Assam University Bcom Syllabus 3RD SEMESTER COST ACCOUNTING click here to download now
B. COM 3RD SEMESTER
COST ACCOUNTING
BCMP 302 (PASS PAPER)
Objective : The course provides the students an understanding of the application of cost accounting techniques for management.
Full Marks - 50
UNIT 1
INTRODUCTION TO COST ACCOUNTING 10
1.1 Cost Accounting: Meaning- purpose and Importance.1.2 Objectives- Advantages and limitations of Cost Accounting.
1.3 Distinction between Cost Accounting and Financial Accounting.
1.4 Distinction between Cost Accounting and Management Accounting.
UNIT 2
BASIC CONCEPTS 10
2.1 Cost Concepts.2.2 Cost Classifications.
2.3. Elements of Costs.
2.4. Preparation of Cost Sheet.
UNIT 3
MATERIALS COST
3.1 Purchase and stores procedure-Methods of pricing materials.3.2 Stores Control- Levels of stock, EOQ.
3.3 Stock Control through ABC Analysis, VED Analysis and JIT
Inventory System.
UNIT 4
LABOUR COST 10
4.1 Recruitment- Timekeeping and Pay Roll Records- Merit Rating.4.2 Methods of Remuneration- Factors to be Considered- Essentials of a successful wage plan- Time rate and piece Rate- Merits & Demerits.
4.3 Bonus Schemes- Halsey and Rowan Plan.
UNIT 5
OVERHEADS 10
5.1 Definition & Classification.5.2 Apportionment & Absorption.
5.3 Determination of Overhead rates.
Suggested Readings:
1. S. P. Jam and K.L Narang: Cost Accounting- Principles and Practice, Kalyani Publisher.2. B. Banerjee: Cost Accounting, World Press Pvt. Ltd, Kqilkata.
3. S. P. basu and M. Das : Theory & Practice of Costirg, Rabincra Library, Kolkata.
4. N. K. Prasad & A. K Prasad: Cost Accounting, Book Syndicate Pct Ltd, Kolkata.
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