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  #2041  
Old Tuesday, July 01, 2014
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[QUOTE=humair Khan;734656]
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There was a cost allocation method question in the test.... What are these allocation methods., did some one attempt it correctly...?

I wrote 1 Job order costing 2, Process Order costing and my friend wrote Direct Cost Indirect Cost and Factory overhead. don't know who was right. How did you attempt it?
I also wrote job order costing, process costing and activity based costing..... But don't know whether
i am correct or wrong....

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  #2042  
Old Tuesday, July 01, 2014
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I also agree..with invincible spirit..
Theory me marks lena mshkl hen
There may b a factor of biasness while checking theoretical paper..
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  #2043  
Old Wednesday, July 02, 2014
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[QUOTE=only shah;734663]
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Originally Posted by humair Khan View Post

I also wrote job order costing, process costing and activity based costing..... But don't know whether
i am correct or wrong....

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Algebraic equation agr kbi dekhi ho service deptt ki to ap smjh jao gay question...........
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  #2044  
Old Wednesday, July 02, 2014
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[QUOTE=only shah;734686]
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That's what I am asking..... If you have knowledge kindly share with us

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Share to kr dia bhai............. service deptt ki cost apportionment ke nam se kisi bi cost accounts ki book dekh lo..................
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  #2045  
Old Wednesday, July 02, 2014
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Cost Allocation methods for manufacturing factory
1-traditional method
2-Activity Base Costing Method
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  #2046  
Old Wednesday, July 02, 2014
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cost allocation methods are
1) direct method
2) step down method
3) reciprocal method
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  #2047  
Old Wednesday, July 02, 2014
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Q 1 is confusing , most have attempted differently
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  #2048  
Old Wednesday, July 02, 2014
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Default Height of mismanagement and negligence by NTS

http://www.cssforum.com.pk/other-com...06-2014-a.html

I came across this link over the forum. Guys we have been duped by NTS. NTS had distributed the AD finance paper to all the AD operations candidates. Shame on this negligence.
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  #2049  
Old Wednesday, July 02, 2014
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Quote:
Originally Posted by aquila View Post
http://www.cssforum.com.pk/other-com...06-2014-a.html

I came across this link over the forum. Guys we have been duped by NTS. NTS had distributed the AD finance paper to all the AD operations candidates. Shame on this negligence.
thats just that man's opinion. nts has not done it deliberately. as essay and case study wasnt for AD finance .
it paper setter who is responsible for distribution of q with in given syllabus.
no hue cry for wrong paper distribution dear .
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  #2050  
Old Wednesday, July 02, 2014
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[QUOTE=humair Khan;734656]
Quote:
Originally Posted by only shah View Post
There was a cost allocation method question in the test.... What are these allocation methods., did some one attempt it correctly...?

I wrote 1 Job order costing 2, Process Order costing and my friend wrote Direct Cost Indirect Cost and Factory overhead. don't know who was right. How did you attempt it?
============================
You are absolutely correct Dear, Matz (the most authentic book) gives these two methods (job order/process costing)of Cost allocation in manufacturing industry. Baaqi log jo bta rhe hain wo deparmentalization ki baat kr rhay hain, jo k cost allocation nhi hai. cost allocation ka matlb product ko cost allocate krna hai. jb k departmentaltzation me ek deparment ki cost 2nd ko transfer hoti hai......

Further, it should not be confused with FOH allocation, jo k algebraec method ki baat ki hy kuch dosto ne...... FOH is single element of cost and not the total product cost. JOb order and process costing is correct answer. I also consulted with experienced teacher of SKAN who is teaching cost/Decision making to CA/ACCAs.( Ye alag baat hai, main nay bhi ye question galat attempt kia)
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