BE Mechanical 2003 Structure - K. K. Wagh Education Society

(402051): Costing and Cost Control (Elective II)
Teaching Scheme
Examination Scheme
Lectures: 4 Hrs/Week Paper: 100
1. Introduction:
Evolution of Management Accounting elements of costs; profitability and other
objectives, product services and market mix, reporting for decision making.
2. Cost Allocation:
Cost accumulation and allocation, allocation of service department cost,
allocating cost from other departments, methods of allocation.
3. Joint cost and by-products:
Introduction, method of allocating joints cost, accounting of by-products.
4. Replacement cost and other models:
Introduction , models including discounted cash flow.
5. Cost volume Profit analysis:
Assumptions and interrelationship between CV and P. Deterministic modelbreak-even
point including multi-product situation, production constraints.