Download JNTU-Hyderabad MBA 3rd Sem R17 2019 May 743AQ Strategic Management Accounting Question Paper

Download JNTUH (Jawaharlal Nehru Technological University Hyderabad) MBA (Master of Business Administration) 3rd Semester (Third Semester) R17 2019 May 743AQ Strategic Management Accounting Previous Question Paper



Code No: 743AQ
JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD
MBA III Semester Examinations, April/May-2019
STRATEGIC MANAGEMENT ACCOUNTING
Time: 3hours Max.Marks:75

Note: This question paper contains two parts A and B.
Part A is compulsory which carries 25 marks. Answer all questions in Part A. Part B
consists of 5 Units. Answer any one full question from each unit. Each question carries
10 marks and may have a, b, c as sub questions.

PART - A 5 ? 5 Marks = 25

1.a) Distinguish between direct and indirect expenses. [5]
b) Explain Unit costing. [5]
c) What is key or limiting factor? [5]
d) What is diversification of products? [5]
e) Distinguish between standard costing and budgetary control. [5]

PART - B 5 ? 10 Marks = 50

2. Discuss the various cost concepts. What is the managerial use of classification of
costs? [10]
OR
3. State the differences between Financial Accounting, Cost Accounting and Management
Accounting. Explain how financial accounts are inadequate to measure the performance
of an industry. [10]

4. Below is the enumerated expenditure in the manufacture of Commodity X:
Three months ended
31-12-1999
Raw materials 28,000
Fuel 6,900
Electric power 1,340
Process and general wages 63,500
Repairs 2,400
Haulage 1,060
Light & Water 400
Rent 2,000
Rates and Insurance 300
Office salaries and general expenses 7,000
Administration (office) 5,000
Depreciation on Machinery 2,500
Total 1,20,400
Tons manufacturers 17,200
Prepare a Cost-Sheet showing the cost per each item of expenses and total cost per ton
for the period. [10]
OR




R17

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Code No: 743AQ
JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD
MBA III Semester Examinations, April/May-2019
STRATEGIC MANAGEMENT ACCOUNTING
Time: 3hours Max.Marks:75

Note: This question paper contains two parts A and B.
Part A is compulsory which carries 25 marks. Answer all questions in Part A. Part B
consists of 5 Units. Answer any one full question from each unit. Each question carries
10 marks and may have a, b, c as sub questions.

PART - A 5 ? 5 Marks = 25

1.a) Distinguish between direct and indirect expenses. [5]
b) Explain Unit costing. [5]
c) What is key or limiting factor? [5]
d) What is diversification of products? [5]
e) Distinguish between standard costing and budgetary control. [5]

PART - B 5 ? 10 Marks = 50

2. Discuss the various cost concepts. What is the managerial use of classification of
costs? [10]
OR
3. State the differences between Financial Accounting, Cost Accounting and Management
Accounting. Explain how financial accounts are inadequate to measure the performance
of an industry. [10]

4. Below is the enumerated expenditure in the manufacture of Commodity X:
Three months ended
31-12-1999
Raw materials 28,000
Fuel 6,900
Electric power 1,340
Process and general wages 63,500
Repairs 2,400
Haulage 1,060
Light & Water 400
Rent 2,000
Rates and Insurance 300
Office salaries and general expenses 7,000
Administration (office) 5,000
Depreciation on Machinery 2,500
Total 1,20,400
Tons manufacturers 17,200
Prepare a Cost-Sheet showing the cost per each item of expenses and total cost per ton
for the period. [10]
OR




R17





5. Distinguish between:
a) Controllable costs and uncontrollable costs.
b) Job costing and process costing. [5+5]

6. XYZ Ltd. supplies the following information data for the year ending 31
st
December
2018
Production 1100 units
Sales 1,000 units
There was no opening stock
Variable manufacturing cost per unit Rs.70
Fixed manufacturing overhead (total) Rs.22,000
Variable selling and administration overhead per unit Rs. 50
Fixed selling and administration overhead Rs.4000
Selling price per unit Rs.150
Prepare Income statement under marginal costing. [10]
OR
7. Explain application of Marginal costing in terms of cost control and closing down a
plant. [10]

8.a) Explain briefly about Cost-volume-profit analysis.
b) How contribution is related to Profit. Explain. [5+5]
OR
9. XYZ Ltd. which produces three products furnishes the following data
Products
A B C
Selling price per unit (Rs.) 100 75 50
Profit/Volume ratio 10% 20% 40%
Maximum sales potential (units) 40,000 25,000 10,000
Raw material content as % of Variable cost 50% 50% 50%

