Week - 1 |
Introduction to cost accounting and the place of cost accounting among the accounting system |
Week - 2 |
Basic concepts related to cost acounting |
Week - 3 |
Different costs for different purposes :Classification of costs |
Week - 4 |
Material Costs : LIFO ( Last-In-First-Out) Inventory Evaluation Method, FIFO ( First-In-First-Out) inventory evaluation method |
Week - 5 |
Material Costs (continued): Average cost inventory evaluation methods |
Week - 6 |
Labor costs |
Week - 7 |
Manufacturing overhead costs (M.O.C): The first step in allocating the M.O.C. |
Week - 8 |
Manufacturing overhead costs (M.O.C) (continued): The second and third steps in allocating the M.O.C. |
Week - 9 |
Job-order-costing sytems |
Week - 10 |
Introduction process costing systems |
Week - 11 |
The five-step procedure for process costing systems |
Week - 12 |
Process costing systems: Weighted-average method |
Week - 13 |
Process costing systems: FIFO (First-In-First-Out) method |
Week - 14 |
Cost of scrap in process costing systems |