Download JNTUH MBA 3rd Sem 2018 Nov Stratgic Management Accounting Question Paper

Download JNTUH (Jawaharlal Nehru Technological University Hyderabad) MBA Third Year (3rd Year) 2018 Nov Stratgic Management Accounting Question Paper.

HallTicketNo QuestionPaperCode:CMB405
.
.
MBAIIISemesterEndExaminations(Regular)-November,2018
Regulation: .?R16
StratgicManagementAccounting
(MBA)
Time: 3Hours MaxMarks: 70
AnswerONEQuestionfromeachUnit
AllQuestionsCarryEqualMarks
Allpartsofthequestionmustbeansweredinoneplaceonly
UNIT?I
1. (a) LimitationsofFinancialAccountinghavemadetheManagementrealizetheimportanceofCost
Accounting?Comment. [7M]
(b) PHLtd.isamanufacturingcompanyhavingthreeproductiondepartments,A,BandCandtwo
servicedepartmentsXandY.ThefollowingisthebudgetforMarch2004. [7M]
Table1
Total(Rs.) A(Rs.) B(Rs.) C(Rs.) X(Rs.) Y(Rs.)
DirectMaterial 1000 2000 4000 2000 1000
DirectWages 5000 2000 8000 1000 2000
Factoryrent 4000
Power 2500
Depreciation 1000
Otheroverheads 9000
Additionalinformation
Area(Sq.ft) 500 250 500 250 500
Capitalvalueofassets(Rs.Inlakhs) 20 40 20 10 10
Machinehours 1000 2000 4000 1000 1000
Horsepowerofmachines 50 40 20 15 25
Atechnicalassessmentoftheapportionmentofexpensesofservicedepartmentsisasunder:
Required: Astatementshowingdistributionofoverheadstovariousdepartments. Alsoshow
theredistributionofservicedepartmentsexpensestoproductiondepartments. Userepeated
distributionmethod.
Page1of5
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HallTicketNo QuestionPaperCode:CMB405
.
.
MBAIIISemesterEndExaminations(Regular)-November,2018
Regulation: .?R16
StratgicManagementAccounting
(MBA)
Time: 3Hours MaxMarks: 70
AnswerONEQuestionfromeachUnit
AllQuestionsCarryEqualMarks
Allpartsofthequestionmustbeansweredinoneplaceonly
UNIT?I
1. (a) LimitationsofFinancialAccountinghavemadetheManagementrealizetheimportanceofCost
Accounting?Comment. [7M]
(b) PHLtd.isamanufacturingcompanyhavingthreeproductiondepartments,A,BandCandtwo
servicedepartmentsXandY.ThefollowingisthebudgetforMarch2004. [7M]
Table1
Total(Rs.) A(Rs.) B(Rs.) C(Rs.) X(Rs.) Y(Rs.)
DirectMaterial 1000 2000 4000 2000 1000
DirectWages 5000 2000 8000 1000 2000
Factoryrent 4000
Power 2500
Depreciation 1000
Otheroverheads 9000
Additionalinformation
Area(Sq.ft) 500 250 500 250 500
Capitalvalueofassets(Rs.Inlakhs) 20 40 20 10 10
Machinehours 1000 2000 4000 1000 1000
Horsepowerofmachines 50 40 20 15 25
Atechnicalassessmentoftheapportionmentofexpensesofservicedepartmentsisasunder:
Required: Astatementshowingdistributionofoverheadstovariousdepartments. Alsoshow
theredistributionofservicedepartmentsexpensestoproductiondepartments. Userepeated
distributionmethod.
Page1of5
Table2
A B C X Y
% % % % %
ServiceDepartmentX 45 15 30 - 10
ServiceDepartmentY 60 35 - 5 -
2. (a)Brie?yexplaindi?erentmethodsofcosting. [7M]
(b)ComputeMachineHourRatefromthefollowing: [7M]
i.Workinghoursforamonth160hours
ii.CostofmachineRs.12000
iii.EstimatedscrapvalueRs.3000
iv.Estimatedworkinglifeofthemachine10000hours
v.RepairsandmaintenancepermonthRs.120
vi.StandingchargespermonthRs.40
vii.Powerused5unitsperhour
viii.Powerperunit10paise.
