ZANTYE BROTHERS EDUCATIONAL FOUNDATION’SNARAYAN ZANTYE COLLEGE OF COMMERCE

BICHOLIM-GOA

F.Y.B.COM. SEMESTER – II (REGULAR) NEW SYLLABUSSEMESTER END EXAMINATION, APRIL – 2016

ADVERTISING –I (VOC)

DURATION: 2 HOURS DATE : 20 /04/2016 at 10:00 a.m. to 12:00 p.m. MAX.MARKS: 80 INSTRUCTIONS: *All questions are compulsory, however internal choice is

available *Answer QI & QII in around 100 words each *Answer QIII, QIV, QV & QVI in around 400 words each *Figures to the right indicate full marks to the question

QI Write short notes on the following (ANY FOUR) (16 marks)a) Body & display copyb) Guidelines for drafting a good copy

c) Role of a slogan in an advertisementd) Role of a logo in an advertisement e) Comparative and contrast adsf) Grid layout

Q II Write short notes on the following (ANY FOUR) (16 marks)a) Four ways the client can maintain cordial relations with the agencyb) Difference between an ad agency and an ad department

c) Types of ad agenciesd) Four reasons for client turnovere) Internal structure of an ad agencyf) Commission method of remuneration

Q III A) Explain the various elements of a copy. (12 marks) OR

B) Explain the importance of having a headline and illustration (12marks) in an advertisement.

Q IV A) Explain the various layouts which can be used in an advertisement. (12 marks) OR

B) Explain the various types of illustrations. (12 marks)

Q V A) Explain the various functions of an ad agency. (12 marks) OR

B) Explain the role of the agency in maintaining cordial relations with (12 marks) the client.

Q VI A) Explain the factors in the selection of an ad agency. (12 marks) OR

B) Explain the various methods of agency compensation. (12 marks)

***************F.Y.B.COM. SEMESTER – II (REGULAR) NEW SYLLABUS

SEMESTER END EXAMINATION, APRIL – 2016

ENVIRONMENTAL STUDIES

DURATION: 1 1/2 HOURS DATE : 18/04/2016 at 10:00 a.m. to 11:30 a.m. MAX.MARKS: 40

Instructions:1)All questions are compulsory2) This paper contain six questions and number of page is one3) Draw diagrams / sketches wherever necessary

Q NO .I} Write short note on any two of the following (8)

i. Acid rainii. Consumerism and waste productsiii. Sustainable development

Q NO. II} Answer any two of the following (8)

i. What are the various causes for water pollution?ii. Describe briefly the effects of noise pollution on human health.iii. What are the urban problems related to energy?

Q NO. III} Answer any one of the following

(6)i. Discuss the methods for watershed management.ii. Briefly explain the role of an individual in prevention of water

pollution.

Q NO. IV} Answer any one of the following (6)

i. What measures can be taken for the management of earthquake disaster?

ii. Explain the different causes responsible for generation of solid waste.

Q NO. V} Answer any one of the following

(6) i. Highlights the important objectives for rehabilitation programme.

ii. Discuss various measures of Wasteland reclamation.

Q NO. VI} Answer any one of the following (6)

i. Discuss the role of information technology in environment.ii. Explain the effects of Ozone layer depletion.

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F.Y.B.COM. SEMESTER – II ( REGULAR & REPEAT ) NEW SYLLABUSSEMESTER END EXAMINATION, APRIL - 2016

FINANCIAL ACCOUNTING -II

DURATION: 2 HOURS DATE : 04 /04/2016 at 10:00 a.m. to 12:00 noon MAX.MARKS: 80------------------------------------------------------------------------------------------------------------------

INSTRUCTIONS: - 1) Questions NO.1 is Compulsory.2) Answer Any Three questions from Q.NO.2 to Q.NO.6

3) All questions carry equal marks.

Q.NO.1. Bharat Traders , Baroda has a branch at Surat to which goods are supplied by Head office (20) At 25% on cost price . Branch remits all cash received by the head office and all Expenses ,

except petty cash expenses of the branch are paid by the Head office by cheques.

Prepare Surat Branch A/C , Debtors A/C and Petty Cash A/C taking in to consideration the

following information for the year 2014-2015.

Particular Balances as on 01/04/2014 Balances as on 31/03/2015Stock in trade Rs 1,00,000 Rs. 57,600Debtors Rs 10,000 Rs. 54,000Petty Cash in Hand Rs. 100 -

Rs Goods sent to branch 2,00,000Total Sales 3,00,000Cash received from Debtors 1,90,000Goods returned by Debtors 2,000Discount allowed to customers 4,000Allowances to customers 2,000Bad debts written off 4,000

Bills receivable from Debtors 4,000Cheques sent to branch for expenses :- i) Salaries 9,530ii) Rent 2,400iii) Advertisement 1,200Petty expenses by Branch 950Petty Cash remittances to Branch 1,000The Branch Manager is entitled to a commission of 10% on branch profits before charging such commission.

