supply of goods under the CGST Act, 2017 ?
(c) Explain the term "Inter-state Supply" under the IGST Act, 2017.

(d) Define the term "Goods" under the Customs Act, 1962.

Q-2

(a) Explain the Salient Features of Goods and Services Tax. 10

(b) Explain the need of Introduction of Goods and Services Tax in India. 5

OR

Q-2

(a) Mr.Paresh a manufacturer in Gujarat has supplied goods valued Rs.3.50,000 to Mr. Haresh a 12

dealer in Gujarat. Mr. Haresh supplied the said goods to Mr. Gopal in Madhya Pradesh after

making value addition of 30%. Mr. Gopal further supplied the goods to Mr. Preet of Madhya.

Pradesh after making value addition of 25%. You are required to determine the tax payable by

Mr. Paresh, Mr. Haresh and Mr. Gopal in respect of the said transactions assuming the rate of

GST is 18%. Also determine the amount of revenue earned by Central government, Gujarat

Government and Madhya Pradesh government.

3
(b) Explain the difference between Direct taxes and Indirect taxes.

ELEMENTS OF INDIRECT TAXES (ACE-1401) Page 1

 8-65350

Explain following under the provisions of the CGST Act, 2017. 8

Time of Supply of Goods under forward charge and reverse charge basis.

Time of Supply of Services under forward charge and reverse charge basis.

Explain following under the provisions of the CGST Act, 2017. 7

> Liability to register under GST.

Nature of registration under GST.

>Cancellation of registration under GST.

OR

Mr.Kaushik is manufacturer from Vadodara and his aggregate turnover during the financial 10

year 2016-17 was Rs.1,28,00,000. Mr.Kaushik wants to take registration under composition

scheme of GST in 2017-18. Further, the details of transactions entered by him from 1st July
2017 to 30th September, 2017 are as under:

Sr. No. Transaction

1. Goods worth Rs.10,00,000 purchased (excl. of 12% CGST and SGST) from Harish
Associates at Surat on 18/07/2017.
2.
Goods worth Rs.5,60,000 purchased (incl. of 12%. CGST and SGST) from Pavan
Traders at Surat on 25/08/2017.
3. Goods worth Rs.15,00,000 purchased (excl. of 18% CGST and SGST) from HSN

Enterprises at Vadodara on 10/09/2017.

4. Goods worth Rs.20,00,000 purchased (excl. 18% of IGST) from KK Traders at Pune
on 15/09/2017.

5.
Goods worth Rs.5,00,000 sold to ABC Associates of Anand on 10/08/2017.

S670
6.
7.
Goods worth Rs.25,00,000 sold to Pavan Enterprises of Valsad on 25/08/2017.
Goods worth Rs.20,00,000 sold to Mahesh Traders of Vadodara on 28/08/2017
8. Goods worth Rs. 15,00,000 sold to KK Enterprise of Halol on 12/09/2017
9. Goods worth Rs.5,50,000 sold to Amar Enterprise of Nadiad on 25/09/2017.

Suggest to Mr. Kaushik -

Whether he is eligible to get registered under the composition levy scheme?
If yes, then how much tax he is liable to pay for the quarter ended on
30th September,2017 ?
Also clarify that which form of Return he is required to file under composition scheme?
What are the due dates for payment of tax and filling of return under composition
scheme?

1 ELEMENTS OF INDIRECT TAXES (ACF-1401) Page 2

 8-C
5350
(b) How to determine taxable value of supply when the consideration is not solely in money. 5

SECTION - 11

Q-4

(a) Explain briefly the provisions related with place of supply in respect of services related to 6

Immovable property and Telecommunications.

)
Write a short note on place of supply of goods as per the provisions of IGST Act, 2017. 6

) Write a note on "Zero rated Supply". 3

OR
Q-4

(a)
M/s Aspire Trading Private Limited is registered person under GST. Details of Sales, Purchases, 10

Services availed and expenses incurred by M/s Aspire Trading Private Limited during the month of
August, 2017 is as follows:

Sr. No. Particulars

Amount (Rs)
1
Material sold to M/s Indo Petro Private Ltd. at Ahmedabad 20,00,000
2
Material sold to M/s Maharaj Trading co at Pune 15,00,000

3
Material sold to M/s Parmeet Traders - Proprietorship at Surat 20,00,000

4
Material sold to M/s Laxmidas & Co. - Partnership firm at Anand 8,00,000

5 Material sold to M/s Reclaim Chem Ltd. at Mumbai 7,50,000

6 Material sold to M/s Arpit chemicals Pvt Ltd. at Nagpur 6;50,000

7 Material sold to M/s Hemal Petroproducts Private Limited of Nadiyad 5,00,000

8 Material purchased from M/s Nine-House Ltd at Pune 12,50,000

9 Material purchased from Sure safety Ltd situated in Bharuch 18,00,000

10 Material purchased from BBC Pvt Ltd situated in Halo! 15,00,000

11 Material purchased from M/s SR Traders (Proprietorship) at 32,00,000

Vadodara

I 12 Telephone bill paid for the office 80,000

13 Audit fees paid to M/s & Associates, Chartered Accountants 95,000

Notes:

1) GST rate on material & services is 18%.

II) All the dealers are registered person under GST.
III) Both inward and outward supplies are exclusive of taxes.
IV) All the conditions for availing ITC have been fulfilled.

Find out the GST payable to Central Government as well as State Government for the month of
August, 2017.

›) Write a short note on Input Tax Credit under GST. 5

ELEMENTS OF INDIRECT TAXES (ACF-1401) Page 3

 8.d5350
Q-5 Explain the various types of duties levied under the Customs Law. 15

OR

Q-Compute
5 M/s Century Exim Limited has imported one machine from the UK. the assessable value 15

and Customs duty payable by M/s Century Exim Limited based on following information:

Sr. No. Particulars Amount

1.
FOB value of machine 16,000 UK Pounds
2. Air freight 5,000 UK Pounds
3. 1000 UK Pounds
Design and development charges paid in UK
4.
Commission payable to local agents @ 2% of FOB in Indian
Rupees
5.
Date of Presentation of bill of entry (Rate of Basic customs 24.03.2018

duty is 12% and Exchange rate notified by CBEC is Rs.68 per

UK Pound)
6.
Date of entry inward (Rate of Basic customs duty is 18% and 20.03.2018

Exchange rate notified by CBEC is Rs.70 per UK Pound)

7. IGST payable 18%.
8.
Insurance charges actually paid but details not available.

*********

ELEMENTS OF INDIRECT TAXES (ACF-1401)

Page 4
--9/30 EXAM SEAT NO:
}

THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA

SEMESTER END EXAMINATION
SSBCOM-II (SEMESTER SYSTEM)
MACRO ECONOMIC ISSUES AND POLICIES (2403) C

Day & Date: Wednesday, 25th April 2018 Time: 08:00 AM to 11:00 AM
Note: 1. All questions are compulsory
2. Write answers to the two sections in separate answer books.
3. Figures to the right indicate marks.
4. Maximum marks: 70

SECTION - I
Q.1 A
Explain the concept of value of money and discuss the steps involved in the construction 10

of price index number.

Q.1 B
Explain asset portfolio management. 08

OR
Q.1 A
Given the primary deposits, how change in CRR changes credit creation capacity of
commercial banks.
10

Q.1 B
The problem ofdouble coincidence in barter system is one of the reasons for the 08

evolution of money - Explain.

Q.2
Discuss
a.
the following credit control tools adopted by the central bank.
OMO
17

b. Bank Rate

c. Credit Rationing
d. Moral Suasion
OR
Q.2
What is meant by monetary policy? Discuss the objectives and limitations of monetary 17

policy in the Indian context.

SECTION - II
Q.3 Define inflation and explain the social and economic effects of inflation. 18

OR
Q.3 A
Explain the relationship between inflation and unemployment with the help of short-run 10

Phillips Curve.
Q.3 B Calculate GNP deflator from the information given below and comment on it. 08

YEAR NOMINAL GNP (RS. CR.) REAL GNP (RS. CR.)!

1990-91 470269 208481
1991-92 542691 209621

1992-93 618969 220489

1993-94 719548 233805

1994-95 843394 249903

Q.4 Define public finance and discuss the objectives and limitations of fisca! policy. 17

OR

Q.4 A Explain the classification of public revenue.. 09

Q.4 B Write note on budgetary deficit. 08

 -a.
Exam Seat No...................

5450 THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA

BACHELOR OF COMMERCE
FOURTH SEMESTER END EXAMINATION: April - 2018
(UNDER CBCS SEMESTER SYSTEM)
Day & Date: Tuesday, 24th April, 2018 Time: 8:00 a.m. to 11:00a.m.