UNIT?II
3. (a)The followingextractsof costinginformationrelateto commodityofX fortheyearending
31.12.2013
[7M]
Table3
PurchaseofRawmaterials Rs.6500 Directwages Rs.5000
Rent,RatesandInsurance Rs.2000 Carriageinwards Rs.100
Stock(1.1.2013) Stock(31.12.2013)
Rawmaterials Rs1000 Rawmaterials Rs.1100
FinishedGoods-200units Rs.800 FinishedGoods-400units
CostofFactorysupervision Rs.400 SaleofFinishedGoods Rs.15000
Advertisingandsellingcostis40paisepertonsold,3000tonsofthecommodityweresoldduring
theyear.PrepareaCostsheet. [7M]
(b)Whatis?xedcost?Whatisitsroleinmanagementdecisionmaking?
4. (a)?WhatisProcesscosting?ExplaintheAdvantages&Disadvantagesofprocesscosting. [7M]
(b)RamaindustriesLtd.,hasthreeprocessesthroughwhichitsproductspassforbecominga?nished
product.Thereisalossof2%ineachprocessonthetotalweightputinand10%isscrapinall
processes. ThescraprealisesRs.5pertonfromprocess1,Rs.7pertonfromprocess2andRs.
10pertonfromprocess3.Thedetailedinformationofvariousprocessesisasfollows:
[7M]
Prepareprocesscostaccountsshowingcostpertonateachprocess.
Page2of5
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HallTicketNo QuestionPaperCode:CMB405
.
.
MBAIIISemesterEndExaminations(Regular)-November,2018
Regulation: .?R16
StratgicManagementAccounting
(MBA)
Time: 3Hours MaxMarks: 70
AnswerONEQuestionfromeachUnit
AllQuestionsCarryEqualMarks
Allpartsofthequestionmustbeansweredinoneplaceonly
UNIT?I
1. (a) LimitationsofFinancialAccountinghavemadetheManagementrealizetheimportanceofCost
Accounting?Comment. [7M]
(b) PHLtd.isamanufacturingcompanyhavingthreeproductiondepartments,A,BandCandtwo
servicedepartmentsXandY.ThefollowingisthebudgetforMarch2004. [7M]
Table1
Total(Rs.) A(Rs.) B(Rs.) C(Rs.) X(Rs.) Y(Rs.)
DirectMaterial 1000 2000 4000 2000 1000
DirectWages 5000 2000 8000 1000 2000
Factoryrent 4000
Power 2500
Depreciation 1000
Otheroverheads 9000
Additionalinformation
Area(Sq.ft) 500 250 500 250 500
Capitalvalueofassets(Rs.Inlakhs) 20 40 20 10 10
Machinehours 1000 2000 4000 1000 1000
Horsepowerofmachines 50 40 20 15 25
Atechnicalassessmentoftheapportionmentofexpensesofservicedepartmentsisasunder:
Required: Astatementshowingdistributionofoverheadstovariousdepartments. Alsoshow
theredistributionofservicedepartmentsexpensestoproductiondepartments. Userepeated
distributionmethod.
Page1of5
Table2
A B C X Y
% % % % %
ServiceDepartmentX 45 15 30 - 10
ServiceDepartmentY 60 35 - 5 -
2. (a)Brie?yexplaindi?erentmethodsofcosting. [7M]
(b)ComputeMachineHourRatefromthefollowing: [7M]
i.Workinghoursforamonth160hours
ii.CostofmachineRs.12000
iii.EstimatedscrapvalueRs.3000
iv.Estimatedworkinglifeofthemachine10000hours
v.RepairsandmaintenancepermonthRs.120
vi.StandingchargespermonthRs.40
vii.Powerused5unitsperhour
viii.Powerperunit10paise.
UNIT?II
3. (a)The followingextractsof costinginformationrelateto commodityofX fortheyearending
31.12.2013
[7M]
Table3
PurchaseofRawmaterials Rs.6500 Directwages Rs.5000
Rent,RatesandInsurance Rs.2000 Carriageinwards Rs.100
Stock(1.1.2013) Stock(31.12.2013)
Rawmaterials Rs1000 Rawmaterials Rs.1100
FinishedGoods-200units Rs.800 FinishedGoods-400units
CostofFactorysupervision Rs.400 SaleofFinishedGoods Rs.15000
Advertisingandsellingcostis40paisepertonsold,3000tonsofthecommodityweresoldduring
theyear.PrepareaCostsheet. [7M]
(b)Whatis?xedcost?Whatisitsroleinmanagementdecisionmaking?
