Cost Accounting free videos and free material uploaded by IIT Bombay Staff .
Week 1:
Introduction to Cost Accounting
Classification of Costs
Marginal Costing
Cost Volume Profit Analysis
Margin of Safety
Week 2:
Application of Breakeven Point Analysis
Sensitivity Analysis
Case of Ayur Pharma
Different Decision Scenarios and Profit Planning
Relevant Costs in Decision Making
Week 3:
Case Study: Break-even point
Case Study: JSW ISPAT Steel
Case Study on Projection: Divya Aushadhi Ltd
Case Study: Shree Cements
Budgeting and Budgetary Control
Week 4:
Functional Budget
Cash Budget
Standard Costing And Variance Analysis
Material Cost Variance
Overhead Variance
This course discusses basic concepts of cost accounting and control.
COURSE OBJECTIVES This course is designed to Help the participants to become intelligent users of cost information for (a) Computing cost of product/ process/ project/ activity. (b) Controlling and managing the cost (c) Decision making like pricing, Make or buy, profit planning. (d) Planning and Budgeting
INTENDED AUDIENCE : Students, employees, entrepreneurs (The course will apply to participants various disciplineslike Engineering, Sciences, Management, Commerce, Arts, Humanities, Heath, Medicine)
PREREQUISITES : Nil
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