Download JNTUA MBA 2019 June 3rd Sem 17E00304 Cost and Management Accounting Question Paper

Download JNTUA (JNTU Anantapur) MBA (Master of Business Administration) 2019 June Supplementary 3rd Sem 17E00304 Cost and Management Accounting Previous Question Paper

Code: 17E00304

MBA III Semester Supplementary Examinations May 2019
COST & MANAGEMENT ACCOUNTING
(For students admitted in 2017 only)

Time: 3 hours Max. Marks: 60


All questions carry equal marks
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SECTION ? A
(Answer the following: (05 X 10 = 50 Marks)

1 State the important types of classification of cost and discuss each of them in detail.
OR
2 What is a cost sheet? Explain the purposes served by it.

3 Write short notes on the following:
(a) Periodic inventory system.
(b) Perpetual inventory system.
OR
4 Describe the functions and responsibilities of the purchase department.

5 What is labour turnover? How is it measured? What are its costs? How can they be reduced?
OR
6 What are the essential features of a good wage system? Explain time rate system.

7 Explain the significance, role and position of management accounting in a large organization.
OR
8 Explain the distinction between financial accounting and management accounting.

9 What are the various tools of analysis of financial statements? Critically examine each of them.
OR
10 Explain in detail about comparative profit and loss account.

SECTION ? B
(Compulsory question, 01 X 10 = 10 Marks)
11 Case Study:
A worker takes 9 hrs to complete a job on daily wages and 6 hrs on a scheme of payment by
results. His day rate is 75 paise an hour, the material cost of the product is Rs. 4 and the
overheads are recovered at 150% of the total direct wages. Calculate the factory cost of the
product under: (i) Piece work plan. (ii) Rowan plan. (iii) Halsey plan.

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