4. (a)?WhatisProcesscosting?ExplaintheAdvantages&Disadvantagesofprocesscosting. [7M]
(b)RamaindustriesLtd.,hasthreeprocessesthroughwhichitsproductspassforbecominga?nished
product.Thereisalossof2%ineachprocessonthetotalweightputinand10%isscrapinall
processes. ThescraprealisesRs.5pertonfromprocess1,Rs.7pertonfromprocess2andRs.
10pertonfromprocess3.Thedetailedinformationofvariousprocessesisasfollows:
[7M]
Prepareprocesscostaccountsshowingcostpertonateachprocess.
Page2of5
Table4
Particulars Process1 Process2 Process3
Passedtonextprocess 60% 50%
Senttowarehouseforsale 40% 50% 100%
Rs. Tons Rs. Tons Rs. Tons
RawMaterials 150000 500 24480 136 7200 24
Labourcost 27500 20600 15000
Generalexpenses 12500 9200 5075
UNIT?III
5. (a)De?nebreakevenanalysis.Describetheadvantagesofbreakevenanalysis. [7M]
(b)FollowinginformationhasbeenmadeavailablefromthecostrecordsofUnitedAutomobilesLtd.,
manufacturingspareparts. [7M]
Table5
DirectMaterials PerUnit
X Rs.8
Y Rs.6
DirectWages
X 24hoursat25paiseperhour
Y 16hoursat25paiseperhour
Variableoverheads 150%ofwages
FixedOverheads Rs.750
Sellingprice
X Rs.25
Y Rs.20
Thedirectorswanttobeacquaintedwiththedesirabilityofadoptinganyoneofthefollowing
alternativesalesmixesinthebudgetforthenextperiod
i.250unitsofXand250unitsofY
ii.400unitsofYonly
iii.400unitsofXand100unitsofY
iv.150unitsofXand350unitsofY
Statewhichofthealternativesalesmixesyouwouldrecommendtothemanagement.
6. (a)?Marginalcostingisessentiallyatechniqueofcostanalysisandcostpresentation?Discussthe
statementwithreferencetothemeritsandlimitationsofmarginalcosting. [7M]
Page3of5
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HallTicketNo QuestionPaperCode:CMB405
.
.
MBAIIISemesterEndExaminations(Regular)-November,2018
Regulation: .?R16
StratgicManagementAccounting
(MBA)
Time: 3Hours MaxMarks: 70
AnswerONEQuestionfromeachUnit
AllQuestionsCarryEqualMarks
Allpartsofthequestionmustbeansweredinoneplaceonly
UNIT?I
1. (a) LimitationsofFinancialAccountinghavemadetheManagementrealizetheimportanceofCost
Accounting?Comment. [7M]
(b) PHLtd.isamanufacturingcompanyhavingthreeproductiondepartments,A,BandCandtwo
servicedepartmentsXandY.ThefollowingisthebudgetforMarch2004. [7M]
Table1
Total(Rs.) A(Rs.) B(Rs.) C(Rs.) X(Rs.) Y(Rs.)
DirectMaterial 1000 2000 4000 2000 1000
DirectWages 5000 2000 8000 1000 2000
Factoryrent 4000
Power 2500
Depreciation 1000
Otheroverheads 9000
Additionalinformation
Area(Sq.ft) 500 250 500 250 500
Capitalvalueofassets(Rs.Inlakhs) 20 40 20 10 10
Machinehours 1000 2000 4000 1000 1000
Horsepowerofmachines 50 40 20 15 25
Atechnicalassessmentoftheapportionmentofexpensesofservicedepartmentsisasunder:
Required: Astatementshowingdistributionofoverheadstovariousdepartments. Alsoshow
theredistributionofservicedepartmentsexpensestoproductiondepartments. Userepeated
distributionmethod.
Page1of5
Table2
A B C X Y
% % % % %
ServiceDepartmentX 45 15 30 - 10
ServiceDepartmentY 60 35 - 5 -
2. (a)Brie?yexplaindi?erentmethodsofcosting. [7M]
(b)ComputeMachineHourRatefromthefollowing: [7M]
i.Workinghoursforamonth160hours
ii.CostofmachineRs.12000
iii.EstimatedscrapvalueRs.3000
iv.Estimatedworkinglifeofthemachine10000hours
v.RepairsandmaintenancepermonthRs.120
vi.StandingchargespermonthRs.40
vii.Powerused5unitsperhour
viii.Powerperunit10paise.
