L-1T-1, Ipe, 2021-2022
L-1T-1, Ipe, 2021-2022
L-1T-1, Ipe, 2021-2022
. SECTION-A
There are FOUR questions in this section. Answer any THREE.
Assume reasonable values for missing data, if any.
Required:
(a) Prepare a sales budget, by month and in total, for the third quarter. (Show your budget
in both units and dollars.) Also prepare a schedule of expected cash collections, by month
in total, for the third quarter.
(b) Prepare a direct materials budget for Gilden, by month and in total, for the third
quarter. Also prepare a schedule of expected cash disbursements for Gilden, by month
and in total, for the third quarter.
2. (a) The Scottie Sweater Company produces sweaters under the "Scottie" label. The
company busy raw wool and processes it into wool yam form which the sweaters are
woven. One spindle of wool yam is required to produce one sweater. The costs and
Originally, all of the wool yam was used to produce sweaters, but in recent years a
market has developed for the wool yam itself. The yarn is purchased by other companies
for use in production of wool blankets and other wool products. Since the development of
the market for the wool yam, a continuing dispute has existed in the Scottie Sweater
Company as to whether the yarn should be sold simply as yarn or processed into
sweaters. Current cost and revenue data on the yarn are given below:
Per Spindle
of Yarn
Selling price $20.00
Cost to manufacture:
Raw materials (raw wool) $7.00
Direct labor 3.60
Manufacturing overhead 5.40 16.00
Manufacturing profit HOO
Contd P/3
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IPE 105
Contd ... Q. No. 2(a)
The market for sweaters is temporarily depressed, due to unusually warm weather in the
western states where the sweaters are sold. This has made it necessary for the company to
discount the selling price of the sweaters to $30 from the normal $40 price. Since the
market for wool yam has remained strong, the dispute has again surfaced over whether
the yam should be sold outright rather than processed into sweaters. The sales manager
thinks that the production of sweaters should be discontinued; she is upset about having
to sell sweaters at a $2.50 loss when the yam could be sold for a $4.00 profit. However,
the production superintendent does not want to close down a large portion of the factory.
He argues that the company is in the sweater business, not the yarn business, and that the
company should focus on its core strength.
All of the manufacturing overhead costs are fixed and would not be affected even if
sweaters were discontinued. Manufacturing overhead is assigned to products on the basis
of 150% of direct labor cost. Materials and direct labor costs are available.
Required:
(i) Would you recommend that the wool yarn be sold outright or processed into sweaters?
What is the lowest price that the company should accept for a sweater? Support your
answer with appropriate computations and explain your reasoning.
(b) Xavier Company produces a single product. Variable manufacturing overhead IS
applied to products on the basis of direct labor-hours. The standard costs for one unit of
During June, 2,000 units were produced. The costs associated with June's operations were
as follows:
Material purchased: 18,000 ounces at $0.60 per ounce $10,800
Material used in production: 14,000 ounces ---
Direct labor: I, I 00 hours at $30.50 per hour $33,550
Variable manufacturing overhead costs incurred $12,980
Required:
Compute the direct materials, direct labor, and variable manufacturing overhead
variances.
Contd P/4
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IPE 105
3. (a) Benoit Company produces three products, A, B, and C. Data concerning the three
products follow (per unit): (20)
Product
A B C
Selling price ~
.
lli liQ
Less variable expenses:
Direct materials 24 15 9
Other variable expenses 24 27 40
Total variable expenses 48 42 49
Contri bution margin m ill ill
Contribution margin ratio 40% 25% ~
Demand for the company's products is very strong, with far more orders each month than
the company has raw materials available to produce. The same material is used in each
product. The material costs $3 per pound with a maximum of 5,000 pounds available
each month.
Required:
Which orders would you advice the company to accept first, those for A, for B or for C?
Which orders second? Which orders Third?
(b) How can you use each of the following capital budgeting decision tools? Justify your
answer with numerical examples. (15)
(i) Discounted payback period (DPP)
(ii) Net present value (NPV)
(iii) Internal rate of return (lRR)
Required:
(i) Prepare the restaurant's planning budget for April assuming that 1,800 meals are
served.
(ii) Assume that 1,700 meals were actually served in April. Prepare a flexible budget for
this level of activity.
Contd PIS
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IPE 105
Contd ... O. NO.4
(iii) The actual results for April appear below. Prepare a flexible budget performance
report for the restaurant for April.
Revenue $27,920
Cost of ingredients $11,110
Wages and salaries $10,130
Utilities $1,080
Rent $2,200
Miscellaneous $2,240
SECTION-B
There are FOUR questions in this section. Answer any THREE.