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Q.NO.2 . A, B, and C were partners in a firm sharing profits & losses in the ratio of 1:2:1 They (20) decided to dissolve the firm when their position as on 31/12/2012 was as Under.

Balance sheet as on 31st December 2012

Liabilities Rs Assets Rs Capitals A 36,000 Fixed Assets 70,000B 52,000C 16,000Sales Tax 5,000 Stock- in –trade 40,000Creditors 15,000 Debtors 20,000Reserves 16,000 Cash 10,000

The assets were realised gradually and the distribution were made as and when cash became Available .The realisations made in 2013 were as follows.

24th January—1st Installment Rs 21,000

28th February—2nd Installment Rs 8,000

31st March --- 3rd Installment Rs 6,000

Realisation expenses were estimated at Rs 3,000 but in March the actual expenses amounted

to Rs 1,000. C became insolvent and could contribute Rs 1,000 only from his private estate.

Prepare a statement showing Distribution of Cash as per Maximum Loss method giving

effect to the ruling in Garner v/s Murray Case.

Q.NO.3 From the following Trial Balance of Big Bazar Departmental stores , Mumbai . Prepare (20) Trading Account, Profit & Loss Account for the year ended 31st March 2013 and Balance sheet as on that date.

Trial Balance as on 31st March 2013 Particulars Debit CreditStock as on 01/04/2012 Dept. A 34,000Dept. B 29,000Purchases Dept. A 70,000Dept. B 60,000Sales Dept. A 1,21,600Dept. B 1,02,500Wages Dept. A 16,400Dept. B 5,400Rent & taxes 18,780Sundry exps 7,200Salaries 6,000Lighting & heating 4,200Discount allowed 4,482Discount received 1,300Advertising 7,360Carriage inward 4,680Furniture and fitting 6,000Machinery 42,000Sundry debtors 12,120Sundry creditors 36,000Capital 95,320Drawings 9,000Cash at bank 20,098

3,56,720 3,56,720

The following information is also provided :- 1) Transfer of goods from A Dept. to B Dept. amounted to Rs 840 and from B Dept to A dept. of Rs 1,000 2) The items like Rent and Taxes , Sundry Expenses , Lighting and Heating , Salaries, Carriage Inward etc. are to be apportioned 2/3 to Dept. A and 1/3 to Dept B.

3) Advertisement is to be apportioned equally . 4) Discount allowed and Discount received are to be apportioned on the basis of departmental sales and

purchases excluding transfers. 5) Depreciation @ 10% p.a. on furniture and fittings and on Machinery is to be charged

¾ to dept. A and ¼ to B Dept. 6) Stock as on 31st March 2013, in A Dept. was Rs 33480 and in B Dept. was Rs 24,100.

-3- Q.NO.4 . From the following transaction Prepare a Stores Ledger Account . Using (20)

FIFO method and Weighted Average Method. 2015 1 May opening stock 600 units @Rs 14 each 3 May Purchase GRN 293 300 units @ Rs 15 each 5 May Issued SR 195 500 units 7 May Purchased GRN 296 900 units @ Rs 16 each 8 May Issued SR 199 600 units 12 May Issued SR 203 200 units 23 May Purchased GRN 305 400 units @ Rs 18 each 27 May Issued SR 210 500 units

Q.NO.5. There was a fire in the godown of Rolex Trading Co. Ahmedabad on 31st December (20) 2014. but the accounting records and subsidiary books were saved. The following Accounting

information was made available.

Stock on 1st July 2013 Rs 88,000

Purchases for the year ended 30th June 2014 Rs 1,03,600

Purchase return for the year 2013-14 Rs 1,600

Carriage inward for the year 2013-14 Rs 18,000

Sales for the year ended 30th June ,2014 Rs 1,81,400

Sales returns for the year 2013-14 Rs 1,400

Stock on 30th June ,2014 Rs 61,600

Purchases from 1st July 2014 to 31st December ,2014 Rs 64,800

Returns to suppliers from 1st July ,2014 to 31st December , 2014 Rs 800

Carriage inward for the period 1st July 2014 to 31st December 2014 Rs 8,000

Sales from 1st July 2014 to 31st December 2014 Rs 1,01,600

Returns from customers from 1st July 2014 to 31st December 2014 Rs 1,600

There was a practice in the firm to value stock at 10% above cost . Stock worth Rs 8,000 was

saved . The amount of the policy was Rs 42,000 incorporating an average clause in the policy.

Calculate the insurance claim to be lodged with the insurance company for loss of stock by fire.

Q.NO.6 . Write a short notes (Any Four) (20) 1) What is Piecemeal Distribution of Cash 2) Basis of Allocation of Departmental Expenses 3) Types of Branches 4) Average Clause

5) Prepare Specimen of Debtors Account 6) Base Stock Method.