MANAGEMENT ACCOUNTING (ACF1402)

Notes: 1. There are TWO sections in this Question Paper. Maximum Marks: 70

2. Answer of BOTH sections are to be written in Separate Answer Book.

3. First question is compulsory having weightage of 10 marks.
4. Use of simple pocket calculator is permitted and Show all necessaryworkings.

SECTION-I

1. Answer the followings: (2.5 Marks each) (10)

A. From the following information of AIR Ltd., calculate Sales to earn profit of Rs.1,00,000:
Break Even Sales Rs. 5,00,000 and Fixed Costs Rs. 2, 00,000.

B. VAYU Ltd. produces 800 units each of its products MI and MJ. The Labour Cost per unit is
Rs.2,000 and Rs.3,000 respectively and the Labour is paid at Rs. 100 per hour. The
overheads incurred during the period amounted to Rs. 18,00,000. The company uses
Traditional Costing and overheads are levied at a rate per labour hour. Determine the
overhead absorption rate.

C. From the following particulars of PAVAN Ltd.,, prepare production budget for the month
of May 2018. It is the policy of the company to maintain 20% of the next month's sales as
closing stock.
Month April May June
1

Estimated Sales (Units) 48,000 50,000

1
54,000

D. From the following information HAVA Ltd., calculate Labour Cost Variance.
Particulars Standard Actual

Weeks 15 16

Numbers of workers 100 110

Weekly Wage Rate Per Worker (Rs.) 480 485

• Answer the followings: (Any THREE) (05Marks each) (15)

A. What is Management Accounting? Explain its features. (Any Four Points).
B. Management Accounting V/s Cost Accounting (Any Five Points).
C. What is Marginal Costing? Explain its features. (Any Four Points).

D. Draw Break Even Chart in your answer book clearly indicating :

(1) Break Even Point (ii) Angle of Incidence (iii) Loss (iv) Variable Costs (v) Fixed Costs.
OR

MANAGEMENT ACCOUNTING (ACF1402) Page 1 of 4

 2+545.
2. Answer the followings: (Marks: A. 09+ B. 06) (15)
A. The management of a Smart Belt Manufacturing Ltd., is thinking whether it should drop
one item from the product line and replace it with another. Given below are present cost
and output data:

Product % of Variable Cost % of sales

Q2 80 70

Q3 20 30

Total fixed cost per year Rs.5,00,000, Total Variable cost for the year Rs.10,00,000 and
Total Sales for the year Rs.18,00,000.
The change under consideration consists in dropping the line of Q3 and adding the line
of Q4. If this change will be made the manufacturer forecasts the following cost and
output data:

Product % of Variable Cost % of sales

Q2 65 60

Q4 35 40

Total fixed cost per year Rs.5,00,000, Total Variable cost for the year Rs.11,50,000 and
Total Sales for the year Rs.20,00,000.

Should this proposal be accepted?

B. DARSH Ltd., manufacture one identical product. The following figures are available for
the two years:
4
Particulars 2016 2017

Sales 6,00,000 7,20,000

Variable Expenses 3,00,000 4,32,000

Profit 1,20,000 48,000

Calculate for both the years: PVR, BEP and MSS.

3. Mr. KRISHNA has started a passenger transport Business namely 'MIHIR Travels.' He
purchased a bus at a cost of Rs. 18,00,000 with estimated life of 10 years. The bus is
running between Vadnagri to Karnavati covering a distance of 110 kilometers each way.
The bus makes three round trips per day carrying on an average 40 passengers in each

trip. The kilometers run per litre are 10. Cost of Fuel is Rs. 64 per litre. Bus runs 55
kilometers per hour on an average. Road Licence Fees Rs.20,520 p.a., Manager's Salary
and Garage Rent Rs. 72,000 p.a., Charge interest @ 9% p.a. on cost of bus and Insurance
premium at 3% p.a.. Tyre and Repairs & Maintenance cost is Rs. 3 per kilometer. Driver's
Salary is Rs. 30 per hour and Conductor's Salary is Rs. 150 per day. Commission to Driver,
Conductor, Agents and Promotion charges assumed to be 6% of the taking and Profit
@ 15% on taking is desired. You are required to calculate total Taking and Operating
cost for the year assuming that bus is running for 300 days a year. (15)

OR

MANAGEMENT ACCOUNTING (ACF1402)

 2-9/5450
3. MAHADEV Ltd., is producing Three types of FANS namely LIG Fans, MIG Fans and HIG Fans.
Company follows Traditional Costing System and charged overheads based on 200% of
Prime Cost. Management of the company requests you to apply Activity Based Costing
System to have idea for accurate cost per unit. For this purpose, on the basis of detail study,
management has identified following budgeted overheads and cost driver volumes:

Cost Pool Budgeted Cost Driver Budgeted

Overhead(Rs.) Volume

Material procurement 15,60,000 No. of orders 780

Quality control 6,40,000 No. of inspections 16,000

Set-up 6,50,000 No. of set-ups .

650

Machinery 22,50,000 No. of machine hours 30,000

Company has produced 1,500 units of one of the product HIG FAN with Material Cost Rs.
450 per unit and Labour Cost Rs. 150 per unit. The usage activities of the said Product are
as follows:

Set-up 250 Inspection 7,500

Machine hours 12,000 Material orders 325

You are required to calculate total cost and cost per unit of Product under Activity Based
Costing System and Traditional Costing System. (15)

SECTION-II

4 Answer the followings: (Marks: A. 13 + B. 02) (15)

A. From the following data, MAHABALI Ltd., forecast the cash position at the end May, June
and July 2018. On 1st May, 2018, it is expected to have Cash and Bank balance of Rs.
18,000.

Months Sales Purchase Wages Marketing Cash

(Rs.) (Rs.) (Rs.) Expenses (Rs.) Expenses (Rs.)

March 2,00,000 1,24,000 20,000 12,000 20,000
April 2,20,000 1,20,000 24,000 30,500 28,000
May 2,50,000 1,50,000 27,000 12,000 30,000
June 2,80,000 1,80,000 28,000 13,900 26,800
July 1,80,000 1,90,000 30,000 14,000 22,000
Additional Information:
!
(1) 20% of Sales are cash and balance realized equally in two subsequent months.
(2) 50% of Purchases are cash and balance on credit. Suppliers are allowing 2% cash
discount on cash purchases and one month credit on credit purchases.
(3) Wages and Marketing Expenses are paid in a month in arrears.
(4) Rent Rs. 15,000 p.m., paid quarterly in advances due in July.
(5) Advance tax Rs. 15,000 due on 15th June which will be paid on the date.
(6) Machinery having book value Rs. 10,000 is to be sold at a loss of Rs.2,000 in the
month of July

B. State advantages of Inter firm comparison (Any Four Points).

OR

MANAGEMENT ACCOUNTING (ACF1402) Page 3 of 4

 d
2″ 5450
4. Answer the followings: (Marks: A. 13 + B. 02) (15)
A. DHYAN Ltd., provides you the following information for the year 2016-17 and 2017-18
relating to production, sales and capacity utilisation:
Particulars 2016-17 2017-18

Used Capacity (in %) 50 60

Production (in units) 1,000 1,200
Direct Costs (Rs.) 11,25,000 13,50,000

Production overheads(Rs.) 11,00,000 12,00,000

Administration overheads (Rs.) 5,10,000 5,10,000

Marketing overheads (Rs.) 2,00,000 2,40,000
Sales (Rs.) 29,50,000 35,40,000

Prepare Flexible Budget for the year 2018-19 for 1,500 units of production at 75%
capacity.

B. State advantages of Uniform Costing System (Any Four Points).

5. Answer the followings: (Marks: A. 13 + B. 02) (15)
A. DEVANSH Ltd., requires you to compute Sales Variances on the basis of Turnover from
the following data.
Budgeted Sales Actual Sales
Toy Brand
Units Price (Rs.) Units Value (Rs.)
Bheem 5,000 200 5,750 10,35,000
Krish 4,000 180 4,850 8,00,250
Raju 6,000 100 5,000 6,00,000

B. Briefly explain steps involved in Target Costing.

OR

5. Answer the followings: (Marks: A. 13 + B. 02] (15)

A. The records of KRISHIV Ltd., indicate the following for the month of March:
Standard Requirement for one unit

Direct Materials Cost (for 15 kgs) Rs. 180 Per Unit

Direct Labour Cost (for 6 hours) Rs. 120 Per Unit

Budgeted Sales for the month Rs. 3,00,000

Month of March Activity: Production and Sales during the month has been 900 units
(Actual Selling Price Rs. 420) with no beginning or ending work in process inventories.
Materials Purchased 14,000 kilograms with total cost of Rs. 1,96,000 whereas Material

Used in Production 13,250 kilograms.

Labour Cost paid Rs. 1,23,200 for 5,600 Hours worked including 115 Hours Idle Time.
Calculate: Material Variances, Labour Variances including Idle Time Variance and Sales
Value Variance.

