[This question paper contains l6 printcd pages.

]
Your Roll No...............

Sr. No. of Question Paper z65t E

P*
Unique Papcr Code 2241140r OC

Name ofthe Paper Cost Accounting

Name of the Course B.Com. (H) CBCS

!
Semester IV {\
Duration : I Hours Maximum Marks : 75

Instructions for- Candidates

I - Write your Roll No. on the top immediately on receipt of this question paper.

2. Attempt all questions.

3. All questions carry equal marks.

4. Use of simple calculator is allowed.

5. Answers may be written either in English or in Hindi; but the same medium should be
used throughout the paper.

trr# *'frq ftear

1. StT q?a-wr S ffi fr sc{ fr(' rK, Btttfifd €enfr qt 3IsdIr
JtriF.nifi REs r

2. teft cea srfr+Er$ tt

3. tnt cQfr * 3iqr sfrrd tl
4. €FrRuT *a3ider 6 sq-abr St r.+afr tt
5. w sla-qr i5r rc?{ siffir qr Ga f6-fr qm' fiFIT d at6o, 6ma
{sfr 56d's'r rilLqq ('fi A 6tilr qrtrq I

P. T, ()
265 r ,

(a) I cscribe the rolc ttl'a c()s( zrccoulttant in a nranul-actrrring

rrrganrsirtion

(5)
(b1 D stinguish betu een:

l. Controllable and Uncontrollable Costs

ii. Product Costs and Pent-rd Costs
iii. Cost, Expensc and [-oss
ir. Relevant and Irrelevant Costs

( l0)
ia) ffiur drrda f arrra tsr6r fi qE-or or q+{ ffBqr
(D) ffia fi in-E:r-ar..6tBq:
, frrifra:itr $ffia arq-fr
i. tFnd drrrd 3it{ :rsfr drrrd

ii . nlr4ir, a+q 3ik 6rfr

iv. qrcifis :lk :rmd,Fr+ arrra

OR
qI

(a) Define th.

terms Fixed cost, variable Cost and semi-Variabre cost giving one
example o'each.
(6)
(b) ZEE is a p-oducr manufactured out of tlree raw materials M, N and
e. Each unit of
ZEE requir:s l0 kg, 8 kg and 6 kg of M, N and respectively. The re-order levels of
e,
M and N are 15,000 kg and 10,000 kg, respectively, while the minimum level ofe
is
2,500 kgs- fhe weekly production of ZEE varies from 300 to 500 units, while
the
u'eekly average production is 400 units.

You are reqt irod to compute:

(i) The ruinimum stock level of M;
(ii) The r raximum stock level of N; and
(iii) The r:-order level of e.
The fotlou.inlr addirional data are given:
2651 3

H iv a
Rc-qrlcr qurntily (ia fg) m,(m r5.m 20.(m
Dclivcry (il wcc*r)
Mbitrun 2 1 3
Ariarrga 3 s 4
Mulmrm a 6 ,
(e)

(a) c-S6 rrl $r tEr6{Er te E Hfiua drrm, cfi-{+dEr srrrd 3lk 3lti-
4lB(rt
cftcdi,iq ama rr<t T! qftfirftd :

(b) GEE drf, 6-d qra M, N 3lt{ o t frfila rr+ r'flr{ tr cEE Sr rdn
f6r$ 6) FzRr: 10 ffi, 8 Frf,l 3lt{ e ffi M, N 3lk o 6} rrErzrstf,r
ttfr tt u $k tt *T ga: sriu H{ (t-3fi'+{ *ea) rmr, 15,9619 fu-rn 3lt{
10,000 B.rn t, ffiB. o s'r qrdq kr{ 2,500 grn tr GEEfi €rqrFr
rFnfir 300 t 50o lftc ?r.F Ercdrjr-cdr r6dr t d-{fr grafto dt+ra
rFlrq;r 400 qa-r6r 6fdr tl
ergrir 6lR(t:

(i) M +r qrarT d6'H{;

(i0 N 6r nfu+aq d+.wt rltr
(iii) o i5,r gr: rrtrr mtt
fraafrfua sfrfte ier A('zt(' t:
MNQ
ga: nrtrr wqfr,'a4 2o,o0o 15,ooo 2o,o0o
Earr1etwTftE)
qfirfr243
sltsd 3 5 4
lftra-a 4 6 5

2. (a) In a factory there are 5 machines. You are roquired to calculate machine hour rate
for one machine from the following data.

