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Unit 1 Job and Batch Costing {Book} |
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| Job Costing: Meaning, prerequisites, Job costing procedures, Features, objectives, applications, advantages and disadvantages of Job costing | VIEW |
| Batch Costing Meaning, Advantages, Disadvantages | VIEW |
| Determination of economic Batch Quantity | VIEW |
| Comparison between Job and Batch Costing | VIEW |
| Unit 2 Process costing {Book} | |
| Introduction, meaning and definition, Features of Process Costing | VIEW |
| Comparison between Job costing and Process Costing | VIEW |
| Applications, Advantages and Disadvantages of Process Costing | VIEW |
| Treatment of normal loss, Abnormal loss and Abnormal gain | VIEW |
| Rejects and Rectification – Joint and by-products costing problems under reverse cost method | VIEW |
| Unit 3 Contract Costing {Book} | |
| Meaning, Features, Applications of Contract costing | VIEW |
| Similarities and Dissimilarities between Job and Contract costing | VIEW |
| Procedure of Contract costing | VIEW |
| Profit on incomplete contracts | VIEW |
| Unit 4 Operating Costing {Book} | |
| Introduction, Meaning and application of Operating Costing | VIEW |
| Power house costing or Boiler house costing | VIEW |
| Canteen or Hotel costing | VIEW |
| Hospital costing and Transport Costing, Problems | VIEW |
| Unit 5 Output Costing {Book} | |
| One Operation (Unit or Output) Costing | VIEW |
| Collection of Costs | VIEW |
| Tenders or Quotations | VIEW |
| Treatment of Scrap | VIEW |
| Production Account | VIEW |
| Difference between a Production Account and a Cost Sheet | VIEW |
2 thoughts on “Costing Methods”