OR Code No. 220551 II-B.Tech. II-Semester supplementary Examinations April/May 2003 MANAGERIAL ECONOMICS AND PRINCIPLES OF ACCOUNTANCY (Computer Science and Engineering) Max. Marks: 70 Answer any FIVE questions All questions carry equal marks ---
.in
Time: 3 hours
What factors influence managerial decisions? economics in this context?
How relevant is managerial
2.
What causes demand? How can it be forecast?
3.
Explain the different cost concepts you are familiar with.
4.
What are the methods of estimating cost-output relationship? How is it done?
5.
How can you determine the fixed and working capital requirements of a project?
6.
What are the objectives and methods of pricing? Do different types of markets require different methods of pricing? Why?
7.
What is a company? How is it formed? What are its advantages? Why has it become the most popular form of organization?
Aj
nt
uW
or ld
1.
Contd…..2
Code No:220551
OR
The following is the trial balance of ABC traders (a partnership firm) on 31-3-2000. Name of the account Debit balance Credit balance Rs. Rs. 1. Land and building 2,00,000 2. Plant and machinery 1,00,000 3. Furniture and fixtures 40,000 4. Commission 15,000 5. Discount 5,000 8,000 6. Wages and salary 21,000 7. Opening stock 17,000 8. Purchases 1,02,000 9. Sales 2,00,000 10. Returns 2,000 11. Office expenses 11,000 12. Sundry debtors 34,000 13. Sundry creditors 22,000 14. Bank 18,000 15. Cash 5,000 16. Capital A 80,000 B 1,30,000 C 90,000 _______ _______ Total 5,50,000 5,50,000 _______ _______ Note: Depreciate land and buildings at 2% plant and machinery at 5% and furniture at 10%. Closing stock has been valued at Rs.30,000/-. Prepare a trading profit and loss account and balance sheet.
Aj
nt
uW
or ld
.in
8.
-2-