VU current papers 2026: what came in the exam

Objective: MCQ'S are conceptual and numerical based. Read the handouts and clear the concepts. Most important Topic is Contribution Margin. Short Questions: 1.Define Relevant Cost? 2.Calculate the gross profit? 2.Two more question is numerical based. Long Questions: 1.Calculate Equivalent cost of production? 2. Calculate Selling Expense? 3. Define Opportunity cost and Sunk Cost?Objective: MCQ'S are conceptual and numerical based. Read the handouts and clear the concepts. Most important Topic is… See more See less

Concept clear Karen handout se mgt402 ke and numerical practical ke liye Practice question file Jo LMS mein hain… See more See less

Mcqs boht easy thy past papers sy aur YouTube per lecture hai aik full preparation ka wahan sy *Short Questions* *1.* Write three main characteristics of Budget. *2.* Flexible budget” is designed in such a way that the budget cost for any activity level is available. You are required to mention the circumstances where flexible budgeting is desirable? *Long Questions* *1* . A company produces two joint products, Product R and Product S. Allocate the Joint Fixed Cost between Product R and Product S on the basis of their cost of goods. Cost of Goods R = Rs. 150 Cost of Goods S = Rs. 250 Joint Fixed Cost = Rs. 60,000 *Required* : Calculate: Joint Fixed Cost allocated to Product R. *2* . Calculate Break Even Sale (i) in units (ii) in rupeesMcqs boht easy thy past papers sy aur YouTube per lecture hai aik full preparation ka wahan sy *Short Questions* *1.* Write three… See more See less

SHORT QUESTIONS (03 Marks) 1- Molding department of a manufacturing firm has completed 1500 units and transferred to the finishing department. In finishing department 1300 units completed and transferred out. In process units are 100% complete as to material and 70 % as to labor and overhead. Prepared quantity schedule for finishing department? 2- The cost accountant of Cimat Limited has acquired the following information to prepare direct Labor cost budget: Labor hours required to produce one unit = 2.5 hours Labor rate per hour = Rs. 50 Calculate the estimated cost of direct labor to produce 3600 units by keeping in view the above-mentioned information. 3- “Flexible budget” is designed in such a way that the budget cost for any activity level is available. You are required to mentioned the circumstances where flexible budgeting is desirable? 4- OLC company is given as: Units sold 7800 units @Rs.20 each Units produced 8000 units @Rs.15 each Per unit variable cost Rs.10 Closing stock 200 units Keeping in view the above provided information, prepare the income statement under “Absorption costing” method. LONG QUESTIONS (05 Marks) 1- Cost accountant for XYZ Limited has extracted the following information from the record of department ‘A’ for the month of August. Units completed and transferred out 3000 units Work in process at the end of August (100% material, 75% labor and FOH) 500 units Per unit material cost Rs.13 Per unit labor cost Rs.10 Per unit FOH cost Rs.5 Required: Prepare schedule of cost apportionment under weighted average cost method. 2- GIR fan manufacturing company provides the following information: Per unit sale price Rs.2000 Per unit variable cost Rs.1200 Fixed cost Rs.608000 Required: 1) Calculate break-even sales in units. 2) Calculate break-even sales in Rs. 3- How would you differentiate the “opportunity cost” and “sunk cost”?SHORT QUESTIONS (03 Marks) 1- Molding department of a manufacturing firm has completed 1500 units and transferred to the… See more See less

MCQS MOSTLY NUMERICAL THY OR BOTH SY MCQS SY % INKAANI THI OR SHORT OR LONG NUMERICAL BASE PAPER THA OVERALL EASY THA… See more See less

Mcqs conceptual th majority theory thi Time waly th maximum speed time unit asy th Short question Gross manufacture cost nikalni th Total cost of unit (EOQ) waly th Long ques Flux method or replacement method Hasley premium scale k formula or explain krna th Contribution find krna tha short mein thaa.. Cost price or cost unit.. Budget kis triqy sy company MN help krty long MN tha ..Baki mcqs solve krny waly thy mostly 1.charactristic of budget 2.how normal loss affect the per unit cost 3.write name methed of joint product 3.if budget affect cost of production write circumstances/situation of budget ye is tra k ty sary question theory basedMcqs conceptual th majority theory thi Time waly th maximum speed time unit asy th Short question Gross manufacture cost nikalni… See more See less