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B.B.A. LL.B. (Five Years) Sem 3 Cost and Management Accounting 2019 Dec Question Paper with Solutions

KSLU Solved Question Papers

Cost and Management Accounting

Previous Year Question Paper with Solution

B.B.A. LL.B. (Five Years) · Sem 3

2019 Dec Examination

munotes.in

Mumbai

First published on munotes.in on 1 November 2026.

Published by munotes.in, Mumbai.

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The question paper reproduced here is the paper as set by Karnataka State Law University at the 2019 Dec examination.

The questions below are the paper as Karnataka State Law University set it at the 2019 Dec examination, in the order it was set.

MarksPage

The Paper as Set

The questions in this volume are the questions asked at the 2019 Dec examination, reproduced as Karnataka State Law University set them, in the order it set them. Long reading passages are shortened to their first and last lines and our summary; the original paper prints them in full. Only the answers are ours. See the original question paper.

Duration 3 hours · Total marks 80 · 20 questions answered

How to use this volume

Solve the paper first, under exam conditions and against the clock. Then read the answers here and mark your own. Reading a solution before attempting the question feels productive and teaches very little, because recognising an answer is not the same as being able to write one.

Read the original question paper

Q1

Unit I

(a)Prepare flexible budget at 80% and 100% capacity. The following particulars are given at 60% capacity.[10]

Answer

The figures given in the question

Particulars	Rs.
Variable Overhead
Indirect labour	1,800
Indirect material	600
Semi-Variable Overheads :
Electricity (40% fixed)	30,000
Repair and maintenance (20% variable)	3,000
Fixed Overhead :
Depreciation	15,550
Insurance	5,000
Salaries	15,000
Total Overhead	70,950
Estimated Labour hrs.	1,80,000 hrs.

For full marks, cover: the labour hours at 80 and 100 per cent; the split of electricity and repairs into fixed and variable parts; the flexible budget of overheads at 60, 80 and 100 per cent; the overhead rate per labour hour at each level; a check by behaviour; and a conclusion.

Working notes

Labour hours. 60 per cent capacity is 1,80,000 hours, so 1 per cent is 3,000 hours. At 80 per cent the hours are 3,000 × 80 = 2,40,000, and at 100 per cent 3,000 × 100 = 3,00,000.
Variable items rise in proportion: by 80/60 at 80 per cent and by 100/60 at 100 per cent. Indirect labour at 80 per cent is 1,800 × 80/60 = 2,400.
Electricity of 30,000 is 40 per cent fixed: fixed 30,000 × 40/100 = 12,000, variable 18,000.
Repairs and maintenance of 3,000 are 20 per cent variable: variable 3,000 × 20/100 = 600, fixed 2,400.
Fixed overheads are 15,550 + 5,000 + 15,000 = 35,550 at every level.

Flexible budget of overheads

Particulars	60 per cent (Rs)	80 per cent (Rs)	100 per cent (Rs)
Indirect labour	1,800	2,400	3,000
Indirect material	600	800	1,000
Electricity	30,000	36,000	42,000
Repairs and maintenance	3,000	3,200	3,400
Depreciation	15,550	15,550	15,550
Insurance	5,000	5,000	5,000
Salaries	15,000	15,000	15,000
Total, overheads	70,950	77,950	84,950
Labour hours	1,80,000	2,40,000	3,00,000

Electricity at 80 per cent is 12,000 + 18,000 × 80/60 = 36,000, and at 100 per cent 12,000 + 18,000 × 100/60 = 42,000. Repairs are 2,400 + 600 × 80/60 = 3,200 and 2,400 + 600 × 100/60 = 3,400.

Overhead rate per labour hour

At 60 per cent: 70,950 / 1,80,000 comes to about 0.394 rupee an hour.

At 80 per cent: 77,950 / 2,40,000 comes to about 0.325 rupee an hour.
At 100 per cent: 84,950 / 3,00,000 comes to about 0.283 rupee an hour.

Check by behaviour

At 60 per cent, variable overheads are 1,800 + 600 + 18,000 + 600 = 21,000, and fixed overheads 12,000 + 2,400 + 35,550 = 49,950.

Particulars	80 per cent (Rs)	100 per cent (Rs)
Variable overheads	28,000	35,000
Fixed overheads	49,950	49,950
Total, overheads	77,950	84,950

Variable overheads are 21,000 × 80/60 = 28,000 and 21,000 × 100/60 = 35,000.

Conclusion. The flexible budget shows overheads of Rs 77,950 at 80 per cent and Rs 84,950 at 100 per cent capacity. At 60 per cent they are Rs 70,950. The overhead rate per labour hour falls from about Rs 0.394 to about Rs 0.325 and Rs 0.283. Fixed overheads of Rs 49,950 are spread over more hours.

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