BCOC 138 key facts
- Course code: BCOC-138
- Subject: Cost Accounting
- Programme: Bachelor of Commerce (General) BCOMG, Semester IV; also studied in BCOMOL and BCOMF
- Credits: 6
- Blocks and units: 4 blocks, 19 units
- Maximum marks: 100 (attempt any 5 questions of 20 marks each)
- Duration: 3 hours
- Questions in the June 2026 paper: 8 (14 answerable parts)
- Samples solved on this page: 2 (Q1 and Q4); all 8 in the paid file
BCOC 138 Solved Question Paper for the June 2026 term-end exam gives you complete, marks-ready answers to all 8 questions IGNOU set in Cost Accounting. Two of them, Q1 and the Q4 LIFO stores ledger, are solved in full below so you can judge the quality first. The other 6 answers sit in the full PDF, which you get by messaging us on WhatsApp 9899436384.
1. What the June 2026 Paper Covers
BCOC 138 Cost Accounting is a 6-credit core course of IGNOU's Bachelor of Commerce (BCOMG) that teaches how a business finds, records and controls the cost of materials, labour and overheads.
The June 2026 paper asks you to attempt any five of 8 questions, each worth 20 marks, in 3 hours. Four questions carry numericals: a LIFO stores ledger, Taylor's differential piece rate, a half-year cost sheet and three process accounts. The rest test theory, from labour turnover to the reasons profits differ between cost books and financial books.
Our solved file answers every one of those 8 questions, including all four Q8 short notes on machine hour rate, service costing, joint products and ABC analysis. That matters, because this time IGNOU asks you to write all four notes, not a choice of two as it did in December 2025.
Each numerical answer shows its working notes and a final check, so you learn the layout examiners reward and not just the final figure. Theory answers follow the marks printed against each question, so a 4-mark definition stays short and an 8-mark part gets real depth.
2. Two Answers Solved in Full, Six Held Back
Q1 (both parts) and Q4 are solved in full below; the remaining 6 questions are listed exactly as printed and answered only in the full file.
We picked one theory question and one numerical so you can see both styles. Question text is reproduced exactly as printed in the English version of the official June 2026 paper, with IGNOU's own numbering and marks.
Objectives of cost accounting and difficulties in installing a costing system
Question 1 (a): What are the objectives of Cost Accounting? (10)
Question 1 (b): What are the possible difficulties in installing a costing system in a manufacturing concern? (10)
(a) Objectives of cost accounting
Cost accounting is the process of accounting for costs, from the point where money is spent to the point where that spending is classified, charged to products or services and reported to management. Financial accounting tells a business its total profit for the year. Cost accounting goes further and tells it what each product, job, process or service actually costs, and why.
- Ascertainment of cost: The first objective is to find the cost of each unit, job, batch, contract, process or service. Materials, labour and overheads are collected and charged to cost centres and cost units, so the business knows, for example, the cost per ton of output or the cost per passenger kilometre of a bus.
- Cost control: Cost accounting sets standards and budgets for materials, labour and overheads and compares actual costs with them. Variances are reported to the responsible managers, so wastage and excess spending are caught while they can still be corrected.
- Cost reduction: Beyond control, it aims at a real and permanent fall in unit cost without lowering quality, through better methods, value analysis and removal of avoidable losses such as idle time and abnormal process loss.
- Fixing selling prices: Reliable cost data is the base for pricing products, sending quotations and filling tenders. Knowing the total cost per unit helps management add a sensible margin and avoid selling below cost.
- Measuring the profitability of each activity: Cost records show which products, departments or jobs earn profit and which make losses. Management can then push profitable lines and fix or drop unprofitable ones.
- Supplying information for managerial decisions: Decisions such as make or buy, accepting a special order at a lower price, closing a department or replacing labour with machines depend on cost figures that financial accounts do not give.
- Valuation of inventory: Cost accounting values raw materials, work-in-progress and finished goods at cost, which makes interim profit statements possible without a full physical stock count.
- Revealing inefficiency and idle capacity: It shows the cost of idle time, idle machines, spoilage and labour turnover, so management can see the price of inefficiency in rupees.
