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INTERMEDIATE EXAMINATION GROUP II …

Suggested Answers to Question CMA INSTITUTE OF COST ACCOUNTANTS OF INDIA (Statutory Body under an Act of Parliament) Page 1 INTERMEDIATE EXAMINATION GROUP II (SYLLABUS 2008) SUGGESTED ANSWERS TO QUESTIONS JUNE 2013 PAPER- 8 : COST AND MANAGEMENT ACCOUNTING Time Allowed : 3 Hours Full Marks : 100 The figures in the margin on the right side indicate full marks. Question is compulsory. Answer any five from the rest. 1. (a) Match the statement in Column I with the appropriate statement in Column II: 1x5=5 Column I Column II (i) Apportionment of Overheads (ii) Equivalent Production (iii) Point Ranking Method (iv) Output Costing (v) Non Integrated Accounts (A) Job Evaluation (B) Reciprocal Method (C) Cost Ledger Accounts (D) Process Costing (E) Coal Industry (b) State whether the following statements are 'True' or 'False': 1x5=5 (i) Fixed cost per unit remains constant irrespective of the number of units of output.

Suggested Answers to Question — CMA INSTITUTE OF COST ACCOUNTANTS OF INDIA (Statutory Body under an Act of Parliament) Page 1

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