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Cost Allocation

Excellent commerce point > Cost Allocation
Job and Contract Costing ​
07
Jun

Job and Contract Costing Question 1.What Is meant by Job Costing? Give example of (any four) industries where it is used. [CA Inter May 2001, Nov. 2016, 4 Marks]Answer:Job costing is the category of basic costing methods which is applicable where the work consists of separate contracts, jobs or batches, each of which is authorised […]

Posted in: ca intermediate notes ,
Tags: Accounting for Jobs , Cost Accounting , Cost Allocation , Cost Control Methods , Cost Tracking , Customized Production , Direct Costing , Job Cost Sheet , Job Costing , Job Order Costing , Manufacturing Costs , Project Costing ,
Activity Based Costing (ABC)
04
Jun

Activity Based Costing (ABC) – CA Inter Costing Study Material Question 1.Explain Activity Based Budgeting. [CA Inter Nov. 2018, 5 Marks]Answer: Activity Based Budgeting analyse the resource input or cost for each activity. It provides a framework for estimating the amount of resources required as per the budgeted level of activity. Actual results can be […]

Posted in: ca intermediate notes ,
Tags: ABC Costing , Accurate Costing , Activity Based Costing , Activity Cost Pools , Business Decision Making , Cost Accounting Techniques , Cost Allocation , Cost Drivers , Cost Management , Management Accounting , Modern Costing Methods , Overhead Costs ,