Save trees use e-Question Paper DOWNLOAD THIS FREE AT www.viuresource.com CECSS CHENEY ess [| First Semester MBA Degree Examination, July/August 20: Accounting for Managers Go green 20MB: Max. Marks'T00 @ 3 arts) (7 stats) Rs J9,000 , Amount due th were as follows — : f Note: Answer any FIVE full uustions z 1 = Whatdoyou mean by Accounting? 2 | 8, Bopainhe nope oF Account process. J CM Murthy started busine withthe eowings on enary 02 au Cin 3000, Fare Rs 10,000 moun ue fom iE to Sar Re 10,000 and Gods Re 30,00, His ansaty ee fan? ib am Hi i 4] Tan 10 is i ns] i =a He Tent ciate Plant & Machinery by 10%. iw Interest on eapital at 5%. ‘A-summ of RS 8O0 is due for repairs. igclosing tock was vad at Ks 29,00, 1of3 } Jouralise the above transactions. ‘ao mans) 354 2 a Whatis Trial Balance? (03 Marts) at b. Explain Tools and Techniques ff Figg @MYStatement Analysis. e: ©. From the following informa re $tatement of Profit ond Loss forthe yeer ended 2k 31 March 2021 ‘ i 700000 | Wages [7,00,060 ui 24,000} Repairs | 1,000. a 10,000 | Rent 8,000 ui [528,000 [tad debs“ 4.000 # 50,000 | Carriage —| 3,000 : —a8,000 [on & Fuel | 2:000 FE 6,000 | Bank 70,000 at 10,000 | Cash | 10,000 2 720,000 | Stock 40,000. 3 2,10,000 [R/S 5,000. z mufcting ERpeases | 16,000 : fas Expenses 12900, i Adi (0 Marks) BRANCHES | ALL SEMESTERS | NOTES | QUESTON PAPERS | LAB MANUALS A Vturesource Go Green initiativeSave trees use e-Question Paper Go green DOWNLOAD THIS FREE AT www.viuresource.com 20MBA: 3° a. What & Window Dressing? 3M 1. Explain Accounting Conventions in bret (ora sa b sa » 6 3 » ra b ‘The following data given below : Sales Rs 10,50,000 ; Working capital Rs 1.549008 : Fixed Assots Rs 2,10,000 ; Total Assets Rs 325,000 ; Capital Employed Rs 360,000, Caleulate: }) Capital Turnover Ratio ii) Fixed Assets Turmover Ratio iis) Working Capital Turnover Ratio iv) Total Assats Tumover Ratio, bs What is Comparative Statement? (os Marks) Define Management Accounting and explain the objectives of Ma y Ac From the following information, you are required to calculate 1) Contsibution 2) Break even point 3) Margin of Saft 4). Profit 5) Volume of sales to eam profit of Rs 6 Total sales ~ 15,000; No, of units sold ~ 5,000; TorgfWariablegost™ 7,500 Total Fixed cost ~ 4,500. (CoMarts) CCaleulate CA and CL. LF Working eapital is Rs 2,40,009 fi C (0 =2.5. 3 Marks) Explain the classification of variances, (07 Marks) °X" Company had budgeted the following exp ‘Direct variable overheads ‘Selling and Distribution exper i 2 ‘Administrative expenses 5 all levels of producto Towa ic Prepare a budget forthe prod 10.90 wits: co Maras) ‘What is Functional B (3 Maris) Explain the features of dards. (7 Maris) Briefly explain tho met HIBccounting. lo Mares |What is Forensic Btount (03 Maris) mpany incurred the following cost fora Biscuit pack. RS 70,000; Fixed selling overhead cost Rs 20,000, PURSI6 | Variable selling cost PU Rs 4. ii) BEP in sales values if ear. profit of Rs 95,000. (7 marks) ‘sctvities from the following sticulars | 31-3-2020 | 31-3-2021 and Loss AIS | —1,20,000 | 130,000 170,000} — "96,000 Bills Receivable 30,000 | 1,62,000 ‘General Reserves | 3,44,000 | 4,14,000 ‘Wages outstanding | 52,000, 16,000 « Salaries prepaid 16,000 | 20,000 Good vil 40,000 | 1,20,000- aoa) 2063 BRANCHES | ALL SEMESTERS | NOTES | QUESTON PAPERS | LAB MANUALS A Vturesource Go Green initiativeSave trees use e-Question Paper Go green DOWNLOAD THIS FREE AT www.viuresource.com 20MBA\ 8 Prepare a statement of Profits for the year ended 31” March 2021 and Ralance shegh that date from the following Trial Balance’ Pavticulas DiRs [Ce Re = 11,60,000 =| 33,8007 = 1770-000) Purchases 5,00 | = ¢ Purchases elurse =| -2650 Sales = |4,18,000. ‘Sales returns 3000 | = Drawings 45,000 ‘Good wil 80,000, and & Buildings | 60,000 Plant & Machinery | 40,000, Loose tools [3,000 ills Receivable |~3.000y ‘Stock on 1-4-2020 | 40,00t ‘Wares 0 ‘Carriage outwards ° ‘Corriage inwards ‘Coal 0 Salaries [359000 ‘Rent, Rais and 2300 CHAO) [March 2021 was Rs 35,000. and Machinery, Loose tools and Furniture by 10% and Land and Buildings Rs 1,500 for wages. nt prepaid Rs 500. 5) Pro ‘on debtors agaist bad debts and 2% against discount. austen) 3083 BRANCHES | ALL SEMESTERS | NOTES | QUESTON PAPERS | LAB MANUALS A Vturesource Go Green initiative