B. Briefly explain various perspective of Balanced Score Card.

MANAGEMENT ACCOUNTING (ACF1402) Page 4 of 4

 Brain Seat
THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA
S. S. B. Com. ~ IT Exemination.
UFor under CBCS System]
& +

Pine 0800 80 11.00 am

MARKETING MANAGEMENT (cc)

[Subject Code~ CBM 1401]
Maximum Marks: 70
sae annrks' and Section marks'
Use Separate answer book for eabh section. :

Git) All questions are Compulsory.

ECTION : :
:

Write briefnotes.on: (All GOMPUL.SORY and carry equal marks) poy

{a} What s customerisat on? :
=
What is depth ofproduct-mix?
: :
(4) Define retailing.

List cut various Macro-Environmental forces and discuss in detail ANY THREE. {15]
OR
Explain buying decision process by g ving Hlustrations. Ded draw diagram)
+

of Developrient :
:
(15)

Explain the following as a procedure for setting of pricing policy

0bj Selecting Pricing Method

©) Final Price

SECTION -II
»

Discuss the following asa of advertising progrz :

{15}
(2) Setting the objectives.
{b} Developing
Deciding on media and measuring its effectiveness.
OR
Write a detail note.on Design Decision by giving suitable examples.

Explain the unigue features of services and its implications marketing of services. {15]
OR
Discuss in detail by giving suitable supporting facts & figures 'The Rural Consumer' -
asa
one ofthe component ofthe rural marketing environment.
 5.
TE
B.
Exem
MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA
Y. COM.
Seat No.
FOURTH SEMESTER END EXAMINATION OF APRIL - 2018
SUB: ENTREPRENEURSHIP AND SMALL
BUSINESS MANAGEMENT (CBM 1402)
[UNDER CBCS SYSTEM}
Day and Date: Friday, 27" April, 2018 'Time: 08.0 0 A.M. to 11.00 P.M.
Note: 1) Attempt both the sections in Maximum Marks: 70.
Separate answer books.
2) Section ~ I carry 40 marks and Section ~ II
carry 30 Marks.
3) Question- I of Section- I is compulsory.
SECTION «1
Q1. Answer in brief the Following,
[10]
(2) Who is Intrepreneur?
(b) What is Copyright?
(c) Concept of Informat Risk Capital (Ange!
Financing).
(d) What is Penetration Strategy for Growth?

Q-2. Define the term Entrepreneur and discuss the Nature and
Importance of Entrepreneurship. {25}
OR ©

te Short notes on Any Two the following. {15]

(a) Discuss Any six Technical Skiils of entrepreneur.
(b) Bariers to entrepreneurship
(c} Difference between Manager and Entrepreneur.

Q-3. Discuss in brief the creativity process as a prerequisite for innovation. {15)
_ OR.
Q-3. Write Short notes.onAny Two of the following. [15}
(a) Brain Storming method of generating ideas.
(b) Brief note on Patents.
(c) Marketing Segment of Business Plan
SECTION -

Q-4. What is Capital Structure? Discuss the factors determining capitel structure. (25}
OR
Q-4. Write Short notes on Any Two of the following. [15}
(a) Brief note on Internal sources of finance.
(b) Brief note on Venture capital.
(c} Commercial Banks as a source of finance,

Q-5. Enumerate and discuss the Human Resource challenges faced by smai/ and medium enterprises, {15}
OR
Q-5. Write Short notes on Any Two of the following. j35|
(a) Brief note un Franchisee.
(b} What steps an entrepreneur of small and medium enterprises undertake tu handle J haman Rese
problenps,
(¢) Briel nave on Join Venttres,
XXXXXXXXXXXXXXXX
 EXAM SEAT NO!
+

THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA

FOURTH SEMESTER END EXAMINATION
(CBCS)
Day & Date: Monday, 1" Ma 2012 Tine: 8 00 A.M to 11.00 ALM
ECONOMIC
Notes: ]. All questions are compulsory
2. Write answers to the two sections in separate answer books
3. Figures in the bracket Indicate marks
Ch
Maximum Marks: 70
SECTION I ( (40 Marks)
Qi 'a) Given the following data pertaining to the various components of money supply, [10]
calculate reserve and broad money as evolved by RBI since 199].
Components Rs. in Crores
otes in circulation 200023
Deposit of IMF with RBI 5041
Banker's deposit with RBI 1254
ost office savings .45300
Fixed deposit With commercial banks 3400
Certificate of deposit issued by banks 198
Saving Account deposit with commercial banks - 45608
IDB?'s deposit with RBI 176
8B) Functions of Central Bank (Any two)
C) Demand-pull inflation (Only diagram)
D) Types of taxes

Q2 A) Explain how Gurley and Shaw have measured money. {05}

B) ) Based on the itformation given below, find out in which country money has
become cheaper.(Show your workings)
Goods "Weights Price inthe base year Price in the current
(Rs. per Unit) Rs oer Onit
f€ar (KS.
Country- Country -
Country -
Country-~} Country- Country -

h ¥ X Y¥
A 6 9 10 20 30 10
B 5 7 64 12
3 45 220 135 110
D- 2 02 20 id "Os
E i 15 10 5 102
~

Or
Q.2 A} Describe how RBI measures money stock in India
[061
C) Explain the process of multiple credit creation upto five stages. [09]

.Q.3 A) What is meant by monetary policy? {05}

B) Explain how bank rate policy is used to control credit.
£10}
Or
Q. 3 Write short notes on any two of the following.
{15}
A) Regulation of corisumer credit
B) Objectives of monetary policy
: SECTION II (30 Marks) -

Q.4 (A)An increase in the rate of inflation will reduce the level of uncmployment. {05}
Explain the validity of this statement.
(B) What is meant natural rate of unemployment? Qn the basis of the following C10}
information find outthe rate of inflation.
Year 2012 2013 2014 2015 2016 2017
Country A 100 175 180 189 220 225.
Country B 100 Tio 115 120 125 135
Country C 100 105 125 155 122
0r
Q.4 (A) What is meant by inflation? fe
(B) Diagrammatically explain the long run Phinip curve,

Q.5 Write a note on:

2. Limitation of fiscal policy b. Public revenue.
Or.
Q.5 Define fiscal policy. Bring out its role,
 +

Eyam Seat Na...

THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA
BACHELOR OFCOMMERCE
FOURTH SEMESTER END EXAMINATION: April - May 2017
(UNDER CBCS SEMESTER SYSTEM)
Bay & Date: Tuesday, 2"¢ May, 2017 Time: 8:00 a.m. to 11:00 a.m.
MANAGE
Notes: 1. There are sections in this Qu ion Paper. im 70
2. Answer of BOTH sections are to be written in Separate Answer Book.
3. First question is compulsory having weightage of 10 marks,
& Use ofsimple pocket calculator is permitted andl Show all necesary workings

SECTION-! -.

4. Answer the followings: (2.5 Marks each) {40}

:
A. From the following snformation calculate Mrgin of Safeiy Sales (Mss):
Actual Salés Rs. 18, 75,000,
. MM 75% and
Variable Cost Ratio
Fixed Costs Rs. 3, 75,000. s >

B. A passenger vehicle plies between two cities covering a distance of 56 kms. each
way. The vehicle makes two round trips daily. Total_operating cost of vehicle is
Rs: 4.85 per kilometer and hire charges are Rs. 6 per kilometer. Determine the
profit for the year 2017 assuming that vehicte is operated on an average 300 days 5

ina year.

€. From the following particulars, prepare production budget for the year 2017-18
it is the policy of the company to maintain 50% of the next year's sales as closing :
stock. 1

Year
2016-17
2017-18 _12,40,000
2018-19 13,60,000

D. From the following information calculate Idie Time Variance.

Standard Output (Units) 200 Actual 210

Standard Tire (Hrs) 75. ActualTi = (Hrs) 70
Standard Rate Per Unit (Rs.}: 15 ; Actual Rate Per Unit (Rs. 16
Idle Time (Included in Actua! Hrs.) Hours .8

Page lois
 2. Answer the followings: (OSMarks each? {15)
A. Briefly explain Functions of Management Accounting (Any Five Points).
B. Explain the points of distinction between Management Accounting and Financial
Accounting (Any Five Points).
C. What is Marginal Costing? Briefly explain features of Marginal costing (Any Four
Points).
OR

2. Answer the followings: (Marks: A. 10 + B. 05) (15)

A. The following particulars are taken from the records of KRISHNA Ltd. producing two
products MI and YO from a certain common Material, Labour and using the --

Machine.
. Particulars Products
mM. {YO
.
Maximum Production Capacity (units) 1,000 800 .
-Direct Materia] Cost per unit{Rs.30perKg] Rs240. 'Rs.90
Direct Labour Cost per unit { Rs. 20 per hour} Rs.220. 'Rs140
Other Variable Costs per unit . Rs.160 Rs.i20
Setliug Price per unit Rs.820 R&500
[Total Unavoidable Fixed Costs fRs.,10.000
Direct. Material,which is the key factor, is limited to 5,000°Kgs. -You are required to rani
and advise for the best product mix decision and prepare a statement of profitability of
that product mix.
gods

B, KRISHIV Ltd. is presently selling its gods at Rs.80 per unit The marginal cost of the same
is Rs.SO per unit and fixed costs aruunt to Rs.1, 50,000. You are required to calculate PVR
"
and BEP in terms of Sales and units, What will be the selling price per unit. if break even
sales is brought down to 3,750 units?