Space occupied by the factory: 8,000Sq.ft.

Cost ofa machine: t20,000

PT.O
265 r
4

Space <rccupied by each machine: l,600Sq.fr.

Pos er consumption per machine is

@) t I .50 per working hour
Deprcciarion: 7.5 %o p.a.

Estimared life I0 years (working hours 2,000 p.a.)

Estimrted Repairs p.a. for this machine: 520

Rent & Rate: (9,000 p.a.

Lighting: {750 p.a. for all machines

Supervision: {1,500 p.a. (2/5 of the supervision

is for this machine)
Other charge: (4,000 p.a.

Three rnechanics are paid t250 per month.

(10)
(b) Explain the "ABC Analysis" rechnique
of material conaol. (5)

(a) (16.6REri f S arhi $r ffifua el.a t (16.e?f{ t fr(, rtlha Eisr a{

6I rprar *lB(r:
*rrmi Elafut-d en.a : 8,000 rrt g;ct
QiF c?tra 4t arrra : t 20,000

rdr ry?Er Frn t{r ,rqr TrrEr : 1,600 T4 SEt

cfr Telld E-aifi fi scin @ t1.s0 cfr 6rf de t

{sF{ ' 7.5% alntfi,

siTslha trr : 10 {* f6E +, de 2,OOO rfr

E$
f€ {rfra fBqFfia F{FF[ 6nrfr : 520 slfihfi
km rltr rr ' t9,000 ilfitn
c-6Rr aqR(aEfurr) '{ 750 alfitm srlt alnil *.
Rt
qfAItE-dr4-d
{ 1,5m Elfi-d.1 (q+AHE[ 6r
2/s {fr rnna *
fu('t)
2651 5

3rfl rJffi '. n,ggodrfftfi;

fa *i;ffi 4l t rdra a".cr orr t : ?2501

(b) sFrrfr fr{i"sr fi -(.06 Ertcur't{mfi fi qrcqr ABql

OR
qI

(a) Prepare Store Ledger using Weightod Average Mahod of valuing material issues from
the following details related to material "A":

I Opening Stock 2,000 5.00

3 Issued 1,500

Received 4,500 6.00

7 1,600
Returned to lron
8 100
departrent from the issue of
l5 Received 2 6.50

Returned to zuppliers from the material

l8 200
received on March 4
24 Received r,000 7.N

26 Issued 2,100

27 7.50
Received 1,200

3l Issued 2,E00

Use rates up to two decimal places. What is the quantity aod value of the material
consumed in the month of March?
( l0)

(b) what do you undentand by labour turnover? Enumerate the causes of labour
tumover.

{s)

P. T, O.
 265 r 6

(a) srrrfr "a" $ d.ifud frsreafua E-e<srf t drfr f6n zrt qra +
{ars-d
4I rilft-d 3ltsd Efu +t isqIq $r*- elr ilsr tqr fIB(,:

frfiur ffit. ETrtQ

1 mlM+ 2,000 500

3 artt
1,500

4 stqr
4,500 6.00

7ilt 1,500
g rfiIr(a FAem 6nn er* a]sr{fara ErcS 100

15 trrEr
2,4@ 5.50

4 rrr{ 6t rfiqr rrd 3nlfuBf s] dtcrqr

18 200
4qr
24 clqr 7flO
1,000

26 afi
qIqT
27 1,200 7.50

3t qft
2,800
Et qrrqa-{ ertd irfi fiidt 5r scqtrr f,rB(,r qr+ + rr6f} {
sciTfivet4) srIrr, fiI ,rn 3fr
{il sqr t?
(b) *{t -+rt)-ct t grc *rr sq-f,t t? {q 6Rl-{r{ fi 6rut 6l zrq-ar fiB(,r
3' (a) A product b completed in three consecutive pro€esses.
During a particular month the
input to hocess l of the basic raw material was 5,000
units at 2 per unit. other
information for the month was as foUows:

Process I Process 2 Proccss

Grtrut(Units) 4,7N 4,300 4,050
Normal loss as % of ioput 1Yo l@/o 5o/o

Scrap value per unit ({) I 5 6

Direct wages ({) 3,000 5,000 8,000
Direct expenss ({) 9,750 9,9t0 15,560
2651 7

Overhead {32,000 total, chargeable as percentage of direct wages. There were no

opening or closing work in-progress stocks. Prepare the process, normal loss,
abnormal loss and abnormal gain accounB.
(15)

3. (a) liF TflrE oflklfi fid cfrrqBfi f Wr efar tt r,-+ ntc rfri fi akra qa
fi-€t qrfr ffiqr 1+ frq *.€EI qiI2 cfe (B-c q{ 5,669 1fi-e ul ar6
4t a;q arr+rt 5€ qi6r S:
ffiqrt cfiqr2 cfirqr

m'tar araqft4 4,700. 4,300 4,050

e-qr qrer'trI grr{Fs EI.B SVo lOVo 59o

*c t-qlfa 1frc 1r1 1 5 6

e-aa a-d(t (n 3,000 5,000 8,000

raffi qq $ 9,750 9,910 15,560

c-sfr a-d-{tr fi ffirra h sq tr 6-fi 3f{{trE t 32,m0 terq r++ * tt$ sRerfi sr
3iftfr Rnfi aff qlt cla;qrgre, srxrq erffi, :rffrarar 6rM rlt<:rgrqra arrr
lEri tqR 4lBqr

OR
qt

The Hindustan Coostuction Company Limitd has undcrtaken the construction of a

bridge over the river Yamuna for a municipal corporation. The value of the contract
is Rs. 12,50,O00 subject to a retention 0f 20% until one ,€ar after the certified
completion of the contract, and final approval of the corpordion's engineer. The
following are the details as shom in the bookson3oth June 2000:

l,abour on site Rs. 4,05,000

Material dircct to site less retums Rs. 4,20,000

Material received from stores Rs. 81,200

Hire and use ofplant - plant upkeep aocount Rs. 12,100

Direct expenses Rs. 23,000

Ceneral overheads allocated to the contsact Rs. 37,100

P.T.O
2651
8

Material in hand <in 30th June 2000

Rs. 6.i00
Wagcs accrued/outstanding on j0th June 2000 Rs. 7,g00
Direct expenses accrued,/outstanding
on 30th June 2000 Rs. I,600
Work not yet certified by the Corporation
Engineer Rs. 16,500
Anount certifrcd by the Corporation Engineer
fu. I I,00,000
Cash reccived on eount Rs. g,E0,000
Prcpare (a) Contracl account; (b)
Contractee,s account; and (c) hou.the
relevant
items would appcar in the Balance
Sheet.

frt5tra <+rra *c-df Rfrfg-i ;rrr ftirry fi. Rv vgar.;r{r w t_e. ga

<nF.
6r frCur fu{I tr 3r-d{rr sr
til 12,s0,000 rq} t, af frrrfi t
31fr{ dTfuit€qrtr t. s{rFH ati <'r a{
*ftfr{{ *t
erE iFfi, 20% cfiqrsr * 3rtfr-d
t, tt s qa 2mo sil gm6f f F+tur ffiffiRr r(, F:
grfc q{ 4r{
5.4,05,000
xrts tr{ rlcs Eer fr ra6 sp741 5.4,20,000
et{ tcm {rrdf 5.8t,200
xq-* ry krqr 3lk Jsqh - *iqT rsrsr{ EEil 5'.12,100
rFIIil Af{r
5.23,000
ifiirr +- ftq arqEd sEna Jqkqq {.37,100
30 W 20@ 6i 6rq * srFfr 5'. 6,300
30 *n 2000 at sctfikh-+rsr rd:qtt 5. 7,800
30 En 2000 +t sqGhrf+rqr rrm aFr 5. 1,600
ftrrrr Jfr{iar <{Rr JrtrI il+, rrf,fi-d r& k.qr zrqr rir{ s. 16,500
frrrr $ff{a <{Er Fs,Fl.d {rffI 6. 11,00,000
ari * slq r€ 5. 8,80,000
+qrr fiB(' - (a) miiq snr; (o) qiwilt inT Grdt iltr tc) q-arft B- gra
w 1t-t* ei-c) f d-A:d qt fuF c-{R m &frt
 2651 9

4 The financial books ofa company reveal the fo owing data for the year endcd on
March 3 1, 2017.

Particulars Amount (Rs.)

