Cost and Management Accounting
1. Introduction to Cost Accounting : Meaning and definition, scope and use of cost accounting, cost centre, cost accounting and financial accounting, cost concepts, classification of costs. 2. Elements of Cost: Material,labour and expense,direct Material cost-Meaning,Purchase and stores routine, methods of Princing Material issues,wastage,scrap spoilage and defectives,Invenory Control techniques.direct labour cost-Meaning Remunertion methods,labour-turnover,treatments of idle …