IThis question paper contains 12 printed pages.

Your Roll No....JI....

Sr. No. of Question Paper: 590 G

Unique Paper Code : 2922 101102

Name of the Paper Accounting For Managers

Name of the Course : B.A. (Hons.) Business
Economics

Semester
Duration: 3 Hours Maximum Marks : 90

Instructions for Candidates

1. Write your Roll No. on the top immediately on receipt

of this question paper.

2. This paper contains 6 questions.

3. Attempt ANY FIVE questions.

4. All questions carry equal marks.

5. Use of simple calculator is permitted.

P.T.0.
 and yearon
additional
Balance
Profit as
the Sheet (Rs.)
1,00,000
the Revenue costing Credit 1,40,000
and and for 4,000 30,000
of accounting Balance
Three) marginal Balance Ltd. Balance
Trading
(Rs.)
adnd PORa Debit 90,000
12,000 20,000 18,400 80,000 10,000
5,000 5,000
(Any financialvs. and
2 Trialthe
measurement M/s.
costing 2022 p.a.
Short
notes
on (b)
Break-Even
Point prepare
following 6%
of of March at
1.7.2021
Limitations
Absorption Account
principle information,
Money the 1st Plant
and
Land
and Machinery
Buildings on
3 that
date Gopal
Returns
Outward Returns
Inward
Write From Lossended Particulars
(c) from
Aa) (d) Drawings Furniture Debtors Purchases
Carriage
590 Capital
Sales Loan
1. 2.
 2022 and wereaccepted
money P.T.0.
2,97,000 March, 2022goods
claim
1,000 10,000 12,000
Company
380 March, the
31st general
paid
2,97,000 on
23rd and
Insurance
21,300
18,500 4.6001,280
AC8.000 goods
1,000 800 of only
600 500 400
Additional
Information
: 27,300. on 2022.
T worth 6,000
3 General
31.3.2022 occurred The April,
Debtors 1.4.2021 Rs. 10,000 Rs.
destroyed.
Debts Department of at for 10h
on on on
valued claim
Stationary
and
PrintingDoubtful
Discount goods Goods Stock Fire Rs. on
SundryExpenses
Insurance
Expenses Wages
and
Salaries
general
Textile Textile
Debtors
Trade at Hand
in
Cash
Bank
Cash (i) (ii)
for for
ProvisionDebts
Bad
Provisionof Creditors
of
590 of
ProfitStock Stock
 590

(a) (vii) (vi) (iv) (ii)

(V)
units The for
Received discount.debtors. written
is
Insurance Furniture.on Charge
Buildings, for The notMarch, Bad
to
Expenses
in personal
proprietor recorded be Debts
a 2022 made off.
factory depreciation Rs. Make
prepaid 20% Provision
amounting
for use in but
took 6,000 a at
are the on but Purchases provision 5%
amounts Plant the 4
noaway and for
furnished budget invoice worth
at record to
and goods for Bad
production 2% Book. of Rs.
to Machinery,
was of discount and
below: Rs. of 2%
400
on made worth purchase goods
200. on doubtful
Land Rs. at arc
of thereof. on creditors
10,000 and 2%
2,000 debts to
(18) 5% and was 27h
on be
 590

Variable
(Direct)
Selling Expenses Variable
Fixed Overheads Labour MaterialParticulars
all
following Assuming Total
Distribution
Administration
levels Overheads
Cost Expenses
levels of
administrative Expenses
per
production, Expenses
(10% (Rs.
of Unit
production (20% 1,00,000) 5
Fixed)
(Rs.
prepare
expenses Fixed)
50,000)
:
a
budget are 155 5 7 13 5 10 20 25 70 (Rs.)
UnitPer
fixed
P.T.O. for
the for
 A. 590
(a) (b)
OÏFrom materials
Actual
used Actual
price (Actual
output(StandardStandardStandard Material From
output Variance.
X 10,000
units.
(ii) 6,000
units(ii) 8,000
units()
Ltd. the the
following unitper
price material Cost
prepare following
per Variance
Cash details b.
6
information
Flow and
relating
250lbs. 2.50Rs. units80 100
lbs. 3 units
(ii)
Statement: Rs. 2
to Material
the calculate
Accounts
(12,6) Price
(i)
 590

