55 days.. it may b wrong..
Today's ca final ama paper
Page no : 3
ashish nagpal
(ARTICLE ASSISTANT)
(22 Points)
Replied 10 May 2016
to me it appeared like i m being given questions for practice with no time to think. seriously it was like too much of brain storming was needed in almost every question. accrdng to me.
Nivruthi shah
(ca)
(122 Points)
Replied 10 May 2016
Very lenghty ... Attempted just 70 that too not confident
CA Rishabh Lodha
(Chartered Accountant - Business Analyst)
(537 Points)
Replied 10 May 2016
Costing ka paper khatam karne ka nahi hota hai....75-80 marks hi attempt ho pata h....100 attempt karne jayega to disaster hi hota h....its a universal truth for costing paper!!
CA Rishabh Lodha
(Chartered Accountant - Business Analyst)
(537 Points)
Replied 10 May 2016
No problems....70-75 marks well attempted costing paper is excellent provided you have done is neatly and 71 marks well answered!!
CA Vasiullah (Vasi)
(Audit Executive)
(1813 Points)
Replied 10 May 2016
I really lost the track after 2 hours, there was't enough time even to read the questions, even 5 marks questions looked like 8 marks question. It was like mad mad race against, in the process I almost overlooked 3rd question which think was the easiest.Overall about 70 attempted. Just praying for 45 marks.
I did not use graph paper, instead solved the question on the answerbook itself!! Will it have any adverse impact? Although I got the seemingly right answer which I think is RS. 410.
For network I got 46 days... Anyone else?
CA Rishabh Lodha
(Chartered Accountant - Business Analyst)
(537 Points)
Replied 10 May 2016
Just saw the paper...Less technical and more of common sence needed!!!
and costing paper is purposely set lengthy to scare students but if you read the lengthy questions, they are easier ones actually!!
By the way 7 (a) was a good question...like a Puzzle :P
CA Vasiullah (Vasi)
(Audit Executive)
(1813 Points)
Replied 10 May 2016
Yeah, Truely, got part (ii) of 7(a) bang on target, but examiner may not find part (i) answer so convincing!!
CA Vasiullah (Vasi)
(Audit Executive)
(1813 Points)
Replied 10 May 2016
Started with 6(a) which also was new kind, got 48,000 additional contribution. Anyone else?
CA Manish Pawan
(Practicing Chartered Accountant)
(134 Points)
Replied 10 May 2016
My Answers to the AMA Questions. Please tell me If they are wrong
1(a) 21000 hours or 1.75 hours/ unit
1(b) Gain 36800
1(c) (i) 36400 (ii) 33200 (iii) 35200
1(d) (i) Optimum Solution (after allocation and other working) (ii) 1 alternate optimum solution was there.
2(a) & (b) Not Attempted
3(a) (i) Total Profit 1833000 or Incremental Profit 168000 (ii) Transfer will result in loss. Even at Rs. 37 Transfer rate company as a whole incurring loss
3(b) (i) Production Budget M-60000 units P-120000 units and Requirements P-300000 Q-480000 (ii) EOQ P-200 units and Q-160 units
4(a) (i) 5 (ii) 10 (iii) 15 (iv) 20000 (v) 20
4(b) Critical Path 1-3-6-7-8 Total Duration 51 Days
5(a) (i) 8867.50 (ii) 241.90 (iii) 32.98
5(b) Current Scenerio Profit 192 Lacs and Proposed Scenerio Profit 524.80 Lacs
6(a) Rs. 48000 Positive Change.
6(b) Not Attempted
Thanks.
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