BCOC-138 COST ACCOUNTING
Solved Assignment 2021-2022
PROGRAMME CODE : B.COM
COURSE CODE : BCOC – 138
SEMESTER : FOURTH
COURSE TITLE : COST ACCOUNTING
ASSIGNMENT CODE : BCOC – 138/TMA/2021-22
COVERAGE : ALL BLOCKS
|Title Name||BCOC-138 Solved Assignment 2021-2022|
|Service Type||Solved Assignment (Soft copy/PDF)|
|Semester||2021-2022 Course: B.Com(G) CBCS|
|Short Name||BCOC-138 (English)|
|Assignment Code||BCOC – 138/TMA/2021-22|
|Product||Assignment of BCOMG 2021-2022 (IGNOU)|
|Submission Date||1. Those students who are appearing in June 2021 Term End Examination they have to submit latest by in 15th March 2021.|
2. Those students who are appearing in December 2021 exams. They should download the new assignment and submit the same latest by 15th October 2021.
Section – A
Q.1 What are the requisites of an effective system of costing?
Q.2 Discuss various methods of wage payment along with their advantages and
Q.3 Define job costing. What are the characteristics of an industry where job costing
can be applied? Explain giving appropriate illustrations.
Q.4 Explain meanings of joint product and by-product. Describe methods of
appointment of the joint production costs.
Q.5 Calculate the earnings of a worker from the data given below:
(i) Time wage (ii) Piece Wage (iii) Halsey Method (iv) Rowan
Standard time for completion of job is 30 hrs. Time taken is 20 hours. Hourly rate is Rs.
100 and Dearness allowance @ Rs. 50 per hour worked.
Section – B
Q.6 Explain differences between cost accounting and financial accounting. (6)
Q.7 Describe briefly different methods of costing. (6)
Q.8 What is meant by contract costing? Explain features of its production and cost. (6)
Q.9 Explain classification of selling and distribution overhead. (6)
Q.10 “Service costing is a method of costing whereby the cost of providing service per
unit is calculated” Elaborate giving appropriate examples.
Section – C
Q.11 Distinguish between the following:
a) Direct costs and indirect costs
b) Fixed costs and variable costs
c) Joint product and by-product
d) Normal process loss and abnormal process loss
Q.12 Write short notes on the following:
a) Absorption of factory overheads
b) Integral and non-integral accounting
c) Unit Costing
d) Service Costing
BCOC-138, BCOC 138, BCOC138