announcment to Costing Google drive students
Hope your classes are going well.
This message is to inform you the following :
1. We have 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.
2. We have recently started our face to face batch of costing and have shared the recording of this batch too (Free of Cost) on your Google Drive. There is no difference in the syllabus. Its upto you to carry on viewing the old recordings or switch to new recordings. You shall be informed for any specific lecture to be viewed.
3. In material Chapter, ICAI has rectified its mistake in one topic.
Where number of orders are in fractions, now it has to be rounded off to next interger.
Refer Eg : 6 on our register.
A = 1,00,000, O = Rs.4,500 and C = Re.1
EOQ = 30,000 units
Now Number of orders = 1,00,000 / 30,000 = 3.333
Earlier while calculating ordering cost, ICAI used to give marks for both 4 as well as 3.33
Now Number of orders shall be 4 and ordering cost shall be 4 x 4,500 = Rs.18,000
Same treatment has to be done in tabular format too.
You must view the NEW RECORDING "Lec 3_Material" Eg 9 and Eg 10 (from 1:46:00) for the same.
Revised assignment with latest questions (Ques 28 - Ques 47) have been uploaded in "Cost Lec 04" in Beginners' steps
Please practice the same.
4. For any doubts in costing, you may whatsapp your query to Vaibhav Sir at 7290016952.
Also if you wish to meet Vaibhav sir in person, you can come to Pitampura centre at 1:00pm on Monday - Friday. However do confirm at 9266149400 between 9:30am - 10:00am the same day.
GOD Bless you
CA Vaibhav Jalan