Hi B.Com. Students, I am sharing B.Com. Third Year subject - Cost Accounting notes, book for Hindi medium students. Cost Accounting is mostly taught as part of the B.Com. 3rd Year course and these Hindi medium PDF lecture notes will help prepare well for your BCom semester exams.
The major topics covered in these Hindi Medium B.Com. Third Year lecture notes and Book of Cost Accounting are:
The major topics covered in these Hindi Medium B.Com. Third Year lecture notes and Book of Cost Accounting are:
- Introduction: Nature and scope of cost accounting , Cost concepts and classification, methods and techniques, Installation of costing system Concept of cost audit.
- Accounting for material: Material control, Concept and techniques, pricing of material issues Treatment of material losses.
- Accounting for labour: Labour cost control procedure, labour turnover, idle time and overtime; Methods of wage payment time and piece rates; incentive schemes.
- Accounting for overheads: Classification and departmentalization; absorption of overheads; Determination of overhead rates: Under and over absorption, and its treatment.
- Cost Ascertainment: Unit costing; Job, batch and contract costing operating costing; Process costing including inter process profits and excluding equivalent production and joint and by-products.
- Cost Records: Integral and non-integral system ; reconciliation of cost and financial accounts.
- Standard Costing and variance analysis: Material and labour variances only; Budgetary control Marginal costing and break-even-analysis.