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Cost Analysis

Excellent commerce point > Cost Analysis
Unit and Batch Costing
06
Jun

Unit and Batch Costing Question 1.Explain ‘Job Costing’ and ‘Batch Costing’. [CA Inter May 2Q01, May 2018, 5 Maris]Answer:Job costing: 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 by specific order or contract. According to this […]

Posted in: ca intermediate notes ,
Tags: Batch Costing , Cost Accounting , Cost Analysis , Cost Control , Costing Techniques , Job Costing , Manufacturing Costing , Per Batch Cost , Per Unit Cost , Production Costing , Types of Costing Methods , Unit Costing ,
Cost Accounting System
06
Jun

Cost Accounting System – CA Inter Costing Study Material Question 1.Explain integrated accounting system and state its advantages. fCA Inter Nov. 2019, May 2019, May 2015, May 2012, May 2010, 5 Marks]Answer:Integrated Accounting System:Integrated Accounting System is a system of accounting, where the cost and financial accounts are kept in the same set of books. […]

Posted in: ca intermediate notes ,
Tags: Accounting Methods , Cost Accounting , Cost Accounting System , Cost Analysis , Cost Control , Financial Management , Job Costing , Management Accounting , Process Costing , Production Cost Tracking , Types of Costing Systems ,
Cost Sheet
05
Jun

Cost Sheet – CA Inter Costing Study Material Question 1.State the names of cost heads in a cost sheet on the basis of functions and define all the cost heads. [ICAI Module]Answer:The costs as classified on the basis of functions are grouped into the following cost heads in a cost sheet:(i) Prime Cost(ii) Cost of […]

Posted in: ca intermediate notes ,
Tags: Cost Accounting , Cost Analysis , Cost Control , Cost Sheet , Cost Sheet Format , Factory Cost , Manufacturing Cost , Prime Cost , Product Costing , Selling Price , Statement of Cost , Total Cost ,
Theory of Production and Cost
24
May

Theory of Production and Cost CA Foundation MCQ Economics Chapter 3 1. What is Production is Economics:(a) Creating/Addition of Utility(b) Production of food grains(c) Creation of services(d) Manufacturing of goodsAnswer:(a) Creating/Addition of Utility   2. Which of the following is considered as production in economics?(a) Helping a blind person in crossing the road(b) Group dance […]

Posted in: ca foundation notes ,
Tags: Business Economics , CA Exam Prep , CA F Eco , CA Foundation Economics , Commerce Students , Cost Analysis , Cost Theory , Economic Concepts , Economics MCQs , Laws Of Returns , Micro economics , Production And Cost , Production Function , Study With ECP , Theory Of Production ,