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F.Y.B.COM. SEMESTER- II (REGULAR & REPEAT) NEW SYLLABUSSEMESTER END EXAMINATION, APRIL -2016

GENERAL MANAGEMENT-II

DURATION: 2 HOURS DATE:-01/04/2016 at 10:00a.m. to 12:00 noon MAX. MARKS: 80Instructions: 1) All questions are compulsory, however internal choice is available. 2) Figures to the right indicate maximum marks.

Q.1. Write short notes on Any Four of the following: (4x4 = 16 marks) i. Features of Business Ethics.

ii . Factors influencing Corporate Responsibility. iii . Concept of Managing Change. iv . Causes of Resistance to change v . Ethical dilemma . vi. Corporate responsibility and consumers.

Q.2. Write short notes on Any Four of the following: (4x4 = 16 marks) i . Inter- Personal conflict. ii . Group Dynamics iii . Conflict Resolution iv. Role of Board of Directors v. Features of Committees. vi . Stimulating Conflict .

Q.3.(A) Define Corporate Responsibility . Explain the need for Corporate ( 12) Responsibility.

OR

(B) Explain the importance of Business Ethics. (12)

Q.4. (A) What are the organizational factors affecting resistance to change? (12 )

OR

(B) Explain the steps involved in the process of Managing Change. (12)

Q.5. (A) What are the strategies for resolving conflict in an organisation? (12)

OR

(B) Discuss the causes of conflict in an organization. (12)

Q.6. (A) What is structure of Work Group? Explain its main components. (12)

OR

(B) Suggest measures to make committees effective. (12) **********************

F.Y.B.COM. SEMESTER- II (REGULAR & REPEAT) NEW SYLLABUSSEMESTER END EXAMINATION, APRIL -2016

INFORMATION TECHNOLOGY (CYBER SECURITY)

DURATION: 2 Hours DATE: 09/04/2016 at 10:00a.m. to 12:noon MAX. MARKS: 80Instructions: 1) All questions are compulsory, however internal choice is available. 2) Figures to the right indicate maximum marks.

Q1. Answer the following questions (any four). (44 = 16)a. What is IP Addressing? Differentiate between static and dynamic IP addressing.b. Write a note on protocols.c. Explain the threats of mobile application.d. Write a note on privacy policy.e. Mention some preventive measures one could adopt against cyber crime.f. Discuss the effect of cyber crime.

Q2. Answer the following questions (any four). (44 = 16)a. Explain the procedure of application for bail.b. What is phishing? How it happens?c. Write a note on online harassment.d. How to report cyber crime.e. Write a note on software patent.f. Mention the areas where IT law 2000 fails.

Q3. Answer the following question. A) Explain social media and discuss about its safe usage. Name some (5+5+2=12)

Social networking sites.OR

X) Write notes on (i) Vulnerabilities (ii) Spoofing attack (iii) Malware threat. (4+4+4=12)

Q4. Answer the following question. A) Why online privacy is so important. Mention some sensitive personal (4+2+6=12) information. How can you protect both your personal and work related data?

OR X) Write notes on (i) Cyber squatting (ii) Intellectual property right. (6+6=12)

Q5. Answer the following question. A) What is cyber crime? Discuss various types of cyber crime. (2+10=12)

OR X) What is cyber law? Why do we need cyber law? Explain cyber crime (2+3+7=12) against society.

Q6. Answer the following question. A) What is computer forensics? Explain the steps of forensic investigation. (2+4+6=12)

Who are the users of computer forensics? OR

X) Write short notes on (i)Computer forensic software, (ii)Electronic evidences. (6+6=12)

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F.Y.B.COM. SEMESTER- II ( REGULAR & REPEAT) NEW SYLLABUSSEMESTER END EXAMINATION, APRIL -2016

MANAGERIAL ECONOMICS

DURATION: 2 Hours DATE: 12/04/2016 at 10:00a.m. to 12:noon MAX. MARKS :80INSTRUCTIONS: i) All questions are Compulsory, however internal choice is available. ii) Figures to the right indicate maximum marks iii) Calculator is allowed.

Q.NO.1 Answer ANY FOUR from the following : ((4x4=16)

i) What is Price Discrimination ?Explain any three types of Price Discrimination with examples .

ii) Write a short note on Multiplant monopoly . iii) What is Capital Budgeting ? Explain the process involved in Capital

Budgeting. iv) Explain any four disadvantages of Payback Period Method.

v) Write a short note on Risk Premiums. vi) What do you mean by Cost of Retained Earnings.

Q.NO.2 Answer ANY FOUR from the following (4x4=16)

i) Write a short note on Penetration Pricing Strategy ii) What is Profit? List the different kinds of profit. iii) Explain the Marginal Cost Pricing strategy adopted by firms. iv) Going rate pricing strategy is popular in monopolistic and oligopoly markets.

Explain. v) List any four general consideration required while formulating pricing policy . vi) What do you mean by profit policy ? List any two profit policy

followed by a businessmen .

Q.NO.3.A)With a neat labelled diagram explain the kinked curve of an Oligopoly firm and write any four features of an oligopoly firm.

