FirstRanker Logo

FirstRanker.com - FirstRanker's Choice is a hub of Question Papers & Study Materials for B-Tech, B.E, M-Tech, MCA, M.Sc, MBBS, BDS, MBA, B.Sc, Degree, B.Sc Nursing, B-Pharmacy, D-Pharmacy, MD, Medical, Dental, Engineering students. All services of FirstRanker.com are FREE

📱

Get the MBBS Question Bank Android App

Access previous years' papers, solved question papers, notes, and more on the go!

Install From Play Store

Download JNTU-Hyderabad MBA 3rd Sem R15 2018 Dec 723AG Strategic Management Accounting Question Paper

Download JNTUH (Jawaharlal Nehru Technological University Hyderabad) MBA (Master of Business Administration) 3rd Semester (Third Semester) R15 2018 Dec 723AG Strategic Management Accounting Previous Question Paper

This post was last modified on 23 October 2020

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



Firstranker's choice


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

FirstRanker.com


Code No: 723AG


R15

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


JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD


MBA III Semester Examinations, December - 2018


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

STRATEGIC MANAGEMENT ACCOUNTING


Time: 3hours


Max.Marks:75

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


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

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

10 marks and may have a, b, c as sub questions.

PART - A 5 × 5 Marks = 25

  1. What do you understand by ‘Activity Based Costing? [5]
  2. Explain the concept ‘Inter Process Profits'. When do they arise? [5]
  3. How is 'Key factor' helpful to Management in output decisions? [5]
  4. --- Content provided by FirstRanker.com ---

  5. Represent diagrammatically ‘Margin of safety' in terms of quantity and value. [5]
  6. How do you compute 'Labour Yield Variance'? [5]

PART - B 5 × 10 Marks = 50

  1. Narrate the importance of strategic management accounting in present market

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

    conditions? [10]
    OR
  2. The following data relate to the manufacture of a standard product during the four
    weeks ended 31st October, 2017.
    Raw materials consumed Rs.15,000

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

    Direct wages Rs.9,800
    Machine hours worked 2,300 Hrs.
    Machine Hour rated Re.0.50
    Office on cost 10% on works cost
    Selling on cost Re.0.10 per unit

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

    Units produced 19,030
    Units sold @ Rs.2 per unit 11,418
    You are required to prepare a cost sheet in respect of the above showing the cost of
    production per unit. [10]
  3. A cycle manufacturing company requires to quote for a contract for the supply of 500

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

    bicycles on 31st March. 2017. From the following details, prepare a statement
    showing the price to be quoted to give the same % of net profit on turnover as was
    realized during the previous six months.
    Stock of Materials on 1st July, 2016 Rs.50,000
    Stock of materials on31st December, 2016 Rs.7,000

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

    Purchase of materials during 6 months to 31st December, 2016 Rs.75,000
    Factory wages Rs.1,50,000
    Indirect expenses Rs.25,000
    Sales Rs.2,70,000
    Completed stock in hand on 1st July, 2016 Nil

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

    Completed stock in hand on 31st December Rs.50,000
    The number of bicycles manufactured during six months was 2,000, including those
    sold and those in stock at the end of the period. The size of the bicycles and also the
    quality remain unchanged. However with effect from 1st January, 2017, wages were
    increased by 10% and that of materials by 15%.

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

    OR [10]
  4. A product is finally obtained after passing through three distinct processes. The
    following information is available from cost records:
    Process I Process II Process III Total
    Materials Rs.2,600 Rs.2000 Rs.1,025
    Direct wages Rs.2,250 Rs.3,680 Rs.5,625
    Production overheads Rs.1,400 Rs.7,330

    500 units @ Rs.4 per unit were introduced in process I. Production overheads were

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

    absorbed as a % on direct wages.
    The actual output and normal loss of respective processes are given below:
    Process I Process II Process III
    Output (units) 450 340 270
    Normal loss as a % on inputs 10% 20% 25%
    Value of scrap (per unit) Rs.2 Rs.4 Rs.5

    Prepare Process accounts and abnormal gain/loss accounts. [10]
  5. A company makes four components, namely A, B, C and D. The cost particulars are

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

    given below:
    A (Rs.) B (Rs.) C (Rs.) D (Rs.)
    Direct materials 80 100 100 120
    Direct labour 20 25 25 30
    Variable overhead 10 12 10 20
    Fixed overhead 15 23 20 20
    Output per Machine Hour (units) 4 2 3 3
    Machine Hours 125 160 160 180

    Advise the Management as to whether they should continue to produce all or some of
    these components or buy them from a supplier who has quoted the following prices:
    A: Rs.115; B:Rs.175; C:Rs.135; and D:Rs.185.

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

    OR [10]
  6. A businessman provides the following information:
    Production and sales at present: 25,000 units
    Sales at present: Rs.6,25,000
    P/V Ratio: 20%

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

    Fixed costs at present: Rs.4,80,000 p.a.
    Fixed cost when the plant is shut down:Rs.3,60,000 p.a.
    Advise the businessman whether the plant should be shut down and calculate the shut
    down point. If the existing sales (in units) are reduced by 5%, shall your decision be
    changed? [10]
  7. --- Content provided by FirstRanker.com ---

  8. What are the assumptions of Break even Analysis? In what respects the break even
    Principle is helpful to Management? What are its limitations?
    OR [10]
    1. The sales turnover and profit of a business unit during two years, 2015 and 2016 were
      as follows:

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

      Year Sales Profit
      2015 Rs.4,50,000 Rs.60,000
      2016 Rs.5,10,000 Rs.75,000

      You are required to calculate:
      i) P/V Ratio; ii) Sales required to earn profit of Rs.1,20,000; and iii) Profit made
      when sales are Rs.7,50,000.
    2. Explain different types of Inter firm comparison and their advantages. [5+5]
    3. --- Content provided by FirstRanker.com ---

  9. Mr. Ashok plans to prepare a cash budget for the next 3 months with a cash balance of
    Rs.45,000 on 01.04.2018. The following information is provided to you with the help
    of which determine the closing balance of cash as on 30th June, 2018.
    Sales (Rs.) Purchases (Rs.) Wages (Rs.) Expenses (Rs.)
    February 70,000 40,000 8,000 6,000
    March 80,000 50,000 8,000 7,000
    April 92,000 52,000 9,000 7,000
    May 1,00,000 60,000 10,000 8,000
    June 1,20,000 55,000 12,000 9,000

    Other Information:

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

    i) Period of credit allowed by suppliers: Two months,
    ii) 25% of sales are for cash and period of credit allowed to customers for credit sales:
    one month.
    iii) Delay in payment of wages and expenses: one month,
    iv) Income Tax of Rs.20,000 to be paid in June, 2015.

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

    b) What are the objectives of Management Audit?
    OR [6+4]
  10. What are the preparatory activities before installing standard costing system in an
    Organization?
    b) From the following data, calculate

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

    i) Price variance,
    ii) Usage variance,
    iii) Mix variance, and
    iv) Revised usage variance
    Material Standard Rate /kg. (Rs.) Standard Qnty. Actual Rate /kg. (Rs.) Actual Qnty.
    A 10 200 05 300
    B 20 300 10 600
    C 20 600 15 500

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

    [5+5]


--00000--


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

FirstRanker.com



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

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