Untitled

# Create instance of FPDF class
pdf = FPDF()

# Add a page
pdf.add_page()

# Set title font
pdf.set_font("Arial", 'B', 16)
pdf.cell(200, 10, txt="Cost Accounting - 1st Year 2nd Semester Practice Questions", ln=True, align='C')

# Line break
pdf.ln(10)

# Section Titles and Questions in Table Format

sections = {
    "Section A: Short Answer Questions": [
        "Define cost accounting and explain its objectives.",
        "What is the difference between direct costs and indirect costs? Provide examples.",
        "Explain the term 'marginal cost'. How is it different from total cost?",
        "What are the key differences between cost accounting and financial accounting?",
        "Describe the term 'cost unit' and give two examples.",
        "What is a cost center? How does it help in cost control?",
        "Explain the concept of ‘opportunity cost’ with an example.",
        "What is the meaning of ‘overhead’? How are overheads classified?"
    ],
    "Section B: Essay Type Questions": [
        "Discuss the various methods of costing. Illustrate with examples where each method is most appropriately used.",
        "Explain the process of preparing a cost sheet. Create a sample cost sheet for a manufacturing company.",
        "Describe the concept of 'Material Control'. What are the techniques used for material control in cost accounting?",
        "Explain the purpose of variance analysis in cost accounting. How is it used in managerial decision-making?",
        "Compare and contrast the methods of apportioning overheads. Which method do you think is the most accurate, and why?",
        "What is job costing? Describe its procedure and application in industry.",
        "Discuss the concept of ‘break-even analysis’. How can it be used by management for decision-making purposes?",
        "Explain the concept of process costing and discuss its application in industries. Provide a brief outline of the steps involved in process costing."
    ],
    "Section C: Problem-Solving Questions": [
        ("Given the following data, prepare a cost sheet for XYZ Manufacturing Co. for the month of June 2024:\n"
         "   - Raw material consumed: ₹50,000\n"
         "   - Direct labor: ₹20,000\n"
         "   - Factory overheads: ₹15,000\n"
         "   - Administrative overheads: ₹5,000\n"
         "   - Selling and distribution expenses: ₹8,000\n"
         "   - Sales: ₹1,20,000\n"
         "   - Closing stock of finished goods: ₹10,000"),
        ("A company produces a single product. The following data relates to the month of July 2024:\n"
         "   - Sales: 5,000 units at ₹20 per unit\n"
         "   - Variable cost per unit: ₹12\n"
         "   - Fixed costs: ₹15,000\n"
         "Calculate:\n"
         "   - Contribution margin per unit\n"
         "   - Break-even point in units\n"
         "   - Profit for the month"),
        ("Prepare a statement showing the apportionment of overheads among various departments using the following data:\n"
         "   - Total overheads: ₹50,000\n"
         "   - Department A (60% of overheads), Department B (30% of overheads), Department C (10% of overheads)\n"
         "   - Additional costs for Service Departments: S1 - ₹5,000, S2 - ₹3,000\n"
         "     (Allocate S1 and S2 overheads to Departments A, B, and C based on a given percentage)."),
        ("A company has the following data for its two products, X and Y:\n"
         "   - Product X: Direct Material Cost ₹5/unit, Direct Labor Cost ₹3/unit, Overhead ₹2/unit\n"
         "   - Product Y: Direct Material Cost ₹7/unit, Direct Labor Cost ₹4/unit, Overhead ₹3/unit\n"
         "   - Selling price for X: ₹15/unit, Y: ₹20/unit\n"
         "   - Units produced: X - 10,000, Y - 8,000\n"
         "   - Units sold: X - 8,000, Y - 7,500\n"
         "Prepare an Income Statement showing the profit/loss for each product.")
    ]
}

pdf.set_font("Arial", 'B', 14)

for section, questions in sections.items():
    pdf.cell(0, 10, section, ln=True)
    pdf.ln(5)
    pdf.set_font("Arial", '', 12)
    for idx, question in enumerate(questions, 1):
        pdf.multi_cell(0, 10, f"{idx}. {question}")
    pdf.ln(5)
    pdf.set_font("Arial", 'B', 14)

# Save the PDF
pdf_output_path = "/mnt/data/Cost_Accounting_Practice_Questions.pdf"
pdf.output(pdf_output_path)