3. Mr. Swami has started a passenger transport Business

namely 'Cab on Call' which is
operated through Mobile application. He purchased a TATA ZEST car at a cost of Rs.
7,60,000 with estimated life of 2,00,000 kilometers. During the year the mileage run by car
is 30,000 kilometers. The kilometers run per litre are 10. Cost of Fuel is Rs, 65 per litre. Car .

runs 50 kilometers per hour on, an average. Road Licence Fees Rs.4,400 Supervisor's
Salary and Garage Rent Rs. 1,08,000 pa Charge interest @ 9% p.a. on cost of car and
Insurance premium at 2% p.a.. Tyre-and Repairs & Maintenance cost is Rs. 2 per kilometer,
Drivei's Salary is Rs. 125 per hour, Commission and Promotion charges assumed to be
3% of the taking and Profit @ 33% on taking is desired. You are required to catculate
total Taking and Operating cost for the year. (1S)

OR

Page 2 ofA
 a

3. CNTEX Ltd., has produced a batth of

3000 Smart TAB with Material Cost Rs. 32 per unit
and Labour Cost Rs. 56 per unit.
Company follows Traditional Costing System and charged
overheads based on Machine hours.
Management requests you to apply Activ:ty Based
Costing System to have idea for accurate cost per unit. For this purpose, on the basis of
detail study, management identified
foliowing budgeted overheads and budgeted cost
driver volumes:
t Cost Pool
Cost Driver Volume
30,00,000 No. of installation 20,600
Material procurement 7,87.500 375
j
i
Quality contro}, 28,222
.
352.000 WO. 440
Machinery 12,00,500 .No. of mechine hou $,000
Maintenance t
5, 54,950 Maintenance hours 5.045
Fhe usage activities of the said batch are as foliows
Set-u 40 in ectien 2240
Machine hours 650 Materialorders 25
Maintenancehour 1,00 Software installation 3000
You are required ty calculate total cost Of the batch under ActivityBased Costing System
and Traditiona) Costing ystem (£5)
SBCTION-IE

4. Answer the followings: (Marks: A 12 B 03 (45)

A. From the folowiig information prepare Cash Budget from Mary to july:
Months [Sales {Purchases Wages and Salaries Cash Expenses
|

Aprit .{ 1.00,000 60,000 24,000 28,c00 1

May . 1.20,000 [80,000 30,000 24,000

June 1,50,000- 120.000 36,000 21,000
1,10,000
-

40,000 ">
ijuty 1,60,000 , 26,000

1. Cash balance on 1* May Rs.17,0 00.

2. 30% of sales are in cash and balance on credit. Credit sales are collected in the month
following the month of sates i.e. in the next month,
3. Creditors are paid in th. month following the month of purchase ie. in the next
month.
4. Lag in the payments of Wages and Salaries - one Month
S. Taxes Rs. 5,000.is to be paid in July.
6. Interest of Rs. 2.000 is to be received in the month of May and old furniture is to he
sold for Rs. 2,000 in the month of [une.

B. What is Uniform Costing System? State any two advantages of Uniform Costing System.

OR

Page 3 0f 4
 a

Tur
4. Answer the
Z>
followings: (Marks: A, 12 + B. 03) (a5)Ko
A. MANAV Ltd, provides
you the following information for the year 2016-2017 relating to
Production and sale of 10,000 units at 50% capacity utilisation:
Particulars Per unit (Rs.
Direct Materials cost 150
Direct Labour cost "60
Production overheads ( 60 % Fixed 100
Administration overheads (100 % Fixed 40.
Marketing overheads ( Variable 30 if
Selling Price 450
Proposals for the year 2017-2018
1. Production department is of the opinion to-limit to 12,000 units,
production
2. Marketing department is of the opinion that reduction in selling price by Rs. 23
per unit will help to sell 15,000. units with an additional expenses of Rs. 10,000
per month
You are required to prepare Flexible Budget on the basis of proposals for the year 2017-
201 & and give your comment on the same,

B. What is hester firm comparison? State any two- advantages of firm écomparisen
Inter
5. Answer the followings: (Marks: A. 12 +B. 03) (35)

engagedqd i in the manufacturing and sale of Two products VAT and GST. The
¢

"A. Shankara
Sales givés you the following information for the month of April, 2017:
Manager d Sales Actual Sales
Product
Quantity (Kg) Price Quantity (Kg; Price
VAT 11,800 60 42,260. 55
ast @700 .. 9,325 39
Ascertain the Sales Variances on the basis of Turnover.
riou

B. What is Balanced Score Card? Briefly explain perspective of Balanced Score Card.
OR
5. Answer the followings: (Marks: A. 12 + B. 03} (15)

A. The records of Shiva Corporation indicates the following for the month of April :
Standards for one unit Factors Cost per Unit
Direct Materials 8 galions Rs. 120
Direct Labour 5 hours -Rs. 90
Month of April Activity: Production during- the month has been 750 units with no
beginning or ending work in process inventories. Materials Purchased 6,800 gallons with
total cost of Rs. 1,22,400 whereas Material Used in Production 6,250 gallons. Labcur Cost
are required to Calculate:
paid Rs. 78,000 for 3,900 Hours worked. You
Variance c) Material Price Variance
a} Material Cost Variance b) Material Quantity
d) Labour Cost Variance e) LabourTime Variance f) Labour Rate Variance.

B. What is Target Costing? Briefly explain steps involved in Target Costing.

Page 4 of 4
 a

>

0} Sugejal

Exam Seat No.:

THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA
S. Y. B. Com. Examination: Semester TV -

[For Students under CBCS -

Semester System]
Day & Date: Wednesday, 03-05-20) 7 Tinre: 08.00 a.m. to 11.00 a.m
MARKETING MANAGEMENT [CC}
[Subject Code -
CBM 1401]
Maximum Marks:
Notes: (i) Section - F'40 marks' and Section - It 30 marks?
(it) Use Separate answer book for each section.
(iii) All questions are, Compulsory.
i

SECTION - a

Write brief notes on: - (All questions are COMPULSORY and carry equal marks) I10
(a) - List out types of reference groups.
(b) Explain the term Product Mix. . :

(c) Define Publicity.

{d) Define Retailing.

Discuss fi ve-sta ge mode! of buying decision process;

:
2. £15)
OR
2. Explain mn detail major segmentation.'variables of consumer market along with appropriate
examples, 15)

a
short notes on the following : 15)
(a) Market Testing' and 'Commercialisation' as steps of. New Product Developreent
fb} 'Growth' and 'Matunty' stages of Product Life Cycle.
OR
j
3. List-out various steps of setting of pricing policy and discuss in detail Any Four steps. 15}

-oe
SECTION

4 What are the objectives of Advertising? Write a, detail note on 'Deciding on Media and
Measuring effectiveness'. 115)
OR
4, What is Marketing Channel? Explain Channel Design Decision by giving Suitable illustration. [15]
€
5. Why marketing. of services is a speciality? Discuss various unique features of services and its
implication on services. [15]
OR
Write short notes on the folowing: -
(a) Cbyectives of Consumer Protection Act. {05
{b) Retavier Marketing Decision 10}

@HHOHH®
 a

Exam Sea' Na
MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA
S. Y. B. COM. FFOURTH SEMESTER END EXAMINATION OF MAY -2017
SUB: ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT (CBM 1402)
[UNDER CBCS SYSTEM)
Day and Date: Thursday, 4" May, 2017

Note: J) Attempt both the sections in

LSBPie:
Separate answer books.
n
8.00 AM. 10 11.00
Maximus Marks: 70.

2) Section ~ J carry 40 marks and Section - JI carry 30 Marks.

3)-Qucstion- } of Section- fis compulsory.
SECTION I
-0. Answer in brief the Following. (20)
(a) Who is Intrepreneur?
(b) What is Patent?
Who is Business Angels?
(d) Meaning ofForward integration' as. diversifi cation strategies nor
entrepreneurs,
Q-2. Whar is Entrepreneurship? List out and discuss the Barriers toentrepreneurship. {1S]

Q-2, Write Short notes on Any Two of the follwing... {15}

(a) Discuss Any Five Personal Entreprenetirial Skills of entrepreneur.
(b} Nature and importance of entrepreneurship.
_ (e) Functions of Entrepreneur.
Ditferentiate between Creativity and Innovation. List out and discuss.in brief the steps involved iz
Creativity process fas}
OR
: Q-3. Write Short notes on Any Two of the following. [3S]
{a} Management segment as. an element of Business plan.
_

(b} Brief note on Trademarks.

