Friday, July 10, 2015

Mahatma Gandhi University B.Com Degree Programme Cost Accounting Question Paper2013

University: Mahatma Gandhi University
Course: B.Com
Subject : Programme Cost Accounting
Year of Question Paper : 2013

FIFTH SEMESTER B.COM DEGREE PROGRAMME (CBCSS) EXAMINATION 2013
Answers may be written either in English or in Malayalam.
Core Course 13 – Cost Accounting
(Common for B.Com Model I, B.com. (Vocational-Model II) and UGC sponsored
B.Com Programmes)
Time: Three Hours
Total Weight: 25
Section A
This section consists of four bunches of four questions each.
Each bunch carries a weight of 1. Answer all questions.

I Choose the correct answer from the choices given:
1. The term cost Accountancy includes costing and
(a) Cost Control (b) Cost Accounting (c) Cost fixing (d) Cost Reduction
2. Factory Cost is Prime Cost Plus
(a) Direct Materials (b) Factory Overheads (c) Fixed Cost (d) Works cost
3. A purchase Requisition is a request made to the
(a) Store keeper (b) Purchase Department (c) Supplier (d) Customer
4. A high labour turnover is indicative of
(a) high productivity (b) good Personal Management (c) Higher cost of production (d) Efficiency training.

II Fill in the blanks
5. Job Card is a document used for ............
6. Over head is the total of costs..............
7. The aggregate of all direct cost is costs..............
8. Cost of material consumed is calculated by using the formula.

III State whether the following are "True" or "False"
9. Fixed Cost and Period Cost are the same
10. Bill of material is the invoice of materials purchased.
11. Taylor's Differential Price-rate method encourages less efficient workers.
12. One of the reasons for preparing Reconciliation statement is to identify under absorption of overheads.

IV Match the following.
13. Bin Card (a) Production is hampered
14. Cost Unit (b) When to order
15. Under stocking of materials (c) How much to order
16. EOQ (d) Perpassenger Kilometre
(e) Quantity of materials in stock.
(f) Production is normal
(4x1= 4 wt.)
Section B
V Answer any five questions. Each question carries 1 weight.

17. What are the functions of cost Accounting?
18. Give the classification of Overhead?
19. What is a Cost Centre?
20. Explain Two Bin Systems.
21. What is Danger Level?
22. Give the formula for calculating Labour Turnover.
23. Explain the meaning of 'apportinment'.
24. What is work-in-progress? ..

Unknown

B.E Civil Engineer Graduated from Government College of Engineering Tirunelveli in the year 2016. She has developed this website for the welfare of students community not only for students under Anna University Chennai, but for all universities located in India. That's why her website is named as www.IndianUniversityQuestionPapers.com . If you don't find any study materials that you are looking for, you may intimate her through contact page of this website to know her so that it will be useful for providing them as early as possible. You can also share your own study materials and it can be published in this website after verification and reviewing. Thank you!