Ca final costing ?

Page no : 3

neer maru (Partner) (83 Points)
Replied 03 June 2014

icai is no longer a professional institute..its a shameful path icai is on..it was not a professionally set paper..these people are testing students as if they are going to play hot seat quizzes with their clients..the papers should be application based to test the candidate's knowledge..not finger muscle power..in addition open books examination should be conducted as they are in AICPA and ICAEW..when are they gonna realize the age of computers has dawned long back..no one needs to know 15000 pages byheart

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CA Apoorva Gaurav (CA) (368 Points)
Replied 03 June 2014

In my opinion it was the easiest paper so far

subject to

LENGHTHIEST paper anyone could draft and ever asked.

On my centre I couldn't find anyone who could even attempt all 6.

Max Payne (employed) (2574 Points)
Replied 03 June 2014

1 d 30000 is wrong. he wont start in one place and touch all the places and come back to that place. you need to change the allocations in that problem. its not just assignment.. you have to get the answer as he goes from 1 to 2 to 3 to 4 to 5 and 5 to 1 like that... its too time consuming because you have to guess where to break the journey and make an allocation in the next highest cost option so that you get one unbroken journey starting and ending same city.. 30000 is the lowest cost, but it wont meet the objective of the problem.

binal (article) (29 Points)
Replied 03 June 2014

What's the answer for ABC question?

Raunak (CA Final) (227 Points)
Replied 03 June 2014

@ g.k. no its not guessing, its a method to do it. i got the salesman correct. its T->P->S->Q->R->T

So then the cost comes to 32,000

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binal (article) (29 Points)
Replied 03 June 2014

Yes also its alternate solution

binal (article) (29 Points)
Replied 03 June 2014

What's the answer for ABC question? What adjstwas made for those average....

binal (article) (29 Points)
Replied 03 June 2014

No we need not classify as appraisal, preventive etc for TQM

Raunak (CA Final) (227 Points)
Replied 03 June 2014

then how to justify it @ binal ?

binal (article) (29 Points)
Replied 03 June 2014

Even I have goofed up with the question. But it is definitely not classify since they haven't asked you for one

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Raunak (CA Final) (227 Points)
Replied 03 June 2014

since they have asked for justification maybe you can justify by saying it belongs to which type of cost or it doesnt belong anywhere..but anyways..thats what i wrote

ABC was dead easy.. but should be careful that sales and cogs were per delivery and a few OH should have been per delivery based too.