Sources of New Ideas.
SECTION -
Q-4. What is Capita! Structure? Discuss the factors determining capital stnicture 2 [%5]
OR
Q4. Write Short notes on Any Two of the following [45]
a
(2) Internal sources of finance.
(b) Brief note on Venture capital.
(c} Classification of Financia! needs. :

Q-5; List out and discuss the issues related to 'Marketing' function for smalt business {15)
OR
Qs. Write Short notes on Any Twa of the fallowing,
{15}
(a) Advantages of Franchising to the Franchisee.
(b) Talent management issues of Human Resource in smal! business.
(c) Acquisitions (to grow business).
XXXXX XXXXXXXX 33
 » e

e of Exam Seat No. :

THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA
N SEMESTER END {CBCS SYSTEM] EXAMINATION: APRIL -2016
-
{FOR REGULAR & EX-STUDENTS : UNDER CBCS SEMESTER SYSTEM)
Day & Date: Saturday, 46" April, 2016 Time : 8.0 a.m. to 11 00 a.m. :

MANAGEMENT ACCOUNTING (ACF-1402)

Notes: . There are TWO Sections in the Question P
©

Maximum Marks: 70
2. Answers of BOTH the sections are written in the TWO
separate Answer Books.
3. Section - | carries weightage of 40 Marks and Section - carries
weightage of 30 Marks.
4. all necessary working& and-use of simple pocket calculator is permitted
igures given in the brackets to the right side indicate fu Marks.

SECTION -1
1. Short Questions : (All questions are COMPULSORY and carry equal marks) (#0)
d VibhutiLtd. fumished the following information
. Sales (1,60,000 units) Rs.10 pér unit,
Variable Cost Re. 5 per unit.
Fixed Cost : Rs. 2,25,060. .

Compute : i) Variable Cost Ratio. ii) BEP Sales {in units). ff} BEP Sales (in value) it
Selling price per unit falls to Rs. 8 per unit,
i)* A truck starts with @ load of 15 tonnés of goods from station D, It unloads 10: tonnes at .

station K and rest of goods at station-C. Further, the truck reloaded with 7 tonnes of goods
at station C, reaches to station V and unloads the goods. It again. reloaded with 9. tonnes of
. goods at station V & reaches back directly fo-station D. The distance between stations are : .

D to K :.500 kms., K to C : 750 kms., C 350 kms. and V to D : 900 kms.

Prepare a'table showing total tonne kilometers.

Hi) Write five feaiures of Zero Based Budgeting.

iv) The following information refates to.Product Q. Calculate Matesial Cost Variance.
"
Standard Output. Unit 1 Actual Output. Units 100
Standard Quantity Units 10 Actuat Quantity __ __
Units 1,100
Standard Price Per unit. Rs.. 5.60 Actual Price QWBURS8BBSSEBQSSSSESST Rs. 6,050

.2.. Kalam Ltd. engaged in manufacturing three products 'E', 'G' and All the three products are
manufactured from the same direct material and same type of machines and labour.
information is available from the records of the company.

a Product- 'E' Product-'G' Product. '!'

Particulars Per unit (Rs.) Per unit (Rs.) Per unit {Rs.)
1

Selling Price 500 750 800

Raw Material cost (Rs. 100 per kg ) 250 300 400
Direct Labour 100 100 150
Variable Overhead 50 50 50
Total Fixed Overheads Rs.7,00,000
) Comment on the profitability of each product if :
a) Totat sales in value is Simited. b) Raw material is in short supply.
ii) Raw meterial is the key factor and 15,000 Kgs. of material is only available. The
maximum sales potential of products : 'E' ; 2,000 units, 'G' : 2,500 units and 'I' : 1,500 units.
Find the product mix to yield maximum profits. (15)
OR {P.T.0,}
 t

SA
atte
The following details relating fo the product 'X' manufactured by Mohan Enterprise.

Standard Mix Actual Mix

Materials Tatal Quantity Rate per voit
(Rs.} (Rs.} Rs,
21
coe
1,000 15 15.000 1,200 18
1,200 20 24,000 ,1400 24
t
R 1,400 12 16,800 1,900 15 28,50.
Output -50 Units Output- 60 Units
Calculate :
Materiat Cost Variance. il) Material Price Variance. iii) Materia! Quantity Variance.
Iv) Material Mix Variance. v) Material Sub usage Variance (12)
5B Write short note on Balance Score Card: (03)

OR -

The Sales Manager of Kalp manufacturing Ltd. engaged in sale of three producis A,B & C,
fumished the following details.forthemonthofMarch, 2016.

Budgeted Sales "Actual Sales

Product Selling price
Units
erunit (Rs
Units sold Sales Value (Rs.)
A 127.000 50 13,060 7.15,000
8,400 100 10,000 9,5¢,000
c
1

¢
9.600 $80 12,000 ; 9,36,000
Calculate the following Sales Variances on the basis of Turnover :
i) Sales Value Variance. ii) Sales Price Variarice. iit} Sales Volume Variance.
iv) Sale Mix Variance.-v} Sales Revised Votuma Variance. (12)
ss Explain the terms : |) Standard Costing, Ji) Target Costing. fii) idle Time Variance. (03)
 52

EXAM SEAT NO:

HE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA
FOURTH SEMESTER END EXAMINATION
SS Of (CBCS)
fDay & Date: Monday, 18 Apri? 2016 ime: 8.00 to 11.0 A.M
Notes
CIES (Code: BEC 1461}
questions
2. Write answers to the tw
a
Figures lin icat
«
Maximum Marks: 70
SECTION Marks}
0.1 Write a note on:
{15}
A) Gurley and Shaw approach
B) Margin Money
C) Types of inflation
D) Concent of deficit
Q2 A) Explain the steps involved in the construction of PIN.
{06}
B). Ifthe public deposits a sum of Rs. 2/500 Crores in saving accounts in Bank A andfO5]
at the same time Rs_1500 Crores is withdrawn from the
saving accounts from Bank B,
find out the total and derivative deposit created in the
tanking system. Assume the
CRR to be 19%, the SLR to be 6% and interest un fixed deposit to be 18.75% . What
will be the impact credit creation if the SLR is redaed by 5%?
Or
Q.2 A) Explain ho by demand deposit?
in tia! deposit of Rs 500 Crores eads to the creation of a total
{06)
B) deposit of {09)
Rs, 5000 Crores, find out the deposit multiplier and the derivative
Gcposit created.
3 A) Bring out the difference between quantitative weapons and selective weapons 06}
3) Explain the scope of monetary policy e country like India,
* {09?
Or
Q. 3 Describe OMO and morai sausion as a means of regulating credit creation.
115}

SECTION It (30 Marks}

.-

Q.4 (A)There is ao relationship between the rate of inflation and unempioyment rate
{06]
Explain the validity of this statement.
(B) What is meant by GNP deflator? Or the basis of the following information find out [097
the rate of inflation.
' Year 1990 (base Year) 2012 2013 2014 2015
CounryA 100 185 19} 20! 250 :

Country B 100 260 100 550 605°

Or
Q.4 (A) Describe the concept of demand pul} inflation [06} :

(B) Diagrammatically explain he Jong rin Phillip curve. [09]

Q.5 Write a aoic on:

a Objectives of fics i! soticy b. Classification of tax.
5}
Or
Q.5 Define public finance Discuss the limitatien of fisca] poticy. [t5]
 0 EXAM SEAT NG:
¢
THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA
FOURTH SEMESTER END NATION
SECOND YEAR B.COM (CBCS)
Day & Date: Thursday, 7" May 2015 Time: 8.00 A.M to 11.0AM
MACRO ECONOMIC ISSUES AND.POLICIES (Code: BEC 1401)
Notes: 1. Al! questions are
compu'sary
2. Write answers to the two sections n.
separate answer books
3. Figures in indicate maths
Maximum Marks: 70
SECTION I (40 Marks}
Q.1 A)Given the following data-pertaining to the various components of money supply, [10]
calculate hi wer money stock and M2 as evolved by RB!
Components Rs. in Crores
Notes in circulation 1,00,230=00
Coins with public 5040=00
Cash with entities other than the 25002=00
banking system
Post office savings 1530=00
Fixed deposit with commercia] bank 1350=00
Cash reserves with commercial banks 6350=00
Saving Account deposit with commercial banks 33=00
Other deposits with RB] 226=00
B) Rate of inflation can be measured with help GNP deflator. Explain.
C) What meant by public finance?
D)Explain legal ratios as an instrument of credit control.
Q2 A) Explain how the stock of money supply.can be measured [06}
B) ) If the public deposits a sum of Rs. 1500 Crores and Rs. 500 Crores in the saving [09]
and current accounts respectively of a commercial bank, find out the total and derivative
depesit created. Assume the CRR to be 16%, the SLR to be 4% and interest
on fixed deposit to be 8.75%
Or
Q.2 A) Defirie money? Explain the concept of price index number brief 06]
C) Suppose the reserves with the central bank is Rs. 44000, total demand deposit [09}
is Rs. 220000, calculate the new reserve ratio ifthe volume of reserves is reduced
by Rs. 4000 and the volume of the demand. deposits is increased by Rs. 80006.
Q.3 A) Bring out the differences between margin requirement and moral suasion. [06]
B) Explain the role of monetary policy a country like India [091
Or
Q. 3 Describe OMO and Bank rate policy as a means of regulating credit availability {15}
SECTION -
Marks)
Q.4 (A) Greater the rate of inflation lower will be the unemployment rate Explain [G6]
(B) Given the following information find out the rate of inflation in terms of PIN [09}
Year 1990 (base Year)
] 201! 2013 2014
Nominal GNP Rs. 14000 Rs.16870 Rs. 28710 Rs. 36413 Rs. 49500
Real GNP Rs. 14000 |
Rs.12050 | Rs.13050 | Rs.14005 PRs.16500_
Or
Q.4 (A) Describe the concept of cost push inflation or Explain the concept of NARRU
[06]
(B) {1 is not necessary that when price changes there will be a change in {09}
unemployment rate also. Examine this staiemen!
Q> Write a por un <a

gt py a a basy! hn

{>-
Q.5 Deting public finance. Discuss the abjestives of fisca poben
 Exams seat No.
MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA
- 2015
Y. B. COM. FOURTH SEMESTER END EXAMINATION OF APRIL/MAY
*
SUB: ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT (CBM 1402)
25900 [UNDER CBCS SYSTEM 1

Day and Date: 09" May, 2015 Time: 8.00 A.M. to 11.00 A.M.
Maximum Marks: 70.
Note 1) Atteinpt both the sections in
Separate answer books.
2) Section carry 40 marks and Section If carry 30 Marks
-

3) Questiane 1 of Section [ ig compulsory

SECTION - 1
Q-1. Answer in brief the Following. 20)
(a) Meaning of Achievement Orientatidh of Entrepreneur
(b) What is Patent? 1

(c) Who is Enthusiastic Angel investor? :

(da) Meaning of Franchising.
Q-2. Who is an entrepreneur? Discuss the nature and importance'of Entrepreneurship, [15]
-
O
Write Short notes on Any Two of the followi
2.
{tS}
(a) Discuss Any Five Characteristics ofentrepreneur.
b) Brief Note on Role of Entrepreneurship 'ia economic development.
{e) Discuss Any Two Skills of Entrepreneur.
Q-3. What is Business Plan? List out the elements of.Business Plan and discuss 'Business Descript ion"
and "Marketing Segment of? business plan {t5}
OR é

Q-3. Write Skort notes on Any Two of the following. e [35]

(a) Benefits of Busines plan.
&) Brief note on Copyrights.
(c) Sources of New Td
. SECTION = W
Q-4. What is Capital Structure? Discuss in brief factors determining capital structure {1S}
OR
Q-4, Write Short notes on Any Two of the following. _ (tS
(a} Sources of short term finance.
(b) Types of Angel investors.
(c) Brief note on Internal and External sources of finance.

Q-5. List out and discuss the issues related to "Marketing" function for smalt business. 15}
OR
Q-5. Write Short notes on Any.Two of the following. j1S}
(a) Talent Attraction''and Retention issue of small business for managing Human Resources.
(b) Market Development Strategy as growth strategy for entrepreneur.
(c) Joint Ventures (to grow business),
XXXXXXXXXXXXXXXXA
 Exam Seat No.........
THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA
BACHELOR OF COMMERCE
6° FOURTH SEMESTER END EXAMINATION: MAY 2015
(UNDER CBCS SEMESTER SYSTEM)
Day & Date: Wednesd ay, 13% Time: 8:00 a.m. to 11:00 a.m,
May, 2015

MANAGEMENT ACCOUNTING (ACF1402)

Notes: 1. There are TWO sections in this
Question Paper, Maximum Marks: 70
2. Answer of BOTH sections are to be w-itten in Separate Answer Book.
3. First question is com
pulsory having of 10 marks
4. Use of simple pocket calculator is weightage
permitted and Show all necessary workings.

SECTION-I
1. Answer the
followings: (2.5 Marks each) (10)
A. From the following information of VAYU
Ltd., calculate Break Even Sales in value.
Actual Sales é
Rs. 10,00,000
é

P/V ratio 20%

Margin of safety(MSS) bewoen 25%
B. A passenger vehicle plies between two cities
covering a-distance of 110 kms. each
way. The vehicle makes three round trips -daily carrying, on an 50
average
passengers. Normal percentage of the Vehicle laid up for repair is 10%.
that the vehicle is operated 25 days a month, determine the total Assuming
kilometers per month. passenger

C. From the following particulars, prepare production

budget for the month of June,
2615. It is the policy of the company to maintain 50% of the month's sales
as
opening stock
Month Estimated Sales(Units)
May 2015 bone
2,009,000
June 2015 ;
2,40,000
July 2015 'woos -1,60,000

D. From the following information calculate Labour Cost Variance.

Standard Output Units 100 Actual Output Units 120
Standard Time 60Hrs. Actual Time 70Hrs
Standard Rate Per Unit Rs.12 Actual Rate Per Hr.
|

Rs. 22

Page 1of4
 t

2. Answer the followings: (Marks: A. 07 + B, 08) = (15)

3
A. Briefly explain Scope of ManaBement
Accounting (Any Seven Points)
B. Explain the points of distinction between
1. Management Accounting and Financial Accounting (Any Five Points)
EI. Absorption Costing and Marginal Costing (Any Three Points)
OR
2. The following information is available from the cost
records of RAM Ltd.:
Particulars Model TB
-
Model GB
-

Selling Price er unit (Rs. 6,000 4,000

Direct Material er unit {Rs 1,500 1,000
Direct Labour Cost per unit (Rs.) 1,200 800
Variable overheads per unit is 150% of Direct Wages. :

Total Fixed Overheads Rs. 9,00,000.

The Directors wish to adopt any one of the following Sales Mixes in the budget for
the next period:
a. 500 units of TB and 500 units of GB
b. 800 units of TB and 200 wnits of GB'
c. 300 units of TB and 700 units of GB
Prepare a statement showing variable cost and contribution per unit for both the
Models. Also state which of the alternative sales mixes you would recommend to
the management for maximization of profit. Support your recommendation with
necessary working. (15)
3. PAVAN Transport Ltd. owns a truck of 10 tonnes capacity. The truck carries goods
from Vadodara to Ahmedabad and back covering a distance of 110 Kms. on each
way. While going to Ahmedabad, freight is available to the extent of full capacity, on
return 80% of the capacity. The truck runs on an average 25. days in a morth and
makes only one round trip in a day. Other details related to the truck are:

General supervision charges and Taxes Rs.14,100 per month

Repairs and Maintenance
- Rs, 40,000 per month
Cost of Truck Rs. 20,80,000 and Scrap Value Rs.2, 80,000 (Estimated Life 5 years
Lubricant Oi1 and Grease Rs.2,000 per 1100 Kilometers
Diesel Consumption One litre for 5 Kilometers and Diesel Price Rs.60 per litre
Cleaner's Salary Rs. 5,500 per month and Driver's Salary Rs. 11,000 per month

Insurance p.a. @ 6% of cost of truck . Tyre cost Rs. 11,000 per month Calculate tota!
uperating cost per month, per tonne-kilometer and Freight per Tonne Kilometer te
-

be charged. if the rate of profit is 20% on freight to be earned. {15}

OR
Page 2 of &
 a

3. The bud ted overheads and cost driver

volumes of SHIVA Ltd. are as follows:
Cost Pool Budgeted
Budgeted Cost Driver
Overhead (Rs,) Volume
a Material procurement No. ov orders 1,300
Material handling 160
3,20,000 No, of movements
Set-up 4,20,000 No. of set-ups
[Maintenance tMaintenance hours
Quality control 1,80,000 No. of inspections 800
Machine [600,000 No. of machine hours 25,000
The company has produced 1 batch of 8000 units of
a
product, its Material Cost Rs. 8
per unit and Labour Cost Rs. 12 per unit. The usage activities of the said batch were
as follows:
Materialorders 25 Set-up 20 Machine hours 2,000
'
Maintenance hours 750 Inspection 30 Material movem ents 30
Calculate cost driver rates that are used for tracing
appropriate amount of
overheads to the batch and also ascertain the cost of batch of
components using
ABC.
(15)
SECTION-i!

