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Chartered Accountancy Notes

Excellent commerce point > Chartered Accountancy Notes
Material Cost
02
Jun

Material Cost – CA Inter Costing Study Material Inventory Control Levels:Re-order Level (ROL): It is the level at which fresh order needs to beROI. = Max. Consumption × Max. Re-order PeriodOrMin. Stock Level – (Avg. Consumption × Average Re-order period!Safety Stock – Avg. lead time consumptionRe-order period is also known as Lead Time  Re-order Quantity/Economic […]

Posted in: ca intermediate notes ,
Tags: CA Inter Costing , Chartered Accountancy Notes , Cost Accounting , Economic Order Quantity (EOQ) , Inventory Management , Material Cost , Material Cost Control , Material Issue Methods , Pricing Methods , Types of Material Cost ,
Introduction to Cost and Management Accounting
02
Jun

Introduction to Cost and Management Accounting Question 1.What is Cost Accounting? Enumerate its important objectives. [CA Inter May 2016, May 2010, May 2008, Nov. 2002, May 2001, 3 Marks]Answer:Cost Accounting is defined as “the process of accounting for cost which begins with the recording of income and expenditure or the bases on which they are […]

Posted in: ca intermediate notes ,
Tags: CA Inter Costing , Chartered Accountancy Notes , Cost and Management Accounting , Costing Concepts , Introduction to CMA , Management Accounting Basics , Objectives of Cost Accounting , Planning and Control , Scope of Management Accounting , Types of Costs ,