- Helping budgeting and planning: Past cost data forms the base of production, material, labour and overhead budgets, and makes future planning more accurate.
Conclusion: the objectives of cost accounting can be summed up as ascertaining cost, controlling and reducing it, and giving management the cost information it needs for pricing, planning and decision making. This is why almost every manufacturing concern needs a costing system alongside its financial accounts.
(b) Difficulties in installing a costing system
A costing system gives its full benefit only when it is designed for the concern's type of production and is accepted by the people who must run it. In practice, a manufacturing concern usually faces the following difficulties when it tries to install one.
- Lack of support from top management: Managers who see costing as an added expense, or who do not understand its use, may not give it the authority and funds it needs. Without their backing, the system becomes a formality.
- Resistance from the accounts staff: Existing accounting staff often fear extra work, or feel that a new system is a comment on their efficiency. They may delay records or keep old methods running side by side.
- Non-cooperation from foremen and workers: A costing system needs job cards, time sheets, material requisitions and idle time records filled in on the shop floor. Supervisors and workers may treat these forms as paperwork or as a way of watching them, and fill them carelessly.
- Shortage of trained staff: Costing needs people who understand materials control, labour costing, overhead absorption and methods such as job, process or contract costing. Such staff may not be available within the concern.
- Heavy cost of installation and running: Forms, records, extra staff and sometimes new software add to expenses. If the system is too elaborate for the size of the business, its cost can exceed its benefit.
- Choosing the right method: A wrong choice between job, batch, process or unit costing, or between absorption bases for overheads, gives misleading costs and weakens trust in the system.
- Duplication and reconciliation: Where cost and financial accounts are kept separately, the same transactions are recorded twice and profits must be reconciled, which staff often see as needless extra work.
Overcoming these difficulties: the system should be introduced with the full backing of top management, and its purpose explained to staff and workers in simple terms. Forms should be few and easy to fill, the method should suit the nature of production, and the system can be brought in stage by stage so that its cost stays in line with the benefit it gives.
Conclusion: most difficulties in installing a costing system are human rather than technical. When people understand why cost data is collected and the system is kept simple and suited to the concern, these difficulties can be overcome.
Stores Ledger Account under LIFO
Question 4: From the following information, prepare Stores Ledger Account using Last in First Out (LIFO). (20)
Jan. 1: Opening Balance 500 units at ₹2.00 each
Jan. 18: Received 350 units at ₹2.10 each
Jan. 19: Issued 600 units
Jan. 24: Received 600 units at ₹2.20 each
Jan. 25: Issued 450 units
Jan. 26: Received 500 units at ₹2.30 each
Jan. 29: Issued 510 units
Under the Last in First Out (LIFO) method, every issue is priced at the rate of the most recent lot still in stock. Only when that latest lot is used up does the issue move to the next older lot. The closing stock is therefore valued at the older prices. The stores ledger below is kept on a perpetual basis, so each issue is priced from the balance on that date.
| Date | Receipts: qty | Receipts: rate (₹) | Receipts: amount (₹) | Issues: qty | Issues: rate (₹) | Issues: amount (₹) | Balance: qty | Balance: rate (₹) | Balance: amount (₹) |
|---|---|---|---|---|---|---|---|---|---|
| Jan 1 | — | — | — | — | — | — | 500 | 2.00 | 1,000 |
| Jan 18 | 350 | 2.10 | 735 | — | — | — | 500 + 350 | 2.00 + 2.10 | 1,735 |
| Jan 19 | — | — | — | 350 + 250 | 2.10 + 2.00 | 1,235 | 250 | 2.00 | 500 |
| Jan 24 | 600 | 2.20 | 1,320 | — | — | — | 250 + 600 | 2.00 + 2.20 | 1,820 |
| Jan 25 | — | — | — | 450 | 2.20 | 990 | 250 + 150 | 2.00 + 2.20 | 830 |
| Jan 26 | 500 | 2.30 | 1,150 | — | — | — | 250 + 150 + 500 | 2.00 + 2.20 + 2.30 | 1,980 |
| Jan 29 | — | — | — | 500 + 10 | 2.30 + 2.20 | 1,172 | 250 + 140 | 2.00 + 2.20 | 808 |
Working notes
- Jan 19 issue of 600 units: 350 units from the latest lot of Jan 18 at ₹2.10 (₹735) and 250 units from the opening stock at ₹2.00 (₹500). Total issue value ₹1,235.
