CA Inter Costing May 2026 Exam Day Booster Session | Pre-Exam Marathon | CA Pranav Popat | SPC

Añadido: 2026-05-17

[00:00:29]May your speed be such that you don't stop even if someone tries to stop you.

[00:00:38]Achieve such a peak that even the mountain's eyes bow down, hopes bloom, the heart laughs, now nothing is difficult, nothing at all.

[00:00:53]So welcome my dear friends. It's the exam day. And let me tell you one important thing, today is not more about preparation. It is more about the mindset. It is more about how well you manage your mental state during the three hours. So that you can like give your best. Because understand one thing, we have been working hard for the last several months and we have read a lot. You may feel that you are not perfect and there is no need to be perfect. Whatever you have done, whatever you have revised, whatever you have practiced, be satisfied about it.

[00:01:38]Just promise yourself one thing before going to the centre today that whatever comes to mind, I will definitely correct it. I will not commit such a mistake that I come here and do something wrong. That is why I will not make any mistake and will use the calculator in such a way that the speed remains good and there is not a single error. You will take care of small things.

[00:02:00]You will keep your mindset right brother. No one can stop you from passing today. Okay everybody? Let's start the pre exam booster session. Today is C Intermediate May 2026 Costing paper and I pray this to God.

[00:02:14]I really wish that you have to give this paper for the last time today.

[00:02:20]Never should such a situation arise in life that you have to give this paper again. Ok? Let us start today's session with this wish. So what will be our agenda?

[00:02:31]Sir Quick Formula Marathon was the last time I took it. I don't know. If you guys give me feedback then I will take it, otherwise I will not take it because I have already uploaded the PDF of the formula on Twitter.

[00:02:43]If you say that you guys will make the formulas yourself then it is best brother.

[00:02:47]The session will be short. It will be much better.

[00:02:50]Secondly, I am going to tell you some last minute tips and tricks. I'll give you some problems. Meaning, we will solve only two problems and its objective is not to teach anything new. Like a booster, a warm up early in the morning before a paper and finally I will say goodbye to you by giving you some motivation.

[00:03:08]ok sir. Okay, alright. All right, all right. All right.

[00:03:14]Audio and video everything is coming fine. Is everything alright? It's great. Let's cool it. So let me tell you that you will get the formula PDF on my Telegram channel.

[00:03:26]Formula PDF You Will Get It On My Formula PDF. Look, I am not going to increase anything.

[00:03:33]I am not going to do more problems or anything. I understand you.

[00:03:38]In this session I can teach you something new or I can get you to do something in this session. I should make a claim that if you do this session with me, you will pass. Nothing like this happens brother. All these are useless things. This session is here to make you positive. To give you positive emotions. To give you the confidence that you know the things. You know you do. You just make yourself negative under the pressure of exams. I am taking sessions to get out of that negativity. Don't come here and talk like a child, saying get two more problems solved, get this done, get that done. I won't be able to get it done. Getting me to do two more questions will not change your hard work of 6 months. It will remain as it is. But whatever you know, if you remain positive then you will be able to do your best. This much I know.

[00:04:20]Ok? Understand the matter. Why We Are Here.

[00:04:23]You will do the formula yourself. I have attached the PDF. You have revised the entire syllabus.

[00:04:30]You can see for yourself once you know all the formulas. Ok? You are not such a small child. All right.

[00:04:36]Apart from this, let me tell you that I provide one more facility for you.

[00:04:41]If some of you children have studied CA Foundation Contractual Aptitude from me, then I used to do it there also. Capsule Shots: These capsules are small pills, let me tell you where your time is wasted in the form of shots.

[00:04:53]When you leave home for the centre, if you are going by public transport, then you do not understand what to do in between. I do n't understand what to read. Sometimes people leave early.

[00:05:02]Reach the centre. So what to do after reaching the center? How much to read?

[00:05:06]Unable to understand And if I read anything else, I feel tense. Don't worry. You should not read anything new. There is no need to read anything separately from books.

[00:05:13]Approximately how many shots do I have here? 21 shots are made. Every shot is less than 1 minute. And in these short videos, there are some such tiny points which I think if you recall them once at the last moment, then you will remember some good points in the paper which you can avoid the chances of missing out. And you just have to scroll this brother. You just have to scroll this. Are you understanding what I am saying? So this is also a very useful thing. As soon as our session ends, I will share this Exam Day playlist link with you guys on my Telegram channel.

[00:05:48]And the correct time for you to go is either after reaching the centre or on the way, if possible then it is fine, otherwise after reaching the centre, definitely scroll it once.

[00:05:57]It will not take more than 20 minutes. All right sir. Come on brother, join my Telegram channel. I am going to update all these links etc. on Telegram, whether it is the link of formula PDF or the link of capsules. Let's get started with some last minute tips and tricks.

[00:06:17]Now whatever I am going to tell you, please listen carefully brother. I am telling you very useful things. Do you know what the structure of the paper will be? Yes sir there will be structure. You will get two case scenario MCQs.

[00:06:28]Ok?

