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Chapter

Cost Accounting Techniques

Cost AccountingSection C: Cost Accounting Techniques (30%)30 marks

12 topics

  1. Marginal Costing: Concept of Marginal Cost and Marginal Costing
  2. Marginal Costing: Absorption Costing vs. Marginal Costing
  3. Marginal Costing: Cost - Volume - Profit (CVP) Analysis
  4. Marginal Costing: Margin of Safety
  5. Marginal Costing: Application of Marginal Costing for Decision Making
  6. Standard Costing and Variance Analysis: Concept of Standard Cost and Standard Costing
  7. Standard Costing and Variance Analysis: Advantages and Limitations
  8. Standard Costing and Variance Analysis: Computation and Analysis of Variances (Material and Labour Costs only)
  9. Budget and Budgetary Control: Concepts, Types of Budget
  10. Budget and Budgetary Control: Budgetary Control vs. Standard Costing
  11. Budget and Budgetary Control: Advantages and Limitations
  12. Budget and Budgetary Control: Preparation of Budgets
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