COST ACCOUNTING TYBAF SEM 6th 2015-16

FIRST LET’S LOOK AT THE SYLLABUS.
Modules /Units.

Budgeting and Budgetary Control
Meaning & objectives, Advantages and limitations of budgets
Functional budgets, fixed and flexible budgets
Zero based budgeting, performance budgeting
Simple practical problems of preparing flexible budgets and functional budgets

Absorption Costing and Marginal Costing, Cost Volume and Profit Analysis
Absorption Costing and Marginal Costing
Meaning of absorption costing,
Introduction to marginal costing
Distinction between absorption costing and marginal costing
Advantages and limitations of marginal costing
Cost Volume and Profit Analysis
Break even analysis meaning and graphic presentation
Margin of safety
Key factor
Simple practical problems based on using the marginal costing formulae

Managerial Decision Making
Make or buy
Sales mix decisions
Exploring new markets
Plant shut down decision
Simple practical problems

Standard Costing and Variance Analysis
Preliminaries in installing of a standard cost system
Material Cost variance
Labour cost variance
Variable overhead variances
Fixed Overhead variances
Sales variances
Simple practical problems

Important Tips!!

The theory in the last question(short Notes) has to be asked out of all the chapters, By that it means that no single chapter will be focused for theory. Hence reading the Chapter is very Important.

Presentation of your paper will play a Vital role, Hence your handwriting May not be BEAUTIFUL, but make sure its CLEAR.

As dis

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