Cost Accounting CCSU B.Com 3rd Semester NEP Notes

Unit 1 [Book]
Introduction, Nature, Scope and Advantages of Cost Accounting	VIEW
Installation of Costing System	VIEW
Difference between Cost and Financial Accounting	VIEW
Classification of Costs	VIEW
Material: Purchase, Storage	VIEW
Control of Material	VIEW
Stock Levels	VIEW
Inventory Control	VIEW
Control Techniques:
EOQ	VIEW
FSND	VIEW
JIT	VIEW
VED	VIEW
Methods of Pricing Material:
FIFO	VIEW
LIFO	VIEW
Weighted Average	VIEW

Unit 2 [Book]
Labour Meaning and Components of Labour Cost, Concept	VIEW
Accounting and Control of Idle Time and Overtime	VIEW
Methods of Wage Payment and Incentive Plans	VIEW
Labour Turnover	VIEW
Overheads Collection, Classification	VIEW
Overheads Allocation, Apportionment	VIEW
Absorption of Overheads (Primary and Secondary Distribution)	VIEW
Machine Hour Rate	VIEW

Unit 3 [Book]
Unit Output Costing Concept, Need	VIEW
Preparation of Cost Sheet	VIEW
Preparation of Tender Price	VIEW
Preparation of Reconciliation Statement	VIEW

Unit 4 [Book]
Process Costing	VIEW
Preparation of Process Accounts	VIEW
Treatment of Normal Wastage	VIEW
Treatment of Abnormal Wastage	VIEW
Treatment of Joint Product and By-product	VIEW
Contract Costing	VIEW
Preparation of Contract Account	VIEW
Determination of Profit on Completed and Uncompleted Contracts	VIEW
Operating Costing	VIEW