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1\ \ _/.\ \ (A.T.K.T. TIME TABLE (S1£lVl-1/111)

APRIL 2016B.COM (ACCOUNTING & FINANCE) .

F.Y.ACCOUNTING & Ii'INANCE~

S.Y.ACCOUNTING & FINANCE- (SEM-I)

~(SEM-lII)..;

,e'il - ~~ TIME SUBJECT TIME SUBJECT.

li7.3 Financial Accounting - Finan ial Accounnng - II7.30 a.m.to

DJ - - 6 a.m.to Elements of Financial 02.04.2016 10.00 a.m (Special AccountingV-' 10.00 a.m Accounting- Paper- I ''-# Areas)

7.30 Cost Accounting - 7.30 a.m.to Cost Accounting - n- 6 a.m.to Introduction and Element 05.04.2016 10.00 a.m (Methods of Costing)10.00 a.m of Cost - Paper • I ",/

7.30Economics - Micro 7.30 a.m.to Auditing Paper - II

- 6 a.m.to Economics> paper ~1 07.04.2016 10.00 a.m (Techniques of Auditing10.00 a.m 'V-- and Audit Procedure)

~~~~J.6'7.30

Commerce- Business 7.30 a.m.to Economics ~Paper - I1- _ .....

a.m.to Enviornment - Paper ~I 12.0V -rn.00 a.m (Macro Economics)10.00 a.m

.7.30 Accouting with use of Business Law - Il

- 16 a.m.to Accounting Softwares-16.04.2016

7.30 a.m.to(Business Regulaory- .- .' Introduction and 10.00 a.mc> 10.00 a.m

Application - Paper - 1 V Framework)

7.30Business Communication - 7.30 a.m.to Management ~Paper ~n

.~.~ ~m.to Paper -1 20.04.2016 10.00 a.m (Introduction to10.00 a.m Management)

- \

') <:»:,/ 7.30 Foundation COUI'se ~ 7.30 a.m.to QuantitativeMethods forCommercial Enviorumcnt 22.04.2016~ . .~016 u.m.to

10.00 a.m Business Paper . llI O,()(, u.n: Paper - I

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1 l. . .__'Y" '. .

• ':X 1 CONVE OR VICE-PIUNCfPAL

F.Y.B.A.F. (SEM-I)(A.T.K.T.)

SUB: ACCOUNTING WITH THE USE OFACCOUNTING SOFTWAREDate : _

MARKS: 75 Duration : 2Y2 Hours

Note:All questions are compulsory.

Q.1 (A) Multiple Choice Questions: . [7](1) is the largest computer.

(a) MINI (b)Mainframe(c)Micro (d) Supercomputer

(2) is the first computer in India.(a) PARAM (b) CRAY(c) IBM (d) NONE

\3) Windows Vista is a _(a) Application package (b) Operating system(c) Programming Language (d) None

(4) The transistorized computer circuits were introduced in the(a) First generation (b) Second generation(c)Third generation (d) Fourth generation

(5) Which of the following memories has the shortest accesstime?(a) Cache memory (b) Magnetic Bubble Memory(c)Magnetic Core Memory (d) RAM

(6) Programs designed to perform specific tasks is known as(a) System software (b)Application software(c)Utility Programs (d) Operating System

(7) Which of the following is internal memory?(a) Disks (b) Pen Drives(c) RAM (d) CDs

(8) Which operation is not performed by computer?(a) Inputting (b) Processing(c) Controlling (d) Understanding

(9) To join the internet, the computer has to be connected to a(a) internet architecture board (b) internet society(c) internet service provider (d) none of the mentioned

(10) What is a web browser?(a) a program that can display a web page(b) a program used to view html documents(c) it enables user to access the resources of internet(d) all of the mentioned

(B)· Fill in the blanks: »

(1) Speaker is device.(2) Laser printer is a printer.(3) is a read only memory.(4) www stands for _

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(5) _____ command is to locate a specific text from thedocument.

(6) command is used to save an existing document.(7) is the collection of web pages.(8) Web pages developed by using language.(9) Mozilla firefox is' a _(10) HTML stands for _

Q.2 (A) What input devices are in computers? Explain with example. [7](B) Write down the third gen ra ion of ompu er . [8]

OR

(A) Differentiate between RAMand RO(B) What do you understand b Application Sofrv are?

[8][7]

Q.3 (A) Explain Ms Word and its uses, briefl .(B) Write down the advantages of Ms Excel.

[7][8]

OR

(A) Explain how power point presentation is useful. [7](B) Explain functions SUM( ) and AVERAGE() with formula. [8]

Q.4 (A) What is browser? Explain with some examples. [7](B) What is search engine? Give some examples. [8]

OR

(A) How E-mail is useful? Explain. [8](B) How to download software online? Explain briefly. [7]

Q.5 (A) Explain Batchwise Management concept. [7](B) What do you understand by units of measure? [8]

OR

(A) Explain importance of Tally Software. [7](B) Write down a short note on : [8]

(i) Cost Category(ii) Cost Center

ATATATA

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F.Y.B.A.F. (SEM-I) (A.T.K.T.)

SUB: INTRODUCTION TO COST ACCOUNTINGDate: _

MARKS: 75 Duration: 2% Hours

Note: Allquestions are compulsory, subject to internal choice.Each question carries 15 marks.

Q.1 (A) State whether the following statements are True or False: [8](AnyEIGHT)(1) Investment in inventory should be optimized by maintaining

low stock levels.(2) Under FIFAmethod, materials purchased first are deemed to

be issued first.(3) Delivery challan is an evidence of delivery of material.(4) Labour turnover is also termed as labour cost.(5) Ordering cost is associated with the ordering and acquisition

