Beruflich Dokumente
Kultur Dokumente
Profitability Ratios
Turnover Ratios
Unit IV: Understanding Cost Behaviour
Classification of costs - Fixed, Variable, Semi variable, Product and Period costs, Direct &
Indirect costs, Relevant and Irrelevant costs, Shut down cost, Controllable and Uncontrollable
costs, Sunk cost, Opportunity costs, Expired & unexpired costs, Conversion cost
Cost-Volume-Profit Analysis
Contribution
PV Ratio
Margin of Safety
Break-Even Point
Unit V: Budgeting and Variance Analysis
Budgeting
Role of budgeting
Process of budgeting
Types of Budgets: Fixed and Flexible, Zero based budgeting
Variance
Standard Costing
Variance Analysis: Material, Labour & Overhead
Pedagogy
Tutorials, Interactive sessions, Practice Exercises, Case studies, Group Projects - the course is
covered by adopting a combination of lecture methods, class presentation by groups of
students, practical exercises and self study sessions.
Examination Scheme:
Sl.
No
Evaluation
Component
Weight
(%)
Assignment
Learning
outcomes
Date of completion
of evaluation
05
1,3
Quiz
10
2,3,4
Class Participation
10
2,3,4
Class Test
15
1,2,3,4
End Term
60
1,2,3,4
As per Univ.
schedule
Total
100
Date for
Evaluation
Text:
Horngren C T, Sundem G L, Stratton W O, Burgstahler D and Schatzberg J.
Introduction to Management Accounting. PHI Learning Pvt Ltd.
Horngren C T, Sundem G L, Elliott J A and Philbrick D R., Introduction to Financial
Accounting, Pearson
References:
Horngren, C.T., Foster, G, and Datar, S.M. Cost Accounting: A Managerial Emphasis.
New Delhi: Prentice Hall of India Pvt. Ltd.
Ambrish Gupta, Financial Accounting for Managers: An Analytical Perspective,
Prentice Hall.