Costing exam prep

This is simply the continuation of the part ....  n again it's just a guideline for the busy busy people who had no time to prep ... n sorrrryyyyy thodi extra late ho gayi ... crying as I was too much busyyyyyy blush

1.       For costing theory, I’d recommend the combination of RTP n Compiler only. I did that for my attempt , and my theory hardly crossed 7 pages for both Cost n FM. Unfortunately, I had lost that otherwise I’d have shared that.

But still in case you have not made any notes, then at least you can mark the revised question or just write 1,2 as per their repetition  basis. So that  on exam day, you focus on just some imp questions.

2.       Material chapter fully based on formula. Obviously if u learn it rightly, you can grab those 5 marks easily.

3.       In labour, I had focused on rowan method, halsey method , Halsey weir and labour turnover.

4.       Overhead , a big one and confusing chapter (at least for me) . So do after you done all imp chapters.

5.       Operating costing (luck by chance) chapter. If it comes it’d fetch u 8 marks otherwise won’t give you anything. For this you don’t need to devote more than 15 minutes .It’d more than sufficient believe me.

6.       Process costing , you have to do this chapter religiously as it comes from 8-10 marks constantly. So you must be well aware by both methods of production.

7.       Budgeting chapter which I really loved it as it’s quite similar to accounts. You have to focus on cash budget, purchase budget and sales budget and for the rest others you can have eagle’s view.

8.       Contract chapter , its one of a kind chapter which get mixed with every other chapter e.g. Marginal costing and standard costing.  For this you need to learn standard costing formulas and p/v ratio and break-even ratio by heart.

 

9.       Non-Integrated chapter really a long one and not so imp as well. It’s simply accounting. You need to see the visible differences and it’s done. Do it at  last. 

As no one can predict the practical question, so I'd advise you to have a copy of your mistakes on your side along with solution so atleast you can prevent them from recurring in exams ... Goodluck yes

 

Regards

Renu

Replies (7)

You'd surely find this link helpful as it would be able to give you glace of whole exam ... so just click the link 

Question Papers + Suggested Answers + RTP by ICAI at one place

n ab iske baad bhi aur padne ka dil kar rha ho to u can have bird's eye view  upon this link as well angel

Exam style part 1

Pcc preparation part 2

Thanks for sharing hope this will me for nov 13 exam

Thanx Dear.............  Dis tips really going 2 help us.......

 

Gv tips for FM yaar...................

 

 

Useful tips and papers are also useful

thanks...

For this attempt theory questions came from different planet

Practical were more fun

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details