B.E. 3/4 (EE/Inst.ECE) II-Semester (New) (Main) Examination, May 2013 Time : 3 Hours
Subject : Managerial Economics and Accountancy
Max. Marks: 75
Note: Answer all questions of Part - A and answer any five questions from Part-B. PART – A (25 Marks) 1. Risk and uncertainty 2. Average cost Vs Marginal cost 3. Wealth definition of economics 4. Cobb-Douglas production function 5. Price elasticity of demand 6. Average rate of return method 7. Qualitative method of Demand forecasting 8. Permanent and variable working capital. 9. Journal proper 10. Book keeping Vs. Accounting PART – B (50 Marks) 11. Discuss the significance of managerial economic. 12. What is law of demand? Explain with the help of diagram. 13. How price and output is determined under perfect competition? 14. What are subsidiary books? Explain each with example. 15. A firm with a required rate of return of 10% is considering a project that requires an initial outlay of Rs.15,500. Years 1 2 3 4 5 Cash inflows (Rs) 3000 4000 6000 5000 4000 Calculate the internal rate of return and suggest whether the project is acceptable or not. 16. Calculate the profit-volume ratio and Break-even point both in terms of units and sales from the following information. Fixed cost = Rs.3,00,000 Variable cost per unit = Rs.20 Selling price per unit = Rs.30 17. From the following details, prepare a Trial Balances as on 31st March 2004. Particulars
Amount (Rs) Capital 24,405 Drawings 1,500 Freehold premises 5,800 Sundry debtors 6,750 Purchases 11,500 Creditors 4,250 Furniture 2,500 General expenses 1,625 Return inwards 450 Postage 125 Discount allowed 420 Cash at Bank 1,200
Amount (Rs) Salaries 2,000 Bank loan 2,400 Sales 22,500 Opening stock 10,000 Bills payable 3,425 Carriage on purchases 150 Wages 7,535 Banks charges 150 Carriage on sales 175 Discount received 140 Cash in hand 240 Bills receivable 5,000
Vasavai CE B.E EE 3rd Year May 2013 Managerial Economics and ...
Wealth definition of economics (3). 4. Cobb-Douglas production function (2). 5. Price elasticity of demand (3). 6. Average rate of return method (2). 7. Qualitative method of Demand forecasting (3). 8. Permanent and variable working capital. (3). 9. Journal proper (2). 10.Book keeping Vs. Accounting (2). PART – B (50 Marks).
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