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Learn Cost Accounting Basics

You will understand Introduction to Cost Terms and Purposes cost volume – profit analysis and determining how costs behave.

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2

Hours

You will understand Introduction to Cost Terms and Purposes cost volume – profit analysis and determining how costs behave.

Through these tutorials we will brush upon the very basic of cost accounting and understand many terms linked with it. The training has been taken with the support of practical illustrations and examples to know the topics better.

The training would include the following:

1. Introduction to Cost Terms and Purposes

2. Cost-Volume-Profit Analysis

3. Determining How Costs Behave


 

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  • Introduction
    • Introduction to Cost Accounting
  • Cost Terms and Purpose
    • Direct and Indirect Cost Accounting
    • Behavior of the Cost
    • Example of Behavior of the Cost
    • Cost Function and Cost Estimation
    • High Low Method
    • Example of High Low Method of Cost
  • Cost Volume Profit Analysis
    • Cost Volume Profit Analysis
    • CVP Model Analysis Assumption
    • Example CVP Model Analysis Assumption
    • Contribution Margin ratio of Cost
    • Fixed Cost and Sales Volumes
    • Equation Method of Cost
    • Contribution Margin Method of Cost
    • Margin of Safety and its Example
    • Margin of Safety and its Example Continues
    • Examples Cost Accounting (All Accepted)


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