[00:06:30]Five-P MCQs will be asked within each Case Scenario MCQ. So each MCQ will be of two marks. So there are two case scenario questions of 1010 marks and then there will be five individual MCQs of 2-10 marks which will not be case based but will be direct. What do you think about this 30 number? MCQs. Then how is the number 70 descriptive?

[00:06:50]Question 1 2 3 4 5 6 Every question is of 14 marks. 1 4 14 and out of that you have to do any five. But question one is compulsory. Now the five or six questions that I told you are not completely big questions. Every question has either two sub-parts or some questions even have three sub-parts.

[00:07:09]Like 1, 1 B, 1C, 2A, 2B, 2C or even 3A, 3B only and how do they split it? Number five, number five, number four, so it becomes 14 or number eight, number six or number nine, number five. This is how 14 is broken up. Hey, you guys understand this much, right? The paper pattern clicks with you, right? And the last question that will come in this paper is question six, yes that question six is ​​completely theoretical and any one sub-part of question five or four can also be theoretical. Ok? So you already know all this. Now listen to one more thing. The paper is designed in such a way that out of the descriptive questions that you have, you can assume that 60% of the questions or if I talk about the overall paper, then out of the overall 100 marks, a paper carrying 60 marks will be such in which the marks of the questions seen from the study material will be changed. Ok sir. This means that if anyone does that 60% part well then he can definitely pass. And apart from that, if any such question comes in which the language is changed and which looks new, then do not worry at all.

[00:08:18]You have to do it and it will happen to you.

[00:08:20]I believe this too. But keep that priority later. What will happen? By completing the things that are already happening, positivity comes and then the mind becomes a little relaxed that, well brother, I have done enough to pass.

[00:08:31]After that, some twisted questions also come and our mind starts working.

[00:08:35]Ok? That's because of positivity. Correct?

[00:08:38]Come on brother. So the first tip I want to give you in last moment tips. Revise all the formulas now. Meaning, brother, don't forget this immediately after the session ends. Don't miss out.

[00:08:48]Revise all the flowers once in peace.

[00:08:50]I had you guys do a theory session yesterday. If you want, you can just see the PDF of that theory session. So at least in the theory chart or the PDF that I gave yesterday, Chapter One is not left, you can see only the theory of Chapter One from the top. There is a theory chart, my theory chart, I have made that also available freely. By the way, I provide this chart with my batch. But still I have made this theory chart available free of cost for all YouTube users.

[00:09:17]So if you have a theory chart, it's good. If not, I will also upload the PDF of the theory chart of Chapter One in the tumblegram. Take a look around before you go. Do not read the theory of any other chapter. It's coming for sure from Chapter One.

[00:09:28]Read it. Ok?

[00:09:31]I told you about the capsule shots, scroll through them on the way or after reaching the centre.

[00:09:36]Fourth thing, listen carefully to whatever I am telling you from here.

[00:09:39]Before entering the hall don't think about pending things at all.

[00:09:44]What happens many times is that from which way are we entering? What is going on in our mind also matters a lot. If we are carrying such a mindset while entering.

[00:09:53]Brother, I have left that topic of marginal versus absorption. He should have questions from him, friend.

[00:09:57]Hey friend, I have just left that inventory stockout.

[00:10:01]I don't like it, friend. Hey friend, I have left those fixed dooret variances behind.

[00:10:05]What will happen to me, friend? do not think so. Think that brother, I gave my best.

[00:10:10]I have worked very hard for so many months, so whatever comes my way, whatever I can do, I will do it very well. I will promise this to myself and keep this in mind.

[00:10:19]So whatever has not happened is not going to happen now just because you think about it. And whatever may not have happened may come in the paper but the negativity that you are carrying into the exam will cause you problems much later.

[00:10:31]While you solve the paper. Ok? So now you understand with which mindset you have to go. Do something beginning anytime. See, your beginning will be twice in the paper. Firstly, when you get the paper at 2:45 PM for reading time, then it will be your beginning and secondly, when you get the answer copy also at 3:00 PM, then it will be your beginning. So when you start reading during reading time, before that take a deep breath, take blessings from those you believe in and start reading with a good mindset. When you get your roll number at 3:00, write down your roll number.

[00:11:02]After that, when you start the question by writing the proper first line, then follow the same again.

[00:11:06]Take a deep breath. Start by thinking about the people you believe in and seeking blessings from them.

[00:11:10]So this kind of beginning, this kind of beginning is very important, brother. So that beginning should be with blessings and positivity. Exactly sir, as I said, friend, it doesn't matter what can't be done. Do n't pay any attention to what you think is out of syllabus in the paper or what you think is a special adjustment. Which 100 marks do you want to get brother? You search and search and search and find good things, hey friend, I am saying 3:00 by mistake. I had said it in yesterday's SSH also at 3:00.

[00:11:40]At 2:00 PM sorry 2:00 PM 145 PM you get paper reading time and at 2:00 PM your paper starts. I am really sorry. I don't know why 3:00 am has been on my mind for the last two days.

[00:11:51]Even in the shortcut I put on YouTube, it said 3:00. Ok? So focus on the good things first. What do you want to focus on? Good things first. Meaning, focus on those good things in the paper which you feel are suitable for you.

