B.Com. LL.B. (Five Years) Sem 3 Cost Accounting 2019 Jun Question Paper - KSLU

Questions asked in this paper

1. Q1 Explain the steps in material purchase procedure.
   Read the model answer
2. Q2 What is overhead ? Explain the different kinds of overheads.
   Read the model answer
3. Q3 Prepare Stores Ledger Account showing the issue of materials for the month of April 2018 under FIFO Method.
   Read the model answer
4. Q4 The following data of cost is related to a company for 31-03-2018.
   Read the model answer
5. Q5 'AB' Co. has 3 Production Departments and 1 Service Department. The following figures for a certain period is available :
   Read the model answer
6. Q6 Prepare Cash Budget for the three months ending 30th June, 2018 from the following given below :
   Read the model answer
7. Q7 Prepare a statement of cost using the following information :
   Read the model answer

Write short notes on any two of the following :

1. Q8 (i) Differences between Cost Accounting and Financial Accounting.
   Read the model answer
2. Q8 (ii) Elements of costs.
   Read the model answer
3. Q8 (iii) Labour Turnover.
   Read the model answer

Answer any two of the following :

1. Q9 (a) ABC and JIT analysis. Explain.
   Read the model answer
2. Q9 (b) Following transactions relates to the Receipts and Issue of Material 'X'.
   Read the model answer
3. Q9 (c) Calculate total earnings of a worker under Halsey plan and Rowan plan from the following :
   Read the model answer

Typed from the KSLU paper above. The paper is the original. Long reading passages are shortened here to their first and last lines and a summary.