Download PTU B.Com (Bachelor of Commerce) 2020 December 2nd Sem 75828 Cost Accounting Previous Question Paper
Roll No.
Total No. of Pages : 02
Total No. of Questions : 18
B.Com. (Hons.) (2018 Batch) (Sem. ?2)
COST ACCOUNTING
Subject Code : BCOM-201-18
M.Code : 75828
Time : 3 Hrs. Max. Marks : 60
INST RUCT IONS T O CANDIDAT ES :
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.
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
Write briefly :
1.
Life Cycle Costing
2.
BEP
3.
Job costing
4.
Minimum Level
5.
Prime Cost
6.
Machine Hour Rate
7.
Target Costing
8.
Margin of Safety
9.
Zero Base Budget
10. LIFO
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SECTION-B
UNIT-I
11. Calculate (a) Prime Cost (b) Works Cost and (c) Cost of production from the under
mentioned figures:
Particulars
Rs.
Factory expenses
30,000
Administration expenses
20,000
Labour
25,000
Material
35,000
Selling expenses
10,000
12. Define :
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
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.
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
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
page of Answer sheet will lead to UMC case against the Student.
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This post was last modified on 13 February 2021