Cost Accounting

This book provides an in-depth insight into the concepts, theories and techniques of cost ascertainment and their application to profit planning, cost control and decision-making. With revised and updated content and enriched pedagogy, this new edition explains the various aspects of cost accounting in a lucid and comprehensive manner. It will cater to the requirements of students in commerce and management streams. Key features: thoroughly revised and updated content additional coverage on activity based costing, quality costs step-by-step explanation of concepts with help of examples more than 400 illustrative solved problems more than 200 class-tested problems and examination questions solution manual and ppts on companion websitetable of contents:chapter 1: cost accounting - an overview chapter 2: cost concepts chapter 3: costing and control of materials chapter 4: costing and control of labour chapter 5: costing and control of factory (manufacturing) overheads chapter 6: costing and control of non-manufacturing overheads chapter 7: activity based costing system chapter 8: job-order, batch and contract costing chapter 9: process, joint and by-product costing chapter 10: unit or single or output and operating costing chapter 11: variable costing and absorption (full) costing chapter 12: uniform costing and inter-firm comparison chapter 13: reconciliation and integration chapter 14: volume-cost-profit analysis chapter 15: budgeting chapter 16: standard costs and quality costs chapter 17: variance analysis: cost variances chapter 18: variance analysis: revenue and profit variances chapter 19: responsibility accounting chapter 20: short-run decision analysis