How is PCC/IPCC Costing Paper today ?

easy......... but bit lengthy.........

WACC : 13.02 %

Fund flow tallied at : 25,66,000.

Total sales variance : 44000

very lenghty

compared to previous term ie may 2010  is it tough or easy paper ???

easy but lenghty

I would say both the attempts are not tough. Indeed they are very lengthy. I havent crossed 5th question. Very very heavy to do we have been asked to find All 3 Leverage for 3 firms and we have to discuss and decide on the same for 4 marks. Marginal costing and memorandum reconciliation alone was justifiable to time allocaton.

Many questions were from compilation&RTP.. Easy but lengthy!!! Definitely much better than may paper..!!

I hope the valuation isn't strict considering the fact that the paper was quite easy!!

ya, its was is easy but 2 much lenthy.

Originally posted by : vivek
	WACC : 13.02 % Fund flow tallied at : 25,66,000. Total sales variance : 44000

Wacc was 12.54%

Sales variance 22000 favourable. i dnt knw hw u gt 44000????

the paper was easy but too lenghty to cover all question.

wacc was 12.54%

sales variance 22000 favourable

fund flow statement is from compiler

it came in pe2 nov 08

in my pe2 compiler its on pg 52 q3

Guys... Fund flow statement was not asked at all..>!!! Read the question properly....1 THey just asked us to find "Fund flow from operation" i.e that adjusted p&l a/c.... Those who had found the paper lengthy... Would have wasted tym unnecessarily preparing "Fund Flow Statement" lik me.... :p