GS*442

No. of Printed llages : I

30

12?,L 3 7

SECTION - A

d€ dOobdd eru$d{ Z esod-dc.

i iilitii iltilt iti tilti titit illi ifli

Max. Marks : 70

5x2=1O

3x6=18

3oIV semester B.com. Examination , May /June - zolg

COMMERCE

4.4 Cost Aecounting(CBCSI (Fresh+Repeatersf (2O15-16 & Onwards)

'I'irne : 3 Hours

Instruetions to Cqndidates :Answer stto'ald" be turitten completely ei.ther in English or in Kannad"a.

1.

Aararl - ,t /otra$a-adctn ecd.: er:d-$d*riuri uu gOa.

(a) daid erodrldo ojmgg I(b) dd.ned d;oillo ,;oddenb r(.)

(d)

(e)

(f

(g)

ab e $SdaJ:* l;rodarode &.

a-oe3 ofuoeadong d,-,aelo1;d:* deri docd:eo&o1r>.i0 ?

esd,$d dejdodded: 'rQEJ

dero qe-raajria, "roddenb r .Jme;o-eddro a,od: eruo-oddrd ne&.

dn o cm ri d d g oJc d;. d ofd 0 do d uu d e d ri d aj:* B u.r.Ansu'er any fiive sub-questions. Each question carries two marks.(a) What are the elements of Cost ?(b) What are Indirect materials ?(c) Define (Jverhead.(d) How do you ceilctr.late wages under Halsey plan ?(e) What is semi-fi-xed cost ?(fl What are service departments ? Give al example.(g) state the purpose of preparing a Reconciliation statement.

ae,rorl -zs/SECTION_Babosaaddn drrddJ $d*riur3 wQO,r. d€ dOojroc uuQdd 6 esodr,dc.Answer any three qr-restions. trach question carries six marks,

2. d{ ef{a-odd ilxocb uudedrld.ib* dog{o-an .id0,$.Briefly explain the three objectives of cost accounting.

P.T.O.

3. de dddod droasouod, zudd6oi egded no$ a-orko a,ocb ddrdg almdadto-odegded do a36ridab* docdrao 6os:O.

$6dro*d udanQ ardd $dmeo

e"odr udeddab" dndu drlo:d d{

a,oub ofuamuo daj"e$

(d) doldruo "ndJ d.ncbd d* 6-deed de. B% ddg

From the following information, calculate Economic Order Quantity andcalculate number of orders to be placed in a year.

(a) Quarterly consumption of materials 4000 units

(b) Cost of placing one order < 100

(c) Cost per unit t B0

(d) Storage and carrying cost Bo/o of inventory

4. dddod d.roa".Bor:od, dEi drgond:. dolaO&.

vuqdaro dfr

ad dd.:ad ogdoad croq& ($e otuaauorl < 25 dod)OJ

&d ddDad eeodod oouod.>ajo

;fouor,.r dd - drouor,:o'od d€ oirroeus aiceeJ { 5 dod

e-:-oeJ - dyouoad abeeJ Ee.2O"h dod

7 500 ofuaouuridc d:ocror^t;mfl d.

From the following information, prepare a cost sheet.

Cost of production { 5,00,000

Opening stock of finished goods (@ < 25 per unit) 2500 units

Closing stock of finished goods 5000 units

Selling expenses @ ( 5 per unit sold

Profit @ 20% on sales

7500 units were so1d.

{ 5,00,000

2500 oinausrid:

5000 ohn,lrreridc

GS-442ill]il1ilil1iltil]tilflil]lllt

(a)

(b)

(c)

4000 oirrd&uoridJ

< 100

cs-442i lililil rillil ili illii lilll illl llll

5. FIFO .rjd,9ol&criq: & dd.

cs-442 4

sqrarl -e, lsEcTIoN-C

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oJrodo-addn "tlradr @d.duri eruQOa. de dOoirdd eruQd{ 14 esodridc'

3xL4=42

Answer any three question, each correct answer carries fourteen marks'

T.dSdo2oledeedodudolooddgdeddododuod':Qri€dc*a:oe6a-oriraee&ddradero0d

'

gedr.9 rrogi dd

O4-O2-2O1} BO0 ofuo'iucddr ( 24 de cJ)n&uur3

|o.o2-2o1g600oj]'o$[J6rtdJT23decrilo.guuri

7B-o2.2o79400o$Jaeu6r]dJ

I

I

I

I

I

I

i

I

:

i

GS-442

8. de dCdod addridc oj:od "ru6 rJ doa:oQ.$d :

ano$C ufoCId

areasodO

uo0r3;J:dr uodC oa$r { 3,00,000a

a{rocbuocb dJao5

a-o&Ed roobosdQ

{ i,00.000) / cOr]oLlnt]J

uoCcuo dano$ eroctDen 200 dorjrldo ieroe;aCoa dd;oidod.: dOried,l'd)-a-- -

oio$d .rdrdo6 a:dd 20 ojronuuddc $e riorjri, < 20 d.c o1]neu6rl

esos:o6 dcd; edd a:ddofadd < 4,000 ds '9oriur3aro&ri < 8,000 d,€ 'tsodud

(erddg 114 de ojJoE{ doaoQ,od)

u3:egaroddd doad < 10.000 @e eoritrrj (erdd 1/5 ddJo$ dc oJco${ a:edenfid)

de oJ:o$d ECd ae-'--i:: d:eeJ{ridc @e oor}url < 15,O0O

ono$d 0de0 C-.,e: serd.r. Cd - a.o&rd < 45,000

6edd d{ m,rrd { 30.000 (a,e,* 20 Oedrjdc d:urioJcgQ' eddes 5 DedrJdc deojrog{ dca:cQ"'-c )

olr"9 rioli adddi dodJa"&o$0.

