BSAC 2103 University of Technology Cost Accounting Questions
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University of Technology and Applied Sciences – Al Musanna
Department of Business Studies
AY 202-23, Sem-1
ASSIGNMENT AAC 2101/ BSAC 2103 COST ACCOUNTING – 1(10 Marks)
1. Take a Business; it can be real or imaginary. Such as production of cupcakes,
biscuits etc. and give a brief description about your business. (1 marks)
2. List and explain various costs involved in producing your product. (1 marks)
3. On the basis of imaginary figures of cost, prepare the cost sheet showing
Prime cost, Works cost, Cost of Production, Cost of goods sold, Total cost, Selling
price and Profit/Loss. (Should include opening and closing) (3marks)
4. Based on imaginary figures what type of material control techniques you
are following in your business? (Mention and calculate any 3 material control
techniques) (1.5marks)
5. Based on imaginary figures what type of wage payment system you are
following in your business? (Mention and calculate any three-wage payment
system) (1.5marks)
6. How you will distribute (Basis of distribution) overhead cost in your
imagined business. (2marks)
Instructions:
1. The assignment should be done individually.
2. Submit the soft copy of the assignment on or before December 15, 2022
Thursday through E earning.
Purchase answer to see full
attachment
Department of Business Studies
AY 202-23, Sem-1
ASSIGNMENT AAC 2101/ BSAC 2103 COST ACCOUNTING – 1(10 Marks)
1. Take a Business; it can be real or imaginary. Such as production of cupcakes,
biscuits etc. and give a brief description about your business. (1 marks)
2. List and explain various costs involved in producing your product. (1 marks)
3. On the basis of imaginary figures of cost, prepare the cost sheet showing
Prime cost, Works cost, Cost of Production, Cost of goods sold, Total cost, Selling
price and Profit/Loss. (Should include opening and closing) (3marks)
4. Based on imaginary figures what type of material control techniques you
are following in your business? (Mention and calculate any 3 material control
techniques) (1.5marks)
5. Based on imaginary figures what type of wage payment system you are
following in your business? (Mention and calculate any three-wage payment
system) (1.5marks)
6. How you will distribute (Basis of distribution) overhead cost in your
imagined business. (2marks)
Instructions:
1. The assignment should be done individually.
2. Submit the soft copy of the assignment on or before December 15, 2022
Thursday through E earning.
Purchase answer to see full
attachment
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