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Job Costing

Excellent commerce point > Job Costing
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 ,
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 ,