Opening - Finished goods (E75 unirs) 74,375
W.I-P 32,000
Raw materials consumed 780,000
Direct Labour 4,50,mo
facrory overheads 3,oo:goo
Administratinn overheads 295,000
Croodwill written off 1,00,000
Dividends paid 85,m
Bsd dcbts
t2,000
Selling and distribution overtreads 61,000
Interest Received
45,000
Rcnt received 18,000
SEles (14500 units)
20,E0,000
Closing Stock - Finished goods (375 units) 41,250
W-I.P 38,667

the cost records provide as under :

- Factory overheads are absorbed at 60% ofdircct wages

- Adminis8ation overfoads are recovered at 20% of factory cost.
- Selling rnd distribution overheads are chargod at , 4 per unit sold.
- Opeoing stock of fiaished goods is valued at .
104 per unit
- The company values work-in-progress at hctory cost-both for finaacial and
cost profit reporting.
Required:
(a) Prcpar€ statem€nts for the year ended on March 3 l, 2017 and show
- the profrt as per financial rocords
- the profit as per costing records
(b) Present reconciliation statement reconciling profrts as per costing records with
the profits as per financial records

( l5)

PT.O.
265t l0

qai *qdf fi ffiq qqrt 3t qrt, ZO'n ei FErH q{ * frq frafrfua ta

q-6r 6.fdt 6r

fufisr rFtttl
cRFr6 - *sR xm (87s l+.rsd 74,375

$rt c-rrfr q{ 32,000

6Et art rr;qqtI 7E0,000

ITAIf, Tfr 4,50,000

srsri * 3iffiS 3,00,000

cansa ffifl
fi 295,000

HIfr 6I € ErA tr sar zrqr 1,00,000

aeirr a 1zr6ra 85,000

Eruir dsr 12,000

fd-itl 3lt{ frr{ur }it{rF{s 61,000

cIW ArcT 45,000

s1qffHrql 18,000

B6i (r4sm Fqd) 20,60,000

Glf;tzT l3Y6, - fun ara (37s T6r{d) 4t,250

*rf mfr vr 3E,667

2651 ll
Ea-"dsn-drrta fr*it sqra +-{e t:

- firrsri t =cft-drq naa rr<t *-6oyo qr rrs?fin-d 6ti 6

- lRnfl;r * sqft-eqq fiI ilrsli fi arrra +- 20yo qr rqa f+qr ildr tl
- fur.c alt{ E-drur jqftqc r 4 sR ffi 16 f6r$ t. F€rc t R(, drt tr
- tcr qre t'nffi'rr eY-+ ar til r to4 ffi 1fc fr; .
..:
- +vdf ftffiq 3it{ 6rmcr ErD{ ftt€?r EH fi ftq 6rqri 6I ilrra c{ 6rf_c-afr 6t
.rta tS tr
ZF'TAI f,IFC:

(a) 31 ar*, 2017 6t sarw E{ fi frs E-atur fuR 6lE('ittr rqramv -

. ffis fiEf6 + sgsn dn{
o Frrrtir t+Yg t :tlEHR drrr

(b) E-drq ffi6 t qwn gam $ snr arrra ffil + rgrn gart +I rm gv
$qrqrfr fff{ur q'ma
., 4tB('

