Costing Methods BU B.com Old Syllabus Notes
27/09/2022|
Unit 1 Costing methods [Book] |
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| Costing methods Meaning | VIEW | |
| Costing methods Importance | VIEW | |
| Costing methods Categories: | ||
| Job Costing | VIEW | VIEW |
| Process or Operation costing | VIEW | VIEW |
| Unit 2 Job and Batch Costing [Book] | |
| 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 3 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 4 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 5 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 |