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APRIL 2013 60147/BPZ6A/BPF6B

Time : Three hours Maximum : 75 marks

PART A — (10 × 2 = 20 marks)

Answer any TEN questions each in 30 words.
All questions carry equal marks.
1. Define costing.
AhUP¯À Áøµ¯Ö.
2. What is Tender?
öhshº GßÓõÀ GßÚ?
3. What is Contract account?
J¨£¢u PnUS GßÓõÀ GßÚ?
4. State the meaning of Work certified.
÷Áø» \õßÓΨ¦ Gߣuß ö£õ¸øÍz u¸P.
5. What is Abnormal loss?
A\õuõµn |mh® GßÓõÀ GßÚ?
6. What is Process costing?
£i•øÓ PnUQ¯À Gߣx ¯õx?
7. What do you mean by Operating costing?
ö\¯À AhUP¯À Gߣuß ö£õ¸Ò ¯õx?
8. What is transport costing?
÷£õUSÁµzx AhUP¯À GßÓõÀ GßÚ?
9. Define Marginal costing.
£UP»US AhUP¯À Áøµ¯Ö.
10. What is key factor?
£vÀ Põµo GßÓõÀ GßÚ?
11. What do you understand the term Angle of Incidence?
÷Põn® ÷©À ÂÊøP GßÓ £uzvøÚ }º GÆÁõÖ AÔÁõ´?
12. What is contribution?
£[PΨ¦ GßÓõÀ GßÚ?
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PART B — (5 × 5 = 25 marks)
Answer any FIVE questions each in 200 words.
All questions carry equal marks.

13. Distinguish between cost sheet and Production statement.

EØ£zv AÔUøPUS®, AhUP AÔUøPUS® EÒÍ ÷ÁÖ£õkPøÍz

u¸P.

14. Calculate profit that can be reasonably credited to Profit and

Loss account from the following details :

Notional profit Rs. 79,000

Cash received Rs. 3,30,000

Work certified Rs. 4,00,000

Contract price Rs. 6,00,000.

RÌUPõq® £µzvß ‰»® C»õ£ AÍÄ GÆÁÍÄ C»õ£ |mh

PnUQÀ ÁµÄ øÁUP¨£h ÷Ásk® GÚ PõsP.

P¸zv¯»õÚ C»õ£® ¹. 79,000

ö£ØÓ öµõUP® ¹. 3,30,000

\õßÓÎUP¨£mh ÷Áø» ©v¨¦ ¹. 4,00,000

J¨£¢u Âø» ¹. 6,00,000.

15. Product A is obtained after it passes through three distinct

processes. 2,000 kgs of material at Rs. 5 per kg were issued to
process. Direct wages amounted to Rs. 900 and production
overhead incurred was Rs. 500. Normal loss is estimated at 10%
of input. This wastage is sold at Rs. 3 per kg. The actual output
is 1,850 kgs. Prepare process account.
ö£õ¸Ò A Gߣx ‰ßÖ £i•øÓPøÍU Ph¢x EØ£zv BQßÓx.
C¨£i•øÓ°ß 2000 Q÷»õ ‰»¨ö£õ¸mPÒ ¹. 5 Ãu® EÒÏk
ö\´¯¨£kQÓx. ÷|µiU T¼ ¹. 900 ©ØÖ® EØ£zv ÷©Øö\»ÄPÒ
¹. 500 BS®. \õuõµn |mh® EÒÏmiß 10% PÈĨ ö£õ¸mPÒ
Q÷»õ JßÖ ¹. 3 Ãu® ÂØ£øÚ ö\´¯¨£kQÓx. Esø©¯õÚ
öÁΨ£õk 1850 Q÷»õ Qµõ®. £i•øÓ PnUQøÚ u¯õº ö\´P.

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16. From the following information, calculate total running

kilometers and total passenger kilometers.

Number of buses - 5

Days operated in a month - 25

Trips per day made by each bus -4

Distance of route -25 km ( one side)

Capacity of bus - 50 passengers

Average passenger travelling - 90% of capacity.

RÌUPõq® ÂÁµ[PÎß ‰»® ¤µ¯õoPÒ Q.« PõsP.