5. (a) What is meant by an "Activity base" when dealing with variable costs? Give several
examples of activity bases. (7)
(b) Bargain Rental Car offers rental cars in an off-airport location near a major tourist
destination in California. Management would like to better understand the behavior of the
company's costs. One of those costs is the cost of washing cars. The company operates it
own car wash facility in which each rental car that is returned is thoroughly cleaned
before being released for rental to another customer. Management believes that the costs
of operating the car wash should be related to the number of rental returns. Accordingly,
the following data have been compiled: (20)
Month Rental Returns Car Wash Costs
January 2,380 $10,825
February.................. 2,421 $11,865
March...................... 2,586 $11,332
April....................... 2,725 $12,422
May........................ 2,968 $13,850
June 3,281 $14,419
July......................... 3,353 $14,935
August 3,489. $15,738
September 3,057 $13,563
October 2,876 $11,889
November 2,735 $12,683
December 2,983 $13,796
Using least-squares regression, estimate the fixed cost and variable cost elements of
monthly car wash costs. The fixed cost element should be estimated to the nearest dollar
and the variable cost element to the nearest cent.
(c) Why do companies use predetermined overhead rates rather than actual
manufacturing overhead costs to apply overhead to jobs? (8)
Contd P/6
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IPE 105
6. (a) White Company has two departments, Cutting and Finishing. The company uses a
job-order costing system and computes a predetermined overhead rate in each
department. The Cutting Department bases its rate on machine-hours, and the Finishing
Department bases its rate on direct labor-hours. At the beginning of the year, the
company made the following estimates: (20)
Department
Cutting Finishing
Direct labor-hours 6,000 30,000
Machine-hours 48,000 5,000
Total fixed manufacturing overhead cost $264,000 $366,000
Variable manufacturing overhead per machine-hour $2.00
Variable manufacturing overhead per direct labor-hour $4.00
All materials are added at the beginning of work in the Blending Department. The
company uses the FIFO method in its process costing system.
(i) Determine the equivalent units for July for the Blending Department.
(ii) Compute the costs per equivalent unit for July for the Blending Department.
(iii) Determine the total cost of ending work in process inventory and the total cost of
units transferred to the next process for the Blending Department in March.
(iv) Prepare a cost reconciliation report for the Blending Department for March.
7. (a) Due to erratic sales of its sole product - a high-capacity battery for laptop computers
- PEM, Inc., has been experiencing difficulty for some time. The company's contribution
format income statement for the most recent month is given below: (25)
Sales (19,500 units x $30 per unit) $585,000
Variable expenses... .. .. .. .. 409.500
Contribution margin................................ 175,500
Fixed expenses...................................... 180.000
Net operating loss................................... $.!:l.5001
(i) Compute the company's CM ratio and its break-even point in both unit sales and
dollar sales.
(ii) The president believes that a $16,000 increase in the monthly advertising budget,
combined with an intensified effort by the sales staff, will result in an $80,000
increase in monthly sales. If the president is right, what will be the effect on the
company's monthly net operating income or loss?
(iii) Refer to the original data, the sales manager is convinced that a 10% reduction in
the selling price, combined with an increase of $60,000 in the monthly advertising
budget, will double unit sales. What will the new contribution format income
statement look like if these changes are adopted? .
(iv) Refer to the original data, the Marketing Department thinks that a fancy new
package for the laptop computer battery would help sales. The new package would
increase packaging costs by 75 cents per unit. Assuming no other changes, how many
units would have to be sold each month to earn a profit of$9,750?
(v) Refer to the original data, by automating, the company could reduce variable
expenses by $3 per unit. However, fixed expenses would increase by $72,000 each
month.
Compute the new CM ratio and the new break-even point in both unit sales and dollar
sales. Would you recommend that the company automate its operations?
Contd P/8
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IPE 105
Contd ... Q. No.7
(b) A comparative income statement is given below for McKenzie Sales, Ltd., of Toronto: (10)
McKenzie Sales, Ltd.
Comparative Income Statement
This Year Last Year
Sales $8,000,000 $6,000,000
Cost of goods sold 4,984,000 3,516,000
Gross margin 3,016,000 2,484,000
Selling and administrative expenses:
Selling expenses 1,480.000 1,092,000
Administrative expenses 712,000 618,000
Total expenses 2,192,000 1,710,000
Net operating income 824,000 774,000
Interest expenses 96,000 84,000
Net income before taxes $ 728,000 $ 690,000
Members of the company's board of directors are surprised to see that net Income
increased by only $38,000 when sales increased by two million dollars.