(12)

OR B)

Q.NO.4.A)

Determine the Short Run Equilibrium of a firm under monopolistic Competition

With the help of a neat labelled diagram explain the price skimming strategy .

(12) (12)

OR B) What is retail pricing ? Explain any two popular strategies of retail

Pricing. (12)

Q.NO.5.A)Briefly enumerate on social and economic objectives of a business Enterprise .

(12)

OR B) ‘A’ ‘Royale ’ company ltd. produces compact disks. The company has actual

Sales of Rs 10,000 . The total Fixed Cost is Rs 2,500 . And the Variable Cost is Rs 7,and the Selling Price is Rs 12 per unit .You are required to calculate the following. i)Break –Even point in terms of physical units.ii) Break - Even point in terms of sales value.iii) Safety Margin iv) Sales Value needed to attain the target Profit of Rs 30,000.

(12)

Q.NO.6.A)What is Social Cost benefit Analysis? Briefly elaborate on the steps involved in (12)

evaluation of social cost benefit analysis. OR

B) What is accounting rate of return method ? Using the following data Calculate the average rate of return of the project which requires an Initial investment of Rs 5,00,000 and is assumed to have a zero scrap value . It is expected to yield profits after depreciation and taxes during the five years amounting to Rs 40,000 , Rs 60,000 , Rs 70,000, Rs 50,000 and Rs 20,000

(12)

F.Y.B.COM. SEMESTER- II ( REGULAR & REPEAT ) NEW SYLLABUSSEMESTER END EXAMINATION, APRIL -2016

MARKETING COMMUNICATION (VOC)

DURATION: 2 Hours DATE: 06/04/2016 at 10:00a.m. to 12:noon MAX. MARKS: 80INSTRUCTIONS: i) All questions are Compulsory. ii) Figures to the right indicate maximum marks.

Q.NO.1 Answer ANY FOUR from the following:- (4x4=16) a) Explain any four benefits of Salesmanship . b) Explain any four reasons for growing importance of integrated

Marketing communication. c) Write a Short note on Check –List Method. d) Elaborate on any four functions of public relation officer . e) Write a short note on E-Mail and Kiosk Marketing. f) Discuss any four objectives of Sales Promotion.

Q.NO.2 Answer ANY FOUR from the following ((4x4=16) a) Discuss any four features of advertising agency. b) Explain the theory of Cognitive Dissonance. c) Discuss the importance of House Organs and Journals in Public

Relations. d) Explain the steps in Selling Process in brief. e) Write a short note on Salesforce Promotion . f) Explain Telemarketing and Catalogue Marketing.

Q.NO.3A) Explain the meaning and types of advertising Budgets. (12) OR

B) Why Pre- Testing the effectiveness of advertising is important ?Explain various methods of Pre- Testing.

(12)

Q.NO.4A) Discuss some of the features of Personal Selling. (12) OR

B) Discuss AIDA model in Selling. (12)

Q.NO.5.A) Explain the meaning and types of public in detail. (12) OR

B) Discuss various tools of Public Relations with examples. (12)

Q.NO.6.A) Explain various dealer promotional tools in Sales Promotion. (12) OR

B) Discuss various types of advertising means included in outdoor advertising.

(12)

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F.Y.B.COM. SEMESTER- II ( REGULAR & REPEAT) NEW SYLLABUSSEMESTER END EXAMINATION, APRIL -2016

MARKETING MANAGEMENT-II

DURATION: 2 Hours DATE: 15/04/2016 at 10:00a.m. to 12:noon MAX. MARKS: 80INSTRUCTIONS: i) All questions are compulsory . However , internal choice is Available. ii) Figures to right indicate full marks.

Q.NO. 1 Write Short Notes on Any Four of the following. (4x4=16) (a) Packaging (b) Product Planning (c) Reason for new product development (d) Competition Pricing. (e) Importance of Pricing (f) Cost based Pricing

Q.NO. 2 Write Short Notes on Any Four of the following. (4x4=16) (a) Role of Advertising

(b) Sales Promotion (c) Publicity (d) Inventory Management (e) Material Handling (f) Any two channels of Distribution Q.NO. 3(a) Explain the stages in Product life cycle. (12) OR (b) Highlight the importance of labelling in marketing a product. (12)

Q.NO. 4(a) Explain the factors considered while fixing the price of a

product. (12)

OR (b) Explain the different Pricing policies. (12)

Q.NO. 5(a) Explain the Steps in Personal Selling Process to be followed by salesperson. Promotion?

(12)

OR (b) Discuss the various tools used for sales promotion . (12)

Q.NO. 6(a) Explain the factors influencing the choice of channels of Distribution.

(12)

OR (b) Define Channel of Distribution ? Explain the distribution (12)

Channel policies.

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F.Y.B.COM. SEMESTER – II (REGULAR & REPEAT ) NEW SYLLABUSSEMESTER END EXAMINATION, APRIL - 2016

MATHEMATICAL TECHNIQUES

DURATION: 2 HOURS DATE : 06/04/2016 at 10:00 a.m. to 12:00 noon MAX.MARKS: 80------------------------------------------------------------------------------------------------------------------

INSTRUCTIONS: - 1) All questions are compulsory, however internal choice is available. 2) Figures to the right indicate maximum marks.