UNIT?II
3. (a)The followingextractsof costinginformationrelateto commodityofX fortheyearending
31.12.2013
[7M]
Table3
PurchaseofRawmaterials Rs.6500 Directwages Rs.5000
Rent,RatesandInsurance Rs.2000 Carriageinwards Rs.100
Stock(1.1.2013) Stock(31.12.2013)
Rawmaterials Rs1000 Rawmaterials Rs.1100
FinishedGoods-200units Rs.800 FinishedGoods-400units
CostofFactorysupervision Rs.400 SaleofFinishedGoods Rs.15000
Advertisingandsellingcostis40paisepertonsold,3000tonsofthecommodityweresoldduring
theyear.PrepareaCostsheet. [7M]
(b)Whatis?xedcost?Whatisitsroleinmanagementdecisionmaking?
4. (a)?WhatisProcesscosting?ExplaintheAdvantages&Disadvantagesofprocesscosting. [7M]
(b)RamaindustriesLtd.,hasthreeprocessesthroughwhichitsproductspassforbecominga?nished
product.Thereisalossof2%ineachprocessonthetotalweightputinand10%isscrapinall
processes. ThescraprealisesRs.5pertonfromprocess1,Rs.7pertonfromprocess2andRs.
10pertonfromprocess3.Thedetailedinformationofvariousprocessesisasfollows:
[7M]
Prepareprocesscostaccountsshowingcostpertonateachprocess.
Page2of5
Table4
Particulars Process1 Process2 Process3
Passedtonextprocess 60% 50%
Senttowarehouseforsale 40% 50% 100%
Rs. Tons Rs. Tons Rs. Tons
RawMaterials 150000 500 24480 136 7200 24
Labourcost 27500 20600 15000
Generalexpenses 12500 9200 5075
UNIT?III
5. (a)De?nebreakevenanalysis.Describetheadvantagesofbreakevenanalysis. [7M]
(b)FollowinginformationhasbeenmadeavailablefromthecostrecordsofUnitedAutomobilesLtd.,
manufacturingspareparts. [7M]
Table5
DirectMaterials PerUnit
X Rs.8
Y Rs.6
DirectWages
X 24hoursat25paiseperhour
Y 16hoursat25paiseperhour
Variableoverheads 150%ofwages
FixedOverheads Rs.750
Sellingprice
X Rs.25
Y Rs.20
Thedirectorswanttobeacquaintedwiththedesirabilityofadoptinganyoneofthefollowing
alternativesalesmixesinthebudgetforthenextperiod
i.250unitsofXand250unitsofY
ii.400unitsofYonly
iii.400unitsofXand100unitsofY
iv.150unitsofXand350unitsofY
Statewhichofthealternativesalesmixesyouwouldrecommendtothemanagement.
6. (a)?Marginalcostingisessentiallyatechniqueofcostanalysisandcostpresentation?Discussthe
statementwithreferencetothemeritsandlimitationsofmarginalcosting. [7M]
Page3of5
(b)ThefollowingarethedatarelatedtoXYZCo.,
Normalcapacity=40000unitspermonth.
VariablecostperunitRs.6
Actualproduction=44000units
Sales=40000units Rs.15perunit
Fixedmanufacturingoverheads=Rs.100000permonthorRs.2.50perunit normalcapacity.
Other?xedexpenses=Rs.240000permonth
ComputeNetpro?tunderabsorptioncosting.
[7M]
UNIT?IV
7. (a)Explainindetailtheclassi?cationofbudgetsaccordingtoFunctionsand?exibility [7M]
(b)Theexpensesbudgetforproductionof10000unitsinafactoryisgivenbelow: [7M]
Table6
Particulars Perunit
Materials Rs.70
Labour Rs.25
VariableOverheads Rs.20
FixedOverheads Rs.10(Rs.100000?xed)
DirectVariableExpenses Rs.5
SellingExpenses Rs.13(10%?xed)
DistributionExpenses Rs.7(20%?xed)
AdministrativeExpenses Rs.5(Rs.50000?xed)
Total Rs.155
Preparea?exiblebudgetforproductionof6000and8000units.FixedOverheadsandAdminis-
trativeexpensesare?xedforalllevelsofproduction.