- Jan 25 issue of 450 units: taken wholly from the Jan 24 lot at ₹2.20, value ₹990, leaving 150 units of that lot in stock.
- Jan 29 issue of 510 units: all 500 units of the Jan 26 lot at ₹2.30 (₹1,150) and 10 units from the Jan 24 lot at ₹2.20 (₹22). Total issue value ₹1,172.
- Closing stock on Jan 29: 250 units at ₹2.00 (₹500) plus 140 units at ₹2.20 (₹308) = 390 units valued at ₹808.
Check: total receipts including opening stock are 1,950 units worth ₹4,205 (₹1,000 + ₹735 + ₹1,320 + ₹1,150). Total issues are 1,560 units worth ₹3,397 (₹1,235 + ₹990 + ₹1,172). Receipts minus issues give 390 units and ₹808, which matches the closing balance in the ledger.
Observation: prices rose through January, so LIFO charged production at the latest, higher rates and left the closing stock at older, lower rates. In a period of rising prices, LIFO therefore shows a higher cost of materials, a lower profit and a more conservative stock value than FIFO would.
Note for Hindi medium students: the Hindi version of this question prints the Jan 19 and Jan 25 entries as receipts. The English version prints both as issues, which is the only reading that makes the stores ledger workable, so the answer above follows the English text.
3. Questions Answered Only in the Full File
The six questions below are reproduced exactly as printed. Their answers, with every working note, are available only in the full solved file.
Question 2: What is Labour Turnover? State the major causes and control of labour turnover. (4 + 8 + 8)
Question 3 (a): Explain the causes of difference between profit shown by financial accounts and profit shown by cost accounts. (10)
Question 3 (b): Discuss the advantages and disadvantages of Decentralised Purchasing. (10)
Question 5 (a): Compute wages of A and B under Taylor Differential Piece Rate System. (10)
Standard production 10 units per hour. Normal piece rate ₹5. Differential piece rates: 80% of piece rate for output below standard, 120% of piece rate for output at or above standard. A produced 75 units in a day of 8 hours; B produced 100 units in a day of 8 hours.
Question 5 (b): Explain the calculation of profit on uncompleted contracts. (10)
Question 6: The following information relates to a product for the half-year ended 30 June, 2024. 25,600 tons of products were produced during the period. You are required to prepare a cost sheet. (20)
Purchase of raw materials ₹1,32,000; Direct wages ₹1,10,000; Rent and Rates ₹44,000; Carriage Inward ₹1,584; Cost of factory supervision ₹8,800; Sales of finished products ₹3,30,000; Advertising and selling cost 75 paise per ton sold.
Stock on 1 January 2024: Raw materials ₹22,000; Finished products (1,600 tons) ₹17,600; Work-in-progress ₹5,280. Stock on 30 June 2024: Raw materials ₹24,464; Finished products 3,200 tons; Work-in-progress ₹17,600.
Question 7: A product is finally obtained after passing through three distinct processes. 500 units at ₹400 per unit were introduced in Process I. Production overheads are absorbed as a percentage of direct wages. Prepare the process accounts. (20)
Costs: Materials — Process I ₹2,600, Process II ₹2,000, Process III ₹1,025, total ₹5,625. Direct wages — Process I ₹2,250, Process II ₹3,680, Process III ₹1,400, total ₹7,330. Production overheads ₹7,330 in total.
Output, normal loss and scrap: Process I output 450 units, normal loss 10% of input, scrap ₹2 per unit. Process II output 340 units, normal loss 20%, scrap ₹4 per unit. Process III output 270 units, normal loss 25%, scrap ₹5 per unit.
Question 8: Write short notes on the following. (5 + 5 + 5 + 5)
(a) Machine Hour Rate
(b) Service Costing
(c) Joint Products
(d) ABC Analysis
Q7 alone needs three linked process accounts, with normal loss and scrap in every stage and output figures that do not always match the normal loss. Q5(b) asks for the rules examiners expect on profit from uncompleted contracts. Both are answered in full, with workings, in the complete file.
