Trending ▼   ResFinder  

CA IPCC : Question Paper (with Answers) - COST ACCOUNTING & FINANCIAL MANAGEMENT Nov 2010

23 pages, 33 questions, 0 questions with responses, 0 total responses,    0    0
CA IPCC
Tilak Vidyalaya Higher Secondary School (TVHSS), Kallidaikurichi
+Fave Message
 Home > ca_ipcc >   F Also featured on: victor67 rohityadav27

Formatting page ...

PAPER 3 : COST ACCOUNTING AND FINANCIAL MANAGEMENT Question No. 1 is compulsory Attempt any five questions from the remaining six questions. Working notes should form part of the answer Question 1 Answer the following: (a) Compute the sales variances (total, price and volume) from the following figures: Product Budgeted quantity Budgeted Price per Unit (`) Actual quantity Actual Price per unit (`) P 4000 25 4800 30 Q 3000 50 2800 45 R 2000 75 2400 70 S 1000 100 800 105 (b) ABC Limited has received an offer of quantity discounts on its order of materials as under: Price per tonnee (`) Tonnes Nos. 4,800 Less than 50 4,680 50 and less than 100 4,560 100 and less than 200 4,440 200 and less than 300 4,320 300 and above The annual requirement for the material is 500 tonnes. The ordering cost per order is ` 6,250 and the stock holding cost is estimated at 25% of the material cost per annum. Required : (i) Compute the most economical purchase level. (ii) Compute E.O.Q. if there are no quantity discounts and the price per tone is ` 5,250. (c) MNP Limited has made plans for the next year 2010 -11. It is estimated that the company will employ total assets of ` 25,00,000; 30% of assets being financed by debt at an interest cost of 9% p.a. The direct costs for the year are estimated at ` 15,00,000 and all other operating expenses are estimated at ` 2,40,000. The sales revenue are estimated at ` 22,50,000. Tax rate is assumed to be 40%. Required to calculate: The Institute of Chartered Accountants of India

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

 

  Print intermediate debugging step

Show debugging info


 


Tags : CA IPCC, sample / model / mock / past / previous / old / online test papers, Group I, Group II, accounting technician course, atc, accounts, accounting, business laws, ethics, communiation, cost accounts, cost accounting, financial management, fm, tax, taxation, advanced accounting, audit, auditing, assurance, itsm, it & sm, information technology, strategic management, Integrated Professional Competence Course, may, november, 2015, 2014, 2013, 2012, 2011, 2010, 2009.  

© 2010 - 2024 ResPaper. Terms of ServiceContact Us Advertise with us

 

ca_ipcc chat