17 B2F C4 B9AA41 6F5 10 D18 6A 873 593

B C B 6 1 D 6 87 5 3
B2 2FC 4B9 9A4 416F F510 0D1 186AA87 359 9339 9791
F 4 1 8 3 3
2F C4B B9AA41 6F5 510DD18 6A8 873 593 397 7917 7B2
C 9 4 6 F 1 0 1 6 A 7 5 3 F
FC 4B A4 16 51 D1 86 87 35 933 979 917B B2F C4B
9
4B A 1 5 D 8 F 0 A 9
8 3 3 7 7 2 9 1 C 4 9
4B 9A 416 6F51 10D 186 6A8 735 5933 3979 917B B2F FC4 B9AA41
9 4 F 0 1 A 7 9 9 1 C B 6
B9 A4 16F 510 D1 86A 87 359 339 791 7B 2FC 4B 9A 416 F51
A4 16F 51 D1 86 87 359 33 79 7B 2F 4B 9A 416 F5 0D
9A 16 5 0D 8 A8 35 3 97 17 2F C4 9 41 F 10 18
1 6 3 9 A 5 D
A4 416F F51 0D1 186 A87 7359 933 979 17B B2F C4B B9A 416 6F5 10D 186 6A8

Q: 1
16 51 0D 86 A8 35 33 979 17B 2F C4B 9A 41 F5 10D 18 A8 73

N.B:

81897
41 F5 0D 18 A 73 93 97 17 2 C4 9 4 6F 10 1 6A 7 59
6F 1 1 6 87 59 3 9 B F B A 16 5 D 86 8 35 33
6F 510 0D1 86AA87 359 339 9791 17B 2FC C4B 9A4 416 F51 10D 186 A87 735 933 979
51 D1 86 87 359 33 79 7B 2F 4B 9A 16 F5 0D 186 A8 35 933 97 17

4.
3.
2.
1.
0D 86 A8 35 33 97 17 2F C4 9A 41 F5 10 18 A 73 93 97 91 B2
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 D1 6A 873 59 39 91 7B2 FC
6A 73 59 39 91 B2 FC B A4 6F 51 D1 86 87 59 33 79 7B F 4B
87 59 339 791 7B FC 4B 9A 16 51 0D 86 A8 35 33 979 17B 2F C4 9A

Month
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 73 93 97 17 2 C4 B9 41
93 97 17 2 C4 9 41 6F 10 1 6A 73 59 39 91 B2 FC B A4 6F
39 91 B2 FC B A4 6F 51 D1 86 87 59 33 79 7B F 4B 9A 16 5
[Time: 3 Hours]

79 7B F 4B 9A 16 5 0D 86 A8 35 33 97 17 2F C4 9A 41 F5 10
17 2F C4 9A 41 F5 10 18 A 73 93 97 91 B2 C B9 4 6F 10 D1

2)
1)
Dec 2017

May 2018
June 2018
B2 C B9 4 6F 10 D1 6A 87 59 39 91 7B FC 4B A 16 51 D 86

April 2018
March 2018
FC 4B A4 16 51 D1 86 87 35 33 79 7B 2F 4B 9A 416 F5 0D 18 A8

actual sales.
January 2018
February 2018
4B 9A 16 F51 0D 86 A8 35 933 979 17B 2F C4 9A 41 F5 10D 18 6A8 73

stated clearly
9A 416 F5 0D 18 A8 735 93 97 17 2F C4 B9 41 6F 10 18 6A 73 593
41 F5 10D 18 6A 73 93 397 917 B2 C4 B9 A4 6F 510 D1 6A 87 59 39
6F 10 1 6A 87 59 39 91 B FC B A4 16 51 D 86 87 35 33 79
51 D1 86 87 359 33 79 7B 2F 4B 9A 16 F5 0D 186 A8 35 933 97 17
0D 86 A8 35 33 97 17 2F C4 9A 41 F5 10 18 A 73 93 97 91 B2

Additional Information:
sales
Total
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 D1 6A 873 59 39 91 7B2 FC
6A 73 59 39 91 B2 FC B A4 6F 51 D1 86 87 59 33 79 7B F 4B

52,000
48,000
44,000
40,000

60,000
56,000
44,000
87 59 339 791 7B FC 4B 9A 16 51 0D 86 A8 35 33 979 17B 2F C4 9A

E'to
30.6.2018 of Seema Co. Ltd.
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 73 93 97 17 2 C4 B9 41
93 97 17 2 C4 9 41 6F 10 1 6A 73 59 39 91 B2 FC B A4 6F
39 91 B2 FC B A4 6F 51 D1 86 87 59 33 79 7B F 4B 9A 16 5
79 7B F 4B 9A 16 5 0D 86 A8 35 33 97 17 2F C4 9A 41 F5 10
17 2F C4 9A 41 F5 10 18 A 73 93 97 91 B2 C B9 4 6F 10 D1

A verage Cost
Standard Cost
B2 C B9 4 6F 10 D1 6A 87 59 39 91 7B FC 4B A 16 51 D 86
FC 4B A4 16 51 D1 86 87 35 33 79 7B 2F 4B 9A 416 F5 0D 18 A8

40,000

24,000
24,000
28,000

32,000
32,000
4B 9A 16 F51 0D 86 A8 35 933 979 17B 2F C4 9A 41 F5 10D 18 6A8 73

28,000 .
9A 416 F5 0D 18 A8 735 93 97 17 2F C4 B9 41 6F 10 18 6A 73 593
41 F5 10D 18 6A 73 93 397 917 B2 C4 B9 A4 6F 510 D1 6A 87 59 39
6F 10 1 6A 87 59 39 91 B FC B A4 16 51 D 86 87 35 33 79
51 D1 86 87 359 33 79 7B 2F 4B 9A 16 F5 0D 186 A8 35 933 97 17

Page 1 of 5
9. Delay in payment of wages is half month
0D 86 A8 35 33 97 17 2F C4 9A 41 F5 10 18 A 73 93 97 91 B2
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 D1 6A 873 59 39 91 7B2 FC
6A 73 59 39 91 B2 FC B A4 6F 51 D1 86 87 59 33 79 7B F 4B

9,600
9,200
8,800

9,600
9,200
8,000
8,000

8. Delay in payment of overhead is one month.

Assume cash sales to be 50% of total sales

87 59 339 791 7B FC 4B 9A 16 51 0D 86 A8 35 33 979 17B 2F C4 9A
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 73 93 97 17 2 C4 B9 41
93 97 17 2 C4 9 41 6F 10 1 6A 73 59 39 91 B2 FC B A4 6F
39 91 B2 FC B A4 6F 51 D1 86 87 59 33 79 7B F 4B 9A 16 5

equal instalments in March 2018 and April201i.