4. Block and Unit Syllabus
BCOC 138 Cost Accounting is taught in 4 blocks and 19 units, moving from basic cost concepts to materials and labour, then overheads, then methods of costing.
If you are reading the official BCOC 138 Study Material alongside this paper, use the table below to map each question to its unit. Unit titles follow the printed IGNOU course book.
| Block | Unit | Core topics in the unit |
|---|---|---|
| Block 1: Basic Concepts | Unit 1: Nature and Scope of Cost Accounting | Limitations of financial accounting, objects of cost accounting, installing a costing system and its difficulties |
| Block 1: Basic Concepts | Unit 2: Cost Concepts and its Ascertainment | Elements of cost, cost unit and cost centre, preparing a cost sheet |
| Block 2: Material and Labour | Unit 3: Procurement, Storage and Issue | Purchase procedure and documents, centralised versus decentralised purchasing, bin card and stores ledger |
| Block 2: Material and Labour | Unit 4: Inventory Control | Maximum, minimum and reorder levels, EOQ, ABC analysis and perpetual inventory |
| Block 2: Material and Labour | Unit 5: Pricing the Issue of Materials | FIFO, LIFO and average methods, pricing of returns and shortages |
| Block 2: Material and Labour | Unit 6: Labour: Basic Concepts | Time keeping and time booking, idle time and overtime, labour turnover |
| Block 2: Material and Labour | Unit 7: Accounting for Labour | Time and piece wages, Halsey and Rowan premium plans, Taylor's differential piece rate |
| Block 3: Overheads | Unit 8: Classification and Distribution of Overheads | Functional classification, bases of apportionment, redistributing service department costs |
| Block 3: Overheads | Unit 9: Absorption of Factory Overheads | Absorption rates, under and over absorption and how each is disposed of |
| Block 3: Overheads | Unit 10: Machine Hour Rate | Standing and running charges, computing a rate per machine hour |
| Block 3: Overheads | Unit 11: Treatment of Other Overheads and Activity Based Cost Allocation | Administration and selling overheads, cost drivers in activity based allocation |
| Block 4: Methods of Costing | Unit 12: Unit Costing | Output costing statement, cost per unit for quotations |
| Block 4: Methods of Costing | Unit 13: Job Costing | Job cost sheet, work orders and job profit |
| Block 4: Methods of Costing | Unit 14: Contract Costing | Contract account, work certified and retention money, profit on incomplete contracts |
| Block 4: Methods of Costing | Unit 15: Process Costing | Process accounts, normal and abnormal loss, abnormal gain and scrap |
| Block 4: Methods of Costing | Unit 16: Joint Products and By-Products | Split-off point, apportioning joint costs, by-product credit methods |
| Block 4: Methods of Costing | Unit 17: Valuation of Work-in-Progress | Equivalent production, statements of cost and evaluation |
| Block 4: Methods of Costing | Unit 18: Service Costing | Operating cost per passenger km or tonne km for transport services |
| Block 4: Methods of Costing | Unit 19: Reconciliation of Cost and Financial Accounts | Causes of profit difference, reconciliation statement, memorandum reconciliation account |
Block 4 is the heaviest part of the June 2026 paper: process costing, contract costing, service costing, joint products and reconciliation all appear. Block 3 shows up only through the machine hour rate short note, so Unit 10 should not be skipped.
Every unit can be read on IGNOU's own eGyanKosh BCOC-138 Cost Accounting course page.
5. Question Paper Pattern and Marks Split
The June 2026 BCOC 138 Question Paper has 8 questions of 20 marks each, and you must attempt any five for 100 marks in 3 hours.