8. (a)Brie?ydiscusstheadvantagesofBudgetaryControl. [7M]
(b)Pranavengineeringcompanyltd.manufacturesproductZ.Anestimatedofthenumberofunits
expectedtobesoldinthe?rstsevenmonthsof2002isgivenbelow:
Table7
Months Jan Feb march April may June July
Sales(units) 600 800 1000 1200 1200 1000 1500
[7M]
Itisanticipatedthat,therewillbenowork-inprogressattheofanymonthand?nishedunits
equaltohalftheanticipatedsalesforthenextmonthwillbeinstockattheendoftheeach
month(includingDecember2001).Youarerequiredtoprepareaproductionbudgetshowingthe
numberofunitstobemanufacturedeachmonthfromJanuarytoJune2002.
Page4of5
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HallTicketNo QuestionPaperCode:CMB405
.
.
MBAIIISemesterEndExaminations(Regular)-November,2018
Regulation: .?R16
StratgicManagementAccounting
(MBA)
Time: 3Hours MaxMarks: 70
AnswerONEQuestionfromeachUnit
AllQuestionsCarryEqualMarks
Allpartsofthequestionmustbeansweredinoneplaceonly
UNIT?I
1. (a) LimitationsofFinancialAccountinghavemadetheManagementrealizetheimportanceofCost
Accounting?Comment. [7M]
(b) PHLtd.isamanufacturingcompanyhavingthreeproductiondepartments,A,BandCandtwo
servicedepartmentsXandY.ThefollowingisthebudgetforMarch2004. [7M]
Table1
Total(Rs.) A(Rs.) B(Rs.) C(Rs.) X(Rs.) Y(Rs.)
DirectMaterial 1000 2000 4000 2000 1000
DirectWages 5000 2000 8000 1000 2000
Factoryrent 4000
Power 2500
Depreciation 1000
Otheroverheads 9000
Additionalinformation
Area(Sq.ft) 500 250 500 250 500
Capitalvalueofassets(Rs.Inlakhs) 20 40 20 10 10
Machinehours 1000 2000 4000 1000 1000
Horsepowerofmachines 50 40 20 15 25
Atechnicalassessmentoftheapportionmentofexpensesofservicedepartmentsisasunder:
Required: Astatementshowingdistributionofoverheadstovariousdepartments. Alsoshow
theredistributionofservicedepartmentsexpensestoproductiondepartments. Userepeated
distributionmethod.
Page1of5
Table2
A B C X Y
% % % % %
ServiceDepartmentX 45 15 30 - 10
ServiceDepartmentY 60 35 - 5 -
2. (a)Brie?yexplaindi?erentmethodsofcosting. [7M]
(b)ComputeMachineHourRatefromthefollowing: [7M]
i.Workinghoursforamonth160hours
ii.CostofmachineRs.12000
iii.EstimatedscrapvalueRs.3000
iv.Estimatedworkinglifeofthemachine10000hours
v.RepairsandmaintenancepermonthRs.120
vi.StandingchargespermonthRs.40
vii.Powerused5unitsperhour
viii.Powerperunit10paise.
UNIT?II
3. (a)The followingextractsof costinginformationrelateto commodityofX fortheyearending
31.12.2013
[7M]
Table3
PurchaseofRawmaterials Rs.6500 Directwages Rs.5000
Rent,RatesandInsurance Rs.2000 Carriageinwards Rs.100
Stock(1.1.2013) Stock(31.12.2013)
Rawmaterials Rs1000 Rawmaterials Rs.1100
FinishedGoods-200units Rs.800 FinishedGoods-400units
CostofFactorysupervision Rs.400 SaleofFinishedGoods Rs.15000
Advertisingandsellingcostis40paisepertonsold,3000tonsofthecommodityweresoldduring
theyear.PrepareaCostsheet. [7M]
(b)Whatis?xedcost?Whatisitsroleinmanagementdecisionmaking?
4. (a)?WhatisProcesscosting?ExplaintheAdvantages&Disadvantagesofprocesscosting. [7M]
(b)RamaindustriesLtd.,hasthreeprocessesthroughwhichitsproductspassforbecominga?nished
product.Thereisalossof2%ineachprocessonthetotalweightputinand10%isscrapinall
processes. ThescraprealisesRs.5pertonfromprocess1,Rs.7pertonfromprocess2andRs.
10pertonfromprocess3.Thedetailedinformationofvariousprocessesisasfollows:
[7M]
Prepareprocesscostaccountsshowingcostpertonateachprocess.
