Advanced cost accounting book


    Advanced Cost Accounting. Front Cover · J. K. Mitra. New Age International, - Cost accounting - pages. 0 Reviews. Advanced Cost Accounting book. Read reviews from world's largest community for readers. Chapter 1 Process Costing Chapter 2 Uniform Costing and Inter-Fir. Developed & Produced by EXCEL BOOKS PVT. Diagrammatic and Graphic Presentation of Cost Information Advanced Cost Accounting.

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    Advanced Cost Accounting Book

    Using Advanced Cost Accounting Financial Reports for compare the information in the cost object field against the Address Book Master, and verify that the. Advanced Cost Accounting [J K Mitra] on Story time just got better with Prime Book Box, a subscription that delivers editorially hand-picked. To learn about the higher application of cost accounting techniques and methods To know the application of cost REFERENCE BOOKS. 1. Advanced cost accounting, rockghotreamenla.gql, Sahitya bhavan, Agra. 2. Advanced cost accounting, SN.

    For example, in some companies, machine cost is segregated from overhead and reported as a separate element altogether, and payroll costs are sometimes separated from other production costs. Classification of costs[ edit ] Classification of cost means, the grouping of costs according to their common characteristics. Direct costs are assigned to Cost Object. Indirect costs are allocated or apportioned to cost objects. By Behavior: fixed, variable, semi-variable. Costs are classified according to their behaviour in relation to change in relation to production volume within a given period of time. Fixed Costs remain fixed irrespective of changes in the production volume in a given period of time. Variable costs change according to the volume of production.

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    Advanced Cost Accounting: (theory, Problems and Solutions) - M. N. Arora - Google книги

    Nov 10, James Daher rated it really liked it. India seems to pump out these eBooks like a fire hose, and they are great for finding in depth coverage of specific subjects. Of course, they are always riddled with grammatical errors and typos, which hurt their credibility, and this one was not immune.

    However, this book's 8 chapters covered exactly what I needed to know, at the level of knowledge I needed to know it. So thank you M. Arora for not wasting my time. Madhusha Weerasekara rated it it was amazing Dec 11, Majid Mohammed rated it it was amazing Jun 11, Salman rated it it was amazing Mar 07, Ishan Kalra rated it it was amazing Nov 27, Ashwin Nair rated it it was amazing Oct 06, Heena Chirania rated it it was amazing Mar 16, Sanjay rated it liked it May 05, Mayuri Kose rated it really liked it Dec 09, Sb Shoaib rated it it was amazing May 24, Mohan Raj rated it liked it Feb 12, Lucky rated it liked it Jan 20, Peter Mucheke rated it liked it Mar 16, Saurav Hazra rated it it was amazing Nov 14, Variable costs change according to the volume of production.

    Semi-variable costs are partly fixed and partly variable.

    Advanced Cost Accounting [for Various Universities]

    By control ability: controllable, uncontrollable costs. Controllable costs are those which can be controlled or influenced by conscious management action. Uncontrollable costs cannot be controlled or influenced by conscious management action. By normality: normal costs and abnormal costs. Normal costs arise during routine day-to-day business operations. Abnormal costs arise because of any abnormal activity or event not part of routine business operations. By Time: Historical costs and predetermined costs.

    Historical costs are costs incurred in the past.

    M.Com Advanced Cost Accounting Notes

    Predetermined costs are computed in advance on basis of factors affecting cost elements. Example: Standard Costs.

    By Decision making Costs: These costs are used for managerial decision making. Differential costs: This cost is the difference in total cost that will arise from the selection of one alternative to the other. Opportunity costs: It is the value of benefit sacrificed in favour of an alternative course of action.

    Relevant cost: The relevant cost is a cost which is relevant in various decisions of management. Replacement cost: This cost is the cost at which existing items of material or fixed assets can be replaced. Thus this is the cost of replacing existing assets at present or at a future date. Shutdown cost: These costs are the costs which are incurred if the operations are shut down and they will disappear if the operations are continued.

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