Syllabus For The Subject ADVANCED COST ACCOUNTING

UNIT - 01

COST ACCOUNTING - CONCEPT - IMPORTANCE AND SCOPE

UNIT - 02

COMPARISON FINANCIAL ACCOUNTS WITH COST ACCOUNTS

UNIT - 03

ELEMENTS OF COST CLASSIFICATION OF COSTS - COST SHEET - TENDER

UNIT - 04

MATERIALS - METHODS OF PRICING: FIFO - LIFO AND AVERAGE COST METHODS - COST

CONTROL - IMPORTANCE TECHNIQUES AND LOSSES

UNIT - 05

LABOUR - COMPUTATION OF LABOUR COST - COST CONTROL - LABOUR TURNOVER -

IDLE TIME AND OVER TIME

UNIT - 06

OVERHEAD - PRIMARY AND SECONDARY DISTRIBUTION OF OVERHEAD

UNIT - 07

PROCESS COSTING: PROCESS ACCOUNTS - INTER PROCESS PROFIT

UNIT - 08

EQUIPMENT PRODUCTION - JOINT- PRODUCTS AND BY PRODUCTS

UNIT - 09

MARGINAL COSTING - CONCEPT, ADVANTAGES AND LIMITATIONS

UNIT - 10

PROBLEMS ON DECISION - MAKING BREAK - EVEN ANALYSIS- DIFFERENTIAL COSTING

UNIT - 11

JOB COSTING - CONTRACT COSTING

Vinayaka Missions University,Directorate of Distance Education

Salem India

MASTER OF COMMERCE

1 Yr.

ADVANCED COST ACCOUNTING [MCOM](2040101)