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Notes of cost accounting for commerce,accounting student to learn easy.It almost cover all important topics which are given below

Unit – 1. Introduction 

Nature and scope of cost accounting 
Cost concepts and classification 
Methods and techniques of Costing 
Concept of cost audit 

Unit – 2. Accounting for Material & Labour 

Material control, concept and techniques; 
Pricing of material issues 
Treatment of material losses 
Labour cost control procedure 
labour turnover 
Idle time and overtime 
Methods of wage payment-time and piece rates 
Incentive schemes 

Unit – 3. Accounting for Overheads 

Classification and departmentalization 
Absorption of overheads 
Under the over absorption, and its treatment

Unit – 4. Cost Ascertainment 

Unit costing 
Job, batch and contract costing 
Operating Costing 

Unit – 5. Process costing

Inter-Process Profit 
Concept of joint and by-products


Cost Accounting

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