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| Crash Course on Cost Accounting |
| (c) Ca Raja Natarajan |
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|=============================================================================|
|=============================================================================|
|=============================================================================|
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| Publisher ....: Udemy |
| Level ........: all level |
| Runtime ......: 41 mins |
| Language .....: English |
| Release Type .: Retail |
| Release Format: ISO |
| Store Date ...: 2015.04.10 |
| Release Date .: 2015.06.02 |
| ISO Size .....: 114,868,224 |
| ISO Checksum .: 88E578F6 |
| Disk Count ...: 3 * 50MB |
| Disk Name ....: comprised_uccca |
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| Link/URL .....: http://is.gd/InTd7K |
| |
|=============================================================================|
|===================>> D e s c r i p t i o n <<====================|
|-------------------==========================================================|
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| Welcome to this crash course on Cost Accounting. |
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| In this course, you will have overview of |
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| a) Cost Accounting |
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| b) Material Costing |
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| c) Marginal Costing |
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| d) Overheads |
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| Costing and Cost Accounting is very important subject for every learner who |
| aspires career in Finance and Entrepreneurship. |
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| Knowledge of Costing and Cost Accounting will equip the learner to find the |
| areas where the cost of the business is going up and affecting the |
| profits. It would enable the learner to understand the importance of Cost |
| Control and Cost reduction to improve the profits of the business. |
| |
| Material Costing: |
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| Material can be classified into two types. Direct Material and indirect |
| Material. We should know how to value the Material Cost while arriving out |
| the total cost of a product. |
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| Marginal Costing: |
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| Marginal Costing is a technique of Decision Making adopted by Management of |
| the Business Units. |
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| Marginal Costing is practically applied in the following situations: |
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| a) Performance Evaluation |
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| b) Profit Planning |
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| c) Fixation of Selling Price |
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| d) Make or Purchase Decision |
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| e) Optimizing Product Mix |
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| f) Cost Control |
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| g) Flexible Budget Preparation |
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| Overheads: |
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| Overheads are basically expenses incurred on |
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| Indirect MaterialsIndirect Labour andIndirect Expenses |
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| which are not directly identifiable or allocable to a cost object in an |
| economically feasible way. |
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| So, overheads is a total of all Indirect Costs. |
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| This course is structured in self paced learning style. |
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| All the best and welcome to the course. |
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|=============================================================================|
|===================>> G r o u p N e w s <<====================|
|-------------------==========================================================|
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| No news is good news! |
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|=============================================================================|
|===================>> G r e e t i n g s <<====================|
|-------------------==========================================================|
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| Some hardworking groups, and maybe you? |
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+-----------------------------------------------------------------------------+
| - --=- C O M P R I S E D -=-- - |
| ⌐ 2 0 1 5 |
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