The book on “Cost Accounting” is tailor-made to meet the requirements of contents of the new syllabi of B.Com., Vth Semester of all the Universities in Andhra Pradesh and lays particular emphasis on the fundamentals of Cost Accounting, Elements of Cost, Methods and Techniques of Costing.
As earnest and sincere attempt is made to present the information in a non-technical, simple and lucid manner so as to enable the reader to understand the subject with ease.
The book contains sufficiently a large number of illustrations for a better grasp in the subject matter. Wherever necessary, working notes and explanations have been provided. At the end of each chapter, questions and problems are given for practice.
Contents –
Unit I : Introduction
1. Introduction
Unit II : Elements of Cost
2. Materials Cost
3. Pricing of Material Issues
Unit III : Labour and Overheads
4. Labour Cost
5. Methods of Remunerating Labour
6. Overheads
7. Re-Apportionment and Absorption of Overheads
Unit IV : Methods of Costing
8. Job Costing
9. Contract Costing
10. Process Costing
Unit V : Costing Techniques
11. Marginal Costing
12. Standard Costing
13. Material Variances
14. Labour Variances
15. Overhead Variances
16. Sales Variances and Control Ratios