The follorving detarls are related to N'{achine X

Cost of the machrne < 10,00,000trstimated Life 10 yearsTransportation and installation charges < 3,0O,O00

Scrap valuc { 1,00,000Yearly working hours 2750 hoursSetting up time is estimated at 200 hours which is regarded as productivetime

Motive power 20 units per hour @,< 20 per unit

Oil and other c

cs-442

9. a,odJ 6aaJ"rdqtu dx3dJ uDo*pCd ee-raaJrjdc a-orlo odd; deoa qe-rad.Je,"d d:e{"'j

addrro;oaoaod * dddodo'9d :

EejraaJ (

I Iililil ilIil ill ti]t ]]t llll lill

10. tuodJ dodaojc zotad dqod de dddodoed.

1- 1-20 l BdoC: uo$Qrldo o-oedl

3 1 - 12 -2O 1 BdoC: uod;Qrid 6-oq&

a:OeD,$C ilod:!

troarord d.oes

uaansd a:airridc

esdud a:ej:rridc

l-1-2O1Bdg ,$d dd!.id rydoepd ctoq$

< 70,000

< 10,000

< 1,00,000

{ 2,00,000< 36,000

< 44,000

< 40,000

< 5,00,000

< 70,000

{ 10,000< 1,00,000

< 2,00,000

< 36,000

< 44,OOO

Gs-442

drorrou

201Bdgd eruqdd 4000 o.j.inauorJdc

2019dg 1O0O o1rn,la;6rldd-.. -.uad5du e"od.t a,{oddd;a dodm dricJ:d'oo6+ .irjedadedeJesd. 2019 dg uoaJ:lrid aleJ de. 15% dt aOdoboriesQ, roa:-ord d"oerde. i0% ddg aOdoJ:orie-:d. 2018 d dd dgond:.doJyo0,l, a-orlro &o6d ddrdgrJs&d dedd erdq3 d€ ddrdgoi,o dtit'o$dodr eeocr-oas,$, d€ o1rraetr6rl erj6d&daSeuod

aleJoidrddodca,Bojcel 2019 d rJodoo dgonatt doboO.l,. 2018 dodo3ce ab.€qi

o aJ: r ri dc d € o1rro,i uo ri d:: o C o-l d oJl C d o d.l ee o o.o ee,u.

The following data is lurnished b,v a company for the yeer 2018.

37-12-201Bde-g .$d ddo.ld eloded o-oood:m?)j

Stock of materia-ls on 1-1-2018

Stock of materials on 3l-1.2-2OlB

Purchase of materials

Factory wages

Factory Expenses

Administrative Expenses

Opening stock of finished goods on 1-1-2018 nilCiosing stock of finished goods on 31-12-2018 < 40,000Sales

Production during 2OlB was 4000 units.

< 5,00,000

The coi:npany wants to quote for a contract for the supply of 100O. unitsduring the year 2019. During 2019, the cost of materials increased by 15%and that of factory wages by 10%. Prepare a statement of cost for the year2018 and a tender statement for 2019 showing the price to be quoted perunit, if the same percentage of profit is maintained as in the previous year.Assume the overhead charges per unit will be the salne as in 2018.

P.T.O.

a

GS-442

11. & dddod addrJuod a,od: dnoo-oedd dgoJcab..$dd&d; :add

d{ o-oa:drtd $r-od,idd ddr-oois"rid abe$e,Jrtdc dd eJ{dgddg ded:

"Jdnuof,dd* ej{dEddo daroD "tg&d dddsd?d ej{dEr,dg de.2n dilrda&&d esdud d:e$frrjdod,a&do,i *ee:d a:Qdeau-odo ef {a$dg dricJ:a-odg g doood:ood€.C,cbd es6-aoiJ dOrS

deau-oaJ: ef{d$dg croa4"b dnoo-orJd ($eu")deoa-od; d{d$Ag ag&cbd cmqd: d:ee:d dddudrouor ;iie$Srldc d*ejgdEdg deEn dd,raoafl dd*ejddgdg aQ.scbd oadroo+d aroGrld*ej{dgCe: ego.gaJ: oocd&d dJae-r6dear-odo eldd$dg eso.gei ooxramd dJao6drBaodo d{d$AF* se.lcbd,..r-ood abeud aQPrepare a Reconciliation statement from the foliowing data.Net Loss as per cost accountsWorks overhead under recovered in cost accountsDepreciation orrercharged in cost accountsAdministration orrerheads recorded in excess in cost accountsInterest on InvestmentsGoodwill written off in linancial booksIncome Tax paid

Stores adjustment (credit) in financial booksDepreciation of stock charged in financial booksSeiling overhead.s over recoverecl in cost accountsNotionai rent charged in cost accountsValue of Closing stock in cost accountsValue of Closing stock in financiaL accountsInterest on loan charged in financial accounts

'oOo-

i llilili lllill iii Illil ljlil l,li illi

+\

{ 3,44,800< 6,240

t 2,600< 2,600

{ 17,500( 11,400{ 80,600{ 950{ 13,500{ 8,250{ 40,000{ 20,75C)

T 18,750

{ 11,000

T 3,44,800

< 6,240

{ 2,600{ 2,600{ 17,500{ 11,400{ 80,600{ 9s0{ 13,500{ 8,250{ 40,000{ 20,750{ 18,750r 1 1,000