Cost Accounting Methods


The subjects covered in Cost Accounting Methods are:

Marginal Costing – Fixed and Variable Costs, Semi-variable Costs, Contributions and C/S% ratio, decision-making techniques, breakeven charts

Job Costing – Job cost estimates, Job Accounts and Job Profit Statements

Contract Costing – Contract Accounts, Notional Profits, Attributable Profits calculations

Process Costing – Process Accounts, Abnormal Gains and Losses, Valuing work in progress techniques

Activity Based Costing – Classifying Costs into activities, absorbing overheads using ABC

Cost bookkeeping – Integrated Accounts, Interlocking Accounts, Reconciliations


Scroll to Top