Cost Accounting Problems and Solutions

This book is complementary to the main book Cost Accounting: Theory and Practice and all exercises which are given at the end of each chapter are solved in this book. Hence, readers are advised to refer both the books to develop confidence and mastery of the subject. This book will be useful for the students pursuing the courses of B.Com, B.C.S, B.B.A, M.Com, MCS, MBA, MCA, PGDM, PGDFM, CA, ICWA and ACS since problems asked in various universities and professional courses are included. The Highlights: Simple and lucid style of presentation Self-explanatory notes at appropriate places Step-by-step approach in solving problems. It contains 469 problems and solutions with explanatory notes and hints at appropriate places. By the same authors: Cost Accounting: Theory & Practice Cost Accounting: Fundamentals & Elements Cost Accounting: Methods & Techniques. Contents: 1. Cost Analysis: Cost Classification and Cost Sheet 2. Materials Cost Control 3. Materials Costing 4. Labour Cost Control 5. Methods of Wage Payment 6. Overheads Nature and Classification 7. Accounting for Overheads and Control 8. Administration, Selling and Distribution Overheads 9. Cost Ledger 10. Reconcitiation of Cost and Financial Accounts 11. Integral Accounting 12. Output Costing/Unit Costing/ Single Costing 13. Job Costing and Batch Costing 14. Contract Costing/Terminal Costing 15. Process Costing 16. Joint Products, By-products and Main Products Costing 17. Service Costing or Operating Costing 18. Marginal Costing 19. Budget and Budgetary Control 20. Standard Costing and Variance Analysis. Audience:CA, ICWA and ACS at intermediate levels.