This book is divided into fifteen chapter. It explains the various problem solving techniques and methods in a precise and lucid manner. It is presented in a user-friendly format and is essentially meant to serve as a self-tutor. The special features of this book are as follows:
– The formulae are given in the beginning of the book for ready reference.
– More than 700 problems are included to suit the requirements of various categories of users.
– The problems are graded according to difficulty level.
– Typical points of the solved problems are identified in the beginning of each problem for easy reference and quick revision.
– Uniformity in solving the problems has been adopted to avoid confusion.
– Comprehensive working notes are a part of each solution for easy and proper understanding.
– Tutorial notes are given to explain additional points.
– Latest problems of B.Com., B.Com. Hons., B.B.A., M.Com., M.B.A., I.C.W.A., C.S. and other professional examinations are included to help the students in assessing the rend of examination.
– Solved problems of C.A., C.S., and I.C.W.A. of last 12 years are included to enable the students to prepare thoroughly for these professional courses.
Contents –
1. Basic Concepts : Units of Cost and Method of Costing
2. Material Cost and Control
3. Labour Cost and Control
4. Overheads
5. Unit (or Output) Costing [Cost Sheet]
6. Job, Batch and Contract Costing
7. Service Costing / Operation Costing
8. Process Costing
9. Joint Products and By-Products
10. Marginal Costing and Break-Even Analysis
11. Short-Term Decision-Marking
12. Budgeting and Budgetary Control
13. Standard Costing
14. Cost Control and Integrated Accounts
15. Reconciliation of Cost and Financial Accounts
