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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.

This post was last modified on 04 December 2019

This download link is referred from the post: JNTUH MBA 3rd Sem Last 10 Year Question Papers (2010-2020) All Regulation - (JNTU Hyderabad)


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Hall Ticket No

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Question Paper Code: CMB405

Time: 3 Hours

MBA III Semester End Examinations (Regular) - November, 2018

Regulation: R16

Stratgic Management Accounting

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(MBA)

Answer ONE Question from each Unit

All Questions Carry Equal Marks

All parts of the question must be answered in one place only

UNIT I

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Max Marks: 70

  1. (a) Limitations of Financial Accounting have made the Management realize the importance of Cost Accounting' Comment. [7M]
    (b) PH Ltd. is a manufacturing company having three production departments, A, B and C and two service departments X and Y. The following is the budget for March 2004. [7M]
    Total (Rs.) A (Rs.) B (Rs.) C (Rs.) X (Rs.) Y (Rs.)
    Direct Material 1000 2000 4000 2000 1000
    Direct Wages 5000 2000 8000 1000 2000
    Factory rent 4000
    Power 2500
    Depreciation 1000
    Other overheads 9000

    Additional information

    A B C X Y
    Area (Sq.ft) 500 250 500 250 500
    Capital value of assets (Rs. In lakhs) 20 40 20 10 10
    Machine hours 1000 2000 4000 1000 1000
    Horse power of machines 50 40 20 15 25

    A technical assessment of the apportionment of expenses of service departments is as under:

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    Required: A statement showing distribution of overheads to various departments. Also show the redistribution of service departments expenses to production departments. Use repeated distribution method.

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A % B % C % X % Y %
Service Department X 45 15 30 - 10
Service Department Y 60 35 5 - -
  1. (a) Briefly explain different methods of costing. [7M]
    (b) Compute Machine Hour Rate from the following: [7M]
    i. Working hours for a month 160 hours
    ii. Cost of machine Rs.12000
    iii. Estimated scrap value Rs. 3000

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    iv. Estimated working life of the machine 10000 hours
    v. Repairs and maintenance per month Rs.120
    vi. Standing charges per month Rs.40
    vii. Power used 5 units per hour
    viii. Power per unit 10 paise.
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UNIT II

  1. (a) The following extracts of costing information relate to commodity of X for the year ending 31.12.2013 [7M]
    Rs.
    Purchase of Raw materials 6500
    Direct wages 5000
    Rent, Rates and Insurance 2000
    Carriage inwards 100
    Cost of Factory supervision 400
    Sale of Finished Goods 15000
    Stock(1.1.2013) Rs.
    Raw materials 1000
    Finished Goods-200 units 800
    Stock(31.12.2013) Rs.
    Raw materials 1100
    Finished Goods-400 units

    Advertising and selling cost is 40 paise per ton sold, 3000 tons of the commodity were sold during the year. Prepare a Cost sheet.
    (b) What is fixed cost? What is its role in management decision making? [7M]
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  1. (a) What is Process costing? Explain the Advantages & Disadvantages of process costing. [7M]
    (b) Rama industries Ltd., has three processes through which its products pass for becoming a finished product. There is a loss of 2% in each process on the total weight put in and 10% is scrap in all processes. The scrap realises Rs.5 per ton from process 1, Rs.7 per ton from process 2 and Rs. 10 per ton from process 3. The detailed information of various processes is as follows:
    Prepare process cost accounts showing cost per ton at each process. [7M]

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Particulars Process 1 Process 2 Process 3
Passed to next process 60% 50%
Sent to warehouse for sale 40% 50% 100%
Raw Materials Rs. 150000
Tons 500
Rs. 24480
Tons 136
Rs. 7200
Tons 24
Labour cost 27500 20600 15000
General expenses 12500 9200 5075

UNIT - III

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  1. (a) Define break even analysis. Describe the advantages of break even analysis. [7M]
    (b) Following information has been made available from the cost records of United Automobiles Ltd., manufacturing spare parts. [7M]
    Per Unit
    Direct Materials X Rs.8
    Y Rs.6
    Direct Wages X 24hours at 25 paise per hour
    Y 16 hours at 25 paise per hour
    Variable overheads 150% of wages
    Fixed Overheads Rs.750
    Selling price X Rs.25

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    Y Rs.20

    The directors want to be acquainted with the desirability of adopting any one of the following alternative sales mixes in the budget for the next period

    1. 250 units of X and 250 units of Y
    2. 400 units of Y only
    3. 400 units of X and 100 units of Y
    4. 150 units of X and 350 units of Y
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    State which of the alternative sales mixes you would recommend to the management.

  1. (a) “Marginal costing is essentially a technique of cost analysis and cost presentation" Discuss the statement with reference to the merits and limitations of marginal costing. [7M]

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    (b) The following are the data related to XYZ Co., [7M]
    Normal capacity = 40000 units per month.
    Variable cost per unit Rs.6
    Actual production = 44000 units

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    Sales =40000 units Rs. 15 per unit
    Fixed manufacturing overheads= Rs.100000 per month or Rs. 2.50 per unit normal capacity.
    Other fixed expenses = Rs. 240000 per month
    Compute Net profit under absorption costing.

UNIT - IV

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  1. (a) Explain in detail the classification of budgets according to Functions and flexibility [7M]
    (b) The expenses budget for production of 10000 units in a factory is given below: [7M]
    Particulars Per unit
    Materials Rs.70
    Labour Rs.25
    Variable Overheads Rs.20
    Fixed Overheads Rs. 10(Rs.100000 fixed)
    Direct Variable Expenses Rs.5
    Selling Expenses Rs.13(10% fixed)
    Distribution Expenses Rs.7 (20% fixed)
    Administrative Expenses Rs.5 (Rs. 50000 fixed)
    Total Rs.155

    Prepare a flexible budget for production of 6000 and 8000 units. Fixed Overheads and Administrative expenses are fixed for all levels of production.

  1. (a) Briefly discuss the advantages of Budgetary Control. [7M]

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    (b) Pranav engineering company ltd. manufactures product Z. An estimated of the number of units expected to be sold in the first seven months of 2002 is given below: [7M]
    Months Jan Feb march April may June July
    Sales (units) 600 800 1000 1200 1200 1000 1500

    It is anticipated that, there will be no work-in progress at the of any month and finished units equal to half the anticipated sales for the next month will be in stock at the end of the each month (including December 2001). You are required to prepare a production budget showing the number of units to be manufactured each month from January to June 2002.

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UNIT - V

  1. (a) The standard material required manufacture one unit of product X is 10kgs and the standard price per kg of material is Rs. 25. He cost accounts records, however, reveal that 11,500kgs of material costing 2,76,000 were used for manufacturing 1,000units of product X. calculate material Cost variances, Material price variance and Material usage variance. [7M]
    (b) Explain the different stages of standard costing system. [7M]
  1. (a) Form the following particulars, calculate all material variances. [7M]

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    Material Standard Actual
    Qty in kg Price in Rs. Qty in kg Price in Rs.
    A 10 8 10 7
    B 8 6 9 7
    C 4 12 5 11
    22 24

    (b) Explain the features, merits and limitations of Standard Costing. [7M]

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This download link is referred from the post: JNTUH MBA 3rd Sem Last 10 Year Question Papers (2010-2020) All Regulation - (JNTU Hyderabad)