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

Popular posts from this blog

Some Information Related to Guest Blogging

Many of us don't know about guest blogging. So, what is guest blogging?   When one blogger posts his content to another blogger's site it is termed as guest post/guest blog. This method can be used to increase traffic on our sites. Mainly new bloggers use this technique of blogging so that their blogs get promoted and they can build-up the relationship with the audience and this technique also helps them increase the traffic on their site.  If you have started a new blog, your blog might have trouble in reaching up with a wide range of audience, even if you have strong content to post. So, you can publish that content to someone else’s blog whose blog is already reputed so that people can read out your content and if they like your post than bingo!!! You grab audience attention and this lead to increase the number of audiences on your site. But make sure that the concept is simple, and you are writing the content according to the blogger’s requirement. The...
Read more

Expectations from Union Budget 2025-26: Building a future for growth, sustainability, and inclusion

The Union Budget 2025-26 is poised to address India's economic challenges amidst slow growth, rising welfare demands, and global uncertainties. Key expectations include conditional capex loans for states, tax reforms, focus on household income, and a commitment to fiscal consolidation. With reforms and sustainable investments, this budget could set the foundation for long-term progress. What makes the Union Budget 2025-26 so crucial? India stands at a pivotal moment as it gears up for the Union Budget 2025-26. After years of pandemic-driven disruptions and global economic instability, the nation faces critical challenges. Economic growth has slowed, the welfare burden has escalated, and global geopolitical uncertainties add another layer of complexity. This year’s budget is particularly significant, as it marks the first full-year budget of the newly elected government. People expect bold decisions to not only stabilise the economy but also lay the groundwork for long-term growth. ...
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 Summary 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...
Post a Comment
Read more