Cost Management Class Notes_262479299-Cost-Management-Accounting-Amity-1

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Cost & Management AccountingAuthorCost & Management Accounting 2015, AuthorFor private circulation Students Study Material of ADDOE.All rights reserved. No part of this book may be reproduced, stored in a retrieval system,or copied in any form or by any means, electronic, mechanical, photographic or otherwise, without the priorwritten permission of the author and the publisher.Published by: Amity Directorate of Distance & Online Education, NoidaContentsPage No.Unit-1: Cost Accounting01IntroductionConcept of Cost AccountingComparison between Financial Accounting and Cost AccountingDesigning and Installating a Cost Accounting SystemCost ConceptsCost SheetTenders and QuotationsSummaryCheck Your ProgressQuestions and ExercisesKey TermsFurther ReadingsUnit-2: Material Costing33IntroductionClassification of MaterialsPurchasing ProcedureStore KeepingMaterial ControlMethods of Pricing Material IssuesSummaryCheck Your ProgressQuestions and ExercisesKey TermsFurther ReadingsUnit-3: Labour Costing61IntroductionLabour TurnoverLabour Cost ControlLabour Cost ManagementIdletime and OvertimeSummaryCheck Your ProgressQuestions and ExercisesKey TermsFurther ReadingsUnit-4: Methods of Wage PaymentIntroductionMethods of Remuneration80SummaryCheck Your ProgressQuestions and ExercisesKey TermsFurther ReadingsUnit-5: Overhead Costing96IntroductionConcept of OverheadProcedure for Accounting and Control of Overh

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