Chp13.

Standard Costing
Chp14. Marginal Costing
Chp15. Budget
Theory Notes

Theory Series for Costing | CA Inter | CAPRANAV

Past Year Exam Questions
PYQs

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2022 May – Q6 d

.The following are some of the criticism which may be leveled against the standard costing system.
(i) Variation in price: One of the chief problem faced in the operation of the standard costing system is the precise
estimation of likely prices or rate to be paid. The variability of prices is so great that even actual prices are not necessarily
adequately representative of cost.
(ii) Varying levels of output: If the standard level of output set for pre-determination of standard costs is not achieved,
the standard costs are said to be not realised. However, the statement that the capacity utilisation cannot be precisely
estimated for absorption of overheads may be true only in some industries of jobbing type.
(iii) Changing standard of technology: In case of industries that have frequent technological changes affecting the
conditions of production, standard costing may not be suitable.
(iv) Attitude of technical people: Technical people are accustomed to think of standards as physical standards and,
therefore, they will be misled by standard costs.
(v) Mix of products: Standard costing presupposes a pre-determined combination of products both in variety and
quantity. Theory Series for Costing | CA Inter | CAPRANAV
PYQ – 2021 Dec – Q6 c

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2021 Dec – Q6 d

Theory Series for Costing | CA Inter | CAPRANAV

Theory Series for Costing | CA Inter | CAPRANAV
PYQ – 2021 Jul – Q6 b

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2021 Jul – Q6 b

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2021 Jan – Q6 b

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2021 Jan – Q6 b

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2021 Jan – Q6 b

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2020 Nov – Q6 b

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2020 Nov – Q6 b

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2020 Nov – Q6 e

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2020 Nov – Q6 e

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2019 Nov – Q6 e

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2019 Nov – Q6 e

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2019 May – Q6 b

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2019 May – Q6 b

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2019 May – Q6 e

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2019 May – Q6 e

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2019 May – Q6 e

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2018 Nov – Q6 e

Theory Series for Costing | CA Inter | CAPRANAV

PYQ – 2018 May – Q6 c

Theory Series for Costing | CA Inter | CAPRANAV

Mock Test Papers
MTPs

Theory Series for Costing | CA Inter | CAPRANAV

MTP – 2022 Apr – Q6e

Theory Series for Costing | CA Inter | CAPRANAV

MTP – 2021 Nov – Q6d

Theory Series for Costing | CA Inter | CAPRANAV

MTP – 2021 Nov – Q6c

Theory Series for Costing | CA Inter | CAPRANAV

MTP – 2021 Mar – Q6c

Theory Series for Costing | CA Inter | CAPRANAV

MTP – 2021 Apr – Q6 c

Theory Series for Costing | CA Inter | CAPRANAV

MTP – 2021 Apr – Q6 c

Theory Series for Costing | CA Inter | CAPRANAV

MTP – 2021 Apr – Q6 d

Theory Series for Costing | CA Inter | CAPRANAV

MTP – 2020 Oct – Q6 e

Theory Series for Costing | CA Inter | CAPRANAV

MTP – 2020 Oct – Q6 e

Theory Series for Costing | CA Inter | CAPRANAV

MTP – 2020 May – Q6 b

Theory Series for Costing | CA Inter | CAPRANAV

MTP – 2020 May – Q6 b

Theory Series for Costing | CA Inter | CAPRANAV

MTP – 2019 Apr – Q6 d

Theory Series for Costing | CA Inter | CAPRANAV

MTP – 2018 Aug – Q6 c

Theory Series for Costing | CA Inter | CAPRANAV

MTP – 2018 Aug – Q6 c

Theory Series for Costing | CA Inter | CAPRANAV

Revision Test Papers

Theory Series for Costing | CA Inter | CAPRANAV

RTP – 2021 May – Q13 d

Theory Series for Costing | CA Inter | CAPRANAV

RTP – 2021 May – Q13 d

Theory Series for Costing | CA Inter | CAPRANAV

RTP – 2020 Nov – Q15 c

Theory Series for Costing | CA Inter | CAPRANAV

RTP – 2020 Nov – Q15 c

Theory Series for Costing | CA Inter | CAPRANAV

RTP – 2019 Nov – Q15 ii

Theory Series for Costing | CA Inter | CAPRANAV

RTP – 2019 Nov – Q15 ii

Theory Series for Costing | CA Inter | CAPRANAV

RTP – 2018 May – Q15 iii

Theory Series for Costing | CA Inter | CAPRANAV

RTP – 2018 May – Q15 iii

Theory Series for Costing | CA Inter | CAPRANAV