Skip to main content

BBA (BB-302) (S05) (O) (LE) (Sem.-3rd)

Total No. of Questions : 13] [Total No. of Pages : 02

Paper ID [B0113]

(Please fill this Paper ID in OMR sheet)

BBA (BB-302) (S05) (O) (LE) (Sem.-3rd)

COST ACCOUNTING

Time: 03 Hours Maximum Marks : 75

Instruction to Candidates :

    1. Section – A is Compulsory.
    2. Attempt any Nine questions from Section – B.

    Section - A

    Q1) (15 x 2 = 30)

    1. What do you mean by product cost?
    2. Explain the meaning of cost accounting.
    3. Why distinction between direct and indirect labour cost is made?
    4. Give the formula of calculating break even sales.
    5. Explain the significance of margin of safety.
    6. What is cost volume profit analysis?
    7. How margin of safety can be improved?
    8. How relevant cost is important in taking decision?
    9. Can marginal costing help in taking the decision of buy or manufacture?
    10. Define the term Depression.
    11. What is the purpose of calculating sunk cost?
    12. Explain standard costing.
    13. Distinguished between standard cost and estimated cost.
    14. Explain variance.
    15. Discuss the importance of reconciliation between budgeted profit and actual profit.


    Section – B

    Q2) What are overheads? How they are classified?

    Q3) Explain various uses of marginal costing by giving examples.

    Q4) Explain the assumptions and uses of break even analysis.

    Q5) The sales turnover and profit during two year were as follows.

      Year Sales Cost
      2005

      2006

      		 500000

      750000

      		 450000

      650000

    You are required to calculate P/V ratio.

    Q6) A machine manufacture 10000 units of a part at a total cost of Rs. 21 out of which

    Rs. 18 is variable. This part is readily available in market at Rs. 19 per unit. If the part is

    purchased from market then the machine can be utilized to manufacture a component in

    same quantity contributing Rs. 2 per component or it can be hired at Rs. 21000. Recommend

    which alternative is profitable.

    Q7) Distinguish between indirect expenses and overheads.

    Q8) Explain various types of cost which help in decision making.

    Q9) Distinguish between sunk and opportunity cost.

    Q10) Discuss various types of material variances.

    Q11) Given that the cost standards for actual quantity 12 Kg at Rs. 9 per kg. Compute the material

    Variances when standard quantity is 15 kg at 10 per kg.

    Q12) Explain the format of cost sheet with the help of imaginary figures.

    Q13) Differentiate between cost sheet and statement of cost.

    * * * *

Comments

Post a Comment

Also read

Spill the Tea: Ira and the quiet exhaustion of being watched

Ira comes for tea and slowly reveals a life shaped by emotional surveillance. Loved, watched, and quietly evaluated by her parents, she lives under constant explanation. Through food and confession, she names the exhaustion of being known too well and finds nourishment not just in eating, but in finally being heard. Ira arrived  five minutes early and apologized for it. The way people do when they are used to taking responsibility for time itself. She said it lightly, as if time itself had offended her. She wore a white A-line shirtdress, clean and careful, the kind that looks chosen for comfort but ends up signaling restraint. When she sat down, she folded herself into the chair unconsciously. One leg rested on the floor, the other tucked underneath her, knees visible. It was not a pose meant to be seen. It slipped out before her body remembered how to protect itself. I noticed the brief softness of it, the quiet vulnerability, before she settled and forgot. I was still pouring t...
Post a Comment
Read more

Cutting people off isn’t strength—It is a trauma response

Your ability to cut people off and self-isolate is not a skill you should be proud of—It is a trauma response Cutting people off and self-isolating may feel like a protective shield, but it is often rooted in unresolved or unhealed trauma and an inability to depend on others. While these behaviors seem like self-preservation, they end up reinforcing isolation and blocking meaningful connections. Confronting these patterns, seeking therapy, and nurturing supportive relationships can help break this unhealthy cycle. Plus, a simple act like planting a jasmine plant can symbolise the start of your journey towards emotional healing. Why do we cut people off and isolate? If you’re someone who prides themselves on “cutting people off” or keeping a tight circle, you might believe it’s a skill—a way to protect yourself from betrayal, hurt, or unnecessary drama. I get it. I’ve been there, too. But here’s the thing: this ability to isolate yourself is not as empowering as it may seem. In fact, i...
1 comment
Read more

Worst Idea Ever-Jane Fallon-Book review

Is your closest friendship built on trust or convenience? Have you ever questioned whether your closest friendship survives on love or habit? This detailed, non partisan review of Worst Idea Ever by Jane Fallon explores jealousy, insecurity, digital deception, and emotional convenience, while honestly critiquing its length, clichés, and uneven characterisation. A sharp look at friendship when kindness turns quietly toxic. Have you ever stayed in a friendship simply because walking away felt harder? You know that uncomfortable feeling when you realise a friendship no longer nourishes you, yet you keep showing up anyway. Not because it brings joy, but because history exists, routines are set, and absence would require uncomfortable explanations. Jane Fallon’s Worst Idea Ever taps directly into that quiet, relatable discomfort. It asks a question many of us avoid asking ourselves. Are we friends because we care, or because we always have been? Published in 2021 by Penguin B...
Post a Comment
Read more