Tips for costing


(Guest)

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 โ€ฆn now m unable to find its link โ€ฆโ€ฆ

so here is it my analysis abt costingโ€ฆ.

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

Chapter analysisโ€ฆ..

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 shouldnโ€™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 โ€ฆ

Nainaโ€ฆ.

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