[00:12:03]Don't worry about it. Ok? Don't think about the rest. Sir, utilize your reading time very effectively.

[00:12:09]Now you have an advantage in reading time.

[00:12:11]Till the last attempt, only descriptive was visible during reading time.

[00:12:15]And what more can a person do in descriptive? Will read the descriptive. He will decide in which sequence the questions should be asked. He will decide which question to leave. But then I felt that if you had given me some MCQs, I would have solved them on the calculator. So brother, your request has been heard and with this attempt, the MCQs are also available along with the reading time.

[00:12:38]So you can also see the MCQ paper. So that's a good thing. You can do something or the other in MCQs before the paper starts. So 145 PM and 2:00 PM sorry. Ok? 145 PM reading time and paper starts at 2:00 PM. Ok?

[00:12:52]Look, keep your focus on attempting the full paper.

[00:12:54]You will feel like, hey friend, I will leave it, I will leave it, I am not able to do it.

[00:12:57]Try something and come back. Whatever is being done well has been done first. Whatever medium is being made, do it on second number and whatever is not being made, do something in that too brother. Do something for sure.

[00:13:06]So keep the speed higher than before. Focus on attempting maximum papers. Ok? MCQs have to be attempted a little smartly.

[00:13:13]Attempt smartly means I will tell you about it in marathons as well as in other sessions. Many times while reading MCQs, we understand that we do not have to solve the entire question. I saw that two things were asked in an MCQ.

[00:13:25]But both those things are different in all four options.

[00:13:27]So if I solve even one of these two things, I will get the right option. So brother, understand that wherever there are options, play smart games a little. Ok? Secondly, there are case scenario MCQs as well as individual MCQs. Individual MCQs are generally easy. Doing them first also boosts confidence. It also does not take time because you do not have to read long paragraphs. Case Scenario MCQs are also easy. Sometimes he comes back after taking a detour.

[00:13:50]But it takes a lot of time.

[00:13:52]So attempt the Case Scenario MCQs after thinking carefully. It should n't take much time. Ok?

[00:13:58]Brother, if there is no need for theory questions then don't touch them.

[00:14:00]But yes, no practical question is being made at all. Then you can also attempt theory questions as a backup.

[00:14:06]Ok?

[00:14:08]Brother, follow all the instructions of ICI very carefully. To write the question number in the centre, to start a new sub-part of the question from a new page. Pay attention to all these small things.

[00:14:16]So in fact, let me give you an extra tip, while writing, do not skip one line.

[00:14:20]You will have to take supplementary medicine.

[00:14:22]No problem. Why am I saying this? The address is written leaving one line.

[00:14:26]Sometimes you have to show some working in brackets later or you forget some item later. Suppose you made a cost sheet by skipping one line at a time and later remembered it while making it. Hey brother, I forgot to include direct expenses. No problem.

[00:14:37]I have space. I have space.

[00:14:39]I can do that. Are you understanding what I am saying?

[00:14:42]Ok.

[00:14:43]So taking blessings from Mother Saraswati, I want to send it to you. You go and do something good today. And whatever I told you, please understand that it is not something very special. These are very simple things. But you forget even these simple things.

[00:14:55]So before you enter please be positive. This is going to make a huge difference.

[00:14:59]Ok? You have worked very hard. I have full faith in you. Now you too should have confidence in yourself brother. Time to believe in yourself, man.

[00:15:06]Ok? Let us go. Now let me talk about some specific things. Like how do you approach case based MCQs bro? So sir, in case based MCQs, always keep this thing in mind that you should not go and read the paragraphs directly. So what should we do, sir, do not read the paragraphs directly. First read the requirements of the MCQ, then read the paragraphs. So, MCQ 1 2 3 4 5, what is asked, what are the options, what is asked, what are the options, read that, then go and read the entire story. What happens by this is that in the back of the mind you get to know what I have to extract by reading all this data. Next thing sir, focus more on data instead of story. When you are reading case scenario MCQ, take a pencil and underline wherever you find numerical data because there are so many paragraphs, many times the important thing gets missed out and time gets wasted in useless paragraph things, theory things, story things. Okay, now solve MCQ wise, not entirely.

[00:15:55]Many times what people do is they read the case scenario, read the MCQs as well, now they will solve the entire thing, then at last they will tick the solved MCQ. No brother, if you feel that you have done a little If you have solved the steps and the answer to any one of your MCQs has come, then go and check it, tick the option and then come back and continue the question.

[00:16:14]What will happen with this? You will get confirmation that yes brother, this MCQ is over. This one is an MCQ. And many times if the first one is wrong then the second one is dependent on the first one. So if the previous option does not match then you can correct it. So understand that you don't have to do all the MCQs at once.

[00:16:28]As you keep solving MCQs wise, you get the answers to the MCQs. Keep going, keep ticking. Keep filling in the OMR also. May it happen.

[00:16:34]Ok? Or at least tick the MCQs. Even if you fill all five together in the OMR.

[00:16:39]Ok? Let us go.

