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Standard Costing 

Standard Costing 

November 5, 2021 admin
Cases with Opening work in PROGRESS (WIP) - PROCESS COSTING

PROCESS COSTING – PART 3

October 26, 2021October 26, 2021 admin
Equivalent units - Process costing

PROCESS COSTING – PART 2

October 20, 2021October 26, 2021 admin
PROCESS COSTING

PROCESS COSTING – PART 1

October 12, 2021October 26, 2021 admin
CONTRACT COSTING

CONTRACT COSTING

October 12, 2021 admin
Featured Posts
Conger and Kanungo’s three-stage charismatic leadership model

Conger and Kanungo’s three-stage charismatic leadership model

September 12, 2021 admin
Charismatic Approaches to Leadership – KEY POINTS

Charismatic Approaches to Leadership – KEY POINTS

September 12, 2021September 12, 2021 admin
Hersey and Blanchard’s Situational Leadership Model – KEY POINTS

Hersey and Blanchard’s Situational Leadership Model – KEY POINTS

September 11, 2021September 11, 2021 admin
House’s Path-goal Theory of Leadership – KEY POINTS

House’s Path-goal Theory of Leadership – KEY POINTS

September 11, 2021 admin
Featured Posts
Standard Costing 

Standard Costing 

November 5, 2021 admin
PROCESS COSTING  – PART 2

PROCESS COSTING – PART 2

October 20, 2021October 26, 2021 admin
PROCESS COSTING – PART 1

PROCESS COSTING – PART 1

October 12, 2021October 26, 2021 admin
CONTRACT COSTING

CONTRACT COSTING

October 12, 2021 admin
Standard Costing 
ACCA MA Management Accounting

Standard Costing 

November 5, 2021 admin

Standard costing  includes setting standard rates to absorb material , labour ,overheads. Setting of standards rates helps in  exact valuations , strengthening control over differences […]

PROCESS COSTING – PART 3
Uncategorized

PROCESS COSTING – PART 3

October 26, 2021October 26, 2021 admin

PROCESS COSTING – PART 1 PROCESS COSTING – PART 2 Cases with Opening work in PROGRESS (WIP) Till now we assume that there is no […]

PROCESS COSTING  – PART 2
MA Management Accounting

PROCESS COSTING – PART 2

October 20, 2021October 26, 2021 admin

PROCESS COSTING – PART 1   Equivalent Units Continuous production with different processes faced a problem, i.e. how to deal with processes which were not […]

PROCESS COSTING – PART 1
MA Management Accounting

PROCESS COSTING – PART 1

October 12, 2021October 26, 2021 admin

In entities mass production involving, it is difficult to calculate on base of individual units, so to make issues simple costs are accounted  making processes […]

CONTRACT COSTING
ACCA MA Management Accounting

CONTRACT COSTING

October 12, 2021 admin

  Contract   Costing Easy to understand “ job order costing on larger scale”. For construction of building and other large scale wok which take considerable […]

BATCH COSTING – EXPLAINED
AA MA Management Accounting

BATCH COSTING – EXPLAINED

October 9, 2021 admin

BATCH COSTING Batch costing is similar to job order costing ,the only difference is that costing focus moves from job orders to batches. It is […]

BREAK EVEN ANALYSIS
Uncategorized

BREAK EVEN ANALYSIS

October 6, 2021 admin

  Breakeven is the point at which at profit is “ZERO”. It’s important for entity to know how much revenue to revue it has to […]

Marginal and Absorption Costing Methods
ACCA MA Management Accounting

Marginal and Absorption Costing Methods

October 4, 2021 admin

Marginal and Absorption Costing Methods The main difference between marginal costing and absorption costing is that Under Marginal costing all the fixed cost is treated […]

Allocation and Apportionment of Overheads
MA Management Accounting

Allocation and Apportionment of Overheads

October 3, 2021October 3, 2021 admin

  Allocation of overheads (OH) Apportionment of overheads (OH)   Charging to overhead to specific department                   […]

ABSORPTION COSTING  – Explained
ACCA MA Management Accounting

ABSORPTION COSTING – Explained

October 2, 2021 admin

ABSORPTION COSTING Method of costing in which overheads are absorbed in relevant cost centers on appropriate rates known as overhead absorption rate (OAR). This rate […]

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  • PROCESS COSTING – PART 2
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