Management Accounting Midterm Spring 2026 Question Paper

Page 1 of 2 Daffodil International University (DIU) Faculty of Business and Entrepreneurship Department of Business Administration Program: BBA Semester: Spring-2026 Examination: Mid-term Time: 1.5 Hours Full Marks: 25 Course Code: 0411-303 Course Title: Management Accounting Section: All Teacher’s Name: DAR/Sarwar (Answer all questions) 1. (a) Identify the key differences between financial and management accounting . (b) “A variable cost is a cost that varies per unit of product, whereas a fixed cost is constant per unit of product.” Do you agree? Explain. [CLO-1: L-2] 4 + 3 = 7 marks 2. Information relating to sales and maintenance cost for six months in Padma Corporation is given below: Month Sales (Units) Maintenance cost (Taka) January 60 270 February 90 330 March 70 290 April 100 350 May 110 370 June 50 250 Required : a. Ascertain variable cost per unit and total fixed cost under the Least-squares Method. b. Express fixed and variable cost in the formula of Y= a + bX c. What would be the maintenance cost for 80 units of sales in July? [CLO-2: L-3] 4 + 2 + 2 = 8 marks 3. Selected account balances for the year ended December-31, are provided below for a company: Advertising expense……….... Tk. 80,000 Insurance, factory equipment …………… Tk. 8,000 Rent, factory building……………………… Tk.1,20,000 Uti lities, factory …………………………… Tk. 45,000 Sales commissions ………………………… Tk. 50,000 Cleaning supplies, factory ………………… Tk. 7,000 Selling and administrative salaries ……… ...Tk.1,10,000 Maintenance , factory …………………………Tk. 30,000 Direct labor ………………………………… Tk. ? P urchases of raw materials ………… .……..Tk.2,90,000 Indirect labor Tk. 60,000 Inventory balances at the beginning and end of the year were as follows: Beginning of Year End of year Raw materials ……………Tk. 40,000 Tk.10,000 Work in process ………….Tk. ? Tk.35,000 Finished goods……………Tk. 50,000 Tk. ?