CA Inter Cost and Management Accounting PYQ September 2024: Question Paper and Solutions

How to Prepare for CA Intermediate Cost and Management Accounting

Solving past MTPs, RTPs, and suggested answers from previous examination windows is essential to mastering time management under the time limit applicable to your exam paper. Review step-by-step working notes, legal case precedents, and accounting disclosures with instant 24/7 AI tutor assistance via CApex.

Question directory and available solutions

21 indexed questions. Open a question to read its full statement and available answer.

1. Sagar Limited, an oil refinery uses Process Costing for determining the cost of each process. Management of Sagar Limited is confused about method…
2. FW Limited manufactures various types of footwear and covers a considerable market share. The footwear made by company are stylish and durable. The…
3. PS Limited is facing downfall in its demand. Marketing team has suggested to reduce the selling price by 5% to compete in the market. Variable cost…
4. In the automotive machine manufacturing sector, a component is manufactured. The Economic Order Quantity (EOQ) for the component is 1,500 units. The…
5. In a mutual project, both Raj and Bhuvan are contributing their efforts, using identical materials. Raj receives a bonus based on the Rowan plan,…
6. On 01-04-2023 number of workers employed in a factory was 150. During the year 30 workers resigned and 5 workers were discharged. Due to resignation…
7. A Chemical is passed through three processes and the output of Process 1 Account is transferred to Process 2 Account. The input units in Process 1…
8. Language Achievers, a renowned institute specializing in TOEFL preparation, has secured a spacious hall for 20,000 on weekly basis with a seating…
9. XYZ Ltd. declared a net profit of 2,25,000 based on their financial accounts for the year ending 31st March, 2024. The profit disclosed in cost…
10. JC Ltd. has a production capacity of 80,000 units per year. Presently a company produces 60,000 units. Its cost structure is as under: Material Cost…
11. MNP Limited have the capacity to produce 84,000 units of a product very month. Its prime cost per unit at various levels of production is as…
12. In a factory there are 50 workers, working 8 hours per day including 30 minutes for lunch break, worked for 160 days during a period of six months…
13. GST Limited is a multi-product company. The production and cost details of its two products P and Q are given as follows: Particulars Product P Q…
14. Savi Limited is currently working at 80% of its capacity level and furnished the following information for current period: Production / Sales 96,000…
15. BG company produces a standard product and sold in a packet of 10 kg. The standard cost card per pack is as follows: Direct Material: A - 4 kg @50…
16. Explain Build-Operate-Transfer (BOT) approach and classify the following expenses in Capital Cost or Operating and Maintenance Cost for Toll Roads:…
17. This data pertains to the three machines operating in the manufacturing division of PQR Corp for the financial year 2023-2024: Particulars Estimated…
18. ABC Ltd. is a well-known company for producing baby care products. The company produces and sells two variants of organic shampoo for children:…
19. Describe any five benefits of the Digital Costing System.
20. Define the following terms: (i) Controllable Variance (ii) Uncontrollable Variance (iii) Budget Manual (iv) Performance Budgeting (v) Budget Period
21. Discuss the treatment of By-products in cost accounting. OR Define Job costing and explain differences between job and batch Costing.