1. Cash balance on pt January 2018 was Rs. 20,000.
79 7B F 4B 9A 16 5 0D 86 A8 35 33 97 17 2F C4 9A 41 F5 10

6. Period of credit allowed by suppliers is one month.

17 2F C4 9A 41 F5 10 18 A 73 93 97 91 B2 C B9 4 6F 10 D1

7. Period of credit allowed to customers is one month.

B2 C B9 4 6F 10 D1 6A 87 59 39 91 7B FC 4B A 16 51 D 86

17B2FC4B9A416F510D186A8735933979
1. Process Cost is based on the concept of ............ .
FC 4B A4 16 51 D1 86 87 35 33 79 7B 2F 4B 9A 416 F5 0D 18 A8
stl ated Revenue an dE xpen d·Iture

4B 9A 16 F51 0D 86 A8 35 933 979 17B 2F C4 9A 41 F5 10D 18 6A8 73

6,800
6,600
6,600

7,200
6,400

7,000
6,000

9A 416 F5 0D 18 A8 735 93 97 17 2F C4 B9 41 6F 10 18 6A 73 593

41 F5 10D 18 6A 73 93 397 917 B2 C4 B9 A4 6F 510 D1 6A 87 59 39
6F 10 1 6A 87 59 39 91 B FC B A4 16 51 D 86 87 35 33 79
51 D1 86 87 359 33 79 7B 2F 4B 9A 16 F5 0D 186 A8 35 933 97 17
0D 86 A8 35 33 97 17 2F C4 9A 41 F5 10 18 A 73 93 97 91 B2
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 D1 6A 873 59 39 91 7B2 FC
6A 73 59 39 91 B2 FC B A4 6F 51 D1 86 87 59 33 79 7B F 4B
87 59 339 791 7B FC 4B 9A 16 51 0D 86 A8 35 33 979 17B 2F C4 9A
Please check whether you have got the right question paper.

35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 73 93 97 17 2 C4 B9 41
Material Wages Production Selling
All Sub-questions carry equal marks unless specified to the contrary.

3) Marginal Cost
93 97 17 2 C4 9 41 6F 10 1 6A 73 59 39 91 B2 FC B A4 6F
[Marks: 100]

39 91 B2 FC B A4 6F 51 D1 86 87 59 33 79 7B F 4B 9A 16 5
overhead

4) Differential Cost
79 7B F 4B 9A 16 5 0D 86 A8 35 33 97 17 2F C4 9A 41 F5 10
2,000
1,800
1,800

1,800
1,600
1,600
1,700

17 2F C4 9A 41 F5 10 18 A 73 93 97 91 B2 C B9 4 6F 10 D
Overhead distribution

B2 C B9 4 6F 10 D1 6A 87 59 39 91 7B FC 4B A 16 51 D
FC 4B A4 16 51 D1 86 87 35 33 79 7B 2F 4B 9A 416 F5 0D 1

5. Share premium amounting to Rs. 4,000 is also obtainable with second call.
4. Rs. 2,000 being the amlo>unt of second call may be received in March 2018.

Q:2 A Choose the most appropriate alternative from those below and rewrite the sentence
and

4B 9A 16 F51 0D 86 A8 35 933 979 17B 2F C4 9A 41 F5 10D 18

9A 416 F5 0D 18 A8 735 93 97 17 2F C4 B9 41 6F 10 18 6

3. Sales commission at 5% on total sales is to be within the month following

2. A new machine is to be installed at Rs. 60,000 on credit to be repaid in two
Q. No.1 and 2 are compulsory. Attempt any four questions from the remaining.
Paper / Subject Code: 71613 / Accountancy : Paper II - Advanced Cost Accounting.

41 F5 10D 18 6A 73 93 397 917 B2 C4 B9 A4 6F 510 D1 6A

6F 10 1 6A 87 59 39 91 B FC B A4 16 51 D 86
Workings to form part of the solutions and necessary assumptions to be made and
Question No. 1 carries 20 marks and all remaining questions carry 16 marks each.

51 D1 86 87 359 33 79 7B 2F 4B 9A 16 F5 0D 186 A8

[8]
From the following information prepare a cash budget for the six months ended [20]

0D 86 A8 35 33 97 17 2F C4 9A 41 F5 10 18 A
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 D1 6A 87
6A 73 59 39 91 B2 FC B A4 6F 51 D1 86 87
87 59 339 791 7B FC 4B 9A 16 51 0D 86 A8 35
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 73
93 97 17 2 C4 9 41 6F 10 1 6A 73 59
39 91 B2 FC B A4 6F 51 D1 86 87 59
79 7B F 4B 9A 16 5 0D 86 A8 35 33
17 2F C4 9A 41 F5 10 18 A 73 93
B2 C B9 4 6F 10 D1 6A 87 59 39
FC 4B A4 16 51 D1 86 87 35 33
f

4B 9A 16 F51 0D 86 A8 35 933 979

9 4 F 0 1 A 7 9 9
7B 2FC C4B 9A 416 F51 10D 186 A8 735 933
2F 4 9 41 F5 0 18 A 73 93 97
2F C4B B9AA41 6F5 10DD18 6A8 8735 593 397 917
6 1 6 3 9
FC C4B 9A4 416 F51 0D1 186 A87 7359 933 979 17B B2F
4 9A 1 F 5 0 D 8 A 3 3 9 1 C
C4 B9 41 6F 10 18 6A 873 593 397 791 7B2 2FC 4B9
B9 A4 6F 510 D1 6A 87 59 39 91 7B FC 4B A4
4B A 16 51 D 86 8 35 33 79 7B 2F 4B 9A 1
4 1 7 9 6
B9 9A4 16F F510 0D1 86AA87 359 339 9791 17B 2FC C4B 9A4 416 F51
1 5 8
A 6 1 D 6 8 5 3 9 7B F 4 3 3 7 2 9 F
A 1 5 0D
A4 416F F51 0D1 186AA87 7359 9339 979 17B 2FC C4B B9A 416 6F51 10D 186
1

