Tips for costing

IPCC 1234 views 17 replies

Tips for costing..

This is my second part of article. M very happy tht people appreciated my last article abt info tech. I m posting this article again bcz tht was posted with my last id …n now m unable to find its link ……

so here is it my analysis abt costing….

Costing this is easy bt logical sub. Thtsy itna easy hote hue bhi its remain complicated.

Chapter analysis…..

s.no

Chapter no

 

Imp topic

Portion u can leave

 

Theory/

practical

Imp or

Not imp

min

mark

1

Intro

Def asked mainly.cost a/cg ke objective,installation,n difficulties

Nothing

Theory

imp

2-3

 

2

Material

Almost whole

Nothing

Mix

imp

5

 

3

Labour

Rowan n halsey method practical,n also def

 

Baki methods ke practical

Theory

imp

3

 

4

Overheads

Supplementary rates

Not really

Theory

ni

 

 

5

Unit costing

 

----

Totally

----

ni

-

 

6

Job,batch,costing

Contract with escalation clause

 

Job n batch

Job n batch ki theory

imp

8

 

7

Process

Totally imp

---

practical

 

imp

8

 

8

Joint n by product

Nothing much, u can simple learn this chp theory.

Jitna imp hai usko chod ke sab irrelevant.

theory

ni

-

 

9

Operating

Simple Q, def of absolute n commercial

Nothing

Mix

seldom

Cant say

 

10

Integral

---

Practical

Theory

nopes

---

 

11

Reconciliation

Practical q only

Nothing

Mix

must

6

 

12

Marginal

Totally imp

Nothing

Mix

must

6

 

13

Budgeting

Imp

Nothing

Mix

must

imp

 

14

Std costing

Totally imp

Nothing

Mix

must

6

 

               

My view

v I hav taken P.C.tulsian book.

v Its gud bt lengthy.

v It lacks gud explanation on marginal n std costing which creates a gud base for 10 marks atleast.

v So I refered makkar sir notes. It has a gud base in marginal , std ,n also budgeting.

v Well I wil prefer rajesh makkar sir notes over this book for these chp.

v Overhead is a chp which shouldn’t b focused too much..n its methods as well.i wasted a lots of time. This chp should b done atlast.

v Cant predict the marking base bcz costing is a paper of mix question so cant make exact probability.

v Operating costing is a kinda chp frm which practical q in 2 yrs almost .

v Costing q comes in mix format so cant define wht % of every chp accurately.

 

 

Regards …

Naina….

        my other useful links .....

    Tips for info tech

Tips for SM

 

 

Replies (17)

Thanks A Lot for Sharing.......its realy very useful one...........

Tips for costing..

This is my second part of article. M very happy tht people appreciated my last article abt info tech. I m posting this article again bcz tht was posted with my last id …n now m unable to find its link ……

so here is it my analysis abt costing….

Costing this is easy bt logical sub. Thtsy itna easy hote hue bhi its remain complicated.

Chapter analysis…..

s.no

Chapter no

 

Imp topic

Portion u can leave

 

Theory/

practical

Imp or

Not imp

min

mark

1

Intro

Def asked mainly.cost a/cg ke objective,installation,n difficulties

Nothing

Theory

imp

2-3

 

2

Material

Almost whole

Nothing

Mix

imp

5

 

3

Labour

Rowan n halsey method practical,n also def

 

Baki methods ke practical

Theory

imp

3

 

4

Overheads

Supplementary rates

Not really

Theory

ni

 

 

5

Unit costing

 

----

Totally

----

ni

-

 

6

Job,batch,costing

Contract with escalation clause

 

Job n batch

Job n batch ki theory

imp

8

 

7

Process

Totally imp

---

practical

 

imp

8

 

8

Joint n by product

Nothing much, u can simple learn this chp theory.

Jitna imp hai usko chod ke sab irrelevant.

theory

ni

-

 

9

Operating

Simple Q, def of absolute n commercial

Nothing

Mix

seldom

Cant say

 

10

Integral

---

Practical

Theory

nopes

---

 

11

Reconciliation

Practical q only

Nothing

Mix

must

6

 

12

Marginal

Totally imp

Nothing

Mix

must

6

 

13

Budgeting

Imp

Nothing

Mix

must

imp

 

14

Std costing

Totally imp

Nothing

Mix

must

6

 

               

My view

v I hav taken P.C.tulsian book.

v Its gud bt lengthy.

v It lacks gud explanation on marginal n std costing which creates a gud base for 10 marks atleast.

v So I refered makkar sir notes. It has a gud base in marginal , std ,n also budgeting.

v Well I wil prefer rajesh makkar sir notes over this book for these chp.

v Overhead is a chp which shouldn’t b focused too much..n its methods as well.i wasted a lots of time. This chp should b done atlast.

v Cant predict the marking base bcz costing is a paper of mix question so cant make exact probability.

v Operating costing is a kinda chp frm which practical q in 2 yrs almost .

v Costing q comes in mix format so cant define wht % of every chp accurately.

 

Its Already posted Dear..............

Ok............

Its Very Useful ..........

Keep it up................

i already told tht ...it is frm my previous id ...

i had deleted tht id earlier ...so i was unable to find it  again .....

thnx 4 sharing ....

it shows hw much hardwork u hv put into it !!....

..

..:D


keep blowing the world with ur thoughts .....

.

 

 

..

..

but i don' t need these (ummeed toh yehi hai ) ....

Originally posted by : Suresh_Smiter
Thanks A Lot for Sharing.......its realy very useful one...........
Originally posted by : Naina

i already told tht ...it is frm my previous id ...

i had deleted tht id earlier ...so i was unable to find it  again .....

 

Thanks for sharing it Again..............

Its Very Nice Sharing..........

really vry helpful and useful dear,keep sharing ur knowledge

iI PREPARE MY COSTING FROM PADUKAA IT HAS THEORY AS WELL AS  PRACTICAL QUESTION OF LAST 15 YRS WHICH ARE VERY HELPFUL FROM PREPRATION POINT OF VIEW I THINK IT IS SUPERB BOOK FOR PREPRATION OF THEORY AS WELL AS PRACTICAL QUESTION

Great Job Done Naina, Very Useful. Keep Sharing

if u take my opinion ,every topic is important......

but, nice article thanks for sharing....

keep sharing......... 

good 1....)..also post a similar articlle on auditing and law...

great analysis.................hope will help all...............but then nothing can compensate studing,so have to study to get gud marks................

hey agree with all of your points except one....i.e.  regarding the chapter of overheads

in my opinion it is also an important chapter and knowledge of this chapter can make you score atleast 5-7 marks..

i think institute's material and practice manuals are enough to study cost n fm

 

but ya very nicely written and good interpretation.....keep it up 

Originally posted by : SAN...

Great Job Done Naina, Very Useful. Keep Sharing
 


CCI Pro

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