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    CA Inter Cost 1 5 Day Strategy 1697437359

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    Anushree Salvi
    The document provides a schedule and topics for a cost and management accounting exam, including details on the timing and weightage of different chapters that will be covered. It emphasizes the importance of chapters 2 and 3 which cover cost ascertainment, cost accounting systems, and methods of costing. The document also provides advice on focusing study efforts on key topics within chapters and showing calculation steps clearly.

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    CA Inter Cost 1 5 Day Strategy 1697437359

    Uploaded by

    Anushree Salvi
    22 views3 pages
    The document provides a schedule and topics for a cost and management accounting exam, including details on the timing and weightage of different chapters that will be covered. It emphasizes the importance of chapters 2 and 3 which cover cost ascertainment, cost accounting systems, and methods of costing. The document also provides advice on focusing study efforts on key topics within chapters and showing calculation steps clearly.

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    The document provides a schedule and topics for a cost and management accounting exam, including details on the timing and weightage of different chapters that will be covered. It emphasizes the importance of chapters 2 and 3 which cover cost ascertainment, cost accounting systems, and methods of costing. The document also provides advice on focusing study efforts on key topics within chapters and showing calculation steps clearly.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    22 views3 pages

    CA Inter Cost 1 5 Day Strategy 1697437359

    Uploaded by

    Anushree Salvi
    The document provides a schedule and topics for a cost and management accounting exam, including details on the timing and weightage of different chapters that will be covered. It emphasizes the importance of chapters 2 and 3 which cover cost ascertainment, cost accounting systems, and methods of costing. The document also provides advice on focusing study efforts on key topics within chapters and showing calculation steps clearly.

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    Cost & Management Accounting

    ● Costing is a lengthy subject. Pay focus to conceptual knowledge

    ● It can be a very high scoring subject if done properly

    Law Exam Day

    Topic Time

    Material Cost 6:30 PM to 8.00 PM

    Employee Cost 9.00 PM to 10.30 PM

    Overheads: Absorption Costing Method 10.30 PM to 12 PM

    Next Day

    Topic Time

    Standard Costing 7 AM to 8.30 AM

    Marginal Costing 9.15 AM to 11.15 AM

    Job Costing and Contract Costing 11.30 PM to 1.00 PM


    Budget and Budgetary 2 PM to 3.00 PM

    Process and Operation Costing 3.00 PM to 5 PM

    Cost Sheet 5.30 PM to 7 PM

    Joint product and Buy product 7.15 PM to 8.45 PM

    Unit & Batch costing 9.15 PM to 10:30 PM

    Exam Day

    Topic Time

    Service costing 6.00 AM to 8 AM

    Activity Based Costing 8.15 AM to 9.15 AM

    Quick revision of all the formulas 10:00 AM to 11:30 AM

    *Important Part to Focus

    Topic Weightage Importance


    (appx.)

    Chapter 2 35%-40% Very High

    Ascertainment of Cost and Cost Accounting System

    Chapter 3 25%-30% Very High

    Methods of Costing

    Chapter 4 20%-25% High


    Cost control and analysis

    Chapter 1 10%-15% Medium

    Overview of Cost and Management Accounting

    Contract Costing Apart from the escalation clause in this chapter, everything is simple. Just for
    the escalation clause you have to give little effort but even that can be done quickly. There are
    not many problem sums in contract chapter.

    Process Costing Well in process costing the Topic at the beginning of the chapters are simple
    like normal/abnormal loss, abnormal gain etc, you don’t have to give too much effort to do this
    part. Thus the complicated part in this chapter is the equivalent production topic.

    MATERIAL computation of EOQ, stock levels and valuation of inventory (FIFO, LIFO etc),
    and other than this there are few misc problems

    Overhead needs Calculation of Machine hour rate in this chapter is in Operating costing as well,
    which is quite similar so you don’t have give much effort in this topic , however allocation of
    expenses and over/under absorption is an important and different topic so do it thoroughly and
    practice this part from the compiler surely

    Proper make steps and bifurcate the calculations as per the requirement of the question.

    Best of Luck!

    Thanks

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