Q:3
1 0 8 3 3 2 9 4 F 0 1 A
41 6F5 510DD18 6A8 873 593 397 7917 7B2 FC4 4B9 A41 16F 510 D18 86A 873
6F 10 1 6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59

81897
16 51 D 86 87 5 33 79 7B F 4B 9A 16 5 0D 86 8 35 33
F 1 A 9 9 C 1
6F 510 0D1 86A 873 359 339 791 17B2 2FC 4B 9A4 416F F51 0D1 186AA87 7359 9339 979
51 D1 86 87 59 33 79 7B FC 4B 9A 16 51 0D 86 8 35 33 79 17
0D 86 A8 35 33 97 17 2F 4 9A 41 F5 0D 18 A 73 93 97 17 B2
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39 91 B2 FC
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 35 33 79 17B 2F 4B 9A
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35 93 97 17 2F C4 9 41

2)
1)
93 97 17 2 C4 9 41 6F 10 18 6A 73 93 39 91 B2 C B9 A4 6F

rules.
39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B A 16 51
79 7B F 4B 9A 16 51 0D 86 8 35 33 79 17 2F 4 9A 41 F5 0D

2)
2)

1)
1)

is called
17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2 C B9 4 6F 10 1
B2 C B9 4 6F 10 1 6A 87 59 39 91 B FC 4B A4 16 51 D 86
FC 4B A4 16 51 D1 86 87 359 33 79 7B 2F 4B 9A 16 F51 0D 186 A8
4B 9A 16 F51 0D 86 A8 35 33 979 17B 2F C4B 9A 41 F5 0D 18 A8 735
9A 416 F5 0D 186 A8 735 933 97 17 2F C4 9A 41 6F5 10D 18 6A 73 93

1) Increase
41 F5 10D 18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39

x standard Price.
2) No effect
6F 10 1 6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79

Process
51 D1 86 87 59 33 79 7B FC 4B 9A 16 51 0D 86 8 35 33 79 17

1) Labour law
0D 86 A8 35 33 97 17 2F 4 9A 41 F5 0D 18 A 73 93 97 17 B2

LLPs

Operation
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39 91 B2 FC
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B

particular trip by a bus

2) Basic standard
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 35 33 79 17B 2F 4B 9A
Total cost

35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35 93 97 17 2F C4 9 41
1) Current standard

93 97 17 2 C4 9 41 6F 10 18 6A 73 93 39 91 B2 C B9 A4 6F

2) Sales of Goods Act

39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B A 16 51

2) Sales and fixed cost

Variable cost

79 7B F 4B 9A 16 51 0D 86 8 35 33 79 17 2F 4 9A 41 F5 0D
17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2 C B9 4 6F 10 1

1) Sales and variable cost

B2 C B9 4 6F 10 1 6A 87 59 39 91 B FC 4B A4 16 51 D 86
FC 4B A4 16 51 D1 86 87 359 33 79 7B 2F 4B 9A 16 F51 0D 186 A8

a) Invisible waste has no sale value.

4B 9A 16 F51 0D 86 A8 35 33 979 17B 2F C4B 9A 41 F5 0D 18 A8 735
9A 416 F5 0D 186 A8 735 933 97 17 2F C4 9A 41 6F5 10D 18 6A 73 93
41 F5 10D 18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39
Co-operative societies

8. Contribution is the different between

Page 2 of 5
6F 10 1 6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79
5. Operating costing uses the methods of

51 D1 86 87 59 33 79 7B FC 4B 9A 16 51 0D 86 8 35 33 79 17
within a relevant range would increase

0D 86 A8 35 33 97 17 2F 4 9A 41 F5 0D 18 A 73 93 97 17 B2
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39 91 B2 FC
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 35 33 79 17B 2F 4B 9A
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35 93 97 17 2F C4 9 41

B] State whether the following statements are true or false

3)

93 97 17 2 C4 9 41 6F 10 18 6A 73 93 39 91 B2 C B9 A4 6F
39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B A 16 51
4) Job

79 7B F 4B 9A 16 51 0D 86 8 35 33 79 17 2F 4 9A 41 F5 0D
17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2 C B9 4 6F 10 1
B2 C B9 4 6F 10 1 6A 87 59 39 91 B FC 4B A4 16 51 D 86

17B2FC4B9A416F510D186A8735933979
4) Can't say

b) Normal loss is treated as normal cost of production.

7. When selling price decreases, then breakeven point
3) Decreases
FC 4B A4 16 51 D1 86 87 359 33 79 7B 2F 4B 9A 16 F51 0D 186 A8
3) Marginal

4B 9A 16 F51 0D 86 A8 35 33 979 17B 2F C4B 9A 41 F5 0D 18 A8 735

organization's. Operations before allocating resources.

9A 416 F5 0D 186 A8 735 933 97 17 2F C4 9A 41 6F5 10D 18 6A 73 93
6. The cost auditor must be familiar with the provisions of

41 F5 10D 18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39

3) Fixed cost

6F 10 1 6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79
51 D1 86 87 59 33 79 7B FC 4B 9A 16 51 0D 86 8 35 33 79 17
0D 86 A8 35 33 97 17 2F 4 9A 41 F5 0D 18 A 73 93 97 17 B2
Ideal standard

g) Efficiency audit ensures optimum return of capital employed.

18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39 91 B2 FC
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 35 33 79 17B 2F 4B 9A
3) partnership
4) Expected standards

h) Absorption costing ignores the cost volume- profit relationship.

4) Companies Act, 1956

35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35 93 97 17 2F C4 9 41

d) A flexible budget is budget for semi-variable overhead costs only.