This any-five layout is the same one used in June 2022, June 2025 and December 2025. In December 2023 and June 2024, IGNOU instead used a Section A of 40 marks with compulsory questions and a Section B of 60 marks where you picked three of five. Check the instructions on your own paper before you start.
| Question | What it tests | Type | Marks split | Block |
|---|---|---|---|---|
| Q1 | Objectives of cost accounting; difficulties in installing a costing system | Theory | 10 + 10 | Block 1 |
| Q2 | Meaning, causes and control of labour turnover | Theory | 4 + 8 + 8 | Block 2 |
| Q3 | Causes of profit difference in cost and financial books; decentralised purchasing | Theory | 10 + 10 | Blocks 4 and 2 |
| Q4 | Stores ledger under LIFO for seven January entries | Numerical | 20 | Block 2 |
| Q5 | Taylor's differential piece rate for workers A and B; profit on uncompleted contracts | Numerical and theory | 10 + 10 | Blocks 2 and 4 |
| Q6 | Cost sheet for a half-year with opening and closing stocks and WIP | Numerical | 20 | Block 1 |
| Q7 | Three process accounts with normal loss and scrap | Numerical | 20 | Block 4 |
| Q8 | Short notes: machine hour rate, service costing, joint products, ABC analysis | Theory | 5 + 5 + 5 + 5 | Blocks 3, 4 and 2 |
Compared with the December 2025 paper, the June 2026 paper drops the overhead distribution summary and brings back a LIFO ledger, a cost sheet and process accounts. A student who can handle those three numericals already has 60 marks within reach.
The layout is close to the other core papers of the programme, which you can compare in our BCOMG Question Paper collection before planning which five questions to attempt.
6. Topics IGNOU Keeps Repeating in BCOC 138
Purchasing and labour topics appeared in all 6 official BCOC 138 papers we checked, from June 2022 to June 2026.
We counted topics in the official IGNOU papers for June 2022, December 2023, June 2024, June 2025, December 2025 and June 2026, taken from webservices.ignou.ac.in and ignou.ac.in. We could not find official copies of December 2022, June 2023 and December 2024, so those sessions are not counted and this is not a five-year claim.
| Topic | Unit | Sessions and question numbers | Papers (of 6) | In June 2026 |
|---|---|---|---|---|
| Purchase procedure, purchase documents, centralised or decentralised buying | Unit 3 | Jun 2022 Q3; Dec 2023 Q3(a); Jun 2024 Q3(e); Jun 2025 Q2; Dec 2025 Q2, Q3(a); Jun 2026 Q3(b) | 6 | Q3(b) |
| Labour: time keeping and booking, idle time, wage plans, labour turnover | Units 6 and 7 | Jun 2022 Q6, Q8(b); Dec 2023 Q3(c), (d); Jun 2024 Q3(b), (c); Jun 2025 Q4(a); Dec 2025 Q7(b), Q8(d); Jun 2026 Q2, Q5(a) | 6 | Q2, Q5(a) |
| Process costing, normal and abnormal loss, equivalent production | Units 15 and 17 | Jun 2022 Q7; Dec 2023 Q8; Jun 2024 Q8; Dec 2025 Q8(a); Jun 2026 Q7 | 5 | Q7 |
| Service or operating costing (bus and truck problems) | Unit 18 | Dec 2023 Q7; Jun 2024 Q7; Jun 2025 Q5(b); Dec 2025 Q8(c); Jun 2026 Q8(b) | 5 | Q8(b) |
| Inventory control: stock levels, ABC, perpetual inventory, turnover | Unit 4 | Jun 2022 Q4, Q8(a); Jun 2024 Q3(d); Jun 2025 Q3(a); Dec 2025 Q1(b); Jun 2026 Q8(d) | 5 | Q8(d) |
| Overhead classification, apportionment and absorption | Units 8 and 9 | Jun 2022 Q8(c); Dec 2023 Q5; Jun 2024 Q5; Jun 2025 Q4(b), Q5(a); Dec 2025 Q4 | 5 | — |
| Stores ledger under FIFO or LIFO (20-mark numerical) | Unit 5 | Dec 2023 Q4 LIFO; Jun 2024 Q4 FIFO; Dec 2025 Q6 FIFO; Jun 2026 Q4 LIFO | 4 | Q4 (Sample 2) |
| Meaning, need, objectives and advantages of cost accounting | Unit 1 | Jun 2022 Q1; Jun 2024 Q1; Jun 2025 Q1(a); Jun 2026 Q1(a) | 4 | Q1(a) (Sample 1) |
| Cost classification and cost sheet | Unit 2 | Jun 2022 Q2; Dec 2023 Q2; Jun 2025 Q1(b); Jun 2026 Q6 | 4 | Q6 |
