b.com. cost accounting june, 2009. third year

8/14/2019 b.com. Cost Accounting June, 2009. Third Year

1/8

wk 9

B.Com. DEGREE EXAMINATION

JUNE, 2009.

(AY 2003-04 & CY 2004 batches only)

Third Year

COST ACCOUNTING

Time : 3 hours Maximum marks : 75

PART A (3 5 = 15 marks)

Answer any THREE questions.

1. What is cost Accounting? Give its meaning.

A hU P P n U Q G G ? A u

u P .

2. What are the elements of Cost?

A hU P U T P ?

3. Write the importance of Break-Even analysis.

& | m h U Q z x G x P .

4. From the following prepare a cost sheet :

UG709 BCO7


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wk 9

Rs.

Direct materials 50,000

Direct wages 15,000

Factory expenses 5,000

Office expenses 1,000

Selling expenses 500

R U P s h x ,A hU P z u u U P

| i m P 5 0 ,0 0 0

| i E U T 1 5 ,0 0 0

B a \ P 5 ,0 0 0

A P a \ P 1 ,0 0 0

a \ P 5 0 0

5. Calculate Break-even sales and profit volume ratio

from the following :

Rs.

Sales 10,00,000

Variable 4,00,000

Fixed cost 4,00,000

R U P q [ P x & | m h

[ P Q u P n U Q k P :

UG7092


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wk 9

2006 Jan 1 300 Units at Rs. 3 per unit

Jan 15 500 Units at Rs. 5 per unit

Jan 24 300 Units at Rs. 3 per unit

Issues

Jan 4 150 units

Jan 16 300 units

Jan 26 300 units

R U P [ P x , u u u u

[ S x (FIFO) C v u u u

[ S x A i h \ U S k u U P

P u

20 0 6 \ 1 3 0 0 A S P . 3 u

\ 1 5 5 0 0 A S P . 5 u

\ 24 3 0 0 A S P . 3 u

[ P

\ 4 1 5 0 A S P

\ 1 6 3 0 0 A S P

\ 26 3 0 0 A S P

9. Calculate the earnings of a worker under

(a) Halsey Plan and

(b) Rowan Plan

UG7094


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Time Allowed : 48 hours

Time taken : 40 hours

Rate per hour : Rs. 1.

R U P s h [ P x ( A ) Q v m h

( B ) F v z v m h i P n U Q k P

A v z u | : 4 8 o | [ P

G k z x U P s h | : 4 0 o | [ P

o | F v : . 1 u .

10. From the following particulars compute the machine

hour rate :

Rs.

Cost of the machine 11,000

Scrap value 680

Repairs for the effective working

life

1500

Standing charges for 4 weekly period Rs. 40.

Effective working life 10,000 hours

Power used : 6 units per hour at 5 paise per unit

Hours worked in 4 weekly period : 120 hours.

R U P q [ P x C v o |

P n U Q k P

UG7095


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wk 9

C v z v A hU P 1 1 ,0 0 0

k v 6 8 0

C v x a \ 1 5 0 0

4 P z v P { a \ P

. 4 0 \ k B P : 1 0 ,0 0 0 o | [ P

\ : A Q S 5 \ u K o U S 6 A S P 4

P z v S o | 1 20 o | [ P .

11. Sami construction company undertook a contract for

building from 1st Jan. 2006. The contract price was

Rs. 1,00,000. He incurred the following expenses.

Rs.

Materials Issued 6,000

Materials in hand at end 1,000

Wages 5,000

Direct expenses 20,000

Plant purchased 10,000

The contract was completed on 30th June, 2006 and the

contract price was duly received. Provide depreciation at

20% p.a. on plant and charge indirect expenses at 20%

on wages. Prepare contract account in the books ofcompany.

\ 1 , 20 0 6 , \ P m k { P m i h

J U P m i i U P J u \ x P s hx . A u

UG7096


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z u v . 1 ,0 0 ,0 0 0 . A u P \ P

m P 6 ,0 0 0

B s k C v m P 1 ,0 0 0

T 5 ,0 0 0

| i a \ P 20 ,0 0 0

[ Q C v [ P 1 0 ,0 0 0

20 0 6 ,3 0 J u i U P m k , m hx .

C v z v x u 20 % .

T 20 % P a \ P { z v J u

P n U Q z u U P .

12. The sales turnover and profit during two years were

as follows :

Year Sales Profit

Rs. Rs.2005 1,40,000 15,000

2006 1,60,000 20,000

Calculate :

(a) P/V ratio

(b) Break even point

(c) Sales required to earn a profit of Rs. 40,000

(d) Fixed expenses and

(e) Profit when sales are Rs. 1,20,000.

UG7097


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wk 9

C s k B s i S

. .

20 0 5 1 ,4 0 ,0 0 0 1 5 ,0 0 0

20 0 6 1 ,6 0 ,0 0 0 20 ,0 0 0

P n U Q h :

( A ) [ P Q u ( B ) | m h

( C ) . 4 0 ,0 0 0

( D ) { a \ P

( E ) . 1 ,20 ,0 0 0 U S ,D m h s i .

UG7098

b.com. cost accounting june, 2009. third year

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