Osmania University (OU) 2008 B.E Computer Science managerial economics - Question Paper
Code No. 4025
FACULTY OF ENGINEERING B.E. 3/4 (CE/CSE/IT)I-Sem. Suppl. Examination
June - 2008 Subject: Managerial Economics and Accountancy
Note : Answer all questions of Part A.
Answer five questions from Part B.
PART - A (25 Marks)
1. Define Managerial Economics.
2. Distinguish between firm and industry.
3. Demand F unction.
4. Briefly explain internal economies of scale.
5. Explain the concept of Law of Demand.
6. Monopoly and Duopoly.
7. Differentiate between Cash discount and Trade discount.
8. Why an analytical Petty Cash Book is maintained ?
9. What is a Trial Blance ?
10. How Bad debts are dealt in Final Accounts ?
11. Explain the scope of Managerial Economics, also explain its relationship with other sciences.
12. What is perfect competition ? How the price and output are determined under perfect competition ?
13. What is working capital ? Explain the factors determining working capital requirements of a firm.
14. What is demand forecasting. ? Explain different methods of demand forecasting,
15. (a) What are the managerial uses of Break-even Analysis ?
(b) ' Find out the Break-even point and sales value to earn a profit of Rs.60,000.
Selling price per unit Rs. 15 Variable Cost per unit Rs. 10 Fixed Cost per unit Rs. 1,50,000
16. A decision is to be made between two cmpeting projects which require an equal investment of Rs.50,000 and are expected to generate net cash flows as under:
Years 1 2 3 4 5 6
Project-1 25000 15000 10000 Nil 12000 6000
Project-II 10000 12000 18000 25000 8000 4000
The cost of capital of the company is 10 % which project should be chosen ? Evaluate the project proposals under pay back period.
17. Prepare Trading and Profit & Loss Account and Balance Sheet from the following particulars:
Trial Balance as on 31-12-2007.
|
Particulars |
Dr. Balance |
Cr. Balance |
|
Purchases |
16,000 |
-- |
|
Discount |
1,300 |
-- |
|
Wages |
6,500 |
-- |
|
Travelling Expenses |
500 |
-- |
|
Salaries |
2,000 |
-- |
|
Carriage Inwards |
275 | |
|
Insurance & Rent |
150 |
-- |
|
Commission |
825 |
-- |
|
Cash at Bank |
2,750 |
-- |
|
Sundry expenses |
355 |
-- |
|
Interest on loan |
100 |
-- |
|
Buildings |
4,000 |
-- |
|
Machinery |
2,000 |
-- |
|
Opening Stock |
5,750 |
-- |
|
S. Debtors |
3,250 |
.. |
|
Capital |
-- |
10,655 |
|
Sales |
-- |
30,000 |
|
Loan |
-- |
3,000 |
|
S. Creditors |
-- |
2,100 |
45,755 45,755
Adjustments:
1. Closing stock Rs.6000
2. Rent outstanding Rs.60
17. Prepare Trading and Profit & Loss Account and Balance Sheet from the following particulars:
Trial Balance as on 31-12-2007.
|
Particulars |
Dr. Balance |
Cr. Balance |
|
Purchases |
16,000 |
-- |
|
Discount |
1,300 |
-- |
|
Wages |
6,500 |
-- |
|
Travelling Expenses |
500 | |
|
Salaries |
2,000 |
-- |
|
Carriage Inwards |
275 | |
|
Insurance & Rent |
150 |
-- |
|
Commission |
825 |
-- |
|
Cash at Bank |
2,750 |
-- |
|
Sundry expenses |
355 |
-- |
|
Interest on loan |
100 |
-- |
|
Buildings |
4,000 |
-- |
|
Machinery |
2,000 |
-- |
|
Opening Stock |
5,750 |
-- |
|
S. Debtors |
, 3,250 | |
|
Capital |
-- |
10,655 |
|
Sales |
-- |
30,000 |
|
Loan |
-- |
3,000 |
|
S. Creditors |
-- |
2,100 |
45,755 45,755
Adjustments:
1. Closing stock Rs.6000
2. Rent outstanding Rs.60
C - 97/700
|
Attachment: |
| Earning: Approval pending. |
