Old Exam Papers June 2012 (Set 2)

4. Cost Accounting can usefully be applied to all types of
business and manufacturing company, also commodity
marketing. Explain this statement and show the
e-commodity business nature cycle.
5. What is Marginal Costing and Absorption Costing ?
Differentiate between the Marginal and Absorption
Costing.
6. If you are a decision-maker of manufacturing company,
which investment appraisal method do apply in your
business and why ?
7. The following data are provided :
Period Sales (j) Profit (j)
I Year 1,00,000 10,000
II Year 1,50,000 20,000
Ascertain the following :
(i) The P/V ratio
(ii) Profit when sales are j 60,000/-
(iii) Sales required to earn a profit of j 16,000
8. What do you understand by capital structure and what
are the factors that affect the form of capital structure ?
9. Write short notes on the following :
(i) Limitations of Ratio Analysis
(ii) Variance Analysis
(iii) Dividend Distribution Policy
(iv) Budgetary Control
600 2 MS-04 MS-04 3 600