of inventory.(6) In order to avoid the stoppage of production due to shortage

of material, minimum stock level is maintained.(7) As per LIFO method of stock valuation, it is assumed that

the latest lots are used up first.(8) Service Department renders the services to the Production

Department.(9) Overheads are items of indirect cost.(10) The basis of apportionment of rent is area occupied by the

respective department.

(B) Classify the following items on the basis of cost (Direct Costor Indirect Cost) : (Any SEVEN) [7](1) Legal Expenses(2) Packing Expenses(3) Rent ofWarehouse .(4) Fuel and Oil(5) Raw Materials(6) Carriage on 'Purchase of RawMaterials(7) Carriage Outward(8) Direct Labour(9) Direct Expenses(10) OfficeCleaning

Q.2 (a) M/ s. Reliance Industries Ltd. is offered a discount on its order inthe manner stated as follows: [10]Price per tonne Order (in tonnes)

~ 12.00 Less than 1,000

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~ 11.80 1,000 but less than 4,000~ 11.40 4,000 but less than 8,000~ 11.20 8,000 and over

The annual demand for the material is 8,000 tonnes. Inventorycarrying costs are 10% of material cost per annum. The deliverycost per order is ~ 15.Compute the best order quantity from the above information.

(b) Calculate the material turnover ratio for the year 2013-14 fromthe following information and determine which of the twomaterials is slow moving : r51

Material MaterialNo.1 No.2

Material in hand on 01.04.2013 10,000 15,000Material in hand on 31.03.2014 25,000 5,000Material purchased during the year 1,00,000 75,000

OR

Q.2 From the following data, prepare a valued stock for material EXE forthe month of April, 2015 and value the Closing Stock by using FIFamethod. [15]

Date Transactions01.04.2015 Opening Stock 100 units at ~ 15 per unit04.04.2015 Received 90 units at ~ 16 per unit07.04.2015 Issued 80 units11.04.2015 Received 200 units at ~ 17 per unit14.04.2015 Issued 150 units21.04.2015 Received 20 units at ~ 25 per unit25.04.2015 Issued 100 units27.04.2015 Received 50 units at ~ 16 per unit

Q.3 A worker takes 18 hours to complete a job on daily wages and 12hours on a scheme of payment by results. His day rate is ~ 75 perhour, the material cost of the product is ~ 600 and the overheads arerecovered at 150% of the total direct wages. [15]Calculate the factory cost of the product under:(a) The piece work plan(b) The Rowan Plan, and(c) The Halsey Plan

Q.3 From the following particulars, calculate the monthly wages ofworkers A, B and C. [15]

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o

D~)

r

(a)(b)

Worker's monthly standard outputWorker's actual output in a month

- 1,000 units- A - 850 unitsB -720 unitsC - 960 units- 20 paise- ~ 100 (fixed)- ~ 50 [fixed]- ~ 50 (fixed)- Output exceeds 80% ofstandard, for every one percent of the actual output ~5.

(c)(d)(e)(1)(g)

Rate per unit of actual outputDearness allowance per monthHouse Rent AllowanceTravelling allowance per monthAdditional output bonus

Q.4 Calculate the overheads that can be allocated to the ProductionDepartment A and B. There are also two Service Departments X andY. X renders service worth ~ 12,000 to Y and the balance to A and Bat 3 : 2. Y renders service to A and B in the ratio 9 : l. [15]

Particulars A B X y

Floor area (sq. feet) 5,000 4,000 1,000 2,000Assets ~ lakhs) 10 5 3 1Horsepower of machines 1,000 500 400 100Number of workers 100 50 50 25Ligh t points 50 30 20 20Th 1 de expenses me u e:

~Depreciation 1,90,000Rent and Rates, etc. 36,000Insurance 15,200Power 20,000Can teen Expenses 10,800Electricity 4,800

-OR

Q.4 Zenith Ltd., a manufacturing unit, has three Production DepartmentsA, Band C and two Service Departments X and Y. The followingti t f ·1 bl f .od : [15]es ima es 0 expenses are avar a e or a pen

Particulars ~Rent and Rates 3,20,000Power 4,40,000Staff Welfare Expenses 3,00,000Insurance on Building 1,60,000Insurance on Machinery 6,00,000Staff Canteen Expenses 1,00,000The other technical details about the department are as under:

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Th fS D di ib d d

Particulars Total A B C X YFloor area ('000 sq.ft) 80 10 20 30 10 10Number of workers 50 10 15 15 5 5H.P. of machines 100 30 20 25 15 10Cost of Machines 10 6 2 1 1 0

~ in lakhs)e cost 0 ervice epartmen tare istri ute as un er:

Particulars A B C X YDepartment X 40% 30% 20% -- 10%Department Y 20% 40% 20% 20% --Required: Show the primary distribution and secondary distributionof overhead expenses and the resulting total costs of the ProductionDepartment.

Q.5 (a) Explain the essentials of classifications of cost in costaccoun ting. [8]

(b) How is labour turnover measured? [7]

OR

Q.5 Write short notes on any THREE:(a) EOQ(b) FIFa(c) Factors affecting wages(d) Overheads(e) ABCAnalysis

[15]

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