Course Description
Course Description
This course provides a conceptual and theoretical foundation in cost and management accounting. It covers:
- Classification and segregation of costs
- Accounting for material and labor
- Allocation, apportionment, and absorption of overhead costs
- Costing methods for different situations, including service, job, contract, and process costing
- Income statements under variable and absorption costing techniques
- Standard costing systems with material and labor cost variances
- Flexible budgeting for various activity levels
- Overhead cost variance analysis
Chapters
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Unit 1: Conceptual Foundation
min -
Unit 2: Accounting for Materials
min -
Unit 3: Accounting for Labour Cost
min -
Unit 4: Accounting for Overhead Cost
min -
Unit 5: Costing in Different Situations
min -
Unit 6: Accounting for Profit Planning
min -
Unit 7: Cost Accounting for Planning and Control
min -
Unit 8: Cost Reduction
min
Instructor
Sandeep Singh
Finance TeacherSandeep Singh is a dedicated finance teacher known for his deep expertise and engaging teaching style. With years of experience in the field, he excels at simplifying complex financial concepts, making them accessible and interesting for all students. His practical approach and passion for finance inspire learners to achieve their academic and professional goals
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