93 97 17 2 C4 9 41 6F 10 18 6A 73 93 39 91 B2 C B9 A4 6F 3) Sales and total cost
4. The legal provision relating to statutory cost audit are applicable to

39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B A 16 51
4) Both (a) and (b) above

79 7B F 4B 9A 16 51 0D 86 8 35 33 79 17 2F 4 9A 41 F5 0
'4) Factory cost and profit
3) Negotiable Instrument Act

17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2 C B9 4 6F 10
B2 C B9 4 6F 10 1 6A 87 59 39 91 B FC 4B A4 16 51 D
4) None of the above
costing when costing a
3. A standard which is established for use unaltered for an indefinite period

FC 4B A4 16 51 D1 86 87 359 33 79 7B 2F 4B 9A 16 F51 0D 1
2. When a flexible budget is used, a increase in the actual production level

4B 9A 16 F51 0D 86 A8 35 33 979 17B 2F C4B 9A 41 F5 0D 18

e) Material usages variance is equal to (Standards Quantity- Actual quantity)

f) Royalty is an item of cost of production under cost accounting record

c) The zero -based budget forces management to rethink each phase of an

a month. The distance form Mumbai to Satara is 150kms. The bus completes the
trip form Mumbai to Satara and return in the same day. The bus goes another 10
days in a month towards Alibagh. The distance from Mumbai to Alibagh is 120
9A 416 F5 0D 186 A8 735 933 97 17 2F C4 9A 41 6F5 10D 18
Paper / Subject Code: 71613 / Accountancy : Paper II - Advanced Cost Accounting.

41 F5 10D 18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6
[8]
6F 10 1 6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A

Person owns a bus that runs between Mumbai and Satara and back, for 10 days in [16]
51 D1 86 87 59 33 79 7B FC 4B 9A 16 51 0D 86
0D 86 A8 35 33 97 17 2F 4 9A 41 F5 0D 18 A
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 87
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 3
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35
93 97 17 2 C4 9 41 6F 10 18 6A 73 9
39 91 B2 FC B A4 6F 51 D1 6A 87 59
79 7B F 4B 9A 16 51 0D 86 8 35 3
17 2F C4 9A 41 F5 0D 18 A 73 93
B2 C B9 4 6F 10 1 6A 87 59 3
FC 4B A4 16 51 D1 86 87 359 33
4B 9A 16 F51 0D 86 A8 35 33 97
 B D
7B 2FC C4B B9A 416 6F51 10D 186 6A8 735 5933
7
B2 2FC 4B9 9A4 416F F510 0D1 186AA87 359 9339 9791
FC 4B A4 16 51 D1 86 87 359 33 79 7B
2F 4B 9A 1 F5 0D 8 A8 35 3 97 17 2F
C 9 4 6F 10 1 6A 7 9 39 91 B C
C4 4B9 A41 16F 510 D18 86A 873 3593 339 791 7B2 2FC 4B9
B A 5 D 8 5 7 7 4
4B 9A 416 6F51 10D 186 6A8 735 933 3979 917B B2F FC4B B9AA41
9 4 1 F 0 1 A 7 3 9 9 1 2 C 6
B9 A4 6F 510 D1 86A 87 59 339 791 7B FC 4B 9A4 416 F51
A4 16F 51 D1 86A 87 359 339 79 7B 2FC 4B 9A 16 F51 0D
9A 16 5 0D 86 8 35 33 7 17 2F 4 9A 41 F5 0 18
41 F 10 1 A 73 93 9 91 B2 C B 4 6F 1 D1 6A

Q:4
41 6F5 510DD18 86A8 873 593 397 7917 7B2 FC4 4B9 9A41 16F 510 0D1 86A 873
6 5 3 F 5 8

81897
16 F51 10D 186 6A87 735 933 979 917B B2F C4B B9AA416 6F5 10DD18 6A8 8735 593
F5 0D 18 A8 35 93 97 17 2 C4 9 41 F 10 18 6A 73 93 39
6F 10 1 6A 73 9 39 91 B FC B A4 6F 51 D1 6 87 59 3 79
51 D1 86 87 59 33 79 7B 2F 4B 9A 16 51 0D 86 A8 35 33 979 17
0D 86 A8 35 33 97 17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2

2018.

a)

e)
c)
d)
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39 91 B2 FC

b)
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 35 33 79 17B 2F 4B 9A

persons)
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35 93 97 17 2 C4 9 41
93 97 17 2 C4 9 41 6F 10 1 6A 73 93 39 91 B2 FC B A4 6F
39 91 B2 FC B A4 6F 51 D1 86 87 59 39 79 7B FC 4B 9A 16 51
79 7B F 4B 9A 16 5 0D 86 A8 35 33 79 17 2F 4 9A 41 F5 0D
17 2F C4 9A 41 F5 10 18 A 73 93 97 17 B2 C B9 4 6F 10 1
B2 C B9 4 6F 10 D1 6A 87 59 39 91 B FC 4B A 16 51 D 86

PIV Ratio
FC 4B A4 16 51 D1 86 87 359 33 79 7B 2F 4B 9A 416 F5 0D 186 A8

its local Journey.

Insurance

Fixed cost
Permit fee

Sales
4B 9A 16 F51 0D 86 A8 35 33 979 17B 2F C4B 9A 41 F5 10D 18 A8 73

R.T.O. tax

Profit
9A 416 F5 0D 186 A8 735 933 97 17 2F C4 9A 41 6F5 10 18 6A 73 593

Lubricant oil
41 F5 10D 18 A8 73 93 97 917 B2 C4 B9 41 6F 10 D1 6A 873 59 39
6F 10 1 6A 73 59 39 91 B FC B A4 6F 51 D1 86 87 59 33 79

Particulars
51 D1 86 87 59 33 79 7B 2F 4B 9A 16 51 0D 86 A8 35 33 979 17 Salary to Ori ver
0D 86 A8 35 33 97 17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2

Break -even point

18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39 91 B2 FC
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B Salary to conductor

..
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 35 33 79 17B 2F 4B 9A
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35 93 97 17 2 C4 9 41 Fixed office overheads
93 97 17 2 C4 9 41 6F 10 1 6A 73 93 39 91 B2 FC B A4 6F
39 91 B2 FC B A4 6F 51 D1 86 87 59 39 79 7B FC 4B 9A 16 51