÷£¸¢xPÒ GsoUøP -–5

J¸ ©õuzvÀ Ki¯ |õmPÒ –25

JÆöÁõ¸ ÷£¸¢vß Kmh® –4

ö©õzu yµ® (J¸ ÁÈ) -– 25 Q.«

÷£¸¢x ¤µ¯õoPÎß öPõÒÍÍÄ –50 ÷£º

\µõ\›¯õP ¤µ¯õoPÒ ¤µ¯õn® –90% AÍÄ.

17. The following information relating to a company is given to you:

Rs.
Sales 4,00,000
Fixed cost 1,80,000
Variable cost 2,50,000
Ascertain how much value of sales must be increased for the
company to achieve break even.
J¸ {ÖÚzvß Â£µ[PÒ R÷Ç uµ¨£mkÒÍÚ.
ÂØ£øÚ ¹. 4,00,000
{ø»a ö\»Ä ¹.1,80,000
©õÖ£õmka ö\»Ä ¹. 2,50,000
{ÖÁÚ® \›\© ¦ÒΰøÚ AøhÁuØS ÷uøÁ¯õÚ ÂØ£øÚ
AÍÂøÚU PnUQkP.

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18. From the following data calculate

(a) PVR
(b) Variable cost
(c) Profit.
Sales Rs. 80,000
Fixed expenses Rs. 15,000
Break even point Rs. 50,000.
RÌPõq® £µ[Pμ¸¢x PnUQkP.
(A) PVR
(B) ©õÖ£õmk ö\»Ä
(C) C»õ£®.
ÂØ£øÚ ¹. 80,000
{ø»a ö\»Ä ¹. 15,000
\›\© ¦ÒÎ ¹. 50,000.

19. Explain the need of reconciliation of cost and financial accounts.

AhUP ©ØÖ® {v°¯À PnUQ¯¼ß \›UPmku¼ß ÷uøÁ°øÚ
ÂÁ›.

PART C — (3 × 10 = 30 marks)

Answer any THREE questions each in 500 words.

All questions carry equal marks.

20. Draft a specimen cost sheet with imaginary figures.

J¸ PØ£øÚ¯õÚ ©v¨¦hß Ti¯ AhUP AmhÁøn JßÔøÚ
u¯õº ö\´P.

21. The following was the expenditure on a contract for Rs. 6,00,000
commenced in February 2006.
Materials Rs. 1,20,000
Wages Rs. 1,64,400
Plant Rs. 20,000
Business charges Rs. 8,600.
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Cash received on account upto 31st December 2006 amounted to

Rs. 2,40,000 being 80% of work certified. The value of materials
on hand at 31.12.2006 was Rs. 10,000. Prepare contract account
for 2006 showing the profit to be credited to the year’s profit and
loss account. Plant is to be depreciated at 10%.
RÌUPõq® £µ[PÒ J¸ J¨£¢u PnUQ¼¸¢x
öPõkUP¨£mkÒÍx. J¨£¢u Âø» ¹. 6,00,000
‰»¨ö£õ¸ÒPÒ ¹. 1,20,000
T¼ ¹. 1,64,400
ö£õÔ ¹. 20,000
öuõÈØ ö\»ÄPÒ ¹. 8,600.
31–12–2006 Áøµ ö£Ó¨£mh öµõUP® ¹.2,40,000 CzöuõøP
\õßÓÎUP¨£mh ÷Áø»°ß ©v¨¤À 80% BS®. 31–12–2006–®
÷u]¯ \µUQ¸¨¦ ¹. 10,000. ö£õÔ «uõÚ ÷u´©õÚ® 10%. 2006®
BsiØS›¯ J¨£¢u PnUQøÚ²® ÷©¾® C»õ£ |mh PnUQÀ
ÁµÄ øÁUP¨£h ÷Ási¯ öuõøP°øÚ²® u¯õº ö\´P.

22. From the following information, prepare process account.

Process A Process B
Rs. Rs.
Material 30,000 3,000
Labour 10,000 12,000
Overheads 7,000 8,600
Input (units) 20,000 17,500
Normal loss 10% 4%
Sale of waste per unit (Rs) 1 2
Final output from process B (units) – 17,000

RÌUPõq® £µ[PøÍU öPõsk £i•øÓ PnUQøÚ u¯õº ö\´P.

