Click to the respective topic on Standard Costing & Variance Analysis Content Page On STANDARD COSTING & VARIANCE ANALYSIS 1.0 Uses and Advantages Of Standard Costing 2.0 The Difference between Standard Costing and Variance Analysis 3.0 Main Difference Between Historical Costing and Standard Costing 4.0 The Different Types Of Standard 5.0 Total Direct Material Variance … Read more
Click to the respective topic on Short Term Decision Making Content Page On SHORT TERM DECISION MAKING 1.0 Relevant Costs-Definition, Criteria and Usefulness See simple questions/examples on relevant costs 2.0 Sunk Cost In Decision Making 3.0 Costs Used in Alternative Decision making Techniques 4.0 Short Term Decision Making-Understanding Limiting Factor 5.0 Short Term Decision Making- … Read more
Click to the respective topic on Pricing Decisions Content Page On Pricing Decisions/Methodologies 1.0 Factors To Consider When Making Pricing Decision 2.0 Pricing Decision Using Full Cost Plus Pricing Method 3.0 Pricing Decision Using Variable or Marginal Cost Plus Pricing Method 4.0 Pricing Decision Using Rate Of Return Pricing Method 5.0 Pricing Decision Using Breakeven … Read more
Click to the respective topic on Cost-Volume-Profit/CVP Analysis Content Page On COST-VOLUME-PROFIT/CVP ANALYSIS 1.0 Cost Volume Profit/CVP for Short Term Decision Making 2.0 Limitation of Cost Volume Profit/CVP analysis
Click to the respective topic on Process Costing Content Page On PROCESS COSTING 1.0 Definition and features of Process costing 2.0 Frequently Used Terms In Process Costing 3.0 Simple Illustration on Process Costing Methodology 4.0 Process Costing With Work-In-Progress- Equivalent Unit 5.0 Process Costing-Normal Loss and Its Treatment
Click to the respective topic on Stock Valuation Content Page On STOCK VALUATION 1.0 First In First Out (FIFO) Method of Stock Valuation 2.0 Last In First Out(LIFO) Method Of Stock Valuation 3.0 Weighted Average Method Of Stock Valuation 4.0 Selection Of The Best Stock Valuation Method 5.0 QUESTION: Accounting Test Question No SV … Read more
Click to the respective topic on Overheads Costing Content Page On OVERHEADS COSTING 1.0 Overheads And Its Classification 2.0 Predetermined Overheads Absorption Rates 3.0 Reasons to classify overhead costs
Click to the respective topic on Manufacturing Account Content Page On MANUFACTURING ACCOUNT 1.0 Understand Prime Costs in Manufacturing Account 2.0 Understand Factory Overheads and Treatment of Work In Progress 3.0 QUESTION: Accounting Test Question No Mfg 1 Answer to Accounting Test Question No Mfg 1
Click to the respective topic on Cost Concepts And Classifications: Content Page On COST CONCEPTS & CLASSIFICATIONS: 1.0 What is costing and reasons for its importance 2.0 Difference between Cost Unit And Cost Centre 3.0 Costing Principles- Costs Classification 4.0 Difference Between Product and Period Costs 5.0 Difference between Direct and Indirect Costs 6.0 Cost … Read more
Click to the respective topic on VAT Accounting: Content Page On VAT ACCOUNTING 1.0 Value Added Tax (VAT – Introduction, basic concept and scope 2.0 Accounting for Value Added Tax (VAT) 3.0 The Advantages Of VAT Registration 4.0 VAT Accounting – VAT Returns – Its Timing and Filing