Monday, June 27, 2022

University of Madras B.Com 5th Sem CPZ5A Elements of Cost Accounting Nov 2021 Question Paper

Madras University OR University of Madras

NOVEMBER 2021

Question Paper Code: 62442

Subject code: CPZ5A / CPC5C / CPG5B / CPM5B / MAT5B

Subject: Elements of Cost Accounting

05th Semester

Course: B.Com General

Time : Three hours

Maximum : 75 marks

SECTION A — (10 × 2 = 20 marks)

Answer any TEN questions.

1. What is prime cost?

2. What is cost unit?

3. Expand FIFO and LIFO.

4. What is labour turnover?

5. What is economic order quantity?

6. State any two objectives of material control.

7. Write the meaning of overhead.

8. State any two selling overheads.

9. What is normal loss?

11. What do you understand by machine hour rate?

12. Write the different methods of measurement of labour turnover.

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