[00:16:42]If you think that it is not really tough otherwise, but if after reading the case based MCQs you feel that by looking at the reading time, brother a very strange question has come, I am not able to understand what it is, then keep it for the letter, let me tell you, you have spent too much time on case based MCQs and it took you 20-25 minutes and because of that, if it is not done later, then negativity will come and think that in the end when the time will be less and you will have to do descriptive work in less time, then you will not be able to achieve much.

[00:17:13]Why? Because only descriptive writing has to be done. But think the opposite, if you have done the descriptives first and you have only the last 5 minutes left.

[00:17:20]Only 5 minutes and case based MCQs to do. Brother, you will definitely do something by doing some reverse calculation or by setting the question according to the options.

[00:17:29]And since there is no negative marking, you can also try something out of your mind. Can you understand what I am saying? It is impossible to be descriptive in the short time left at the end. It is still possible to do case based MCQs in the short time left at the end.

[00:17:42]ok sir. Will work. Yes sir. I will tell you how to utilize reading time effectively through time management tips. Ok? So there are two phases in time management. First reading time. Look, during reading time you have to do two things. By looking at the descriptive questions superficially, that is, without reading the entire data, by looking at what is asked in it, its requirement etc., you get an idea as to which topic it came from and how I have read that topic. Do I know this or not? So after seeing the question you feel that you do not know it. Ok? Usually people mostly skip the theory.

[00:18:18]So decide what you want to skip.

[00:18:20]It is possible that you may not understand any practical at all and if you decide on theory then you may decide to skip it.

[00:18:25]First task. Secondly, at least decide which descriptive question I will start with.

[00:18:33]Meaning, while starting, do not waste time thinking about which one to start with. One best question, your one best. If you want, you can give me two rankings, in rank one, this is my question which I will do first in descriptive. I will do this in rank two.

[00:18:44]Pre-decide this a little and keep it aside.

[00:18:47]I think it will take you 5 to 7 minutes to do all this.

[00:18:53]What to do after that? Get an overview of all the MCQs. First read the individual MCQs. After reading individual MCQs, if you feel that the answer is coming to your mind immediately, then tick it with a small pencil. If you feel it is a bit risky. Even if you don't do it, at least you will know that yes, you have done this overview MCQ. As soon as your paper 10 starts, you should quickly write the answers of that MCQ and if you are able to solve it properly then check it a little. Then read the case based MCQs. After reading the case based MCQs, decide whether you find them easy or tough. If they seem easy or suppose one seems easy and the other seems tough, then understand whether the easy one should be done first or the tough one should be done at the end. If both seem tough then keep them for the end. Did you understand what I said? So, you have to take an overview of the entire paper, brother, in 15 minutes it is not that I only see MCQs or only descriptive, I have to see the entire paper but I have to see it in a fast manner so that later when I get the copy at 2:00, then time is not wasted in thinking about what I have to do and when, my mind is sorted that I have to do things like this, okay let's come now sir, what do you have to keep in mind at the time of paper writing, please pay attention brother, if your presentation is average and your speed is optimum, it is much better than beautiful presentation with slow speed. You are presenting very well, setting a very good table, drawing a very good line with wine. It is better than this, brother, to keep the presentation average but keep the speed optimum. And I am not talking maximum here. I am saying optimum. Do n't keep too much speed. Don't run Calci like this.

[00:20:23]Crazy people like you don't trust your own calculations.

[00:20:25]Maintain such speed that you are confident about the value coming out after solving it in the calculator in one go.

[00:20:29]If after doing it at a very high speed you feel that oh I drove the car very fast. Let me check it one more time. So what does that mean? Doing the work twice which could have been done in one go will take more time anyway. So, even in Calcy, maintain such speed that you have confidence in yourself that yes, I have done the right thing. Ok?

[00:20:48]Let's go next [nasal sound] we have to create tables, columns etc. in a lot of places in the costing paper.

[00:20:54]So you can fold the pages to create columns.

[00:20:57]You don't have to draw lines.

[00:20:59]Yes, where your question is completely format based, if you feel that it is necessary to draw a line then it is a different matter. But where it can be managed without creating a line. So brother instead of making the lines fold the pages.

[00:21:08]So you will get a ruler. Now keep a blank line after every row. There are many roses. Keep leaving the line after every cry. Complete the entire paper leaving one line at a time. Brother, you paid the full amount for the exam form. No one will stop you from taking a copy.

[00:21:21]Do it by skipping one line at a time. And if there is any missing information, you can add it later brother. Next watch After Every 45 Minutes There are four portions of 45 minutes each. Consider that your 3 hours are divided into four parts of 45 minutes each.

[00:21:36]So after every 45 minutes, like if it starts at 2:00, then keep one thing in mind that at 2:45 I will stop for 1 minute. I will wait for 1 minute and review whether I am maintaining the correct speed? Is there a need to increase it? Is it not that what I had thought got messed up when I questioned it?

[00:21:51]So whatever you say, your strategy should be adaptable.

[00:21:56]So when to adopt?

[00:21:59]If you need to re- strategize every 45 minutes depending on the situation, you can quickly change your policy, your opinion, or your plan in just 1 minute if needed.

[00:22:07]Ok? But this should not be done again and again.

[00:22:10]Four parts is enough. Ok?

[00:22:13]Prefer the case based MCQs at the end.

