BBS 2nd Year Cost & Management Accounting 2081 Questions Paper with Answers

We have the BBS 2nd Year Cost & Management Accounting 2081 Questions Paper with Answers.

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BBS 2nd Year Cost & Management Accounting 2081 Questions Paper with Answers

Following are the BBS 2nd Year Cost & Management Accounting 2081 Questions Paper.

1. Write any two limitations of cost accounting.

2. Define the indirect cost with an example?

3. Define “Just in Time” inventory policy.

4. Write down the meaning of labour turnover.

5. What is normal loss?

6. Q. 6: A manufacturing company provides you the following information: Total cost at economic order quantity Rs. 3,000; Ordering cost per order Rs. 60; Cost per unit of material Rs. 20; Carrying cost is 10% of inventory value. Required: Annual requirement. [2]

Q. 7: The following data are given to you: Standard time allowed 160 hrs; Actual time taken 140 hrs; Wage rate per hour Rs. 20. Required: Bonus under Rowan premium plan. [2]

8: A Company Ltd. is working now at its annual normal capacity of 10,000 units. The total cost per unit is Rs. 50. The annual fixed costs are Rs. 160,000. Required: Total cost at 80% of the normal capacity. [2]

Also: Job Vacancy in Consultancy.

9: The following information is available in respect of a material: Maximum stock level = 20,000 units; Consumption per day = 2,000 – 3,000 units; Re-order period = 4 – 6 days. Required: Reorder quantity. [2]

10: Following particular are provided: Cost of selection Rs. 30,000; Training cost Rs. 24,000; Cost of welfare services Rs. 26,000; Loss due to inefficiency of new workers Rs. 10,000; Average no. of workers 50; No. of workers replaced 100. Required: Replacement cost per employee. [2]