Block 1 – Basic Concepts
Nature and Scope
Concept of Cost and its Ascertainment
Block 2 – Materials and Labour
Procurement, Storage and Issue
Inventory Control
Pricing the Issue of Materials
Labour
Block 3 – Overheads
Classification and Distribution of Overheads
Absorption of Factory Overheads
Treatment of Other Overheads
Block 4 – Methods of Costing
Costing
Reconciliation of Cost and Financial Accounts
Job and Contract Costing
Process Costing
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