Download PTU (I.K. Gujral Punjab Technical University Jalandhar (IKGPTU) M.Com 2020 March (Master of Commerce) 2nd Sem 75932 Management And Cost Accounting Previous Question Paper
Roll No. Total No. of Pages : 02
Total No. of Questions : 17
M.Com. (2018 Batch) (Sem.?2)
MANAGEMENT AND COST ACCOUNTING
Subject Code : MCOP-202-18
M.Code : 75932
Time : 3 Hrs. Max. Marks : 60
INSTRUCTIONS TO CANDIDATES :
1. SECTION-A contains EIGHT questions carrying TWO marks each and students
have to attempt ALL questions.
2. SECTION-B consists of FOUR Subsections : Units-I, II, III & IV. Each Subsection
contains TWO questions each carrying EIGHT marks each and student has to
attempt any ONE question from each Subsection.
3. SECTION-C is COMPULSORY and consist of ONE Case Study carrying TWELVE
marks.
SECTION-A
Write short notes on the following :
1. Indirect Material
2. Investment Activity
3. Abnormal Loss
4. Variable Cost
5. Job Costing
6. Debtor Turnover Ratio
7. Direct Expenses
8. Contract Costing
SECTION-B
UNIT-I
9. Calculate Economic Order Quantity from the following data :
Annual Demand 2,400 Units
Ordering Cost per order Rs. 100
Annual carrying cost per unit Rs. 12
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1 | M-75932 (S32)-871
Roll No. Total No. of Pages : 02
Total No. of Questions : 17
M.Com. (2018 Batch) (Sem.?2)
MANAGEMENT AND COST ACCOUNTING
Subject Code : MCOP-202-18
M.Code : 75932
Time : 3 Hrs. Max. Marks : 60
INSTRUCTIONS TO CANDIDATES :
1. SECTION-A contains EIGHT questions carrying TWO marks each and students
have to attempt ALL questions.
2. SECTION-B consists of FOUR Subsections : Units-I, II, III & IV. Each Subsection
contains TWO questions each carrying EIGHT marks each and student has to
attempt any ONE question from each Subsection.
3. SECTION-C is COMPULSORY and consist of ONE Case Study carrying TWELVE
marks.
SECTION-A
Write short notes on the following :
1. Indirect Material
2. Investment Activity
3. Abnormal Loss
4. Variable Cost
5. Job Costing
6. Debtor Turnover Ratio
7. Direct Expenses
8. Contract Costing
SECTION-B
UNIT-I
9. Calculate Economic Order Quantity from the following data :
Annual Demand 2,400 Units
Ordering Cost per order Rs. 100
Annual carrying cost per unit Rs. 12
2 | M-75932 (S32)-871
10. Define the following :
a) Apportionment of overhead
b) Variable overhead
UNIT-II
11. Given the following, Calculate profit volume ratio and profit when sales are 20,000 :
a) Fixed cost Rs.4,000
b) Breakeven point Rs. 10,000
12. What is budgetary control? State the main objectives of budgetary control. What are the
main steps in budgetary control?
UNIT-III
13. ?Management accounting is a decision making process?'. Elaborate.
14. Define Cost accounting. Discuss briefly its important objective in a business firm.
UNIT-IV
15. What do you mean by the liquidity of a firm? How can the liquidity of a firm be
assessed?
16. Define the following :
a) Fund Flow Statement
b) Interest Coverage Turnover Ratio
SECTION-C
17. Case Study :
There is general recession in the country which is considered to be a temporary nature
and the company, in which you are employed as a Cost Accountant, does not want to
retrench personnel. An order is available for a product at a selling price which evidently
is below the cost of production.
Question :
What advice would you give to the management regarding this, and why?
NOTE : Disclosure of Identity by writing Mobile No. or Making of passing request on any
page of Answer Sheet will lead to UMC against the Student.
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This post was last modified on 31 March 2020