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Mayur Vihar Phase III, Delhi
Course ID: 351688
Mayur Vihar Phase III, Delhi
Students Interested 0 (Seats Left 0)
₹ 6,000
Qualified Cost Accountant with 20 years of professional coaching experience
LESSON PLAN: COST ACCONTING
Class Subject matter
1 Introduction to Cost Accounting--- general principles
2 Preparation of Cost Sheet
3 Numerical on Cost Sheet
Material Cost
4 Materials Management---- Purchase procedure, Fixation of material stock level with formulas
5 Numerical on stock levels
6 Economic Order Quantity --- numerical
7 Pricing of issue of materials & methods
8 LIFO, FIFO, AVERAGE:- Simple & weighted …… numerical
------------------------------------------------------------------ Test 1 on Matl. stock level- EOQ –LIFO/FIFO/W AVGE
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Labour Cost
9 Meaning, concept and wage calculation
10 Treatment of overtime, idle time and labour turnover
11 Incentive plans : Halsey, Rowan Merrick & Emersion plans
12 Numerical on wage calculation & incentive plans
13 Numerical on wage calculation & incentive plans
Overhead Cost
14 Concept and steps to identify overhead cost and summery of
Distribution of overhead cost
15 Numerical on overhead distribution
16 Numerical on overhead distribution
17 Concept of Machine hour rate with numerical
18 Numerical on machine hour rate
19 Under/Over absorbtion of overhead expenses with numerical
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Test 2 on Labour incentive & machine hour rate
Note : Test papers shall be uploaded as & when required
Job & Contract costing
20 Concept of Job & Contract costing and their difference
21 Numerical on Job & Contract costing
22 Numerical on Job & Contract costing
Process Costing
23 Concept & general principles on process loss, wastage
and accounting procedure
24 Numerical on Process costing
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Test 3 on Contract costing & process costing
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Service/operating costing
25 Concept & general principle of Operating costing & numerical
Reconciliation of Cost & Financial accounting
26 General discussion on reconciliation with numerical
Budgetary Control
27 Meaning of Budget, type of budget: cash budget, production
budget & flexible budget
28 Numerical on budget and budgetary control
Marginal costing
29 Meaning of marginal costing, contribution, P/V ratio, break even
Point, margin of safety and CVPR analysis
30 Numerical on marginal costing.
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Test 4 on Operation costing, Reconciliation on Cost& Fin A/C
Budgetary control & Marginal Costing
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Unprofessional. Don't know the right way to talk to anyone. I told them I have shortlisted someone else so he unnecessarily started shouting in a rude tone. Eventually I need to cut the phone. Not at all recommended.
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Qualified Cost Accountant with 20 years of professional coaching experience
Students Interested 0 (Seats Left 0)
₹ 6,000
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