Fundamentals of Cost Accounting : Principles and Practice

About the Book The book focuses on all aspects of cost accounting useful to managers in their normal functioning of Cost Control and Profit Planning. It Provides a comprehensive coverage to suit the requirements of Undergraduate and Postgraduate courses such as B.Com B.Com (Hons.) M.Com and Professional courses such as BBA CA ICWA MBA MIB MHROD and even the managers who are interested in upgrading their understanding of cost controlling measures. Salient features ? It has been divided into six units: Introduction Material Costing Labour Costing Overheads Costing Methods of Costing and Accounting Systems. ? Activity Based Costing has been discussed in detail. ? Analytical approach in understanding the concepts has been adopted. ? Use of diagrams and exhibits to understand concepts easily and clearly has been made at appropriate places. ? At the end of each chapter a summary of the main points/concepts discussed is given under the Caption Let Us Recapitulate. ? In order to make the concepts crystal clear Objective Type Exercises in two formats (i) True and False and (ii) Fill in the Blanks have been introduced with suggestive answers. ? Each chapter concludes with numerous explanatory Solved Problems. ? Solved Question Paper of Cost Accounting meant for B.Com(Hons.) 2010 Provided. About the Author Dr.H.V.Jhamb is working as an Associate Professor Department of Commerce Sri Guru Tegh Bahadur Khalsa College University of Delhi Delhi. After doing his postgraduation in commerce from the University of Delhi he earned his Ph.D. in the area of International Economic Relations from the University of Delhi. He has over 40 Years of experience. He has two Short-Term UGC Projects to his credit and has scripted various articles on WTO. He is associated with NCERT and NIOS for the Development of Text Materials meant for Senior Secondary students of Commerce and Accountancy. He has been guiding and supervising students for M.Phil and Ph.D. Programmes. He is