YERA Ltd., provides you the following information relating to produc

tion of 10,000
ae

units at50% capacity utilisation:

Particulars
Direct Materials cost
_
Per unit (Rs,
120
Direct Labour cost 50
Direct Expenses 10
Production overheads ( 60 % Fixed} 100
Administration overheads 80% Fixed 150
Marketing overheads ( Rs. 20 Variable) 60
Current selling price is Rs. 520 per unit, it will decrease
by 5% for sales above
15,000 units. Variable production overheads will decrease
by 20% for production
above 15,000. Prepare a flexible budget and find out the total cost and
profit, if
company wants to produce and sell (a) 10,000 units (b) 12,000 Units and (c) 16,000
Units,
(15)
OR

Answer the followings: (Marks: A. 03 + B. 07 + C. 05)

(15)
A. State
disadvantages of Zero Based Budgeting. (Any Three Points}
B. State advantages and disadvantages of Inter firns comparison.
©
Explain Uniform Costing along with its advantages. (Any Four Points)

Page 3 of 4
 e
4

SA. The following information {s available from the cost recor of PAT Ltd, for
the month of April 2015: o

d Material purchased 28,000 Kgs Rs 1,40,000

Material consumed 25,000
Actual Wages paid for 4,000 hours Rs. 24,000
|
Units produced 2000 units
Standard rats and quantity are:
Direct Material is Rs. 6.00 per Kg, Standard Input is 12 Kgs. for one unit.
Direct Labour Rate is Rs. 700 per hour, Standard
requirement is 1.5 hours per unit.
Yon are required to Calculate: (10)
a) Material Cost Variance -

b)} Material Price Variance

c) Material Quantity Variance d} Labour Cost Variance
e) Labour Rate Variance f) Labour Time Variance.

SB: What is Target Costing? What are. the steps involved in Target Costing
-
approach? (05)
OR

SA.The Sales Manager of a company engaged in the manufacture and sale of Two
products AB and AC gives you the following information for the month of
April, 2015:
Products Budgted TActual
Units Selling price Units Selling price
-

AB
per
15
unit {Rs. 2 per unit (Rs.)
3,000 2,750 18-

AC 2,000 10. 2,650 9

Ascertain the Sales Variances on the basis of Turnover. (11)
:

SB. What are the perspectives of Balanced Score Card? (04)

XXXXXXXX

rage 4or4
 +

Exam Seat No-

THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA
S. Y. B. Com. Examination: Semester IV -

{For Students under CBCS -

Semester System]
Day & Date: Friday, 15-05-20]5 Time: 08.00 a.m. to 11.00a.m.

MARKETING MANAGEMENT [CC]

[Subject Code -
CBM 1401}
Maximum Marks: 70
Notes: (i) Section ~ ! '40 marks? and Section [1 '30 marks'-

Gi) Use Separate answer book for each section.

(tz? All questions are Compulsory.

SECTION -
IT

Write brief notes on: (All questions are COMPULSORY and carry equal marks)
-
[10]
(a) List out the five stages of consumer buying process.
tb) What is the difference between product length and product depth?
{c) Expiain Catalog Marketing
(d) Who is Consumer as per Consumer Protection Act, 1986?
4
Exniain in detail the factors influencing Consumer Behaviour. [181
OR
List out the various Macro-Environmental Variables and discuss in detail Any Three.
I

"rite short notes on the following: -

uj Selecting as ene of he step of procedure for setti: o of pricing

(b} Determining demand as one the step of procedure for setting of pricing policy
OR
2 Discuss in detail the steps of New Product Dexvelopment, with suitable examples. 15]

SECTION -
IT

4 Discuss the process of channel design decision with appropriate illustrations.

{15}
OR
4 Write short notes on:
(a) Setting the advertising objectives
(b) Advertising budget
(2) Developing advertising campaign
(d) Advertising effectiveness

Do vou think marketing of services is very special? Justify? Explain in dewail

implications of the
unique fvatures of services an marketing.
[tS}
OR
Do you think pow a day itis very Impotant to understand rural Market? Whv «Discus,
in detaii
: : : :
iW
nw

thd gp akg
*

Exam Seat No,

%

THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA

S. Y. B.COM- SEMESTERV
[CBCS].SYSTEM EXAMINATION : MAY 2044
[FOR REGULAR STUDENTS: CBCS- SEMESTER SYSTEM]
FOR STUDENTS ADMITTED IN THE ACADEMIC YEAR 2012-2013)
Day & Date Monday, 05 May, 2014 Time: 8-00a.m to 11-00a.m
MANAGEMENT ACCOUNTING (ACF-1402)
NOTES: Maximum Marks: 70
1 There are TWO Sections in this Question
2 Answers of BOTH the Sections ar to be Paper
written in the TWO Separate Answer Books
3.
ge of 40 MARKS and Section-It carries weightage of 30 MARKS.
4. Show all necessary w kings and use of
5. simple pocket calculator is permitted
Figures given in the biacket on the right side indicate full marks

SECTION: |

1, Short Questions: (All questions are

compulsory and carry equal marks) {10} :

(A) The following information pertains to Pluto Ltd.: :

Actual Sales: Rs. 20,00,000, The PVR 40% and MSS 60%.
Calculate: (i) MSS (Amount) (i) BEP (Sales in Rupees) (iii) Fixed Cost

(B) A goods transport company furnishes the followina detaJs in respect of a 15 Tonnes
capacity lorry:
A lorry carries goods to and from the city covering a distance of 120 kms. each
way On
onward trip freight is available2 canacit return trip freight
available ly up to the extent of 40% of the capacity (ie 6tonn
Lorry runs on an
average, 3 round trips a day and 30 days a month
From the above information compute the total Tonne--Kilometers
per month.

(c) From the foliowing particulars, prepare Production Budget for two months -
(June and
July 2014):
Month June 2014 July 2014
August 2014
Estimated Sales (Units) . 21,600
;
31,20024,400
Finished units equai to 25% of the sales of the next month will be in stock at the end of
every month. On 1* June, 2014, 5,400 units were in stock.

(D} From the following information calculate: Labour Cost Variance

Standard Output 2,000 Units Actual Output 2,400 Units

Standard Time 100 Hours Actual Time 80 Hours
Standard Rate Per Unit Rate
 ¢
2. From the foltowinQ particulars, find the most profitable product mix and (15;
tatement of profitability of that product mix:
Particulars Product Product Product
A B c
Units budgeted to be produced and sold 5430 $000 3,00
Selling price per unit Rs.180 Rs.165 Rs, 1 50
Requirement per unit
Direct Material 5Kg 3Kg 4kg
3Hrs 2 Hrs
Direct Labour
Rs. 21 Rs.24
Variable Overheads t
Rs.30 .Rs.30 Rs.30
Fixed Overheads
of Rs.12 Rs.12 Rs.12
Cost Direct Materials per Kg
Rs.6
Direct Labour Hour Rate per Hour Rs.6 Rs.6
15,000 4,500
Maximum Possible Units of Sales 12,000.

Al1the three products are produced from the same direct material using the same type
of machines and Jabour. Direct labour, which is the key factor, is limited to 55,800
hours.
OR
information. [04]
2. (A) Acompany manufacturing Product 'X' has furnished you with the following
Sales Rs. 15,000
Direct Materials Rs. 6,000
Direct Labour Rs. 2,000
Other Variable Overheads Rs. 2,000
Fixed Overheads Rs. 3,000
In order to increase its sales by Rs. 5,000, the concern proposes to introduce Product
*Y', and estimates the costs in connection. therewith as follows :
Direct Materials Rs. ,2000
Direct Labour Rs. 1,600
Other Variable Cverheads: Rs. 1,000
t
Advice whether Product 'Y' will be profitable or not?
he (B) A company sells its product at Rs.60 per unit Produces and sells 8,000 [05]
t
units, it incurs a loss of Rs.20 per unit. If the volu e is raised to 20,000 units it earns a
profit of Rs.46 per unit. Calculate: (i) BEP (Sales in Rupees) and (ii) BEP(units)

2. (C) What is Management Accounting? Discuss the scope of Management Accounting.

