Lecture Notes On Cost Accounting

ACC305 COST ACCOUNTINGiv CONTENTS PAGE Module 1.. 1 Unit 1 Basic Concept of Cost Accounting 1-7 Unit 2 Elements of Cost 8-15 Unit 3 The Methods of Cost Accounting.. 16-21 Unit 4 Purchasing Procedure. 22-37 Unit 5 Stores Routine Module 2.. 38 Unit 1 Receipts and Issue of Materials.. 38-48 Unit 2 Method of Valuing Materials Issues.. 49-58 Unit 3 Organization for Wages Contest 59-68 Unit 4 Methods of Remuneration and effect on Cost... 69-78 Unit 5 Organization for Overhead Control 79-89 Module 3.. 90 Unit 1 Cost Classification. 90-94 Unit 2 Cost Behaviour... 95-100 Unit 3 Standard Costing 101-105 Unit 4 Cost Ascertainment 106-111 Unit 5 Planning System Concept.. 112-116 Module 4.. 117 Unit 1 Short-Term Operational Planning.. 117-123 Unit 2 Elements of Cost-Materials, Labour, Overhead 124-131 Unit 3 Activity-Based Costing.. 132-138 Unit 4 Measuring Performance in Organization... 139-143ACC305 COST ACCOUNTING 1 MODULE 1 Unit 1 Basic Concept of Cost Accounting Unit 2 Elements of Cost Unit 3 The Methods of Cost Accounting Unit 4 Purchasing Procedure Unit 5 Stores Routine UNIT 1 BASIC CONCEPT OF COST ACCOUNTING CONTENTS 1.0 Introduction 2.0 Objectives 3.0 Main Content 3.1 Basic Concept of Cost Accounting 3.1.1 Meaning of Cost Accounting 3.1.2 Differences