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Cost Accounting

IIT Bombay, , Prof. Dr. Varadraj Bapat

Updated On 02 Feb, 19

Overview

This course discusses basic concepts of cost accounting and control. COURSE OBJECTIVES This course is designed to Help the participants to become intelligent users of cost information for (a) Computing cost of product/ process/ project/ activity. (b) Controlling and managing the cost (c) Decision making like pricing, Make or buy, profit planning. (d) Planning and Budgeting

Includes

Lecture 8: Lecture 8 : Case of Ayur Pharma

4.1 ( 11 )

Lecture Details

Course Details

COURSE LAYOUT

Week 1:
  •  Introduction and Scope of Cost Accounting 
  • Cost classification 
  • Accounting for Direct Costs
  • Accounting for Indirect Costs 
  • Overhead costs
Week 2:
  • Activity Based Costing 
  • Methods of Costing 
  • Marginal Costing 
  • BEP and CVP Analysis
Week 3:
  • BEP and CVP Analysis cases 
  • Decision making cases 
  • Budgeting    
Week 4:
  • Budgeting cases 
  • Standard Costing and Variance Analysis
  • Standard Costing cases
  • Recap

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Comments
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Sam

Sep 12, 2018

Excellent course helped me understand topic that i couldn't while attendinfg my college.

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Dembe

March 29, 2019

Great course. Thank you very much.

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