Page2of5
Table4
Particulars Process1 Process2 Process3
Passedtonextprocess 60% 50%
Senttowarehouseforsale 40% 50% 100%
Rs. Tons Rs. Tons Rs. Tons
RawMaterials 150000 500 24480 136 7200 24
Labourcost 27500 20600 15000
Generalexpenses 12500 9200 5075
UNIT?III
5. (a)De?nebreakevenanalysis.Describetheadvantagesofbreakevenanalysis. [7M]
(b)FollowinginformationhasbeenmadeavailablefromthecostrecordsofUnitedAutomobilesLtd.,
manufacturingspareparts. [7M]
Table5
DirectMaterials PerUnit
X Rs.8
Y Rs.6
DirectWages
X 24hoursat25paiseperhour
Y 16hoursat25paiseperhour
Variableoverheads 150%ofwages
FixedOverheads Rs.750
Sellingprice
X Rs.25
Y Rs.20
Thedirectorswanttobeacquaintedwiththedesirabilityofadoptinganyoneofthefollowing
alternativesalesmixesinthebudgetforthenextperiod
i.250unitsofXand250unitsofY
ii.400unitsofYonly
iii.400unitsofXand100unitsofY
iv.150unitsofXand350unitsofY
Statewhichofthealternativesalesmixesyouwouldrecommendtothemanagement.
6. (a)?Marginalcostingisessentiallyatechniqueofcostanalysisandcostpresentation?Discussthe
statementwithreferencetothemeritsandlimitationsofmarginalcosting. [7M]
Page3of5
(b)ThefollowingarethedatarelatedtoXYZCo.,
Normalcapacity=40000unitspermonth.
VariablecostperunitRs.6
Actualproduction=44000units
Sales=40000units Rs.15perunit
Fixedmanufacturingoverheads=Rs.100000permonthorRs.2.50perunit normalcapacity.
Other?xedexpenses=Rs.240000permonth
ComputeNetpro?tunderabsorptioncosting.
[7M]
UNIT?IV
7. (a)Explainindetailtheclassi?cationofbudgetsaccordingtoFunctionsand?exibility [7M]
(b)Theexpensesbudgetforproductionof10000unitsinafactoryisgivenbelow: [7M]
Table6
Particulars Perunit
Materials Rs.70
Labour Rs.25
VariableOverheads Rs.20
FixedOverheads Rs.10(Rs.100000?xed)
DirectVariableExpenses Rs.5
SellingExpenses Rs.13(10%?xed)
DistributionExpenses Rs.7(20%?xed)
AdministrativeExpenses Rs.5(Rs.50000?xed)
Total Rs.155
Preparea?exiblebudgetforproductionof6000and8000units.FixedOverheadsandAdminis-
trativeexpensesare?xedforalllevelsofproduction.
8. (a)Brie?ydiscusstheadvantagesofBudgetaryControl. [7M]
(b)Pranavengineeringcompanyltd.manufacturesproductZ.Anestimatedofthenumberofunits
expectedtobesoldinthe?rstsevenmonthsof2002isgivenbelow:
Table7
Months Jan Feb march April may June July
Sales(units) 600 800 1000 1200 1200 1000 1500
[7M]
Itisanticipatedthat,therewillbenowork-inprogressattheofanymonthand?nishedunits
equaltohalftheanticipatedsalesforthenextmonthwillbeinstockattheendoftheeach
month(includingDecember2001).Youarerequiredtoprepareaproductionbudgetshowingthe
numberofunitstobemanufacturedeachmonthfromJanuarytoJune2002.
Page4of5
UNIT?V
9. (a)ThestandardmaterialrequiredmanufactureoneunitofproductXis10kgsandthestandard
priceperkgofmaterialisRs. 25. Hecostaccountsrecords,however,revealthat11,500kgsof
materialcosting2,76,000wereusedformanufacturing1,000unitsofproductX.calculatematerial
Costvariances,MaterialpricevarianceandMaterialusagevariance. [7M]
(b)Explainthedi?erentstagesofstandardcostingsystem. [7M]
10. (a)Formthefollowingparticulars,calculateallmaterialvariances. [7M]
Table8
Material Standard Actual
Qtyinkg PriceinRs. Qtyinkg PriceinRs.
A 10 8 10 7
B 8 6 9 7
C 4 12 5 11
22 24
(b)Explainthefeatures,meritsandlimitationsofStandardCosting. [7M]
Page5of5
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This post was last modified on 04 December 2019