University Of Pune Question Paper
B. C. A. ( Semester - III ) Examination - 2013
MANAGEMENT ACCOUNTING
(New 2008 Pattern)
Time : 3 Hours] [Max. Marks : 80
Instructions :
(1) All questions are compulsory.
(2) Figures to the right indicate full marks.
Q.1) Explain the term 'Management Accounting'. Discuss the advantages
and limitations of Management Accounting. [16]
OR
Q.1) What is Working Capital ? Explain various factors affecting the need
of Working Capital. [16]
Q.2) A proforma Cost Sheet of a Company is given below :
Particulars Cost per unit Rs.
Raw Material 52
Direct Labour 26
Overheads 32
Total Cost 110
Profit 20
Selling Price 130
[4373]-304 1 P.T.O.
Seat
No.
Additional Information :
(1) Average Raw Material in stock is one month.
(2) Average Material in process half a month.
(3) Average finished goods for a month.
(4) Credit allowed by suppliers one month.
(5) Credit allowed to debtors two months.
(6) Time lag in payment of wages one and half weeks, overheads
one month.
(7) 1
/
4
th of the sales are on cash basis.
(8) Expected Cash Balance Rs. 1,20,000.
Prepare a Statement showing Working Capital requirements to finance
of activity of 45,000 units at Output. [16]
Q.3) What is Fund Flow Statement ? Discuss significance of Fund Flow
Statement as a tool of financial Statement. [16]
OR
Q.3) The following are Summarized Profit and Loss A/c. for the year ended
31st March, 2012 and Balance Sheet as on that date of XYZ Ltd. :
Profit and Loss A/c. for the year ended on 31st March, 2012
Particulars Rs. Particulars Rs.
To Opening Stock 10,000 By Sales 1,00,000
To Purchases 55,000 By Closing Stock 15,000
To Gross Profit 50,000
Total 1,15,000 Total 1,15,000
To Selling and Dist. By Gross Profit 50,000
Expenses 12,000
To Admin. Expenses 15,000
To Interest 3,000
To Net Profit 20,000
Total 50,000 Total 50,000
[4373]-304 2 Contd.
Balance Sheet as on 31st March, 2012
Liabilities Rs. Assets Rs.
Equity Capital of Plant and Machinery 30,000
Rs. 10 1,00,000 Land and Building 50,000
P and L A/c. 20,000 Furniture 20,000
Bills Payable 15,000 Inventories 15,000
Sundry Creditors 25,000 Bills Receivable 12,500
Sundry Debtors 15,000
Bank 17,500
Total 1,60,000 Total 1,60,000
Calculate :
(a) Gross Profit Ratio
(b) Net Profit Ratio
(c) Operating Ratio
(d) Working Capital Turnover Ratio [16]
Q.4) The following information is obtained from A. K. Ltd. for the year
ended 31st March, 2009 :
Rs.
Sales (1,00,000 units) 3,00,000
Variable Cost 2,25,000
Fixed Cost 25,000
Calculate :
(a) P/V Ratio
(b) Break-even Point Sales Value
(c) Profit when Sales amounted to Rs. 4,50,000
(d) Sales to earn a profit of Rs. 80,000 [16]
[4373]-304 3 P.T.O.
Q.5) Notes on : (Any Two) [16]
(a) Distinction between Financial Accounting and Management
Accounting
(b) Types of Ratios according to the Nature of Items
(c) Causes of Changes in Working Capital
(d) Distinction between Fixed Budget and Flexible Budget
B. C. A. ( Semester - III ) Examination - 2013
MANAGEMENT ACCOUNTING
(New 2008 Pattern)
Time : 3 Hours] [Max. Marks : 80
Instructions :
(1) All questions are compulsory.
(2) Figures to the right indicate full marks.
Q.1) Explain the term 'Management Accounting'. Discuss the advantages
and limitations of Management Accounting. [16]
OR
Q.1) What is Working Capital ? Explain various factors affecting the need
of Working Capital. [16]
Q.2) A proforma Cost Sheet of a Company is given below :
Particulars Cost per unit Rs.
Raw Material 52
Direct Labour 26
Overheads 32
Total Cost 110
Profit 20
Selling Price 130
[4373]-304 1 P.T.O.
Seat
No.
Additional Information :
(1) Average Raw Material in stock is one month.
(2) Average Material in process half a month.
(3) Average finished goods for a month.
(4) Credit allowed by suppliers one month.
(5) Credit allowed to debtors two months.
(6) Time lag in payment of wages one and half weeks, overheads
one month.
(7) 1
/
4
th of the sales are on cash basis.
(8) Expected Cash Balance Rs. 1,20,000.
Prepare a Statement showing Working Capital requirements to finance
of activity of 45,000 units at Output. [16]
Q.3) What is Fund Flow Statement ? Discuss significance of Fund Flow
Statement as a tool of financial Statement. [16]
OR
Q.3) The following are Summarized Profit and Loss A/c. for the year ended
31st March, 2012 and Balance Sheet as on that date of XYZ Ltd. :
Profit and Loss A/c. for the year ended on 31st March, 2012
Particulars Rs. Particulars Rs.
To Opening Stock 10,000 By Sales 1,00,000
To Purchases 55,000 By Closing Stock 15,000
To Gross Profit 50,000
Total 1,15,000 Total 1,15,000
To Selling and Dist. By Gross Profit 50,000
Expenses 12,000
To Admin. Expenses 15,000
To Interest 3,000
To Net Profit 20,000
Total 50,000 Total 50,000
[4373]-304 2 Contd.
Balance Sheet as on 31st March, 2012
Liabilities Rs. Assets Rs.
Equity Capital of Plant and Machinery 30,000
Rs. 10 1,00,000 Land and Building 50,000
P and L A/c. 20,000 Furniture 20,000
Bills Payable 15,000 Inventories 15,000
Sundry Creditors 25,000 Bills Receivable 12,500
Sundry Debtors 15,000
Bank 17,500
Total 1,60,000 Total 1,60,000
Calculate :
(a) Gross Profit Ratio
(b) Net Profit Ratio
(c) Operating Ratio
(d) Working Capital Turnover Ratio [16]
Q.4) The following information is obtained from A. K. Ltd. for the year
ended 31st March, 2009 :
Rs.
Sales (1,00,000 units) 3,00,000
Variable Cost 2,25,000
Fixed Cost 25,000
Calculate :
(a) P/V Ratio
(b) Break-even Point Sales Value
(c) Profit when Sales amounted to Rs. 4,50,000
(d) Sales to earn a profit of Rs. 80,000 [16]
[4373]-304 3 P.T.O.
Q.5) Notes on : (Any Two) [16]
(a) Distinction between Financial Accounting and Management
Accounting
(b) Types of Ratios according to the Nature of Items
(c) Causes of Changes in Working Capital
(d) Distinction between Fixed Budget and Flexible Budget
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