Bharathidasan University 2009 M.B.A Barathidasan University Management Accounting - Question Paper

To Net profit 1,20,000 2,10,000 2,10,000
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(or)
(b). elaborate the kinds of working capital ?

14. (a). Prepare a Marginal Cost Statement from the subsequent details:

Particulars Rs. Variable Cost: Direct Materials Direct Wages Factory Overheads
Fixed Cost: Administrative Expenses Total Cost Profit Sales 9,000 5,000 3,000 17,000 2,500 19,500 10,500 30,000
(or)
(b). obtain out profit from the subsequent data;
Sales Rs. 80,000; Marginal cost Rs. 60,000; Break even sales Rs. 60,000

15. (a). Prepare a production budget for three months ending March 31, 1999 for a factory producing four products, on the basis of the subsequent info
kind of Product Estimated Stock on
Jan.1 1999 (units) Estimated Sales during Jan-Mar’99 (units) Desired Closing Stock on Mar’31 1999 (units)
A 2,000 10,000 3,000
B 3,000 15,000 5,000
C 4,000 13,000 3,000
D 3,000 12,000 2,000
(or)
(b). From the subsequent info compute
(i). Labour Cost Variance and (ii) Labour rate variance
Standard hours 40 at Rs.3 per hour, true hours 50 at Rs.4 per hour.

part - C (5 x 8=40 Marks)
16. (a). Distinguish ranging from Financial Accounting and Management Accounting.
(or)
(b). The subsequent are the balance sheet of a concern for the year 1981 and 1982. Prepare a comparative balance sheet and study the financial position of the concern.


Balance sheet as on 31st December Liabilities 1981 1982 Assets 1981 1982 Equity share capital
Reserves & surplus Debentures Long term loans on mortgage Bills payable Sundry creditors
Other current liabilities 6,00,000 3,30,000 2,00,000 1,50,000 50,000 1,00,000 5,000 8,00,000
2,22,000 3,00,000 2,00,000 45,000 1,20,000 10,000 Buildings Machinery Furniture Other fixed assets
Cash in hand Bills receivable Sundry debtors Stock Prepaid expenses 3,70,000 4,00,000 20,000 25,000 20,000 1,50,000 2,00,000 2,50,000 - 2,70,000 6,00,000 25,000 30,000 80,000 90,000 2,50,000 3,50,000 2,000 14,35,000 16,97,000 14,35,000 16,97,000

17. (a). The subsequent is the Balance Sheet of a company as on 31st March.:
LIABILITIES Rs. ASSETS Rs. Share capital Profit and Loss account General Reserve 12% Debentures Sundry Creditors Bills Payable 2,00,000 30,000 40,000 4,20,000 1,00,000 50,000 Land and Buildings
Plant and Machinery Stock Sundry debtors Bills receivable Cash at bank 1,40,000 3,50,000
2,00,000 1,00,000 10,000 40,000 Calculate: (i). Current ratio; (ii). Quick ratio (iii) Proprietary ratio (iv).Capital gearing ratio

Earning:   Approval pending.