3)Calculators are allowed. 4) Graph Supply on request.

Q.1. a) Point A= (4, K ) is a vertex of isosceles ∆ ABC with the base BC . Point B = (7,6) & (5) Point C = (3,2) . Find K. b) Find dy

dx for the following: (5)

i) y = 20 x8+ 72x + e+3x – 5 log x +83 x ii) y = (4x+3 ) x (4x+2)1/3

c) For the function :- f(x) =x2 +x+1 , 0≤ x ≤ 2 (5) = 3x-4 , 2 ≤ x ≤ 4 = x2 +1 , 4 ≤ x ≤ 8 Write Domain and the Range. Also find Values f (-1) and f (-2).

d) Find Compound Interest on the principal of Rs 500 for 2 years @ 6% p.a. compounded (5) half yearly [(1.03)4 =1.126 OR

Q.1.W) Find Co-ordinates of Points on X-axis at a distance of 13 units from the other Point (5) (7,5).

X) Find dydx of the following: (5)

i) y = 8(10 x+3) + e(6 x2+2 x+3 )

ii) y = 4 x+5¿¿

Y) Function given g (x) = 5 x+64 x−5 find g(g(x)) (5)

Z) Rs 5,000 is invested in term deposited scheme which gives 6% p.a. compounded quarterly What is effective rate of interest and what will be compounded interest after 1 year . (5) ¿ =1.0614] -1-Q.2. a) Integrate with respect to ‘X’. (5) i) ∫(16x-2 +5x1/2 +e3 x + 4x ) dx

ii) ∫ (4x 2 + 2x – 2 ) dx 2x

b) Function is given as equation Z= x2+3xy+ y2+10 Find Partial derivatives fxy,fyx (5)

c) Find the Value of following limit . (5)lim √ x+4−3

x→5 ( x2-25)

d) Point P =( 117 , 20

7 ) divides line AB internally in the ratio 4:3 . Point B= (5,2) (5)

Find point ‘ A’.

OR

Q.2.W) Find ∫ x+√7 x−3x√7 x−3 dx (5)

X) z = 2x3 + 10x2y+ 5 y3 show that x x(

∂ z∂ x )+ y x ¿ ) = 3z (5)

Y) Discuss the continuity at a point x = 2 . f (x) = x2 +x+3, 0 ≤ x ≤ 2 (5) = 4x + 1 , 2 ≤ x ≤ 4

Z) Points A = (3, K) B = ( -1, 4) C = ( 2, 5) are collinear point find K. (5)

Q.3. a ) Find the value of following . (5)

∫0

1

(6 x2−2 bx+b3) dx

b) Cost of producing x items is given by the equation . C= x2 +2x+2 . Find the (5) following values. i) Average cost (AC) ii) Marginal cost (MC) iii) No. of items produced (x) when AC = MC .

c) If A = (2, -5) , B= (-2,1) and C= (4,7). Find the equation of a median drawn from (5) point B to the line AC .

d) Find the Simple interest and amount for the principal of Rs 500 for 3 years @ 6% p.a.(5) OR

Q.3.W) Demand function is given P = 35- 2x - x2 and Demand given x= 3 . Find consumer (5) Surplus.

X) Revenue function is given as follows :- P = 18 + D – D2 . Find the following . (5) i)Average Revenue D = 4 ii) Marginal Revenue D = 2 iii )Also find demand function (Using Derivatives )

Y) Cost of machinery is Rs 1,00,000 and the effective life is 12 years . If the scrap (5) realizes only Rs 5,000 . what should be retain out of profit at the end of each year to accumulate compound interest of 5% p.a. (1.05)12

= 1.797) Z) Find the equation of line passing through origin and perpendicular to line AB (5) where A = (2,4) and B = (-3,-5)

-3-

Q.4. a) Find the equation of a line passing through Point of intersection x+ 2 y = 5 (5)

and 3 x + 4 y = - 5 and parallel to the other line given 2x-4y = -6 with slope = 24

b) Examine or check following function for maximum and minimum value. Also (5) find maximum and minimum value . f(x) = 2 x2−4 x+5

c) i) Find value of ‘a’ for the following. lim (x2+ax +5) = 9. Find ‘a’ . (2)

x → 5 ii) If Marginal Revenue=30, and = 3. =Price elasticity Find ‘ P’ . (3)

d) Demand function is given D= 25-3P –P2 (5) Find Price Elasticity of Demand when P=3 units. Using derivatives .

OR Q.4. W) Solve the Linear Programming Problem. (5) Minimize Z = 150 x + 75 y.

Subject to Constraints 4 x + 6y ≥ 24 5 x + 3y ≥ 15 x ≥ 0, y ≥ 0.

