Guru Gobind Singh Indraprastha Vishwavidyalaya 2010 B.B.A Management accounting - Question Paper
(Please write your Exam Roll No.) Exam Roll No.
_Third Semester |BBA/BBa(TTM)1 December-2010_
Paper Code: BBA/BBA(TTM)209 Subject: Management Accounting
Paper Id-17207/50207
Time : 3 Hours Maximum Marks :75
Note: Attempt any five questions including Q. 1 which is compulsory.
Q.l. Differentiate between:
/
v
\
(a) Financial accounting and cost accounting
(b) Marginal costing and absorption costing
(c) Cash flow statement and funds flow statement
(15)
Q: 2. (a) Everything has two aspects to it. Justify in case of a business with suitable illustrations. (8)
(b) Cost control is the ultimate goal of any business. Comment (7)
Q: 3. S Ltd. is a power generation company . They expect an increase in demand by 35,000 units next year. They wish to ascertain the total cost at this level in order to devise suitable cost strategy.
Compute tne total cost at 1, 90,000 units,.identify the fixed and variable component and advise on the necessary budgeting technique.
Volume of production (in units) 1,00,000 1,50,000
Expenses (in Rs.)
Indirect Material Indirect Work Charges Technical Staff Repairs and Maintenance Supervision Traveler Expenses
2.24.000 3,00,000
40.000 40,000
Q.4. Following are the income statements of W Ltd. for 2008 and 2009
|
Profit and Loss Account | ||
|
2008 |
2009 | |
|
Income |
Rs. |
Rs. |
|
Sales |
20,00,000 |
25,00,000 |
|
Dividend Income |
60,000 |
35,000 |
|
Total Income |
20,60,000 |
25,35,000 |
|
Expenditure | ||
|
Purchases |
6,00,000 |
7,00,000 |
|
Manufacturing expense |
3,00,000 |
4,00,000 |
|
Office expenses |
2,50,000 |
2,10,000 |
|
Selling expenses |
2,00,000 |
3,50,000 |
|
Depreciation |
50,000 |
60,000 |
|
Interest paid |
25,000 |
30,000 |
|
PBT |
6,35,000 |
7,85,000 |
|
Provision for Tax |
1,20,000 |
1,50,000 |
|
PAT |
5,15,000 |
6,35,000 |
|
Proposed Dividend |
50,000 |
60,000 |
|
Reserves and surplus |
4,65,000 |
5,75,000 |
Additional information:
|
2008 |
2009 | |
|
Share capital |
25,00,000 |
35,00,000 |
|
Secured Loans |
8,00,000 |
10,00,000 |
|
Creditors |
2,50,000 |
2,40,000 |
|
Inventory |
10,00,000 |
11,00,000 |
|
Debtors |
12,00,000 |
14,00,000 |
Comment upon:
(i) profitability
(ii) return generation
(iii)liquidity
(15)
Q.5. From the following data of AB Ltd., calculate
(a) P/ V Ratio
(b) Break -even sales
(c) Sales required to earn profit of Rs. 8,00,000 Fixed Expenses = Rs. 1,00,000
Variable Cost per unit:
Direct Material = Rs. 7
Direct Labour = Rs. 2
Direct Overheads = 100% of Direct Labour Selling price per unit = Rs. 15
(15)
Q.6. Comment upon:
(a) Dupont Analysis
(b)Utility of Cash Flow Statement
(c) Budgetary control
(15)
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|
Attachment: |
| Earning: Approval pending. |
