SPRING 2013 EXAMINATIONS Tuesday, the 27th August 2013 COST ACCOUNTING – (AF-201)
Time Allowed: 02 Hours 45 Minutes
(i) (ii) (iii) (iv) (v) (vi) (vii) (viii) SEMESTER-2
Maximum Marks: 90
Attempt all questions. Answers must be neat, relevant and brief. In marking the question paper, the examiners take into account clarity of exposition, logic of arguments, effective presentation, language and use of clear diagram/ chart, where appropriate. Read the instructions printed inside the top cover of answer script CAREFULLY before attempting the paper. Use of non-programmable scientific calculators of any model is allowed. DO NOT write your Name, Reg. No. or Roll No. anywhere inside the answer script. Question No.1 – “Multiple Choice Question” printed separately, is an integral part of this question paper. Question Paper must be returned to invigilator before leaving the examination hall.
Marks Q. 2 (a) SIK Limited is a renowned textile company, established in 1979. Due to the high competition in the industry, the management of the company is willing to analyse that where it stands in the industry. The management has gathered the data of two other renowned companies in same industry and provided you to compare their performance. Companies in Same Industry SIK 4,000,000 400,000 2,000,000 –?– –?– –?– IGG 2,000,000 200,000 –?– –?– –?– 1% Rupees BNI –?– –?– 20,000,000 0.5% 2 –?–
Revenues Income Investment Income as % of revenue Investment turnover Return on investment Required:
As a Management Accountant of the company, calculate the missing figures and on the basis of that, comment on the relative performance of these companies. (b) M/s. Cure Pharma is a multinational pharmaceutical company. It manufactures various products. The total cost of one of its products “X” for two different activity levels are as follows: Production Volume (Units) Total Cost (Rs.) 2,000 30,000 8,000 60,000
Required: Using high and low point...