Cost Accounting – II
- How to measure per unit cost, the difference between fixed and variable cost, measurement of cost of production etc can be known from single or unit costing.
- How the profit should be matched as per cost as well as as per financial account can be learnt from reconciliation of profit as per cost account with profit as per financial accounts.
- Students can learn how the costing concept is useful in operating as well as service sector like hospital, transportation from service costing.
- How the batch wise production costing is done, how the work on contract is done etc learnt from job,batch,contract costing.