OR

rn

(a) From the following dau, prepare a cost sheet for the year 201g.
Opening Stock of Raw Materials t3,00,000
Purchas€s t8,00,000
Closing Sock of Raw Materials t4,00,000
Caniage Outward t5O,000
Wages Direct {7,00,00O
Wages Indirect tl,00,000
Cbargcable Expenscs {2,00,0m
Rcnt and R tes: Factory <40,000
Office t5,000
Indirect Materials t15,000
Drawing Office Salaries { 10,000
Depreciation: Plant {5,000
Office Fumiture {1,000
Salary: Office t25,000
Salesmen {20,000
W.I.P.: l - l -20 t0 t20,000

P. T. O.
2651 t2

3l-12-2010 {t0,000
Sale of by Product ll0,00O
Other Frclory Expenses t57,000
Other Office Expenses {9,0O0
Managing Dircctor's Remuneration { 1,20,0,00
Other Sef,ing Expenses { 10,0O0
An Wort Charges a4O,O0O
Sock of Finished goods: l-l-2010 t10,000
3l-t2-2010 ts0,000
Traveling Expeos of Salesmen t I 1,000
Carriage Inward t10,000 :
Sales 130,0,000
Adv.arcc lncome Tax paid t I ,50,000
Adveitisqrcnt t20,000
M.D.'s remuneration to be allocated as (4{),000 to factory (20,000 to offrce and
{60,0O0 torales.
(r2)
(b)Distinguish between time keeping and tine booking.

(3)

m frsREa s@t t, E+ 2oI8 t fr('\.fiaua q?r6 +qR qrtt

6d eFT 61 3frqffiT Ri6. r3,oo,ooo

il-q {8,00,000

6zt:{rfr 61 3ifrT Rt6' a 4.00,000

+ft-{ 3flT.{6 r 50,m0

rrqt rar r/,00,000

rqt smnllr r 1,00,000

rnr{ qq ?,00,000

krqr3lt{* qffit r 40,000

6rqlF{ t 5,0m

3{r-flrF {Frfi a 1s,0m

3rr6{sr qir+trq a-d-d t 10,000

iBfur"ra: qte 15,000

 265r t3

6.rdrtr{r s-d-.r{ t 1,000

tra: *rdra.q r 25,000

ffid r 20,m0
Fr*-q-4fr: 1-1-2OtO ?0,000

31-12-m10 {10,000

sq fi f6t
rf,rq (10,000

r* q;egX *o r 57,000' :

:rar qrdftrq arq t9,000

ciiq frerr+ ar clftafi-+' al,20,000

sa frfi'q qq {10,m0

:rrt at rra' { 40,000

tqR qrfr 6r €ffi: l1-?01o 110,(x)0

31_12-N10 r50,000

e-6rl-d 6r qr:IT ar.r t 11,(m

+frfr td{t r 10,m0

R!f;I r30,00,000
gfiq:nc*'t t1,5(),0m ifi,r Trdrfr

ftTr
kflrq-a r 20,0@
sr$ 6r crfrr{A-*. il{sri *. sc f t ao,ooo, +rqtrq t sc f a 2o,o0o 3ltr
Fifir *, sc tr ( 60,000 *.sq f rmik frqr anmt

(b) er{E #tfrrr 3lk ET{

lB,r *.dte rat fifr(,t

5' (a) In a manufacturing company, overhead was recovered at predetermined rate ofRs 25
per man- day. The total factory expens€s incurred and
the man{a1a acnrally worked

PT.O.
 a

265 t t1

were Rs 4l .50 hkhs and I .50 lakh days respecrively.Out of the 40,000 units produced
during a period, 30,000 were sold.
On analysing the reasons, it was found that 60% of the unabsorbed over-heads were
due to dcfoctive planning and the rest were attributable io increases in overhead costs.
How would unabsorbed overheads be treated in cost accoutrts?
(s)

(b) Varua Linited is running four buses between Delhi and Alwar, covering a distance of
100 KMs. Ite seating capacity of qach bus is l() passengen. The following
particulars are obtained.ftom its books for the month ofOctober 20O9:

Wages.of drivcrs and conductors Rs. 9,600

Salaries of office staff Rs. 3,0O0

Honorarirm of accountant Rs. I,000

Diesel, oil etc. Rs. 16,000

Rqair and maintenance Rs. 3,200

Road tax and insurance Rs. 6,400

Dqreciation Rs. 10,400

lnterest and odrer charges Rs. 8,000

Actual pasmgers carried were 75o/o of the seating capacity. All the buses ran for 30
days. Each bus made one round trip per day.

