thanks // almost all the answers are rite.. except for some.anyhowwggested answers are final.. they are given oly after results....

Hi.

I think there is a mistake in the Cost and FM paper. Please review the paper again and Correct the following mistake :

1 Marginal Costing --- Fixed cost has been taken 7 Lac instead of 15.80 Lac to calculate the sales

2. Process Costing : The Balance of Process I has not been transfered in the Process 2nd account

Regards,
Sandeep

sandeep bhatt, u r right....

The Balance of Process I has not been transfered in the Process 2nd account.

so u can see the RTP q.9 may 2010.

uttam pls arrange for other papers of IPCC as well

actly ipcc tax papr may cofee vale qn 2(A) may maine agriculture  or business ki profit sharing %25&75 li hai because rosted coffee nai kaha thaaaaaa to kitne marks katenge bt maine note dia hai..

and ye sabhi ansrs thik hai ho sold papr may die hai???

In the attached PDF file which is from the RTP you can find that the balance of Process I has been transferred to the process II but in your Cost and FM solution the same approach was not followed.

Please tell me if I am stil wrong ?

sandeep bhat..

u are rite.. the answer for that particular question is wrong

hi,

Plz send me pcc It & S.M. Solution Papers for May 2010

ipcc & pcc bl,cl solved paper

hi,

i have a doubt regarding the solution of  escalation claim question of cost & fm.

in the solution escalation is claimed on the basis of variance of price but not on the utilisation of labour and material, if u go through the definition of escalation claim it says that escalation clause is usually provided in the contract as a safeguard against any likely changes in the price or utilisation of material and labour.

so i beileve that utilisation of labour and material is also have to consider while calculating escalation claim

please clearify me if i am wrong,

rachit jain

yeah regarding this question there are doubts and i believe the solution in this too is not that too logical.. anyways lets wait for suggested answer or else some old question in exam or a RTP will solve...

escalation claim is provided for  % of change in prices due to inflation or time gaap between contract  bt escalation claim is only given for change in standard price and actual price , reason behind this is a contractor shud knw hw much quntity material is required.

q no. 5 missing in law solutions

!! THANKS !!

U'VE HELPED ME TO ESTIMATE MY RESULT...THANX

Originally posted by : ๑(•ิ.•ั)๑uttam๑(•ิ.•ั)
	ipcc & pcc cost&fm solved paper.