[00:22:15]As I told you, if you do that later, you will have less time, then you will be able to do something or the other, otherwise you will not be able to do it. Ok? Now you have to get OMR sheet for your MCQ. Usually, when we fill MCQs at CA Foundation level, the circles that have to be filled in the OMR sheet have to be done with a pencil. And in the OMR sheet, where there are boxes, where the roll number etc. has to be written, it has to be written with a pen, a black pen.

[00:22:37]So the same thing must be happening in Intermediate also. If there are any children from Group One in the live chat, then please reply to the rest of the people and tell them that the pen is in the box and the pencil is in the circle. It is like that or it is not. If there is anything else, please tell me friend.

[00:22:50]Leaving aside some of the important things, there will be discussions about pencil pencil pencil in the live chat.

[00:22:53]I don't want people to talk nonsense.

[00:22:55]Ok? Come on brother, now I am going to give you some confidence booster problems.

[00:23:02]I want to make you realize that easy questions can be found if you search inside the paper.

[00:23:06]But you will have to find it. Ok? Now let me clarify again. Please do not do unnecessary repetition.

[00:23:20]Circle pencil boxes black pens. Ok? Let us go.

[00:23:30]Now if anyone is confused about where is the pencil and where is it? So brother, I bow to you.

[00:23:35]Take a pencil and a pen as well.

[00:23:38]And once the OMR comes, instructions are written in it. If you know how to read English, then read that.

[00:23:44]Follow the instructions as written brother. Don't waste time on all these things right now.

[00:23:47]Ok? Brother, you should take a pen and a pencil there too. It is not that if I tell you to take a pencil then you will not take a pen.

[00:23:54]I told you that you will not take a pen or pencil.

[00:23:55]Brother, take both of them and when you get the OMR, check once, brother, what instructions are written there?

[00:24:02]Fill it as per the instructions brother. If you don't understand, ask the invigilator, brother. Will work.

[00:24:06]Confidence booster problems come into play. Let us go.

[00:24:12]Hey, are you ready brother? Yes sir. Sir with positive attitude with full positive mindset sir we will do these two questions and make ourselves more positive. So once again all the kids please confirm me in the live chat.

[00:24:24]How's the Josh everyone? How are you guys? And are you ready to burst today? Along with saying yes and no and showing your enthusiasm, also write the name of your city. Let us see from which corners of India people have joined us this morning on the day of costing paper. Yes yes yes. Let's go sir. very nice. Super super duper hit this thing this thing this thing let's go let's go let's go Santosh o josh hai hi superb so Chhatrapati Sambhaji Nagar Vadodara Ballari Kanpur & Bengaluru Nagpur Meerut Sikkim Bhopal Mumbai Tamil Nadu Surat Haryana Indore Pune Rajkot Jabalpur Nadiad and or what a thing Bareilly Jamagar Nagar, Thane, Surat, Jalgaon, Andhra Pradesh, Sikkim, Sirohi, Jamagar, Punjab, Jhunjhunu, Ahmedabad, Gorakhpur, City of Yogi Baba, Dobbali, Nashik, Raipur. Super super super. Very nice fantastic. Come brother.

[00:25:28]So, here we have Case Scenario MCQs. Let me tell you again. Do not start reading directly in Case Scenario MCQs.

[00:25:34]Go for MCQs first. So we have said here on the overheads absorption rate on R S traditional costing method.

[00:25:43]So after looking at the question I understood that I have to find the absorption rate from the traditional approach. What is the full cost per unit of product? Why under traditional method. Ok sir. Under Activity Based Costing System, What is the Cost Driver Rate of Machine Setup Cost? I understood. I want to calculate the activity based rate. The cost driver rate is to calculate the machine setup cost. Under Activity Base Costing system, what amount of overheads has been allocated to the machine running of the product x, so how much cost of machine running activity has been distributed to product x as per ABC and what is the total cost of product z as per ABC method, so after reading the question, it has been understood that the question is from ABC chapter and what small things have been asked.

[00:26:28]Okay sir, now I will read the question. ABC Company manufactures three products. Similar type of material is used. The same material is being used to make all three. The company was using traditional methods till now.

[00:26:39]Direct labor hours was our basis for absorption. Come on brother, this is something useful.

[00:26:43]And the cost accountant has suggested that we apply the ABC system. Now they have given you the units of how many units of all three products have been made.

[00:26:51]Gave the unit on material.

[00:26:53]Unit per labour hour. Now as soon as I saw, my brother, that I was given the unit per labor R and the number of units and I knew that I had to calculate the absorption rate using the traditional approach. So I'll do this * this, I'll do this into this, I'll do this into this, then I'll get the total labor hours budgeted and I'll divide my budgeted overheads by that. So before I proceed further I have given the budgeted overheads I saw.

[00:27:15]Sir, if this is the cost of these four activities.

[00:27:17]Do you also know that total overheads are divided activity wise within ABC. So let me total the cost of these four activities once.

[00:27:25]Come on brother 49000 + 64128 + 52050 + 46460 Sir this is coming 21638 21638 my overheads are coming. So I removed the overheads from here first.