| Joint products and by-products | Unit 16 | Jun 2024 Q3(f); Jun 2025 Q7; Dec 2025 Q8(b); Jun 2026 Q8(c) | 4 | Q8(c) |
| Reconciliation of cost and financial profits | Unit 19 | Jun 2025 Q8; Dec 2025 Q5; Jun 2026 Q3(a) | 3 | Q3(a) |
| Contract costing and job versus contract costing | Units 13 and 14 | Jun 2025 Q6; Dec 2025 Q3(b), Q7(a); Jun 2026 Q5(b) | 3 | Q5(b) |
| Machine hour rate | Unit 10 | Dec 2023 Q6; Jun 2024 Q6; Jun 2026 Q8(a) | 3 | Q8(a) |
| Cost accounting versus financial accounting, limits of financial accounting | Unit 1 | Dec 2023 Q1; Dec 2025 Q1(a) | 2 | — |
Two patterns stand out. Reconciliation has come in three papers in a row, and a stores ledger has alternated between FIFO and LIFO, so practise both. Overhead distribution was skipped in June 2026 after appearing in five papers, which makes it a strong candidate for the next exam.
For a ranked list of likely topics before your next exam, see our IGNOU Solved Guess Paper page, then use this table to decide which BCOC 138 units need a second revision.
7. How We Write and Check Every Answer
Every BCOC 138 answer is written by a subject expert, checked by a second reviewer, and matched to the marks printed against each question.
The writer first studies earlier BCOC 138 papers and the IGNOU course units, so answers use the terms and layouts from the course book, such as the stores ledger format and the cost sheet sequence of prime cost, works cost, cost of production and cost of sales.
Every numerical passes a closing proof before approval. In the Q4 sample above, receipts of ₹4,205 minus issues of ₹3,397 equal the closing stock of ₹808, exactly as the ledger shows. Process accounts are proved the same way, with units and values balancing on both sides.
We also compare the English and Hindi versions line by line. In June 2026 they differ in Q3(b), where the Hindi text asks about centralised purchasing, in Q4, in the Q6 production figure and in the Q7 input rate. The full file notes each difference, so Hindi and English medium students are both covered.
Before writing, our team also works through earlier papers, which you can browse yourself on our IGNOU Previous Year Question Paper page to practise under exam timing.
8. Solved File Index
BCOC 138 Cost Accounting has no practical or record work, so instead of a practical file index, here is a solved file index of all 8 questions.
| Question | Topic | Course unit | Where to find the answer |
|---|---|---|---|
| Q1 | Objectives of cost accounting; costing system difficulties | Unit 1 | Sample 1 above |
| Q2 | Labour turnover: meaning, causes, control | Unit 6 | Full file |
| Q3 | Profit difference causes; decentralised purchasing | Units 19 and 3 | Full file |
| Q4 | LIFO stores ledger | Unit 5 | Sample 2 above |
| Q5 | Taylor's differential piece rate; profit on uncompleted contracts | Units 7 and 14 | Full file |
| Q6 | Cost sheet for the half-year ended 30 June, 2024 | Unit 2 | Full file |
| Q7 | Process accounts for Processes I, II and III | Unit 15 | Full file |
| Q8 | Short notes on machine hour rate, service costing, joint products, ABC analysis | Units 10, 18, 16 and 4 | Full file |
That is 2 answers on this page and 6 in the full file, giving all 8 questions of the June 2026 paper. Across those 8 questions there are 14 answerable parts, and the file covers every one of them.
9. Programmes That Study BCOC 138
BCOC 138 Cost Accounting is a compulsory 6-credit core course in IGNOU's Bachelor of Commerce programmes.
In the IGNOU Bachelor of Commerce (BCOMG), it is a Semester IV course, and its tutor marked assignment carries 30% weightage in the final result. You must submit that assignment to be eligible for the term-end exam.