Investments Proposed Debentures

Provision
taxation
dividend for Profit
Reservescapital
Share
Cash Stockdelbtors Machinery andAssets:
Landand Plant
Sundry Building creditors
Sundry Liabilities;--
in and
(ii) (i) hand Loss
opening
35,000.Rs.50,000During Depreciation /bank Account

the value
(WDV
year 7
@25%
of 31-03-2023
Rs.
25,00,000 5,00,000
4,00,000
2,00,000 6,00,000
1,00,000 2,00,000
7,00,000
7,00,000 25,00,000 2,00,000
1,00,000 2,00,000
1,00,000 10,00,000
20,000) one Plant
old was
and
machine
was Machinery.charged
2,00,000 5,00,000 20,00,000
7,00,000 4,00,000 60,000 8,00,000
1,50,000 31-03-2022
Rs.
20,00,000
2,00,000 8,20,0001,00,00070,000
sold
P.T.0. costing on
for the
 5.
590
(a) (b)
Carriage
Inward Rent, Wages Particulars:
Direct Purchase 31-03-2023 : The
relates analysis.Explain
(iv) (ii)
rates following
to Statement. to
anyBuilding during
year.
the
of the Rs.50,000
and raw commodity significance
Insurance material extract depreciation. under
was
construction 8
A of
and paid
for
costing
limitations Prepare towards
the
year was
information
Cash not income
20,000 50,000 60,000 ending of
(12,6) ratio subject
1,000 Rs. flow
tax
 590
Work Raw
WorkFinishedmaterials materials
Raw
Rs.
commodityAdvertising, Sale Cost Stock Finished Stock
Prepare
Profit
Net(i) 0.40 of
(ii) of-in-progress -in as as
Selling Finished factory Products
a per -progressProducts on on
Cost
were discount 31-03-2023 1-4-2022:
unit
Price Sheet supervision
Products (2,000
as (4,000 9
produced sold. as
per allowed on on
to
unit 31-3-30231-4-2022 units) units)
ascertain 32,000
during and
selling
: units
the
costs
period. of
1,50,000
P.T.0. 4,000 8,000 2,400 11,000 8,000 10,000
the total
 6.
590
(a) (b)
when: Total
Comment Overheads
Variable hour) Direct
Material Sales tworecords The
(ii) (i) the
What
Raw Total fixed products following cost
LabourCost(Rs. arc
on of bencfit
materials sale overheads the
the (Rs. 50 company a
A rclevant
in per
profitability 30Kg) and particulars analysis
is value : per B
in Rs.
10
is 250 A
engaged
from considcrations
short 750 500 2500 unit)
(perRsProduct
. of
limited. 10,00,000 makc
a are
supply. of certain in
each taken or
500 (perRsProduct
1,500 1,250 5,000 unit) . Bmanufacturing buy
material: involved
product from decision?
(12,6)
the
in
 11
s90
(ii) Production capacity is the limiting factor.
(iv) Total
availability of raw materials is 20.000
Kg. and
maximum sales potential of each
nroduct is 1,000 units. Find the
to product mix
yield maximum profits.
(b) ABC Ltd.
annually manufactures and sells
units of a product, the 25,000
Rs. 50 and profit
selling price of which is
earned is Rs. 10 per unit. The
analysis of cost of 25,000 units is :
Rs.
Material Cost
3,00,000
Labour Cost
1,00,000
Overhead
4,00,000
(50% variable)

You are required to calculate:

(i) Break-even sales in units and in Rs.

P.T.0.
 590

(ii) ()
Profit 3,50,000Rs. Sales

when
required
20,000 12

units to
earn
are
sold. a
profit
(12,6)
of