Repairs and Maintenance

79 7B F 4B 9A 16 5 0D 86 A8 35 33 79 17 2F 4 9A 41 F5 0D
17 2F C4 9A 41 F5 10 18 A 73 93 97 17 B2 C B9 4 6F 10 1
B2 C B9 4 6F 10 D1 6A 87 59 39 91 B FC 4B A 16 51 D 86
FC 4B A4 16 51 D1 86 87 359 33 79 7B 2F 4B 9A 416 F5 0D 186 A8
4B 9A 16 F51 0D 86 A8 35 33 979 17B 2F C4B 9A 41 F5 10D 18 A8 73
9A 416 F5 0D 186 A8 735 933 97 17 2F C4 9A 41 6F5 10 18 6A 73 593
41 F5 10D 18 A8 73 93 97 917 B2 C4 B9 41 6F 10 D1 6A 873 59 39
6F 10 1 6A 73 59 39 91 B FC B A4 6F 51 D1 86 87 59 33 79
51 D1 86 87 59 33 79 7B 2F 4B 9A 16 51 0D 86 A8 35 33 979 17

Page 3 of 5
0D 86 A8 35 33 97 17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2

fixed cost remains the same in both the periods.

18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39 91 B2 FC

21,600
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B

8,10,000
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 35 33 79 17B 2F 4B 9A
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35 93 97 17 2 C4 9 41
93 97 17 2 C4 9 41 6F 10 1 6A 73 93 39 91 B2 FC B A4 6F
39 91 B2 FC B A4 6F 51 D1 86 87 59 39 79 7B FC 4B 9A 16 51
79 7B F 4B 9A 16 5 0D 86 A8 35 33 79 17 2F 4 9A 41 F5 0D
17 2F C4 9A 41 F5 10 18 A 73 93 97 17 B2 C B9 4 6F 10 1

Variable cost for fir~t and second half of the year

B2 C B9 4 6F 10 D1 6A 87 59 39 91 B FC 4B A 16 51 D 86

17B2FC4B9A416F510D186A8735933979
FC 4B A4 16 51 D1 86 87 359 33 79 7B 2F 4B 9A 416 F5 0D 186 A8
Fuel ( consumed @4 kms Ilitre) Rs. 35 per litre

4B 9A 16 F51 0D 86 A8 35 33 979 17B 2F C4B 9A 41 F5 10D 18 A8 73

9A 416 F5 0D 186 A8 735 933 97 17 2F C4 9A 41 6F5 10 18 6A 73 593
Rs. 300 per month
Rs. 500 per month
Rs. 600 per annum

41 F5 10D 18 A8 73 93 97 917 B2 C4 B9 41 6F 10 D1 6A 873 59 39

Rs. 10 per 100 kms
Rs. 5000 per month
Rs. 5000 per month

Rs. 7,200 per month

Rs. 2000 per month

6F 10 1 6A 73 59 39 91 B FC B A4 6F 51 D1 86 87 59 33 79

The amount of profit or loss where sales are Rs. 6,48,000

51 D1 86 87 59 33 79 7B 2F 4B 9A 16 51 0D 86 A8 35 33 979 17

64,800
0D 86 A8 35 33 97 17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2

10,26,000
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39 91 B2 FC

f) The amount of sales required to earn a profit of Rs. 1,08,000

6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 35 33 79 17B 2F 4B 9A First half (Rs) Second half (Rs)
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35 93 97 17 2 C4 9 41
93 97 17 2 C4 9 41 6F 10 1 6A 73 93 39 91 B2 FC B A4 6F
39 91 B2 FC B A4 6F 51 D1 86 87 59 39 79 7B FC 4B 9A 16 51
79 7B F 4B 9A 16 5 0D 86 A8 35 33 79 17 2F 4 9A 41 F5 0
17 2F C4 9A 41 F5 10 18 A 73 93 97 17 B2 C B9 4 6F 10
passenger for both the out station trips. The information is given as follows:

B2 C B9 4 6F 10 D1 6A 87 59 39 91 B FC 4B A 16 51 D
FC 4B A4 16 51 D1 86 87 359 33 79 7B 2F 4B 9A 416 F5 0D 1
From the above table you are required to compute the following assuming that the
Shivam electronic Ltd. furnishes you the following income information of the year

4B 9A 16 F51 0D 86 A8 35 33 979 17B 2F C4B 9A 41 F5 10D 18

9A 416 F5 0D 186 A8 735 933 97 17 2F C4 9A 41 6F5 10 18
while on Satara trip and 80% of its capacity on Alibagh, but is fully occupied in
Passenger's tax IS 20% of the net takmgs. The bus IS occupIed 90% of ItS capacity
kms. Calculate the rate that the person should charge from passenger when he
wants to earn the profits of 25 % on his taking and also calculate the charge per
operation in month it retunes locally in Mumbai. Covering daily distance of 40

Cost of the bus Rs. 6,00,000 ( depreciation @ 20% p.a. : Normal Capacity: 50
kms. The trip is also completed on the same day. For the rest 4 Days of its
Paper / Subject Code: 71613 / Accountancy : Paper II - Advanced Cost Accounting.

41 F5 10D 18 A8 73 93 97 917 B2 C4 B9 41 6F 10 D1 6
6F 10 1 6A 73 59 39 91 B FC B A4 6F 51 D1 86
51 D1 86 87 59 33 79 7B 2F 4B 9A 16 51 0D 86 A8
0D 86 A8 35 33 97 17 2F C4 9A 41 F5 0D 18 A
[16]

