Total No. of Questions [Total No. of Pages 02
M.B.A Years) DEGREE EXAMINATION, MAY 2018
Second Year
HOSPITAL ADMINISTRATION
Hospital Cost and Financial Accounting
Time 3 Hours Maximum Marks 70
SECTION A
Answer any three questions × 5 15)
Q1) Opportunity cost
Marginal costing
Make or buy decision
Trail balance
Straight line method
Abnormal loss
SECTION B
Answer any three questions × 15 45)
Q2) Explain various types of costs in detail.
Q3) On1-1-2000 'X'co.Ltd purchased a machine for Rs.60,000 and 'ý20,000 were spent
on its erection charges. On 1.7.2001 another machine was purchased for Rs.52,000 and
on 1.7.2002, the first machine was sold Rs.64,000. On the same date, another machine
was purchased for Rs.50,000. On 1.1.2003 the second machine was sold for Rs.46,000.
Depreciation was provided on machine at the rate of 10% per annum on the original
cost annually on 31st Dec. prepare machine account for four calendar years.
Q4) Manufacture of product A takes 20hours on machine no 101. It has a selling price of
Rs.150 and marginal cost of Rs.110. Component part Y could be made on machine
no.101 in 4 hours. The marginal cost of component part is Rs.9 of which outside
suppliers price is Rs.15
Should one make or buy component Y. Discuss in both situation when
Machine no.101 is working at full capacity.
There is idle capacity.
Q5) Explain according principals and standards in detail
Q6) Explain various methods of inventory valuation
Q7) Discuss application of activity based costing in a corporate hospital.
SECTION C
Compulsory
Q8) Case Study
From the following trail balance prepare trading profit Loss account and balance
sheet as on 31st Dec, 2016
Particulars Dr.(
Capital 25,000
Loans 5,000
Sales 35,000
Account payable 4,000
Bills payable 5,000
Purchase returns 2,000
Dividend received 3,000
Plant machinery 13,000
Buildings 17,000
Receivables 9,650
Purchases 18,000
Discount allowed 1,200
Wages 7,000
Salaries 3,000
Travelling exp 750
Freight 200
Insurance 300
Commission paid 100
Cash in hand 100
Bank 1,600
Repairs 500
Interest on loans 600
Opening inventory 6,000
79000 79000
Additional date:-
Closing inventory
Depreciation on plant machinery at 15% and 10% on buildings
Provision for doubtful receivables '500
Insurance prepaid
Outstanding rent '100