(i) Express each year's income statement in common-size percentages.
(ii) Comment briefly on the changes between the two years.
8. (a) What is the basic difference between absorption costing and variable costing? (5)
(b) Lynch Company manufactures and sells a single product. The following costs were
incurred during the company's first year of operations: (15)
Variable costs per unit:
Manufacturing:
Direct materials...................................... $6
Direct labor.. . .. .. . .. . .. .. .. . .. .. $9
Variable manufacturing overhead $3
Variable selling and administrative........................ $4
Fixed costs per year:
Fixed manufacturing overhead.......................... $300,000
Fixed selling and administrative........................ $190,000
During the year, the company produced 25,000 units and sold 20,000 units. The selling
price of the company's product is $50 per unit.
(i) Assume that the company uses absorption costing, compute the unit product cost
and prepare an income statement for the year.
(ii) Assume that the company uses variable costing, compute the unit product cost and
prepare an income statement for the year.
Contd P/9
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IPE 105
Contd ... Q. NO.8
(c) Fogerty Company makes'two products, titanium Hubs and Sprockets. Data regarding
Estimated Activity
Activity Cost Pool (Activity Measure) Hubs Sprockets Total
Overhead Cost
Machine setups (number of setups) $72,000 100 300 400
Special processing (machine-hours) $200,000 5,000 0 5,000
General factory (organization-sustaining) $816,000 NA NA NA
(i) Compute the activity rate for each activity cost pool.
(ii) Determine the unit product cost of each product according to the ABC system.
L-lrr-lIIPE Date: 25/03/2023
BANGLADESH UNIVERSITY OF ENGINEERING AND TECHNOLOGY, DHAKA
1-1rr-1 B. Sc. Engineering Examinations 2021-2022
SECTION-A
There are FOUR questions in this section. Answer any THREE.
I. (a) Find values of the constants k and m, if possible, that will make the function j{x)
continuous everywhere (20X)
x2 +S ifx>2
f(x)~
j m(x+;)+k,
2x3 +x+7,
if-I'<x~2
if x~-I
L
2. (a) State Leibnitz's theorem. If y = sin (msinh -I x), then compute Yn+2 and (Yn)o" (20 X).
(b) Find an interval [a, b] on which j{x) = x + x -
4 3
i+x - 2 satisfies the hypotheses of
Rolle's Theorem. Estimate of all values of c in the interval [a, b] that satisfy the
I
conclusion of Rolle's Theorem. (14)
(c) Expand the function eX in power of x. Then use n-th Maclaurin polynomial for eX to
2 .x
3. (a) Find the maximum and minimum values of the function j{x) = (I - x) e. Also,
Sub: PHY 117 (Structure of Matter, Electricity & Magnetism and Modem Physics)
Full Marks: 210 Time: 3 Hours
The figures in the margin indicate full marks.
Symbols have their usual meanings.
USE SEPARATE SCRIPTS FOR EACH SECTION
SECTION-A
There are FOUR questions in this section. Answer any THREE questions.
I. (a) State Gauss's law in electrostatics. What are the properties of Gaussian surface? (10)
(b) Applying this Gauss's law, calculate the electric field due to a uniformly charged
spherical shell at a point (i) outside the shell, (ii) on the shell, and (iii) inside the shell. (15)
(c) An electric dipole of length 4 cm, when placed in an uniform electric field with its axis
at an angle of 60° experiences a torque of 4"';3 Nm. Calculate the (i) magnetic of electric
field, (ii) potential energy of the dipole, if the dipole has charges of:t 8 nCo (10)
2. (a) Distinguish between. polar and non-polar dielectrics with examples? What are the uses
of dielectric materials? Why is not the air a good dielectric? (10)
(b) Derive an expression for the capacitance of a parallel plate capacitor with a compound
dielectric is (18)
c
Where k is the dielectric constant of the slab, &0 is the permittivity of air, I is the thickness
of the slab and d is the separation between the plates.
3 2
(c) The plates of a parallel plate capacitor have an area of 9 x 10- m and are separated
3
by 2.5 x 10- m. The capacitor is charged by connecting it to a 400 V supply. How much
3. (a) State and explain Curie law of magnetism. Explain briefly the concept of domains in a
ferromagnetic substance. (10)
(b) Explain the phenomenon of hysteresis loop of a ferromagnetic material. What does the
area of the loop represent? Explain why steel is more suitable for making permanent
magnets and soft iron for electromagnets? (18)
o
(c) The radius of the first orbit of hydrogen atom is 0.5 A. An electron moves in an orbit
6
with a uniform speed of 2.2 x 10 ms -1. Calculate the magnitude of the magnetic field
produced at the center of the nucleus due to the motion of this electron. (7)
[Given, J10 = 41t x 10-7 NA -2].
