Dear Freinds,
| This was a very tricky question. Application of both ABC/Tradition costing & standard costing system |
| Normally there is a 12 marks question from ABC/traditional costing & 8-12 marks for standard costing |
| Very well framed question covering both the topics. At the same time just a 6 marks question. |
| Though I could not attempt this well in exams due to confusing answers I was getting, I could solve this very well now with patience & attention. |
| Therefore keep your mind cool and calm in exam hours. Very Difficult but must |
Please refer the attached xls file. This is what according to me the answer should be.
May I have your comments/correct solution (if this one seems to be erroneos)
Thanks in advance.
CAclubindia
