announcment to Costing Google drive students
Hope your classes are going well.
This message is to inform you the following :
AMENDMENTS for MAY 2021 exam and NOV 2021 exams.
1. In Material chapter, now after calculating EOQ, if you are required to find No. of orders and the answer comes in fractions, it is to be rounded off to next integer. Similarly in Batch costing, after calculating EBQ, if number of sets up comes in fractions, it is to be rounded off to next integer.
2. In Process costing, the format of INTER PROCESS PROFITS, has been changed a bit
3. In cost sheet, there are certain amendments.
If you are watching OLD RECORDINGS, then it is recommended to watch the following lectures under NEW CLASSROOM RECORDINGS to gain confidence.
Lecture_3_Material (From 1:46:00 till end)
Lecture_13_Contract Costing (From 2:07:36 till end)
Lecture_20_Standard Costing (Complete Lecture)
Lecture_24_Employee Cost (From starting till 53:00)
Lecture_29_Marginal Costing (Complete Lecture)
Lecture_31_Marginal Costing (Complete Lecture)
Lecture_32_Marginal Costing (Complete Lecture)
Lecture_37_Process Costing (From 1:39:40 till end)
Lecture_43_Overheads (From 1:03:40 till end)
Lecture_45_Activity Based Costing (Complete Lecture)
Lecture_48_Cost sheet (Complete Lecture)
We have also introduced Lecture wise practice assignment for your concept clarity. After watching every lecture, few questions related to that particular chapter have been uploaded on your MKG Test App (E-book software). Click on "Beginners' Steps" on MKG Test App to solve these questions.
Prepare yourself for 4 months full syllabus test series starting from July.
For any doubts in costing, you may whatsapp your query to Vaibhav Sir at 7290016952.
GOD Bless you
CA Vaibhav Jalan