Skip to main content

BBA (BB-302) (S05) (O) (LE) (Sem.-3rd)

Total No. of Questions : 13] [Total No. of Pages : 02

Paper ID [B0113]

(Please fill this Paper ID in OMR sheet)

BBA (BB-302) (S05) (O) (LE) (Sem.-3rd)

COST ACCOUNTING

Time: 03 Hours Maximum Marks : 75

Instruction to Candidates :

    1. Section – A is Compulsory.
    2. Attempt any Nine questions from Section – B.

    Section - A

    Q1) (15 x 2 = 30)

    1. What do you mean by product cost?
    2. Explain the meaning of cost accounting.
    3. Why distinction between direct and indirect labour cost is made?
    4. Give the formula of calculating break even sales.
    5. Explain the significance of margin of safety.
    6. What is cost volume profit analysis?
    7. How margin of safety can be improved?
    8. How relevant cost is important in taking decision?
    9. Can marginal costing help in taking the decision of buy or manufacture?
    10. Define the term Depression.
    11. What is the purpose of calculating sunk cost?
    12. Explain standard costing.
    13. Distinguished between standard cost and estimated cost.
    14. Explain variance.
    15. Discuss the importance of reconciliation between budgeted profit and actual profit.


    Section – B

    Q2) What are overheads? How they are classified?

    Q3) Explain various uses of marginal costing by giving examples.

    Q4) Explain the assumptions and uses of break even analysis.

    Q5) The sales turnover and profit during two year were as follows.

      Year Sales Cost
      2005

      2006

      		 500000

      750000

      		 450000

      650000

    You are required to calculate P/V ratio.

    Q6) A machine manufacture 10000 units of a part at a total cost of Rs. 21 out of which

    Rs. 18 is variable. This part is readily available in market at Rs. 19 per unit. If the part is

    purchased from market then the machine can be utilized to manufacture a component in

    same quantity contributing Rs. 2 per component or it can be hired at Rs. 21000. Recommend

    which alternative is profitable.

    Q7) Distinguish between indirect expenses and overheads.

    Q8) Explain various types of cost which help in decision making.

    Q9) Distinguish between sunk and opportunity cost.

    Q10) Discuss various types of material variances.

    Q11) Given that the cost standards for actual quantity 12 Kg at Rs. 9 per kg. Compute the material

    Variances when standard quantity is 15 kg at 10 per kg.

    Q12) Explain the format of cost sheet with the help of imaginary figures.

    Q13) Differentiate between cost sheet and statement of cost.

    * * * *

Comments

Post a Comment

Also read

Learning from Gardening

While composing status messages, just for fun, I simply jot down anything random that comes to my mind at the moment. Here is the latest FB message i posted few seconds ago. Tushar Mangl learns a lot from his gardening routine. Even when his plants die, he simply feels bad and then goes about to plan for new plants. Mostly because an empty space does not look that good. That is life for you. People will always go away from your life, at one point or another. But you cannot always leave the places vacan t. New plants have to be placed. Optimism has to exist for new flowers to bloom, new leaves to grow. Now, FB only gives me 422 characters to say my point. But my dear blogger, a companion of several years gives me much better platform to elaborate my thoughts. You see, in a flower bed I maintain near stairs of my house I had planted bougainvillea plants on either sides of the bed. As fate would have it, and given my nature of getting too attached to livi...
4 comments
Read more

A suggestion to break the loop of guilt, isolation, and emotional burnout?

Caught in a guilt spiral, isolating quietly, and wondering why rest doesn’t heal you? You’re not lazy—you’re carrying layers of unprocessed emotion and spiritual exhaustion. This is your invitation to pause, reflect, and reset. Let’s explore why you still feel stuck despite good intentions, and discover rituals, reflections, and real reconnection to help you come home to yourself. First Published on 20/06/2008 14:30 Second edition Published on 04/07/2025 12:51 Why do you keep spiraling despite good intentions? Let me ask you this. Have you ever written out a self-care plan so perfectly, maybe in a brand-new notebook—drink more water, meditate, go to therapy—and yet by day three you’re numbly binge-scrolling, wondering what’s broken now ? Yeah. Same. We don’t spiral because we’re undisciplined or lazy. We spiral because the emotional weight we’re carrying goes deeper than we admit. It's not about a missed workout or failing to reply to that one text. It's the inner tug-of...
2 comments
Read more

Cutting people off isn’t strength—It is a trauma response

Your ability to cut people off and self-isolate is not a skill you should be proud of—It is a trauma response Cutting people off and self-isolating may feel like a protective shield, but it is often rooted in unresolved or unhealed trauma and an inability to depend on others. While these behaviors seem like self-preservation, they end up reinforcing isolation and blocking meaningful connections. Confronting these patterns, seeking therapy, and nurturing supportive relationships can help break this unhealthy cycle. Plus, a simple act like planting a jasmine plant can symbolise the start of your journey towards emotional healing. Why do we cut people off and isolate? If you’re someone who prides themselves on “cutting people off” or keeping a tight circle, you might believe it’s a skill—a way to protect yourself from betrayal, hurt, or unnecessary drama. I get it. I’ve been there, too. But here’s the thing: this ability to isolate yourself is not as empowering as it may seem. In fact, i...
Post a Comment
Read more