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All on Costing

The bundle includes lecture notes for all costing related topics. Essential for Management Accountants.

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Introduction to Cost Allocation

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Introduction to cost allocation - why is it needed and the different ways by which it can be done.

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Different Methods of Allocating Costs

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The notes cover the different methods of allocating the indirect costs. The departmental basis of allocation has been explained in great detail including the step down method and the reciprocal method.

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Activity Based Costing

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introduction to Activity Based Costing - methods and terminology

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Calculating Activity Based Cost

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Calculating the activity based cost, its limitations and time driven activity based costing.

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Service Costing

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Comparing the costs for service and manufacturing sectors and coming up with way to allocate the costs for service sector.

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Costing and Pricing Decisions

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This lecture we will be focusing on pricing, costing being a part of it. We will be discussing major factors that affect the pricing decisions and long term and short term decision making. We will also be discussing the different pricing strategies.

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