18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 87
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 35
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35
93 97 17 2 C4 9 41 6F 10 1 6A 73 9
39 91 B2 FC B A4 6F 51 D1 86 87 59
79 7B F 4B 9A 16 5 0D 86 A8 35 3
17 2F C4 9A 41 F5 10 18 A 73 93
B2 C B9 4 6F 10 D1 6A 87 59 39
FC 4B A4 16 51 D1 86 87 359 33

f
f
f

4B 9A 16 F51 0D 86 A8 35 33 97
4 1 7 9
 B

,
7B 2FC C4B B9A 416 F51 10D 186 6A8 735 933
4 7
B2 2FC 4B9 9A4 16F F510 0D1 186AA87 359 9339 9791
FC 4B A4 16 51 D1 86 87 359 33 79 7B
2F 4B 9A 1 F5 0D 8 A8 35 3 97 17 2F
C 9 4 6F 10 1 6A 7 9 39 91 B C
C4 4B9 A41 16F 510 D18 86A 873 3593 3397 791 7B2 2FC 4B9
B A 5 D 8 5 7 F 4
4B 9A 416 6F51 10D 186 6A8 735 933 3979 917B B2F C4B B9AA41
9 4 1 F 0 1 8 A 7 3 9 3 9 1 2 C 6
B9 A4 6F 510 D1 6A 87 59 39 791 7B FC 4B 9A4 416 F51
A4 16F 51 D1 86A 87 359 339 79 7B 2FC 4B 9A 16 F51 0D
9A 16 5 0D 86 8 35 33 7 17 2F 4 9A 41 F5 0 18

Q:6
Q:5
41 F 10 18 A 73 93 9 91 B2 C B9 4 6F 1 D1 6A
41 6F5 510DD18 6A8 873 593 397 7917 7B2 FC4 4B9 A41 16F 510 0D1 86A 873
6 6 5 3 F A 5 8

81897
16 F51 10D 186 A87 735 933 979 917B B2F C4B B9A 416 6F5 10DD18 6A8 8735 593
F5 0D 18 A8 35 93 97 17 2 C4 9 41 F 10 18 6A 73 93 39
6F 10 1 6A 73 9 39 91 B FC B A4 6F 51 D1 6 87 59 3 79

•
•
•
•
•
51 D1 86 87 59 33 79 7B 2F 4B 9A 16 51 0D 86 A8 35 33 979 17
0D 86 A8 35 33 97 17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2

•
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39 91 B2 FC
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 35 33 79 17B 2F 4B 9A
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35 93 97 17 2F C4 9 41

completion.
Particulars
93 97 17 2 C4 9 41 6F 10 18 6A 73 93 39 91 B2 C B9 A4 6F

• Sales
39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B A 16 51
79 7B F 4B 9A 16 51 0D 86 8 35 33 79 17 2F 4 9A 41 F5 0D

• Material
17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2 C B9 4 6F 10 1

Material use as:

B2 C B9 4 6F 10 1 6A 87 59 39 91 B FC 4B A 16 51 D 86
FC 4B A4 16 51 D1 86 87 359 33 79 7B 2F 4B 9A 416 F51 0D 186 A8

• Direct cost
4B 9A 16 F51 0D 86 A8 35 33 979 17B 2F C4B 9A 41 F5 0D 18 A8 735

• Indirect cost

Direct Labour
9A 416 F5 0D 186 A8 735 933 97 17 2F C4 9A 41 6F5 10 18 6A 73 93
41 F5 10D 18 A8 73 93 97 917 B2 C4 B9 41 6F 10 D1 6A 873 59 39

• Direct Material
6F 10 1 6A 73 59 39 91 B FC B A4 6F 51 D1 86 87 59 33 79
Transaction for the year

• Indirect material

• Selling expenses
Wages paid allocated as:
51 D1 86 87 59 33 79 7B 2F 4B 9A 16 51 0D 86 A8 35 33 979 17

Cost of2,000 units

Work-in-Progress

• Material Purchase
0D 86 A8 35 33 97 17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2

Production Overhead
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39 91 B2 FC

• Labour and Overhead

• Production Expenses
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B

Units scrapped realized

• Material control AIC

87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 35 33 79 17B 2F 4B 9A

• Administration exposes
• Cost ledger control AIC

35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35 93 97 17 2F C4 9 41
93 97 17 2 C4 9 41 6F 10 18 6A 73 93 39 91 B2 C B9 A4 6F
control

Additional Direct Materials

39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B A 16 51
• Finished Good control AIC

79 7B F 4B 9A 16 51 0D 86 8 35 33 79 17 2F 4 9A 41 F5 0D

Evaluation and Process 'X' Account.

place for the year ended 30-06-2003.

17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2 C B9 4 6F 10 1
B2 C B9 4 6F 10 1 6A 87 59 39 91 B FC 4B A 16 51 D 86
AIC

FC 4B A4 16 51 D1 86 87 359 33 79 7B 2F 4B 9A 416 F51 0D 186 A8

• Closing stock of finished goods

4B 9A 16 F51 0D 86 A8 35 33 979 17B 2F C4B 9A 41 F5 0D 18 A8 735

• Value of finished goods produced

9A 416 F5 0D 186 A8 735 933 97 17 2F C4 9A 41 6F5 10 18 6A 73 93
41 F5 10D 18 A8 73 93 97 917 B2 C4 B9 41 6F 10 D1 6A 873 59 39

Page 4 of 5
6F 10 1 6A 73 59 39 91 B FC B A4 6F 51 D1 86 87 59 33 79
51 D1 86 87 59 33 79 7B 2F 4B 9A 16 51 0D 86 A8 35 33 979 17
0D 86 A8 35 33 97 17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39 91 B2 FC
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 35 33 79 17B 2F 4B 9A
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35 93 97 17 2F C4 9 41
"

93 97 17 2 C4 9 41 6F 10 18 6A 73 93 39 91 B2 C B9 A4 6F
39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B A 16 51
79 7B F 4B 9A 16 51 0D 86 8 35 33 79 17 2F 4 9A 41 F5 0D
17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2 C B9 4 6F 10 1
Rs.