[00:27:44]Now what I have to do is divide the overheads with the total labour hours as per the absorption system, that is, the traditional absorption system.

[00:27:52]So I do one thing, I calculate the labour hours.

[00:27:57]Labor Hours Total Now See how will the labor hours total be calculated? So I will say Sir, 16000 units *1 means 1600 labour hours, 17000 *15 *15 this becomes 2550 and 15000 units *2 this becomes 3000, let me add all three. Am. I will get the total labour ask 1600 2550 + 3000 Sir this is coming to 7150 That's it brother now I know my first MCQ can come out to be 21638 This is the budgeted overheads divided by 7150 on the basis of absorption so 21638 / 7150 the answer is coming to 29.599 this is the option Sir why are you not doing the complete question? They will take it out in the end, not everything, brother, this is the approach that I want to teach you. Whatever I told you, now I am demonstrating to you what the approach should be in your case scenario. Then I moved ahead brother, the labour hours are given, the unit on machine hours is given to me, the number of production will become my driver, the number of purchase order will become its driver, your machine hours will become its driver, the cost of this is already given there, the cost driver and the number of orders for delivery cost will become your driver, very good, the price of raw material is given, the rate of labour is given. That's all I've given. So the data is not very much. It's a good thing. I'll go straight to MCQ number two. I am asking you to tell me the full cost per unit of product Y using the traditional absorption costing method. So you have already calculated the recovery rate of traditional per hour.

[00:29:33]You have to calculate the full cost of y.

[00:29:36]So how much money is spent in making y? Look, you have to take out the unit at full cost.

[00:29:40]So how much is the unit spent on direct material? I remove that while making y.

[00:29:44]So sir, the unit cost per direct material for making y is 4 kg. Hey sir, this is given in kg, no problem son, you have been given the rate also, 4 kg @ rate of two ₹8 worth of material will be required. Direct labour sir, direct labour will be required with us. Labour labour labour. 15 labour is required to make y sir, but this is the number of hours, no problem, Badu. You have also been given the wage rate, 20, so 15 * 20, so you will multiply 15 by 20.

[00:30:14]Here you have three. ok sir.

[00:30:17]So direct material done, direct labor done. Direct expenses were not given at all. So this ₹11 will be our prime cost.

[00:30:22]Now we add factory overheads to this. So the overheads given to us are 29.599 and R and this is taking you 0.15 hours.

[00:30:32]Understand? It takes 0.1915 hours to produce one unit of Y.

[00:30:34]So 29.599 * 15 so this comes to 4.43 something 1.43985 let's add all these.

[00:30:49]15.439 is coming. So the nearest option became 15.44.

[00:30:53]Some students will think that Sir, you have taken only one in overhead, just that machine production run, all that. Hey brother, it is a traditional method, so you will have to be a little aware and be attentive while solving the question. I enjoyed it and my heart became a garden. Let's go to the third MCQ.

[00:31:08]Tell me according to ABC. What is the cost driver rate for machine setup? So I asked where is the machine setup? Sir, here is the machine setup. The cost is Rs 49,000. How much is 49,000 production runs? Here are the production lines. Add up the total of all three, brother. So the total of all three will be 50 + 65 + 60, the total of all three is coming to 175.

[00:31:28]So here I divided 175. So per production run I found out the cost.

[00:31:35]That is 280 runs. Is it in the option? Runs at 280. Sir, here is 280 activity base costing. Ok? Let's see how much overheads will you allocate to activity x? Which one? The running one.

[00:31:51]So first let me find out the rate of the running one.

[00:31:53]Brother, here is the machine running item. I will find out its rate. This will require machine hours. So let's take machine hours brother. How will you calculate machine hours? Sir, out of all the units made, how many machine hours did it take to make 1 unit?

[00:32:07]16000 * 8 8000 + 17000 * 7 so yours will be 11900 now you understand I could have calculated the total by doing memory plus but I am deliberately calculating it product wise because this date will be useful for me in allocating later are you able to understand smartly 17000 * 7 this becomes 11900 15000 * 9 this becomes 13500 let's total these three machine today 8000 + 11900 + 13500 this comes to 33400 now this 33400 machine will be divided from here then your machine rate will come out 64128 / 33400 the rate is coming to 1.92 per machine now in making product Y I am talking about Y talking about Z in fourth MCQ I am talking about X how many machine hours are required to make X brother sir machine hours to make X We have a total cost of 8000, so multiply 8000 by 1.92, then how much will you allocate for running the machine, 8000 * 1.9, if you want you can divide it in the ratio also, it is not a big deal. Instead of calculating the rate, if we had divided this cost in the ratio of the machine, then we would have known that 15 360 is coming here.

[00:33:32]Now these four MCQs came quickly without doing any length calculations. Isn't it?

[00:33:38]We did not do any length calculations. Now it is saying calculate the total cost of Z using ABC method on S. Now suppose if you were doing this case based MCQ at the end, then it would take a little more time to solve this fifth MCQ.

[00:33:49]But you would have cleared four MCQs and if you had cleared four MCQs then brother, your eight marks would have been secured. Did it take much time? Didn't you feel it? Are you able to realize it? Can you understand what I am saying? Brother, if you have less time in case based MCQs then you will be able to do something or the other.

