CA INTER || Costing (CMA) || Basic Cost Sheet || Lecture 2 || Introduction

"""Welcome to the world of costing.
Costing (along with FM) are the only subjects that will help you to do the business. Our attempt since 22 years is to give you the best concept not only to get good marks but help in managing your own business or someone else business.
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In this video, we have covered basic of Full Cost Sheet, Difference ween Cost Sheet & Manufacturing Trading Account along with Q1.
Timelines:
Details of Cost Sheet: 00:18:58
Q1: 00:39:00
Valuation of stock as per 3 methods in Q1: 01:17:00
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[@ramkishore3763]

Dear Anuj sir,
I am writing to inform you that I have successfully passed the SCPM exam with a score of 88 marks. I would like to express my sincere gratitude for your invaluable guidance and the exceptional clarity you provided in explaining each MCQ concept.
Your expertise and dedication have been instrumental in my success, and I am truly grateful for the opportunity to have learned from you.
Thank you once again for your support and mentorship.🙏

[@costingworld]

Thank you so much for appreciating our content and efforts. I feel satisfied that I could be play a small part in your journey to become a CA.
Being from old school.of thought, I do not advertise anywhere about my education. It is against my ethics. Hence would request you to give a honest feedback about our content on Google. This helps us to reach mmore students. Our link is
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[@anujjain8359]

Sir yadi assume karlo ki question main opening wip ki units 100 hai aur uska percentage of completion last year 60% tha aur uski cost ₹900 thi to sir per unit ke column ke liye hum ₹900 ko 100 units se divide karenge ya fir 60 equivalent units se.......same with closing wip....pls tell sir....i have read process costing thats why this doubt comes in my mind

[@costingworld]

We divide by equivalent units and that we do in process costing also.

[@costingworld]

Although in cost sheet we might not be able to do it.. as u r assuming that stage completion is uniform for material labour and overheads although it may not be.

[@anujjain8359]

Thank u very much sir ...