The same course is studied in BCOMOL, the online B.Com, where the programme structure also places it in Semester IV, and in BCOMF, where IGNOU's programme page lists it in Semester 6. The term-end paper is common, so this solved file suits students of all three programmes.
10. How to Get the Full Solved Question Paper
Message WhatsApp 9899436384 with the code BCOC 138 to get the full solved file with all 8 answers, including the 6 not shown on this page.
Send the text BCOC 138 June 2026 to WhatsApp 9899436384. Our team confirms the details and shares the complete PDF on the same chat. The file is a single document, so you do not need to buy answers one by one.
You get the LIFO ledger and Q1 you have seen here, plus labour turnover, both parts of Q3, Taylor's wages for A and B, contract profit rules, the full cost sheet, all three process accounts and four short notes. Each answer is sized to its marks, so you can revise the whole paper in one sitting.
11. BCOC 138 Cost Accounting FAQs
What does the June 2026 solved paper contain?
It contains complete answers to all 8 questions of the official June 2026 BCOC 138 paper. That covers theory on cost accounting objectives, labour turnover and reconciliation, plus numericals on a LIFO stores ledger, Taylor's differential piece rate, a half-year cost sheet and three process accounts. All four Q8 short notes are answered too, so you can attempt any five questions with confidence.
Which answers can I read on this page before contacting you?
You can read two full answers on this page. Q1 covers the objectives of cost accounting and the difficulties in installing a costing system, each for 10 marks. Q4 is the complete LIFO stores ledger with a closing check. The other six questions are listed exactly as printed, but their answers are kept only in the full file shared on WhatsApp.
How do I get the full solved question paper on WhatsApp?
Send a WhatsApp message to 9899436384 with the text BCOC 138 June 2026. Our team confirms the details and shares the complete PDF on the same chat. The file has answers to all 8 questions: the 2 shown on this page and the 6 that are not, including every working note for the numericals and all four Q8 short notes.
Is the June 2026 paper more numerical or theory based?
It is close to an even split. Q4, Q5(a), Q6 and Q7 need calculations, while Q1, Q2, Q3, Q5(b) and Q8 are theory. Because you attempt any five, a student strong in numericals can pick four calculation-heavy questions and one theory question. Our file solves both kinds, so you can plan your choice of five before the exam.
Which BCOC 138 topics repeat most in IGNOU papers?
In the 6 official papers we checked, from June 2022 to June 2026, purchasing procedure and labour topics such as time booking, wage plans and labour turnover appeared every time. Process costing, service costing, overheads and inventory control appeared in 5 of 6. A 20-mark stores ledger under FIFO or LIFO came in 4 of 6 papers.
Does the file follow the English or the Hindi version of the paper?
The answers follow the English version, which is the text reproduced on this page. Where the Hindi version prints something different, the file points it out. For example, the Hindi Q4 prints the Jan 19 and Jan 25 issues as receipts, and Q7 shows the input rate differently. These notes help Hindi medium BCOC 138 students avoid a wrong start.
Who writes and checks the BCOC 138 answers?
Answers are written by Prateek Talwar and reviewed by Sheetal Kirola before release. Every numerical is checked with a closing proof, such as receipts minus issues equalling closing stock in the LIFO ledger. Theory answers are matched to the marks split printed against each BCOC 138 question.
Is the June 2026 solved paper useful for the December 2026 exam?
Yes. IGNOU repeats BCOC 138 topics heavily, so the June 2026 answers double as revision for December 2026. Stores ledgers, process accounts, reconciliation and service costing keep returning in new numbers. Working through a fully solved recent paper shows you the layout, length and working notes examiners expect, which is what most Cost Accounting marks depend on.
12. Who Wrote and Checked the BCOC 138 Answers
The BCOC 138 answers were written by Prateek Talwar and reviewed by Sheetal Kirola at Unnati Educations.
Prateek Talwar is a Company Secretary who prepares IGNOU commerce solved papers from the course blocks and the official term-end paper. Sheetal Kirola, Academic Head (M.Ed.), runs a closing proof on every numerical and compares the English and Hindi versions of the paper line by line before the file is released.