B2 C B9 4 6F 10 1 6A 87 59 39 91 B FC 4B A 16 51 D 86

17B2FC4B9A416F510D186A8735933979
FC 4B A4 16 51 D1 86 87 359 33 79 7B 2F 4B 9A 416 F51 0D 186 A8
4B 9A 16 F51 0D 86 A8 35 33 979 17B 2F C4B 9A 41 F5 0D 18 A8 735
9A 416 F5 0D 186 A8 735 933 97 17 2F C4 9A 41 6F5 10 18 6A 73 93

Prepare the necessary control accounts in books of costing record

41 F5 10D 18 A8 73 93 97 917 B2 C4 B9 41 6F 10 D1 6A 873 59 39
2,80,000
1,80,000
1,20,000

6F 10 1 6A 73 59 39 91 B FC B A4 6F 51 D1 86 87 59 33 79
51 D1 86 87 59 33 79 7B 2F 4B 9A 16 51 0D 86 A8 35 33 979 17

Following further information is available relating to the process 'X' :

0D 86 A8 35 33 97 17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39 91 B2 FC
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 35 33 79 17B 2F 4B 9A
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35 93 97 17 2F C4 9 41

Prepare Statement of Equivalent production, Statement of cost, Statement of

Rs.14,400
Rs.33,400
Rs.58,000
93 97 17 2 C4 9 41 6F 10 18 6A 73 93 39 91 B2 C B9 A4 6F

Rs.16,700
39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B A 16 51
Rs

Rs.I0 each.
79 7B F 4B 9A 16 51 0D 86 8 35 33 79 17 2F 4 9A 41 F5 0
17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2 C B9 4 6F 10
Mis. AB CO. Ltd. is engaged in Engineering Industry. During the month of April,
4,80,000
3,60,000
4,80,000

2,40,000
2,40,000
9,00,000

5,40,000
1,80,000
5,80,000

B2 C B9 4 6F 10 1 6A 87 59 39 91 B FC 4B A 16 51 D
36,00,000
21,60,000
13,20,000

had to be scrapped in full. The incomplete units had reached the following stage of
You are required to pass the journal Entries for the following transactions that took

50% Completed
75% Completed
FC 4B A4 16 51 D1 86 87 359 33 79 7B 2F 4B 9A 416 F51 0D 1
'Y'. 460 units were incomplete and 140 units after passing through the process fully
2,000 units were introduced in process' X'. The normal loss was estimated at 5% of
input. At the end of the month 1,400 units were completed and transferred to process
4B 9A 16 F51 0D 86 A8 35 33 979 17B 2F C4B 9A 41 F5 0D 18
9A 416 F5 0D 186 A8 735 933 97 17 2F C4 9A 41 6F5 10 18
Paper / Subject Code: 71613 / Accountancy : Paper II - Advanced Cost Accounting.

41 F5 10D 18 A8 73 93 97 917 B2 C4 B9 41 6F 10 D1 6
6F 10 1 6A 73 59 39 91 B FC B A4 6F 51 D1 86
[16]
[16]

51 D1 86 87 59 33 79 7B 2F 4B 9A 16 51 0D 86 A8
0D 86 A8 35 33 97 17 2F C4 9A 41 F5 0D 18 A
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 87
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 3
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35
93 97 17 2 C4 9 41 6F 10 18 6A 73 9
39 91 B2 FC B A4 6F 51 D1 6A 87 59
79 7B F 4B 9A 16 51 0D 86 8 35 3
17 2F C4 9A 41 F5 0D 18 A 73 93
B2 C B9 4 6F 10 1 6A 87 59 39
FC 4B A4 16 51 D1 86 87 359 33
4B 9A 16 F51 0D 86 A8 35 33 97
7
7B 2FC C4B 9A 416 F51 10D 186 A8 735 933
2F 4 9 41 F5 0 18 A 73 93 97
2F C4B B9AA41 6F5 10DD18 6A8 8735 593 397 917
6 1 6 3 9
FC C4B 9A4 416 F51 0D1 186 A87 7359 933 979 17B B2F
4 9A 1 F 5 0 D 8 A 3 3 9 1 C
C4 B9 41 6F 10 18 6A 873 593 397 791 7B2 2FC 4B9
B9 A4 6F 510 D1 6A 87 59 39 91 7B FC 4B A4
4B A 16 51 D 86 8 35 33 79 7B 2F 4B 9A 1
4 1 7 9 6
B9 9A4 16F F510 0D1 86AA87 359 339 9791 17B 2FC C4B 9A4 416 F51
1 5 8
A 6 1 D 6 8 5 3 9 7B F 4 3 3 7 2 9 F
A 1 5 0D
A4 416F F51 0D1 186AA87 7359 9339 979 17B 2FC C4B B9A 416 6F51 10D 186
1 0 8 3 3 1 2 9 4 F 0 1 A

Q:8

Q:9
Q:7
41 6F5 510DD18 6A8 873 593 397 7917 7B2 FC4 4B9 A41 16F 510 D18 86A 873
6F 10 1 6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59

81897
16 51 D 86 87 5 33 79 7B F 4B 9A 16 5 0D 86 8 35 33
F 1 A 9 9 C 1
6F 510 0D1 86A 873 359 339 791 17B2 2FC 4B 9A4 416F F51 0D1 186AA87 7359 9339 979
51 D1 86 87 59 33 79 7B FC 4B 9A 16 51 0D 86 8 35 33 79 17
0D 86 A8 35 33 97 17 2F 4 9A 41 F5 0D 18 A 73 93 97 17 B2
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39 91 B2 FC
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B

4.

6.
2.

5.
3.
1.
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 35 33 79 17B 2F 4B 9A
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35 93 97 17 2F C4 9 41
93 97 17 2 C4 9 41 6F 10 18 6A 73 93 39 91 B2 C B9 A4 6F

Fixed
39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B A 16 51
79 7B F 4B 9A 16 51 0D 86 8 35 33 79 17 2F 4 9A 41 F5 0D Hours

Variable
17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2 C B9 4 6F 10 1
Particular

B2 C B9 4 6F 10 1 6A 87 59 39 91 B FC 4B A4 16 51 D 86

Sale price
Particulars

and Why?
FC 4B A4 16 51 D1 86 87 359 33 79 7B 2F 4B 9A 16 F51 0D 186 A8
4B 9A 16 F51 0D 86 A8 35 33 979 17B 2F C4B 9A 41 F5 0D 18 A8 735

Direct Wages
9A 416 F5 0D 186 A8 735 933 97 17 2F C4 9A 41 6F5 10D 18 6A 73 93

You are required to :

Output in units

Direct Material
41 F5 10D 18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39
Overheads cost:

Number of days
6F 10 1 6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79
51 D1 86 87 59 33 79 7B FC 4B 9A 16 51 0D 86 8 35 33 79 17
0D 86 A8 35 33 97 17 2F 4 9A 41 F5 0D 18 A 73 93 97 17 B2

Variable Overheads
Total overhead Cost
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39 91 B2 FC
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 35 33 79 17B 2F 4B 9A

Absorption Costing
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35 93 97 17 2F C4 9 41

2. Variable overhead cost

Fixed overheads are Rs.30, 000.