[00:34:04]In descriptive, it has to be done in full writing. That cannot be done in a short time. That's why I told you to keep it for last. Let us go.

[00:34:12]So here sir, I will have to first take direct material and direct labour of z. So what will be Z's direct material and direct labor? 15000 * 5 15 5 75000 kg at ₹2. So I do this thing with Cal. 15,000 units are made at a cost of 5 kg and 1 kg at ₹2. The total metal cost became ₹1.5 lakh.

[00:34:38]This is how labor cost is calculated. Sir, it takes us 2 labor hours to make Z.

[00:34:44]So 15000 units * 2 labor R means 3000 labor R at the wage rate of 20, so brother, I got 60.

[00:34:56]This became the prime cost. What will happen now?

[00:34:59]We will have to share the cost of all our activities.

[00:35:01]So first of all I said that your setup cost of Rs 49,000 is being distributed according to the production run. So there's an activity rate of 280 and how many production runs are it taking to make your Z? 60 So I multiply 280 by 60. So 280 * 60 I am writing directly is 16,800. I am not writing the name. I am not writing anything. I am writing directly 16,800. This is how I divided the cost of the first activity. The second activity I have is a machine whose rate is 1.92 and I also know the machine hours of Z which is 13500, so 13500 * 1.92 25920 becomes the cost of my second activity.

[00:35:39]Now the third activity that comes to me is purchase cost. And on what basis should the purchase cost be shared with me? Purchase Order. So do one thing brother. You will calculate all the rates and then multiply them. Better yet, tell me how much is going into Z in proportion to the number of purchase orders? So 5 + 10 + 15 means total 30 orders. So if the cost is Rs 52050 for 30 orders, then tell me what will be the cost for 15 orders? 26025 So here I added 26025, so this will have to work a little smartly.

[00:36:08]After that, the cost of ordering and delivery cost is a driver of order shipping, so 25 + 35 + 32 total number of orders is 92, so what should I do? I divide 46460 by 92 and multiply it by 32. So my cost came to Rs 16160 because it is MCQ and there is no presentation, so brother, time should be saved. How will he survive? This is the only way to save yourself.

[00:36:38]Sir this is coming 294905.

[00:36:41]With that we have finished question number five.

[00:36:47]Now as I say, brother, you should solve the easy questions first. But sir, where do the easy questions come in the paper? That you should also read Question 2 of January 25.

[00:36:57]You yourself will say, hey, not number five, you should have got number two. Many times, some questions in the descriptive section carry more marks than the marks you qualify for and are also easy.

[00:37:06]This is one of them. Look brother, he is a skilled worker who has been assigned a task.

[00:37:12]He was told that brother, you will get payment at the rate of 25 per hour.

[00:37:15]Time allowed means we gave him standard hours of 9 hours. The actual time taken is 6 hours. We gave him the option that brother, you can either choose from Health or Rowan. So you are required to calculate the earnings under both the plans and which plan is more beneficial for the worker. So what should I do brother? Because this is a descriptive question. So I will not do anything baseless. I will do both calculations. First I will write about earnings under Halsey plan. Then I will write about earnings under Rowan Plan. I will calculate the total earnings and then in the end I will write a comment that brother, which earning method should be applied which will be beneficial for our workers.

[00:37:53]Ok? So let's write it here. Let's practice a little, friend.

[00:37:58]Earnings under health from.

[00:38:05]If you want to use abbreviations, then first of all, before starting the question, write it like this, brother time rate TR = this standard means time allowed SA = 9, while solving such questions, write it in the beginning. ah means time taken ah = 6 what will happen with this? Once you have defined this in the beginning of your question. Now you can enter formulas here, enter values ​​here, you can use shortcuts everywhere.

[00:38:32]So you said there is a plan from hell, then brother the earning will be Actual r * Time Rate plus Bonus will come Standard r - Actual r means Time Saved or you can also directly write Time Saved, if you do not want to do it like this then you could have taken out Time Saved there in the beginning and said that brother 9 hours work has been done in 6 hours, so 3 hours were saved and then you could have written Time Saved * 50% * Time Rate, so we have taken Actual Hours, here we have been given 6 hours as rate, 25 time is set, 3 hours * 50% * Time Rate is 25, now we have solved this entire part in the calculator, so keep this thing in mind in the presentation also that brother, if things are being used in abbreviations, then you should explain the abbreviation first.

[00:39:21]But if the question of standard costing comes, it is a standard question. If the question of standard costing arises, then in such a case I would tell you that you have to use the shortcut directly. You do n't even need to explain it to him. Ok? So you are required to calculate the earnings under both plans. I have calculated these earnings.

[00:39:39]Brother, I have not been asked about my hourly earnings. So why would I calculate effective earnings?

[00:39:43]What is the formula for earning under Ro1 Ro1 sir? Sir, the basic earning will remain the same. You will get bonus on Actual R * Time rate Time saved up to Standard R * Actual R * Time rate So Actual R becomes again 6 hours at the rate of 25 plus your time saved was 3 hours Standard R was your how much 9 * Actual R 6 * Time rate 25 So here you are getting 3 / 9 * 6 * 25 m + 6 * 25 M + ₹ 200 Now you just write the comment directly. I answered in the manner in which it was asked.