X) i) Find i) lim 5(x¿¿2−25)

x−5¿

(2) x → 5 ii) Show that function is always increasing f(x) = x3 + 6 x2 +10x+ 7 (3)

Y) Supply function is given as S= 400-200 p – p2.Find price elasticity of supply when (5) price is 4 units.

Z) Demand function is given P = 30 – 4 x and supply function is given as P = 4x. (5) Find producer surplus under pure competition

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F.Y.B.COM. SEMESTER – II (REGULAR) NEW SYLLABUSSEMESTER END EXAMINATION, APRIL - 2016

COST ACCOUNTING -I

DURATION: 2 HOURS DATE :15 /04/2016 at 10:00 a.m. to 12:00 noon MAX.MARKS: 80------------------------------------------------------------------------------------------------------------------

INSTRUCTIONS: - 1) Questions NO.1 is Compulsory.2) Answer Any Three questions from Q.NO.2 to Q.NO.6

3) All questions carry equal marks.

Q. 1 The following details have been extracted from books of Success Ltd. for the year (20) ending 31st Dec 2015.

Material Consumed Rs 16,00,000 Wages Paid Rs 8,00,000 Factory Overheads Rs 6,00,000 Administrative Overheads Rs 4,00,000 Selling Overheads Rs 3,60,000 Distribution Overheads Rs 2,40,000 Profit Rs 8,00,000The following estimates have been made for the year 2016. Material Rs 2,40,000 Wages Rs 1,60,000

Assuming that during the year 2016, the Factory Overhead has gone up by 20%Administrative Overheads went up by 12 ½ % , Selling Overheads has gone down by 10%. Distribution Overheads to be Charged at earlier rate (i.e. of 2015 ) . What would be the sales if profit rate prevails the same as earlier rate of profit on selling price.

Q. 2 Reliable Company . Ltd. has three production departments (P, Q, R) and two service (20) Departments ( X and Y). The following data relate to these departments.

Particulars P Q R X YDirect Wages 9,000 6,000 9,000 4,500 585Worked hours 3,210 13,425 7,257 - -Value of machine 1,80,000 2,40,000 3,00,000 15000 15000Horse power of Machines 180 90 150 30 -Light points 30 45 60 30 15Floor space (Sq. Ft.) 6,000 7,500 9,000 6,000 1,500 -1- Contd.

Additional information :-

Rent Rs 15,000

Lighting Rs 1,800Power Rs 4,500Indirect Wages Rs 5,817Depreciation on Machines Rs 30,000

Sundry Expenses Rs 29,085

Distribute the expenses of services departments to the production departments usingRepeated distribution method. Department X’s expenses are distributed to P,Q, R and

Y in the ratio of 2:3:4:1 and Y,s expenses are distributed in the ratio of 4:2:3: 1 to P,Q,R and X respectively.

Q.3(a) From the following Particulars , Prepare the labour cost sheet per day of 8 hours :- (15) i) Basic Salary Rs 200 per day ii) Dearness Allowance Rs 500 per month iii) Leave Salary 10 % of (a) & (b) iv) Employer’s Contribution to Provident Fund 8% of ( a), (b), & (c) v) Employer’s Contribution to state insurance 2.5 % of ( a), (b), & (c) vi) Expenditure on amenities to Labour Rs 200 per head per month vii) No. of Working days in a month 25 days of 8 hours each

b) Explain the methods of Time Keeping. (5)

Q.4(a) In a Factory the standard output is 48 units per week for a working week of (15) 48 hours . The hourly rate is Rs 2 . Three workers A,B, and C produces 42, 48 and 72 units in a particular week. Find out the earnings of each worker under

i) Taylor differential piece rate system and ii) Merrick differential piece rate system.

b) What are the reasons for Labour Turnover in a company ? (5)

-2-

Q.5(a) A Company has three Production cost centres A, B and C and two service cost (15) Centres X and Y. Costs allocated to service centres are required to be apportioned

to the production centres to find out the cost of production of different products. Overhead costs as allocated to the five cost centres as below:-

Cost Centre A = Rs 80,000 B = Rs 40,000

C = Rs 20,000 X = Rs 20,000 Y = Rs 10,000

And the estimates of benefit of service cost centres received by each of them are as under.

A B C X YX 20 30 40 -- 10Y 20 25 50 5 --

You are required to work out the final overheads costs of each of the production departments including reapportioned cost of service centers using Simultaneous Equation

Method.

b) Explain Overheads and state the classification of overhead. (5)

Q.6 a) From the following data, tabulate the total earnings of each worker separately under (15) (i) Halsey Scheme (ii) Halsey Weir System ( iii) Rowan plan

Worker A B C D

Time allowed - (hours) 3 4 5 6Actual time - (hours) 5 3 4 5Basic Wages per hour 2 2 2 2

. b) Explain in brief the various incentive schemes available to workers. (5)

-3-

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F.Y.B.COM. SEMESTER – II (REGULAR & REPEAT ) NEW SYLLABUSSEMESTER END EXAMINATION, APRIL - 2016

