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Described need, concept and importance of preparing budgets. Explained fixed budget, flexible budget and master budget
followed by a solved illustration of sales budget.
Student can also watch following lectures related with Cost Accounting :
1. Machine Hour Rate (Overhead Distribution)
• #1 Machine Hour Rate (Overhead Distri...
2. Marginal Costing (Formula Formations) :
• Marginal Costing (Introduction) ~ Old...
3. Contract Costing (Introduction) :
• Contract Costing (Introduction) ~ Cos...
4. Economic Order Quantity (EOQ) - Material Costing :
• Economic Order Quantity (EOQ) ~ Mater...
5. Process Costing - Valuation of Abnormal Loss, Abnormal Effectives and Output :
• #2 Process Costing - Valuation of Abn...
6. Break Even Chart (CVP Analysis) in Marginal Costing :
• Break Even Chart in CVP Analysis ~ Ma...
Students can download relevant study material from the below mentioned link for better understanding of the concepts...
Download Notes: https://drive.google.com/drive/folder...
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