Download PTU B.Com 2020 Dec 2nd Sem 75828 Cost Accounting Question Paper

Roll No.
Total No. of Pages : 02
Total No. of Questions : 18
B.Com. (Hons.) (2018 Batch) (Sem. ?2)

--- Content provided by‌ FirstRanker.com ---

COST ACCOUNTING
Subject Code : BCOM-201-18
M.Code : 75828
Time : 3 Hrs. Max. Marks : 60
INST RUCT IONS T O CANDIDAT ES :

--- Content provided by​ FirstRanker.com ---

1 .
SECT ION-A is COMPULSORY cons is ting of TEN questions carrying TWO marks
each.
2 .
SECT ION-B cons ists of F OUR Sub-sec tions : Un its-I, II, III & IV.

--- Content provided by​ FirstRanker.com ---

3 .
Eac h Sub-section contains TWO questions each , carry in g T EN ma rks e ach .
4 .
Student has to attempt any ONE que stion from ea ch Sub -section.
SECTION-A

--- Content provided by FirstRanker.com ---

Write briefly :
1.
Life Cycle Costing
2.
BEP

--- Content provided by‍ FirstRanker.com ---

3.
Job costing
4.
Minimum Level
5.

--- Content provided by‍ FirstRanker.com ---

Prime Cost
6.
Machine Hour Rate
7.
Target Costing

--- Content provided by FirstRanker.com ---

8.
Margin of Safety
9.
Zero Base Budget
10. LIFO

--- Content provided by‍ FirstRanker.com ---

1 | M-75828
(S12)-424

---

SECTION-B
UNIT-I

--- Content provided by⁠ FirstRanker.com ---

11. Calculate (a) Prime Cost (b) Works Cost and (c) Cost of production from the under
mentioned figures:
Particulars
Rs.
Factory expenses

--- Content provided by FirstRanker.com ---

30,000
Administration expenses
20,000
Labour
25,000

--- Content provided by‍ FirstRanker.com ---

Material
35,000
Selling expenses
10,000
12. Define :

--- Content provided by‍ FirstRanker.com ---

a) Fixed cost
b) Variable cost
c) Semi-variable cost.
UNIT-II
13. What are the objects of Inventory Control? Explain also the methods and techniques of

--- Content provided by FirstRanker.com ---

inventory control.
14. Distinguish between allocation, apportionment and absorption of overheads.
UNIT-III
15. Explain normal loss, abnormal loss and abnormal gain and state how they should be dealt
with in process Cost Accounts.

--- Content provided by‌ FirstRanker.com ---

16. Determine the amount of fixed expenses from the following particulars :
Sales Rs. 2,40,000
Direct Material Rs. 80,000 Direct labour Rs. 50,000
Variable overhead Rs. 20,000 and profit Rs. 50,000
UNIT-IV

--- Content provided by⁠ FirstRanker.com ---

17. How is Activity Based Costing different from Traditional costing System? Explain the
process of designing Activity based Costing.
18. What is budgetary control? State the main objective of budgetary control. What are the
main steps in budgetary control?
NOTE : Disclosure of identity by writing mobile number or making passing request on any

--- Content provided by‌ FirstRanker.com ---

page of Answer sheet will lead to UMC case against the Student.
2 | M-75828
(S12)-424

---