IPCC: Suggestion for November 2010 Exam 

Suggestion for IPCC November 2010 exam

Important Problem Chapter

(1)  Overhead Recovery Rate, Allocation & Apportion, MHR , Under/ over recovery rate

(2)  Cost Ledger Control & Profit Reconciliation

(3)  Standard Costing

(4)  Material Budget

(5)  Process Costing: Equivalent Production & joint  product

Important theory

Short Notes

1.                  Direct Expenses

2.                  Imputed Costs

3.                  Treatment of packing cost

4.                  Research & Development cost

5.                  Overtime Premium

6.                  Labour Turnover

7.                  BEP

8.                  Margin of safety

9.                  Angle of incidence

10.              ABC of Material

11.              JIT of Material

12.              allocation of common cost

Distinguish between

1.                  Period Cost Vs. Product Cost

2.                  FIFO Vs. LIFO Valuation

3.                  Job Vs. Contract

4.                  Blanket Vs. Multiple Vs. supplementary rate

5.                  Job Evaluation Vs. Merit Rating (May 2008, Q-4)

6.                  Operating Vs. Process Costing (May 2004, Q-4)  

Remember all the chapters are important in CA IPCC/ PCC . So prepare all of them just put and additional stress on the above items.

Wish U all the best.