£i •øÓ A £i •øÓ B
¹. ¹.
‰»¨ö£õ¸ÒPÒ 30,000 3,000
T¼ 10,000 12,000
÷©Øö\»ÄPÒ 7,000 8,600
EÒÏk (A»SPÒ) 20,000 17,500
\õuõµn |mh® 10% 4%
PÈÄ ÂØ£øÚ JßÖUS 1 2
£i•øÓ B °ß CÖv öÁΨ£õk (A»SPÒ) – 17,000

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23. From the following particulars, calculate the cost of running a

taxi per kilometer:
Number of taxies 10
Cost of each taxi Rs. 2,00,000
Salary of Manager Rs. 6,000 p.m
Salary of Accountant Rs. 5,000 p.m
Salary of Cleaners Rs. 2,000 p.m
Salary of mechanic Rs. 4,000 p.m
Garage rent Rs. 6,000 p.m
Insurance Premium 5% p.a
Annual tax Rs. 6,000 per taxi
Drivers salary Rs. 2,000 p.m per taxi
Annual repair Rs. 10,000 per taxi
Total life of a taxi is about 2,00,000 kms. A taxi runs in all
3,000 kms in a month of which 30% it runs empty. Petrol
consumption is one litre for 10 km. at Rs. 18 per litre. Oil and
other sundries are Rs. 50 per 100 kms.
RÌPsh uPÁÀPÒ ‰»® E¢x Ási°ß Q÷»õ «mhº Kmh
AhUPzvøÚ PnUQkP.
E¢x Ási°ß GsoUøP –10
JÆöÁõ¸ E¢x Ási°ß AhUPÂø» ¹. 2,00,000
÷©»õͺ Fv¯® ¹. 6,000 ©õu® JßÖUS
PnUPõͺ Fv¯® ¹. 5,000 ©õu® JßÖUS
_zvP›¨£Áº Fv¯® ¹. 2,000 ©õu® JßÖUS
£Êx£õº£Áº Fv¯® ¹. 4,000 ©õu® JßÖUS
Ch ÁõhøP ¹. 6,000 ©õu® JßÖUS
Põ¨¥mk •øÚ©® BskUS 5%
Á¸hõ¢vµ Á› ¹. 6,000 E¢x Ási JßÖUS
KmkÚº Fv¯® ©õu® ¹. 2,000 E¢x Ási JßÖUS
Á¸hõ¢vµ £Êx£õº¨¦ ¹. 10,000 Ási JßÖUS.
E¢x Ási°ß ö©õzu EøǨ¦ Põ»® 2,00,000 Q.«. ©õuzvÀ
3000 Q.« Ási KkQÓx. AvÀ 30% Põ¼¯õP EÒÍx. J¸ ¼mhº
ö£m÷µõ¾US 10 Q.« ö£m÷µõÀ J¸ ¼mhº Âø» ¹. 18 B°À
©ØÖ® Cuµ ö\»ÄPÒ 100 Q.« ¹. 50 ö\»ÁõQÓx.
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24. The sales and profit for 1996 and 1997 are as follows
Year Sales Profit
1996 1,50,000 20,000
1997 1,70,000 25,000

Find out
(a) P/V Ratio
(b) BEP
(c) Sales for a profit of Rs. 40,000
(d) Profit for sales of Rs. 2,50,000 and
(e) Margin of safety at a profit of Rs. 50,000.
1996 ©ØÖ® 1997 ® BsiØPõÚ ÂØ£øÚ ©ØÖ® C»õ£®
¤ßÁ¸©õÖ.
Bsk ÂØ£øÚ C»õ£®
1996 1,50,000 20,000
1997 1,70,000 25,000

PõsP.
(A) PVR
(B) \›\© ¦ÒÎ
(C) C»õ£® ¹. 40,000 EÒÍ ÷£õx ÂØ£øÚ AÍÄ
(D) ÂØ£øÚ ¹. 2,50,000 EÒÍ ÷£õx C»õ£ AÍÄ
(E) C»õ£® ¹. 50,000 EÒÍ ÷£õx £õxPõ¨¦ ÂØ£øÚ.

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