[00:40:25]V plan is more beneficial for workers? So I would say that Rowan Plan is more beneficial for workers.

[00:40:35]Sir, I don't understand where to start with the question.

[00:40:37]So read on the requirement again and again.

[00:40:38]And try to reverse that to remove it. This is what is needed to remove it.

[00:40:43]This is what it takes to want this.

[00:40:45]Like that. To think in reverse like this.

[00:40:46]If it's not clicking, that's fine. The screen froze. I don't know how I got free.

[00:41:25]Yes brother, in this way we completed two MCQs brother. I hope that if you tell me, I mean tell me genuinely, I told you both the questions of the paper. What do you feel after seeing these questions? Do you think you can make things happen?

[00:41:38]Meaning, questions come on the basis of what you have studied. I am not saying that all the questions have come like this. But I am saying that you can find such questions inside the paper, right? It is not that such questions do not come at all. Are you understanding what I am saying? What do I want to say? Please brother, be a little positive about this thing and understand that whatever things you know, you have to do them very well first.

[00:42:00]You have to keep this objective in mind that the things which you know very well, you have to do them first. Ok?

[00:42:16]Come on brother. Brother, the screen went on and this is our answer 187.5, look at this 200 format, now you either introduce the shortcut in the beginning as I did, yes sir, either we introduce the shortcut in the beginning or you see what those people have done, while applying the formula, they have written the full name, they have not used the shortcut, then they have written the full formula, time taken, time rate, everything, so if you want to do this then do it like this brother, okay, Roman plan is more beneficial for the worker because more earning is coming in it. Come on brother, now we have reached the end of the session.

[00:42:51]I have come to bid you all goodbye now. Let me repeat one thing once again for you people. You are going to get two things, three things in fact.

[00:42:57]Firstly, I had already uploaded the PDF of the formula in the Telegram channel. I will post it again tonight.

[00:43:03]Ah, apart from this, I will put the link of the playlist of exam day capsule shots which you will scroll through after reaching the centre.

[00:43:11]Apart from this, brother, see the QR of this Twitter channel and from here you have to access that channel and I had mentioned theory charts, so I will upload the PDF of the theory chart of Chapter One so that if nothing else, at least you can do that much and go, okay, look at the motivation brother, this is not a matter of a short time.

[00:43:34]You were busy with all these things for a long time and one day or one and a half day or two days is not the deciding factor. Your understanding is your deciding factor.

[00:43:44]You have understood the concept.

[00:43:47]You have asked a sufficient level of questions.

[00:43:50]Then even if you have not been able to do a lot of PYQ, a lot of RDP, MTP, brother, leave all that. No one knows whether doing all that will make a difference or not.

[00:43:57]But if the understanding is good, the concept is good, then even if the question comes in a twisted manner, you can do it. So you just have to play a little smart game. Do n't fall into the trap of doing the 60-70% easy questions first. If you feel positive then you will be able to do something better even in the things that are not being done. Get down with this mindset.

[00:44:19]I have already told you about the rest of the blessings. It has also been told that you have that capability. You just need to recognize yourself. Yes everyone. Ok.

[00:44:29]No, not arrows, swords, not bullets, you yourself are your army, you are the team, you are the team, let this storm grab hold of the strings, be arrogant, let us defeat you today, let us defeat you today, so do not be afraid, hold your head high, have confidence in yourself, have faith in the hard work of so many months, have faith in the blessings of your parents and have complete faith in the hard work you have done with yourself and your teachers, fight brother, get involved, I know you are going to give your best, I do not have even one % doubt, just have this 100% faith in yourself, 100% confidence, okay everyone, yes, so trust yourself, it is your time and you are going to do your best, you are not dependent on any luck, you are not dependent on the mercy of anyone, you are dependent on your efforts, your hard work is such that you will do so much that no matter how tough the paper is, no one can stop you from passing and you will definitely do so much that four or five Even if there are 10 marks more or less, it will not make any difference in passing brother, I will do it so well sir, I will not be scared of these small things, what a great thing, it was great, I had a lot of fun brother [sound of clearing throat] you can stay connected with me later on social media as well, Instagram, till now I do not teach in CA final but I am planning to start SPOM costing very soon and if overall costing also comes in the final then I will definitely take it. Ok? So till then you can stay connected with me socially on Instagram and Telegram. Today, when your paper is over and you feel like sharing how your paper went, then please do not waste your time and concentrate on the next paper. Whatever your feelings are, just message me. Ok?

[00:46:16]Calling a friend, brother, how was that question about your address? That's what happened to me. Do n't waste time on that. Go and rest and be started for audit. ok sir. So there are going to be marathons of audits on this YouTube channel as well.

[00:46:26]And you are going to enjoy it.

[00:46:29]All the best. Take care. Do your best.

[00:46:32]Bye-bye see you. I hope this is your last lecture on costing. You don't have to study costing. Next time. That's my wish.

[00:46:41]Bye-bye. See you.

[00:46:42][nasal sound]