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Bba3 Semester Bba-303: Cost Accounting: (2) Attempt Any One Question From Each Unit in Section B

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Roll No.

_____________ bba-303
Total No of pg : 2
b b a 3rd semester
bba-303 : cost accounting
May-2014
paper ID:C1166
Time Allowed : 3 Hours Maximum Marks : 60

Note : (1) Section A is compulsory.

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(2) Attempt any one Question from each unit in Section B.

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er SECTION-A
Q.1 (a) Define financial Accounting (b) define onerhead
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(c) Define budget (d) production budget

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(e) centibution (f) material control
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(g) labour control (h) cash flow statements
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(i) margin of safety (j) plv ratio
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SECTION-B
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UNIT I
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Q.2 Distrguish between financial accounting and cost Accounting.


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Q.3 Raw material conserved j 15000
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Direct labour charges j 9000


machine hours worked 900
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Machine hour rate j5


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Administrative overheads 20-1 of works wst sellry over heads j 50 per unit
Units produced 17100
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Units sold 16000 atj 4 per unit


You are relived to prepare a cost sheet from above, slowing
(a) the cost of production per unit
(b) profit per unit sold and profit for the Reviod.

UNIT II

Q.4 What are the important areas of management decisions opened up by application of marginal
costing techinique?
Explain.
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Q.5 Calculate direct labour hour rate from the following:
Total No of workers 100: working days in a year 300: No of hours per day worked short and
Idle time 5% : fourty overheads j 11400 Gift to werkers j 1000.

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UNIT III

Q.6 Define budget and budgeting centrol, state the salient features of budgeting control.
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Q.7 Data relating to a job are this :
Standard rats of wages per hour j 10
Actual rate of wages per hour j 12
Standard hours 300
Actual hours 200

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You are required to calculate :-
(i) Labour cost Variance (ii) Lobour rate Variance
(iii) Labour efficiency Variance.

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UNIT IV
Q.8
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Define cash flow statement What are its uses :
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Q.9 Given :-

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Current ratio 2.5
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riquid ratio 1.5


working capital j 60000

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calculate

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(a) current liabilities (b) current assits
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(c) liquid assits (d) stock.


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