The fixed expenses are estimated at Rs. 6,80,000 . The company uses a single raw
material in all the three products. Raw material is in short supply and company has a
quota for the supply of raw materials of the value of Rs.18,00,000 for the year for the
manufacture of its products to meet its sales demand.
Calculate a) set a product mix which will give the maximum overall profit keeping the
short supply of raw material b) maximum profit. [10]














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Code No: 743AQ
JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD
MBA III Semester Examinations, April/May-2019
STRATEGIC MANAGEMENT ACCOUNTING
Time: 3hours Max.Marks:75

Note: This question paper contains two parts A and B.
Part A is compulsory which carries 25 marks. Answer all questions in Part A. Part B
consists of 5 Units. Answer any one full question from each unit. Each question carries
10 marks and may have a, b, c as sub questions.

PART - A 5 ? 5 Marks = 25

1.a) Distinguish between direct and indirect expenses. [5]
b) Explain Unit costing. [5]
c) What is key or limiting factor? [5]
d) What is diversification of products? [5]
e) Distinguish between standard costing and budgetary control. [5]

PART - B 5 ? 10 Marks = 50

2. Discuss the various cost concepts. What is the managerial use of classification of
costs? [10]
OR
3. State the differences between Financial Accounting, Cost Accounting and Management
Accounting. Explain how financial accounts are inadequate to measure the performance
of an industry. [10]

4. Below is the enumerated expenditure in the manufacture of Commodity X:
Three months ended
31-12-1999
Raw materials 28,000
Fuel 6,900
Electric power 1,340
Process and general wages 63,500
Repairs 2,400
Haulage 1,060
Light & Water 400
Rent 2,000
Rates and Insurance 300
Office salaries and general expenses 7,000
Administration (office) 5,000
Depreciation on Machinery 2,500
Total 1,20,400
Tons manufacturers 17,200
Prepare a Cost-Sheet showing the cost per each item of expenses and total cost per ton
for the period. [10]
OR




R17





5. Distinguish between:
a) Controllable costs and uncontrollable costs.
b) Job costing and process costing. [5+5]

6. XYZ Ltd. supplies the following information data for the year ending 31
st
December
2018
Production 1100 units
Sales 1,000 units
There was no opening stock
Variable manufacturing cost per unit Rs.70
Fixed manufacturing overhead (total) Rs.22,000
Variable selling and administration overhead per unit Rs. 50
Fixed selling and administration overhead Rs.4000
Selling price per unit Rs.150
Prepare Income statement under marginal costing. [10]
OR
7. Explain application of Marginal costing in terms of cost control and closing down a
plant. [10]

8.a) Explain briefly about Cost-volume-profit analysis.
b) How contribution is related to Profit. Explain. [5+5]
OR
9. XYZ Ltd. which produces three products furnishes the following data
Products
A B C
Selling price per unit (Rs.) 100 75 50
Profit/Volume ratio 10% 20% 40%
Maximum sales potential (units) 40,000 25,000 10,000
Raw material content as % of Variable cost 50% 50% 50%

The fixed expenses are estimated at Rs. 6,80,000 . The company uses a single raw
material in all the three products. Raw material is in short supply and company has a
quota for the supply of raw materials of the value of Rs.18,00,000 for the year for the
manufacture of its products to meet its sales demand.
Calculate a) set a product mix which will give the maximum overall profit keeping the
short supply of raw material b) maximum profit. [10]



















10. Float glass manufacturing company requires to present the budget for the next year
from the following information:
Sales :
Toughened glass Rs.6,00,000
Bent glass Rs.2,00,000
Direct material cost 60% of sales
Direct wages 20 workers @Rs.150 per month
Factory overheads:
Indirect labour
Works manager Rs. 500 per month
Foreman Rs.400 per month
Stores and spares 2.5% on sales
Depreciation machinery Rs.12,600
Light and Power Rs.3,000
Repairs and maintenance Rs.8000
Others Sundries 10% on direct wages
Administration selling and distribution expenses Rs. 36,000 per year [10]
OR
11. Explain the following:
a) Performance budget
b) Cost Audit
c) Standard costing and marginal costing. [10]



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This post was last modified on 23 October 2020