Write short notes on any FOLJR.

93 97 17 2 C4 9 41 6F 10 18 6A 73 93 39 91 B2 C B9 A4 6F
39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B A 16 51 I. Overheads Cost Variance

Equivalent Production.
79 7B F 4B 9A 16 51 0D 86 8 35 33 79 17 2F 4 9A 41 F5 0D

d) 150 units of product Y only

c) 150 units of product X only
17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2 C B9 4 6F 10 1
B2 C B9 4 6F 10 1 6A 87 59 39 91 B FC 4B A4 16 51 D 86
3. Fixed overhead cost variance
FC 4B A4 16 51 D1 86 87 359 33 79 7B 2F 4B 9A 16 F51 0D 186 A8
4B 9A 16 F51 0D 86 A8 35 33 979 17B 2F C4B 9A 41 F5 0D 18 A8 735
4. Fixed overhead volume variance
9A 416 F5 0D 186 A8 735 933 97 17 2F C4 9A 41 6F5 10D 18 6A 73 93

6. Fixed overhead capacity variance

Features of Marginal Coasting.

Advantage of Standard costing.
X
41 F5 10D 18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39
5. Fixed overhead effiOoiency variance
6F 10 1 6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79
51 D1 86 87 59 33 79 7B FC 4B 9A 16 51 0D 86 8 35 33 79 17

Rs.IOO
Rs.400

Page 5 of 5
Rs.I000
0D 86 A8 35 33 97 17 2F 4 9A 41 F5 0D 18 A 73 93 97 17 B2

a) 100 units of product X and 50 units ofY

b) 50 units of product X and 100 units of Y
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39 91 B2 FC
Budget

**************
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 35 33 79 17B 2F 4B 9A

100% Direct Wages

35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35 93 97 17 2F C4 9 41
Rs.18,000
Rs.15,000
Rs.3,OOO

50
7,500
15,000

93 97 17 2 C4 9 41 6F 10 18 6A 73 93 39 91 B2 C B9 A4 6F

Explain the Social objectives of cost audit.

39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B A 16 51
79 7B F 4B 9A 16 51 0D 86 8 35 33 79 17 2F 4 9A 41 F5 0D

Advantages Non -integrated costing system.

17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2 C B9 4 6F 10 1
B2 C B9 4 6F 10 1 6A 87 59 39 91 B FC 4B A4 16 51 D 86

17B2FC4B9A416F510D186A8735933979
Products
FC 4B A4 16 51 D1 86 87 359 33 79 7B 2F 4B 9A 16 F51 0D 186 A8
4B 9A 16 F51 0D 86 A8 35 33 979 17B 2F C4B 9A 41 F5 0D 18 A8 735
9A 416 F5 0D 186 A8 735 933 97 17 2F C4 9A 41 6F5 10D 18 6A 73 93
41 F5 10D 18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39
The following figures are extracted from the books of a company.
Actual

6F 10 1 6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79
51 D1 86 87 59 33 79 7B FC 4B 9A 16 51 0D 86 8 35 33 79 17
Y

0D 86 A8 35 33 97 17 2F 4 9A 41 F5 0D 18 A 73 93 97 17 B2
You are required to calculate the following overheads variances:
Rs.16,625
Rs.3,125

Rs.19,750
8,250

54
16250

18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 873 593 39 91 B2 FC Rs.200

Rs.400
Rs.640

6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 35 33 79 17B 2F 4B 9A
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35 93 97 17 2F C4 9 41
The following information in respect of Product X and Y of ABC Co. Ltd.

93 97 17 2 C4 9 41 6F 10 18 6A 73 93 39 91 B2 C B9 A4 6F
39 91 B2 FC B A4 6F 51 D1 6A 87 59 39 79 7B FC 4B A 16 51
100% Direct Wages

79 7B F 4B 9A 16 51 0D 86 8 35 33 79 17 2F 4 9A 41 F5 0
17 2F C4 9A 41 F5 0D 18 A 73 93 97 17 B2 C B9 4 6F 10
B2 C B9 4 6F 10 1 6A 87 59 39 91 B FC 4B A4 16 51 D
A. Calculate and present the marginal product costs and contribution per unit
FC 4B A4 16 51 D1 86 87 359 33 79 7B 2F 4B 9A 16 F51 0D 1
4B 9A 16 F51 0D 86 A8 35 33 979 17B 2F C4B 9A 41 F5 0D 18
B. State which of the following alternative sales mixes you would recommend?
9A 416 F5 0D 186 A8 735 933 97 17 2F C4 9A 41 6F5 10D 18
Paper / Subject Code: 71613 / Accountancy : Paper II - Advanced Cost Accounting.

41 F5 10D 18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6
6F 10 1 6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A
51 D1 86 87 59 33 79 7B FC 4B 9A 16 51 0D 86
[16]

[16]
[16]

0D 86 A8 35 33 97 17 2F 4 9A 41 F5 0D 18 A
18 A8 73 93 97 917 B2 C4 B9 41 6F 10 18 6A 87
6A 73 59 39 91 B2 FC B A4 6F 51 D1 6A 87
87 59 339 791 7B FC 4B 9A 16 51 0D 86 87 3
35 33 79 7B 2F 4B 9A 41 F5 0D 18 A8 35
93 97 17 2 C4 9 41 6F 10 18 6A 73 9
39 91 B2 FC B A4 6F 51 D1 6A 87 59
79 7B F 4B 9A 16 51 0D 86 8 35 3
17 2F C4 9A 41 F5 0D 18 A 73 93
B2 C B9 4 6F 10 1 6A 87 59 3
FC 4B A4 16 51 D1 86 87 359 33
f

4B 9A 16 F51 0D 86 A8 35 33 97