Ca Final AMA paper..discuss

Page no : 3

ashish jain (a) (51 Points)
Replied 09 November 2016

Can anybody tell me how the calculation of q 2a was to be done- the new car model wala question

ashish jain (a) (51 Points)
Replied 09 November 2016

Dat is q1 of pm of Lc chapter

mehak mendhiratta (student) (24 Points)
Replied 09 November 2016

can anyone pl tell ans of service sector ques

ashish jain (a) (51 Points)
Replied 09 November 2016

Can you tell me the answer for 2a

Rinky (Accountant) (149 Points)
Replied 09 November 2016

institute k marking dene ka pattern kya hai...I mean steps per marking dete hai kya

(Guest)

@ Ashish - wo car model ki labour material cost lena as it is. Then transport cost di hui hai wo all cars ke liye thi. To uss me se apni model royal car ka hi exp lena. 2310 lacs / 60,000 hrs * 6 hrs = prod cost of 1 car. The divide total exp in 60 n 40%. 900 lacs ka 60% delivery cost / 640 deliveries = 84,375. Here is tricky. 1 delivery = 10 cars. We r manufacturing only 1000 cars so delivery = 100 deliveries. Hence cost of 1 car = 84,375/10 = 8,437.5. Now 3rd part distance cost. 900 lacs ka 40% = 360 lacs is for 225000 kms. Among them our relevant cost is for 50,000 km only. So 360 lacs * 50,000 km / 2,25,000 km = 80,00,000 for 1000 cars. Distance Cost of 1 car = 8,000. Now ansr total cost of 1 car = labour material + prod cost 23,100 delivery cost 8,437.5 + distance cost 8,000 = 7,64,537.50 is cost of 1 car. Target cost was 9.75 lacs / 125% = 7.80 lacs. And gap is 15,462.50. This is what i hv done.

Ashish Arora (Article Assistant) (81 Points)
Replied 09 November 2016

It was easy but lengthy

Sankalp (CA Final) (47 Points)
Replied 09 November 2016

Hi Sachin...

My Cost for ABC method tallies with your ans...764537.5

But for target Cost i have done SP 9.75Lacs less 25% = 731250...

Coz ques states 25% on SP of car..

3 Like

jayakumar (cafinal student) (112 Points)
Replied 09 November 2016

Exactly same I did same ans

CA Shalmali Ambe (Service) (59 Points)
Replied 09 November 2016

Yep I got the gap was 33k something.

Vignesh (Finance Professional) (120 Points)
Replied 09 November 2016

i did the same as @ sankalp..

CA Saurabh (PRACTICE) (1019 Points)
Replied 09 November 2016

yes sankalp it's rite
bt i did it on cost(oops!!)
else everything is correct

Sankalp (CA Final) (47 Points)
Replied 09 November 2016

Then its Good...:)..

My chances of exemption are getting high now...

Hope for the best....

and best of luck to everyne for the rest of exams..!!..God Bless you all..

^.^

1 Like

Abhishek Goel (C.A. Final Student) (193 Points)
Replied 09 November 2016

Yes Rinky, steps marking is prevalent in all subjects with no exception. A small example , If u have written a couple of formulas which were to be used in solving question. quite possible u would fetch a half when u expecting none.