Costing Methods and Techniques Bangalore North University BCOM SEP 2024-25 5th Semester Notes

Unit 1
Contract Costing, Meaning, Features and Applications VIEW
Preparation of Contract Accounts VIEW
Treatment of Profit on Incomplete Contracts VIEW
Unit 2
Process Costing, Meaning, Features, Advantages, Disadvantages and Applications VIEW
Treatment of Process Losses and Gains in Cost Accounts VIEW
Preparation of Process Accounts (including Abnormal Gains and Losses) VIEW
Joint Products VIEW
By-Products VIEW
Unit 3
Service Costing: Meaning, Features, Application VIEW
Cost Units for Different Service Sectors VIEW
Preparation of Operation Cost Sheet, Transport Sector (Computation of Per Passenger Kilometer and Per Ton Kilometer) VIEW
Contract Costing, Process Costing and Service Costing: A Comparison VIEW
Unit 4
Marginal Cost VIEW
Marginal Costing: Meaning, Definition and Features VIEW
Concepts:
P/V Ratio VIEW
BEP VIEW
Margin of Safety VIEW
Angle of Incidence VIEW
Break-Even Analysis: Assumptions, Uses and Break-Even Chart VIEW
CVP Analysis VIEW
Unit 5  
Strategic Cost Management Techniques VIEW
Target Costing VIEW
Activity-Based Costing VIEW
Life Cycle Costing VIEW
Throughput Accounting VIEW
Kaizen Costing VIEW
Technological Integration:  
AI and Automation (Predictive Cost Analytics) VIEW
Automated Expense Management VIEW
Robotic Process Automation (RPA) VIEW
Real-time Cost Monitoring Value VIEW
Operational Shifts: Remote Work Expenses, Agile Accounting VIEW

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