Find our the fare the company should charge per passenger KM if it wants a profit of
20% on tbc taking.
(10)

5. (a) ('fi Belur *rrfi tr, dlil{ts 2s rrt cfr EqfiH 6I $ Etrtfra ar w
rga fiFqt zrqr qTl arrqri +r Ta s+ rik qrsE * flq fts rrc xFFt-
Ea m!r, ,{1.50 Fnq $k t.SO drs frd q1| gq 3r<fr fi Etra rflIfra
40,000 55qqt * $ 30,000 ffi Gr

anuil rr E?ilqsr +rA q{, z16 qrqr rrqr B'60% 3rfr{r'ilfrd 3R{€
Ar'$ q}rdr t, 6rsr * rltr rlc ffis arrrfr tr 1E *, 6rur tt

3ffd{tR-d Jcftqqf a} apra ont fr idfrorqr arzm

(b) EdI Jt{ rtrcr *. drq 190 hfr 4r (t tt5fr (tt s,} a-q +..ri i;frrrewr
Rftr qrt {S varqar rfr tr c-S+. {€ fi td 6t trFdr 40
"rS
265 t t5

qlB{it fi Br 3rq({{ 2oo9 *, T€ra fi Fq rs6r qffi+t t ffitr-a

kflw qrq frq rrq t'
qrtrfi E qtrErffi +r tra {. 9,600

6rqt{q i-ffi +r tra F. 3,ooo

ilsqra or ardtq 5. I,€[)o

trtrd, td $G E t6,o(n
qrsa gtr tursra F. 3,200 ...

tfs etr Jk rtqr r.6,400

{s6r{ 5.10,400

qra rlk 3Eq gffi r'. 8,000

'ErFE-+, qttrqt
6I arqr rqr H 4I srrnr .n 7s%
il tt qrfi Tg 30
frat a+'r# tt c-$fi rs cfr Ed tr+, q-mrrrnfr tt
qq +;rfr iti qr 2o7o rr artT qrd t di +q* +t cfr qrfi Rrfr fudr
fr{rqr *dr srfrre

OR

qT

(a) A truck starts with a load of l0 tonnes of goods from Porbandar. It unloads 4 tonnes at
station Ahmedabad aod rest goods at station Baroda. It reaches back directly to
Porbandar after getting reloaded with 8 tonnes of goods at Bamda. The distance
bctween Porbandar to Ahmedabad. Ahmdabad to Baroda and then from Baroda to
Porbandar are 40 kms, 60 hs and E0 kms respectively. Compute Absolute tonne
-
km and Commcrcial tonne-h.
(5)
(b) Explain how pu deal with the followhg iteoos in Cost Accountrng:

a. Irxt€rcst on capital

b. Researoh & Development expenses

(5)
(c) Distinguish betrveen joint products and by-products with the help of suitable
examples.

(s)

P. T. O.
265 t l6

(a) rr-fi E{ +rda{ t 10 cn }rrFr arftfiqr q e;r Sr6Tqrar{ rtrra qt

tt
rarrar t 3ik -r6t qre a-Ctqr €crd qt s-drrdr tt qe a-dlsr f 8 ra aftT
rr<fr rftr)'qIr+<t sFrs q{-{ ardr Rr mrri< t :rfrr<ra fi A-{ fi (tt,
rr6TairE t a-st<r 3lt{ fut ilst<r t qt{iia< 6I qft a;arr, +o fr-fi, oo
kt 31p 80 GE* tl ffiH za-Ffr rltt s6lfu6 za-Fldt 4;i asrar
frBct
(b) Eryr$s ft'rnc arrrd *€i+-d * ffifua a-sf t A;iil M 6:
it a .iil ET EzlEr :

b f;rFra w r+org qq.

(c) =rga <r6{uf fi rcnra t sg+a 3-flrqt 3ltr T6-Tflrd t {fE 3iil
ws *tB('t

(100)