Contd P/2
,
PHY 117/IPE
SECTION-B
There are FOUR questions in this section. Answer any THREE questions.
5. (a) (i) What are the differences between photoelectric effect and Compton effect? (12)
(ii) Show that de-Broglie hypothesis satisfy Bhor's atom model.
(b) Derive an expression for the wavelength of a moving particle using de Broglie's
hypothesis. (13)
(c) If the maximum kinetic energy of an electron in a Compton scattering experiment is
5 keY, calculate the wavelength of the incident photon. (10)
7. (a) What are Miller indices? How do you find out the Miller indices of crystal plane? (10)
(b) The relation between the interplanar distance and Miller indices of plane in a cubic
crystal is given by, d hkl -. a . where the symbols carry their usual meaning.
~h2 + k2 + /2
Show that the ratio dlOO: dllO: dill for simple cubic, body-centered cubic and face-
centered cubic crystals are not the same. (15)
(c) Draw the unit cell of cesium bromide (CsBr) and explain its crystal structure. Evaluate
the packing factor of CsBr structure considering that the ionic radii of C/ and Br- are
0.169 nm and 0.182 nm, respectively. (10)
SECTION-A
There are FOUR questions in this section. Answer any THREE.
I
1. (a) What are colligative properties? Write the equations relating each of these properties
to the concentration of the solution. How ion pair influence on the colligative properties
of an electrolyte solution? (15)
(b) A 7.85-g sample of a compound with the empirical formula CsH4 is dissolved in 301
g of benzene. The freezing point of the solution is 1.05°C below that of pure benzene.
What are the, molar mass and molecular formula of this compound? (The value of the
constant Kf= 5. 12°C/m). (10)
(c) What is Henry's Law? Explain the law in terms of the kinetic molecular theory of
gases. Give an exception to Henry's law. (10)
2. (a) Describe the activated complex theory of bimolecular reactions. What are the
advantages of this theory over collision theory? (15)
(b) The gas-phase reaction between methane (CH4) and diatomic sulphur (S2) is given by
constant is 6.4 L mol-' sec. Calculate activation energy for this reaction.
(c) Show that half-life for a second order reaction is inversely proportional to the rate
constant. Obtain the unit of the second order rate constant from the rate expression. (10)
3. (a) Draw a well-labelled phase diagram of sulphur system and discuss its salient features. . (15)
(b) For one c?mponent system, the triple point is an invariant point. Discuss. (10)
(c) Define C,!ngruent Melting Point. Why is it nonvariant for two component system? (10)
"
Contd P/2
•
=3=
CHEM 1l9/IPE
7. (a) Apply VSEPR theory to explain why the H-N-H bond angle in NH3 is 107° and the F-
both of the molecules. The first ionization potential of N2 is greater than that of atomic
nitrogen while the revese is true for 02 and O. Explain it by molecular orbital theory. (15)
(c) The CO2- ion has been synthesized. What shape and approximate bond angles would
3
8. (a) Find out the number of unpaired electrons in strong and weak octahedral field for Cr +
2
and Fe + ions. Discuss their magnetism. (10)
3
(b) Using VBT for [Fe(H20)d+ and [Fe(CN)61 - ions, predict type of hybridization
SECTION-A
There are FOUR questions in this section. Answer any THREE.
1. (a) Discuss the main differences between subculture and counterculture. (10)
(b) What are the key elements of culture and how do they shape the beliefs, behaviors,
2. (a) Briefly discuss Daniel Rossides's class model of industrial society. (10)
(b) What is social stratification? Critically discuss the properties of slavery system and
3 (a) Explain primary socialization and re-socialization with suitable examples. (10)
(b) Critically evaluate the roles of family, peer group and educational institution as
SECTION -B
There are FOUR questions in this section. Answer any THREE.
5. (a) How did early industrial revolution automation contribute to Great Britain's
Contd P12
•
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HUM 211/IPE
6. (a) Clearly explain certain basic demographic concepts, such as the CBR, CPR, TFR,
7. (a) Explain how societal change is caused by culture, conflict, ideas and demography. (13}0
(b) Use the proper examples to highlight the key characteristics of city life. (10)
(a) Adaptation
(b) Resilience
(c) Hazard
(d) Climate change