ACCOUNTING -II

DURATION: 2 HOURS DATE :15 /04/2016 at 10:00 a.m. to 12:00 noon MAX.MARKS: 80------------------------------------------------------------------------------------------------------------------

INSTRUCTIONS: - 1) Questions NO.1 is Compulsory.2) Answer Any Three questions from Q.NO.2 to Q.NO.6

3) Figures to the right indicate full marks Q. 1. M/S AB is a practicing Chartered Accountant firm consisting of Mr. Anay and Mr. (20)

Berry as partners. Balance sheet as on 31st March 2015

Liabilities Rs Assets Rs Capital Office Machinery 22,500Anay 1,95,000Berry 1,35,000 3,30,000

Furniture 60,000

Clients Accounts 15,000 Motor Car 1,50,000Liabilities for expenses 3,750 Library Books 18,750Audit fee collected in advance (Anay’s Client )

7,500 Outstanding Fees

Provision against outstanding fees 67,500 Anays Clients 37,500Berrys Clients 30,000 67,500Cash at bank 93,750Cash in hand 11,250

Total 4,23,750 Total 4,23,750

Summarised Cash transactions for the year ended 31st March 2016

Receipts Rs Payment Rs Opening balance 1,05,000 Subscription for books 4,500Audit fees :-Anay clients Berrys clients

6,75,0003,75,000

Travelling 18,750

Fees for other servicesAnays clients Berrys clients

3,00,0001,50,000

Membership fee 3,000

Miscellaneous Income 3,750 Establishment Charges 1,80,000Calculating Machine 56,250Library Books 11,250Printing & Stationery 5,250Motor Car Expense 75,000Postage & telegram 2,250

Drawings Anay Berry

3,75,0003,00,000

Disbursement on clientA/C

11,250

Cash at bank 5,47,500Cash in hand 18,750

Total 16,08,750 Total 16,08,750 -1- Contd.

Additional Information:- 1) Fee receivable

Anay clients - Rs 45,000 Berrys client – Rs 15,000.2) Depreciation:-

Office Machinery @ 15% , Furniture @ 10% , Books @ 10% & Motor car @ 20% 3) Outstanding liability for establishment charges on 31st March 2016 Rs 7,500.

4) Audit fees to the extent of 40% and other fees to the extent of 20% to be transferred to income & expenditure A/c in respect of each partner’s account , the balance being credited directly to respective Capital accounts. The balance of income & expenditure account is to be divided between the partners in the ratio of 2:1.

Prepare Income & Expenditure Account for the year ended 31st March 2016 and a Balance sheet as on that date.

Q. 2.A) What are the Books usually maintained by the professionals? (4)

B) The following is the Trial Balance of Mr. Dey , a Solicitor for Kolkota as on 31st March (16) 2016. Prepare Profit & Loss A/c for the year ended 31st March 2016 and also a balance sheet as on that date.

Particulars Dr.(Rs ) Cr. (Rs)Capital 20,000Drawings during the year 30,000Loan from Mrs. Dey (interest free) 10,000Furniture 6,000Provision for unrealised profit 8,000Salaries 15,000Rent 3,400Work in progress (April 1st 2015) 3,000Clients disbursements 3,600Miscellaneous expenses 4,000Clients deposit account 11,000Clients control accounts for bill of cost rendered 20,000Library 15,000Liabilities for expenses 3,000Cost (profit) 60,000Bank (client) 10,950Bank (office) 800Cash 250

a) Work not yet completed on 31st March 2016 was Rs 4,000. b) Although specific disbursement for clients are debited to clients disbursement account, at

the time of making bills , certain expenses in condition to specific disbursement are charged in the bills out of Miscellaneous expenses . From a scrutiny of the disbursement account, it

appears that Rs 3,800 had not been charged to clients. c) Out of the balance in disbursements, Rs 100 had been paid and credited to clients deposit account. d) Provision at 100% against unrealised profits has to be made. e) Furniture & Library are to be depreciated by 20%

Q.3.A) Write a short note on Provision related to reserve fund in a C0-perative Society (4) -2- Contd.

B) From the following Trial Balance of Lotus Consumer Co-operative Society as on 31st March (16) 2014. Prepare Trading Account and Profit & Loss A/c for the ended 31/03/2014 and a Balance sheet as on that date.

Trial Balance as on 31/03/2014 Particulars Dr.(Rs ) Cr. (Rs)Share Capital 1,60,000Calls in Arrears 10,000Reserve Fund 15,000Common good fund 5,000Opening stock of consumer goods 1,10,000Furniture 48,000Education Fund 8,000Sundry creditors 20,000Sundry debtors 30,000Taxes payable 4,000Salaries 71,000Commission 17,400Rent & rates 20,000Postage 12,100Land 9,000Interest on investment 10,000Equipment 20,000Purchases 16,40,000Investment 1,00,000Sales 19,60,500Cash in hand 25,000Cash at bank 1,70,000Profits for the year 2012-13 1,00,000Total 22,82,500 22,82,500

Adjustments :-1) Rent payable on 31/03/2014 was Rs 1,000

2) Charge depreciation @ 5% p.a. on furniture . 3) Closing stock of consumer goods is valued at cost Rs 1,40,000

4) Interest accrued on investment Rs 2,000 5) outstanding salary on 31/03/2014 was Rs 2,000 and Rs 3,000 paid in advance 6) Authorised capital was 20,000 shares of Rs 10 each

Q.NO. 4.A) State the different sources of revenue for Panchayats? (4)

B) From the following prepare income & expenditure account for the year ending 31st March (16) 2016 and a balance sheet as on that date of Malkapur Municipality.