[06]
3. (A) A company manufacturing two products furnishes the following data for a year
[12]
Product Annual Tota! TotalNumber Total Machine
Output(units) number of of purchase hours
set-ups orders
1,000
10,000 60 160 20,000
The annual overheads are as under:
Set-up related costs Rs. 2,10,000
Purchase related costs............ Rs. 1,20,000
' Volume related
activity costs .. Rs, 1,10,000
You are required to calculate the cost per unit of each product P and Q based on:
(a)Traditional method of charging overheads (b) Activity based costing method
3.(B) State the advantages of Activity Based Costing. [03]

Page 2
 C
'OR
a

Manish has two vehicles A and B. The cost of vehicles is Rs. 5,00,000 and [15}
Rs. 3,00,000 vespectively. The estimated life of the vehicles is 1,00,000 Kilometers
Vehicle 4 and 75,000 kitometers of Vehicle B.
NR
During the year: the distance covered by Vehicle A is 15,000 kilometers and Vehicle B
Is 6,000 kilometers. The kilometers run.
per litre are 12 in case of Vehicle A and 10 in
case of Vehicle B

From the following additional information, Calculate the Cost of Running per
Kilometer for Vehicle A.and B,

Particulars Vehicle-A Vehicle-B

(Rs.} (Rs.)
Road Licence Fees p.a 15,000 13,200
Supervisor's Salary pa : 3,6000 24,000
Garage Rent p.a : 32,000 11,000
Insurance premium p.a 17,000 7,000
Interest @ 10% on cost of the vehicles :

Repairs and Maintenance per kilometer 3.00 4.00

Cost of fuel per fitre 60 60
Tyre cost per Kilometer 1.00 0.80
Driver's Salary per hour 40 40°

Charge interest @ 10% an cost of vehicles.

:
Vehicles un 40 kilometer per hour on an
°

average, ;

SECTION:
pense
4. {A} The expenses budgeted for production of tor 000 units in a factory are furnished below: [12]
¢

Particulars Rs. per unit

Direct Material 210
Direct Labour 75
Direct Expense 15
Preduction Overheads (100% variable) 60
Administration Overheads {Rs. 4,50,000) 45
Selling Overheads (10% fixed) 40
Distribution Overheads (20% fixed) 20
Total Cost 465

Prepare a flexible budget for the production of (i) 5,000 units (ii) 8,000 units and
(ii} 10,000 units. Assume that administration expenses are rigid for all levels of
production.

4.(B) Write a short note on: Inier-firm comparison. [03]

OR
4 {A} Whatis Uniform Costing? State its advantages and disadvantages a3]
4.(B) Whatis Zero basec budgeting? What are the advantages of Zero based budgeting? (06)

Page
1
 6. (A) From the following information t

[12]
calculate:
(a)Material Coat y arlance
(b) Material Price variance (c) Material Quantity
Variance
&
(d) Material Mix Variance (e) Material Sub Usage Variance
~T Standard Mix Actual Mix
Materials Rate per Total
Guantiy Rate per Total Quantity
(unite) unit (Re.) (Units) unit (Rs.) (R 8,)
A 1,200 ,280 34 43,520
1,600" 40 64,000 1,90 38 72,200

Output = 30 Units Qutput -

27 Units

5.(B) Write a short note on: Target

Costing [03]

OR
5.(A) The Sales Manager of a company engaged In the manufacture and sale of [11]
three products 'X', 'Y' and 'Z gives you the following information for the month of
Ly

April 2014:
,

You are required to calculate the following Sales Variances based on Turnover:
(i) Sales Value Varlance (II) Sales Price Variance (Iii) Sales Volume Variance
(iv) Sales Mix Variance (v) Sales Revised Volume Variance
Budgeted Sales Actual Sales
Product Units Seiling Price Per Product Units Sold Selling: Price Per
Unit (Rs.) Unit (Rs )
x _
25,000 5.00 30,000 6.00
Y 20,00 5.00
7,00
_[ 7 20,000
§. (B) Write a short note on : Balanced Score Card
(04)
 Exam Seat No
THE MAHARAJA SAYAJIRAO OF BARODA
Bachelor of Commerce
Fourth Semester End Examination - 2014
N

Day & Date: Tuesday 6" May 2014 Time: 8:00 a.m. to 11:00 a.m
¥
MACRO ECONOMIC ISSUES AND POLICIES (BEC-1401) (CBCS)
Notes: 1. All questions are
compulsory
2. Write answers to the two sections in
separate answer books
3. Figures in the bracket indicate marks
Maximum Marks: 70.
SECTION I (40 Marks)
Q.1 State and explain whether the following statement are true or false (10)
A) The power of the commercial bank to create credit is limited.
B) The sacrifice ratio measures the trade off between unemployment and inflation.
C) The Phillips can be a vertical straight.
Q.2 A) Explain how simple price index number is different from weighted price index
number with the help of a suitable example. (07)
B) Discus the RBI approaches of measuring money stock. (08)
Or
Given the following data pertaining to the various
components of money supply,
calculate the measure of money stock (M1) as evolved by RBI.

Components Rs. in Crores

Currency with public:
Notes in circulation 1,55,230=00
Rupee coins 1780=00
Cash in band 591=00
Deposit money of the public:
Demand deposit 4580=00
Time deposit 8730=00
Other deposit with RBI 1520=60
Post office deposit:
Post office savings deposit 786=00
Other deposit 1499=00
Or
Q.2 A) What is meant by money?
(04)
B) Explain the concept of high powered money-* (05)
C) Suppose the reserves with the central bank is Rs. 4000, total demand deposit is (06)
Rs. 20000 and reserve requirement is 20%, catculate the new reserve ratio if the
the volume of reserves is reduced by Rs. 500 and the volume of the demand
deposits is increased by Rs. 2000.
Q.3 Monetary policy plays a vital role in achieving various macroeconomic objectives.
(15)
Discuss
Or

Q. 3 Discuss selective weapons asa means of regulating credit availability. (15)

SECTION --II
Q.4 Explain what is meant by inflation. How is it possible tu measure
inflation? Discuss
the effects of inflation.
Or (1S)
Q.4 Describe the causes of inflation.
is)
Q.5 Write a note on;
a. Types of public expenditure b. Classification of taxes
(15)
Or
Q.5 Write 2 note on any bvo of the following:
a, Objectives of fiscal policy b. Seope of fiscal policy c. Public revenue
(15)
 1
.

No.: .. Exam Seat

THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA
S. Y. B. Com. Examination: Semester IV -

(For Regular Students: CBCS- Semester System}

Day & Date: Wednesday, 7" May.2014 Time: 8.00 a.m. to 11.00 a.m.

MARKETING MANAGEMENT [CC]

[Subject Code - CBM 1401}
Maximum Marks: 70
Notes: (i) Section - I '40 marks' and Section -
I
'30 marks'
Use Separate answer book for each section
Gi). :
Gia} AN questions are Compulsory

SECTION - I
Write brief an: (All questions are COMPULSORY and cary equal marks)
-
[10}
(a) Social Class
(b) English and Dutch auction pneing
(c} Public Relation
(d} Whoisa consumer?

2. {a} Briefly explain psychographic and behavioural variables that can be used as a bases
for segmenting consumer market
(10)
{b} Explain the following concepts: - Segmentation, Targeting and Positioning. [O5}
OR
Discuss factors influencing consumer behaviour with suitable examples.
f1$]
3 "Products have limited life". Do you-agree with the statement? Justify. Explain various
stages of
product life cycle with necesary diagram. { 5}
OR
Write a note on New Product Development process.
{15} .

SECTION -
-
I
4, Explain in detail the five M's ofAdvertising. {18}
OR
-

Discuss steps involved in Channel-Design Decision giving appropriate examples. [15)

5. Write short notes on: -
Discuss the major objectives of "The Consumer Protection Act. 1986" (0S|
fb) "The Rural Consumer' as a one of the component of Rural Marketing Environment. (10)
-
OR
Siscuse n detail the implications of unique feawures Of services with regards to marketing ef
*
Services. {15}

Hia
 Exam Seat No
ae
t

THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA

S.Y.B.Com. IV Semester End Examination-2014
(Under CBCS. System)
&
Day Date : Thursday, 8" May 2014 Time : 8:00 a.m. to 11:00 am.

Entrepreneurship & Small Business Management (CBM 1402)

Note : (i) Answer to both the sections must be written in separate answer books.
(ii) Figures to the right in brackets indicate marks.
(ill) Question No.1 is compulsory.
(iv) Section-I carries 40 Marks & Section-II carries 30 Marks.
Maximum Marks : 70
SECTION -I
Give only meanings of the following: [10]
a) Entrepreneur & Entrepreneurship.
b) Creativity.& Innovation.
c) Debt & Equity Financing.
d) Acqiisitions & Mergers.

Enlist various skills and characteristics that a successful entrepreneur should {1s}
Possess. Describe some of the major characteristics.

OR
2 Discuss the following: [15]
a) Role of entrepreneurship in economic development.
b) Barriers to entrepreneurship.

3 Explain the sources of new Idea. Enlist the methods of generating Ideas and discuss [15]
any one of them.
OR
3. What is a business plan? Give an cutline of the elements of a business plan.
{15}

SECTION -

4 Explain informal risk capital and discuss the types of Angel Investors. {15}
OR
4. Whites notes on:
{ts]
a) Internal and Extemal Sources of Finance.
b) Venture Capital.

§ Discuss various growth strategies based upon knowledge of product and market . {13}
OR
5. Explain the following. {151
a) Factors in Joint Venture Success.
b) Succession of business