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How to score 50+ in costing (ama)

Deepak Arora (CA-Final) (398 Points)

07 November 2015

Hi Friends I am going to sit for 2nd group from Monday. I am not much confident on Costing as yet after doing preparation. I need your last minute advice on selection of chapters which much be covered to score 50+ in this paper. I would be thankful if you could provide your valuable views on the same Regards Deepak Arora

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11 Replies

sasi k kanth (accounts executive) (90 Points)
Replied 07 November 2015

i too am preparing. do practice manual qt full first. then do theory and problems in developments in cost accounting. mainly abc costing for sums. pricing decissions is also guarantee small chapter. see standard costing formulas and solve some sums. with this u can answer upto 50+. this is my personal opinion. all the best.

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AMBUJ SHARMA (CHARTERED ACCOUNTANT) (243 Points)
Replied 07 November 2015

m also appearing for AMA on monday. go for chapter 10-16 as they are short & still carry fair amount of marks + ABC + service sector costing

Deepak Arora (CA-Final) (398 Points)
Replied 07 November 2015

Hi Ambuj I have not done the LP and transportation as yet what you suggest should I leave both topics as time is very limited now.

AMBUJ SHARMA (CHARTERED ACCOUNTANT) (243 Points)
Replied 07 November 2015

u can't, as this one contain of frequently asked questions...

sasi k kanth (accounts executive) (90 Points)
Replied 07 November 2015

transportation is not that difficult. see youtube dkc classes concept covered quickly

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AMBUJ SHARMA (CHARTERED ACCOUNTANT) (243 Points)
Replied 07 November 2015

you can also check on online campus @ icai.org

ASHU SHARMA (CA STUDENT) (194 Points)
Replied 07 November 2015

I have left LP and cpm pert .is it ask frequently?

Rohit Tulshyan (RTProfessionals) (333 Points)
Replied 07 November 2015

Yes lp cpm.pert is asked frequently..i rember when i first gave my costing. I did just one day before exam. No coaching nuthing..first reading before exam..just saw dani ki costing..dkc some one mentioned..i left simplex...managed 36..qt is asked for 35-40..sometimes easy questions are asked..see marks distribution in pm or ref books..and when u get stuck..think from point of view of a production guy mai banata toh kitna paisa lagta..