{"product_id":"cost-accounting-b-com-first-semester-complete-theory-solved-numericals-practice-questions","title":"Cost Accounting | B Com First Semester | Complete Theory, Solved Numericals \u0026 Practice Questions","description":"\u003ch2\u003eMaster the Language of Costs — From Concepts to Calculations!\u003c\/h2\u003e\u003cp\u003eCrafted for \u003cstrong\u003eBCom First Semester\u003c\/strong\u003e students, this comprehensive textbook on \u003cem\u003eCost Accounting\u003c\/em\u003e builds a strong foundation in one of the most practical and career-relevant subjects in commerce. With clear theory, step-by-step solved problems, and exam-focused practice questions, this book prepares you to understand, analyse, and apply cost accounting principles with confidence.\u003c\/p\u003e\u003ch3\u003e💼 Topics Covered\u003c\/h3\u003e\u003ch4\u003eUnit I — Introduction to Cost Accounting\u003c\/h4\u003e\u003cul\u003e\n\u003cli\u003eMeaning, objectives, scope \u0026amp; importance of cost accounting\u003c\/li\u003e\n\u003cli\u003eDifference between cost accounting, financial accounting \u0026amp; management accounting\u003c\/li\u003e\n\u003cli\u003eCost concepts — cost, costing, cost centre \u0026amp; cost unit\u003c\/li\u003e\n\u003cli\u003eClassification of costs — by nature, function, behaviour \u0026amp; controllability\u003c\/li\u003e\n\u003cli\u003eElements of cost \u0026amp; cost sheet preparation\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch4\u003eUnit II — Material Cost\u003c\/h4\u003e\u003cul\u003e\n\u003cli\u003ePurchasing, storage \u0026amp; issue of materials\u003c\/li\u003e\n\u003cli\u003eInventory control techniques — EOQ, ABC analysis, VED analysis \u0026amp; JIT\u003c\/li\u003e\n\u003cli\u003eMethods of pricing material issues — FIFO, LIFO, Weighted Average \u0026amp; Standard Price\u003c\/li\u003e\n\u003cli\u003eTreatment of material losses — normal \u0026amp; abnormal waste\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch4\u003eUnit III — Labour Cost\u003c\/h4\u003e\u003cul\u003e\n\u003cli\u003eClassification \u0026amp; control of labour costs\u003c\/li\u003e\n\u003cli\u003eTime keeping \u0026amp; time booking methods\u003c\/li\u003e\n\u003cli\u003eWage payment systems — time rate, piece rate \u0026amp; incentive schemes (Halsey, Rowan, Taylor)\u003c\/li\u003e\n\u003cli\u003eIdle time, overtime \u0026amp; labour turnover — causes, effects \u0026amp; treatment\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch4\u003eUnit IV — Overhead Cost\u003c\/h4\u003e\u003cul\u003e\n\u003cli\u003eClassification \u0026amp; collection of overheads\u003c\/li\u003e\n\u003cli\u003eAllocation, apportionment \u0026amp; absorption of overheads\u003c\/li\u003e\n\u003cli\u003eMachine hour rate \u0026amp; labour hour rate\u003c\/li\u003e\n\u003cli\u003eUnder \u0026amp; over absorption of overheads — treatment \u0026amp; adjustment\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch4\u003eUnit V — Methods of Costing\u003c\/h4\u003e\u003cul\u003e\n\u003cli\u003eJob costing — meaning, features \u0026amp; solved examples\u003c\/li\u003e\n\u003cli\u003eContract costing — work-in-progress, profit recognition \u0026amp; retention money\u003c\/li\u003e\n\u003cli\u003eProcess costing — normal \u0026amp; abnormal losses, inter-process profits\u003c\/li\u003e\n\u003cli\u003eOperating\/Service costing — transport \u0026amp; hospital costing\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch3\u003e✅ Key Features\u003c\/h3\u003e\u003cul\u003e\n\u003cli\u003eConcept-first approach — theory explained before numerical application\u003c\/li\u003e\n\u003cli\u003eAbundant solved numerical problems with clear step-by-step workings\u003c\/li\u003e\n\u003cli\u003eChapter-end MCQs, short answer \u0026amp; university-style long answer questions\u003c\/li\u003e\n\u003cli\u003ePractical Indian business context with relevant industry examples\u003c\/li\u003e\n\u003cli\u003eAligned with major Indian university syllabi (NEP 2020 compatible)\u003c\/li\u003e\n\u003cli\u003eIdeal for self-study, classroom use \u0026amp; semester exam preparation\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eFrom cost sheets and material control to process costing and overhead absorption, \u003cstrong\u003eCost Accounting\u003c\/strong\u003e equips BCom first-year students with the analytical skills and numerical accuracy to excel in their \u003cstrong\u003esemester examinations and future careers in accounting \u0026amp; finance\u003c\/strong\u003e.\u003c\/p\u003e","brand":"KitabKopy","offers":[{"title":"Default Title","offer_id":45135201173680,"sku":"9789389863321","price":300.0,"currency_code":"INR","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0700\/8387\/0896\/files\/CostAccountingforbcomfirstsemester.jpg?v=1780221888","url":"https:\/\/kitabkopy.com\/products\/cost-accounting-b-com-first-semester-complete-theory-solved-numericals-practice-questions","provider":"KitabKopy.com","version":"1.0","type":"link"}