I am pleased to present this Cost Control Techniques for B.Com., V Semester of Andhra Pradesh University. Infact, an encouraging response to my Cost Accounting for B.Com., V Semester has motivated me to take up this project. I feel grateful to teachers and students of this course for their liking and appreciation of my presentation of the subject in a simple and logical way. This book is an attempt to provide the students with thorough understanding of the cost management techniques. The subject matter has been presented in a systematic and intelligible manner with liberal use of numerical illustrations, charts and diagrams so as to make it interesting and sustain readers’ interest.
The book has been divided into six chapters as per the syllabus. Based on the conviction that students can really learn Cost Control Techniques by solving problems, the theory and problems approach has been adopted to fully meet all the examination needs of the students in this volume. Thus apart from well organised theory, this book has sufficient number of solved problems and illustrations and unsolved problems with answers and hints, apart from short answer questions and selected theory questions. This will help students tackle examination questions with ease. The theory questions, practical problems and illustrations have been mostly selected from B.Com. and BBA, Andhra Pradesh and other leading Indian universities.
Contents –
1. Introduction-Nature and Scope (Cost Control, Cost Reduction and Cost Audit)
2. Activity Based Costing (ABC)
3. Cost-Volume-Prof it Analysis (Break-even Analysis)
4. Application of Marginal (Variable) Costing
5. Standard Costing and Variance Analysis
6. Modern Techniques (Kaizen Costing, Learning Curve Analysis)
