[jamusuf]

Thanks. Somehow I just couldnt get the rate inspite of knowing the formula.

[jamusuf]

Also did anyone get labour efficiency variance at 22806 adverse in section B.

[jamusuf]

Can you tell me what did you get the ans for learning rate for section B ?

[jamusuf]

Section C – joint probability and which source of finance to use to raise capital was easy. The mcqs were really tricky and confusing. I too hope i clear this exam.

[jamusuf]

@mkwalters are u sure about lease ? Isn’t the interest on the lease to be expenses as well ?

[jamusuf]

Dr is expense where as Cr ll be income so therefore 100cr @kanchan

[jamusuf]

The ans for not for profit is 2&4 i think cause they are allowed to make surplus. ND yes d was the right ans for the first one.

[jamusuf]

Ya its ok @Rajina. I actually got the ans as 154000. But did guess work ND selected 144000. Still couldn’t figure out where was I wrong.

[jamusuf]

What was ans for COS ??? 144000 ?

[jamusuf]

Even I selected operating profit @ rajina nd even for the first question selected D.

[jamusuf]

Yes goes to p&l.

[jamusuf]

Ya I suppose 1.9 is the right ans.

[jamusuf]

No there was pref share. Not debentures. And what about that govt. Grant question ? Was it 1.8m ?

[jamusuf]

Goodwill was 17996.

[jamusuf]

Yes. It was.

[jamusuf]

Issue cost ??? Anyone ?

[jamusuf]

Revaluation nd depreciation @lola

[jamusuf]

Its 100 cr. Goodwill wasn’t negative. Can anyone pls tell me how do v account for issuing cost of equity share ????

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