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BCom TY BCom Sem 6 BCom Sem 6 (2018 2019) Oct 2019 ATKT COST ACCOUNTING Question Paper - Mumbai University | munotes

BCom Sem 6 (2018 2019) Question Paper, Oct.pdf
TY BCOM · 1.3 MB · 1 May 2025

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Older exam Oct 2019 - ATKT FINANCIAL ACCOUNTING Semester-end · BCom sem 6 (2018 2019) → Newer exam Oct 2019 - ATKT BUSINESS ECONOMICS PAPERVI Semester-end · BCom sem 6 (2018 2019) →

Questions asked in this paper

  • 2. Figures to the right indicate full marks
  1. Q3 Working notes should form the part of 1, a) the most appropriate option and rewrite the full
  2. Q1 Normal penalties of contract are debited to LV
  3. Q2 makes the cost Cost Ledger Control A/E these?
  4. Q3 The difference between quantity by standard price is = into Debited price of
  5. Q5 =Control account represents value of finished goods in stock WIP Ledger of these to Normal to Profit & Loss to Credited to Process and variable cost to sales is 70%, contribution is The primary-besefit-of Activity Based Costing is to provide “Process tput is 25000 units, Normal loss 3000 units, abnormal loss is 2000 30,000 None of the above
    • Q.P. Code
  6. Q10 Cost drivers for customer order processing are —
    • b) whether the following statements are False (Any Seven) 1, costing is the technique of
  7. Q3 labour is debited to contrdl
  8. Q4 P/V Ratio is improved by Cost:
  9. Q5 Material returned to Credited
  10. Q6 process, invisible no realizable values
  11. Q7 arising on Profit &
  12. Q9 level costs occur once for each unit produced
  13. Q10 A Firm incurs a loss when contribution is Fixed Cost>
  14. Q2 VNK Pvt. Ltd. is manufacturing a .passes-through three consecutive processes i.e. and Protess.K.T he following figures have been taken from their books forthe year March, Prepare process accounts and normal loss account Gokul Enterprises Ltd. provides you the following information 15 March, 2017 about Process N, P and Cost of Basic Raw Materials per unit (=) & Dutput transferred to next Output sold at end of the 40%] Output transferred to Selling price of 15 marks
  15. Q3 Mohan contract on 1* April, 2016. The total contract price was it on December, 2017. The upto | from 01-04-2017 to The plant is subject to annual depreciation @25% decided that profit to be taken credit for should be that portion Het profit realized on completion of the contract which the certified value of 2017 bears to the total contract price Prepare contract account for the year ended.31* March, your calculation of profit to be credited to the Profit & for 31+ : particulars are available for the year ended Contract Price (inclusive.of.Road making) = 30,00,000 % of cash received Value of Plant 3,00,000 Period Of Plant the year. 10 ota ‘administrative expenses incurred during the current accounting year These are to be charged to the two contracts in proportion to of Plant is to be rate of 12.5% p.a tWo'contract accounts showing the profit or loss on each contract for sum. which you considered appropriately transferable to the = 4, Following are the balances in cost ledger of a manufacturing ork-in-progress Ledger = Transaction for the year ended Materials issued to as : Value of fi Closing stock of finished goods units & in & if selling price is reduced by 10% 15 marks
    • P. Code 0 From the followi lat teria ur Rate Variance and Labour Efficiency = Standard for 10 units of Whatare the features of Contract: ) guish between Joint Pro ct
  16. Q5 short notes on any thrée ofthe 1
    • a) Activity Based
    • b) Target costing
    • d) Material

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