Balance sheet as on 31st March 2015Liabilities Rs Assets Rs Capital fund 6,00,000 Fixed assets 4,00,000Municipal fund 1,00,000 Investments 2,60,000Outstanding creditors for Stores 80,000

Printing & stationery 7000For stores 42500

49,500 Cash at bank 2,50,000

Advance for marketing complex 2,80,000 Cash in hand 14,500Professional tax accrued 10,000Expenses recoverable from government

15,000

Total 10,29,500 Total 10,29,500 -3- Contd. Receipts & Payment A//c for year ending 31st March 2016

Receipts Rs Payment Rs To Cash in hand 14,500 By Establishment expenses 2,00,000 To Cash at bank 2,50,000 By Printing & stationery 9,500To Non tax revenue By Public relation exp. 55,000Water supply 2,00,000 By Water supply & water works 2,40,000Sewerage & drainage 3,00,000 By Sewage & drainage 2,60,000Roads 3,00,000 By Lighting 1,80,000Lighting 50,000 By Roads 2,00,000Health services 1,00,000 By Health service 2,20,000Other receipts 75,000 By Investments 1,40,000

By Stores 2,50,000By Payment for marketing complex 3,00,000By Cash in hand 49,500By Cash at bank 8,85,500

Total 29,89,500 Total 29,89,500

Additional information :-1) Stock of stores on 31st March 2016 is Rs 60,0002) outstanding creditors on 31st March 2016 Rs 10,000, outstanding printing & stationery Rs 30,0003) Professional tax accrued on 31st March 2016 Rs 8,000

Q.NO.5A) Write a short note on Municipal Budgets. (4)

B) The Trial balance of self- help co-operative credit society ltd. as on 31St March 2015 (16) is as follows:-

Trial Balance as on 31/03/2015Particulars Debit (Rs) Credit (Rs)Cash in hand 2,700Cash with ABC Bank 10,000Balance with Dena Bank 9,900Investments 1,55,000Loan due from members 30,00,000Office furniture 10,000Share capital 7,50,000Reserve fund 35,000Dividend equalisation reserve 20,000Staff provident fund 20,000Deposits from members 22,48,000Dividend 31,000Profits & loss A/ca) Balance on 01/04/2014 23,000b) Profit for the year 2013-2014 60,000Interest on investment 1,75,000Renewal fees 4,000Sundry income 2,300Salaries & allowances of staff 29,700Establishment charges 5,000Printing & stationery 400

Travelling expenses 600Insurance premium 1,000Contribution to provident fund 2,000Interest paid on deposits 80,000Total 33,37,300 33,37,300

-4- Contd. Additional Information’s:-

1) Interest payable on member deposits amounted to Rs 5,000 2) Interest receivable on member loan Rs 8,000 and on investment Rs 2,000

3) Outstanding expenses were as follows :- Salaries Rs 300 Audit fees Rs 3,000 4) Dividend at 5% was declared on share capital of Rs 7,00,000 as on 31/3/2014 Out of profit Of 2013-2014.

5) Transfer 25% profit of 2013-2014 to reserve fund. Prepare Profits & Loss A/c for the year ended 31/3/2015 and a balance sheet as on that date.

Q.NO.6.A) Write a short note on Voyage Account. (4)

B) Jal Shipping Ltd. of Mumbai acquired a new ship , S.S.Surabhi at a cost of Rs 25 (16) lakhs. The ship was ready for service on 1/1/2014. Upto 31/3/2014 the ship had made 2 complete voyages from Mumbai to London and back and was half way through the next to London . The Ship carried the following freight. To London 7,500 tones @ Rs 30 per tones.

From London 9,000 tones @ Rs 25 per tones. Unfinished voyage 9,500 tones @ Rs 25 per tones. The following expenses were incurred . Salaries and wages of crew -----Rs 80,000 Fuel - Rs. 40,000 Sundry stores – Rs 8,000 Port dues -- Mumbai – Rs ,8400 London Rs 6,000 Stevedoring @ Rs 2 per tone -Rs 52,000

Share of overhead for the ship for the period - Rs 30,000 5% commission was paid to agents in addition to 1% address commission. An insurance policy was taken out @ 2% p.a. on the ship and freight was insured at a premium

of Rs 1,200 p.a. Prepare Voyage A/c for the period of 3 months ending on 31/03/2014.

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