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Finance & Accounting Accounting & Bookkeeping Cost Accounting

Problems & Solutions in Cost Accounting

Unique course covering only Practice Problems in Cost Accounting
Rating: 4.4 out of 54.4 (61 ratings)
17,272 students
Created by Raja Natarajan, B.Com., PGDBA, FCA
Last updated 5/2018
English
30-Day Money-Back Guarantee

What you'll learn

  • Handle Practical Problems in Cost Accounting very easily

Requirements

  • Complete Knowledge of Theoretical Concepts of Cost Accounting

Description

Welcome to this course "Problems & Solutions in Cost Accounting"

As the name says, this course will cover only problems / case studies in Cost Accounting. It means, there will be no separate lectures for Theoretical Concepts. You are expected to know theoretical concepts before taking up this course.

Initially only following topics are published.

a) Problems on Economic Order Quantity

b) Problems on Inventory Levels

c) Problems on Stores Ledgers

d) Problems on Employees Cost

However, over a period of time, various other topics are also proposed to be included in the course. Hence, go through the course curriculum before purchasing and make your decision to buy only after ensuring, topics you require are covered in this course.

This course is structured in self paced learning style. This  course is presented in simple language with examples.

What are the pre-requisites for taking this course?

You should have basic knowledge of Cost Accounting. You would require  good internet connection for interruption free learning process.

Solve problems simultaneously to get better grip on the case studies.

See you inside the course. 

Who this course is for:

  • Students who have Complete Knowledge of Theoretical Concepts in Cost Accounting but need more practical case studies to appreciate concepts better

Course content

4 sections • 25 lectures • 3h 0m total length

  • Preview03:47
  • Preview01:36
  • Preview05:12
  • Problem 4 on Economic Order Quantity
    01:47
  • Economic Order Quantity & Discount on Bulk Order Problem 5
    06:21

  • Problem 3 on Inventory Levels
    07:19
  • Preview04:18
  • Problem on Inventory Levels
    08:28

  • Stores Ledger Account under Base Stock through FIFO Method
    14:51
  • Stores Ledger Account under Base Stock through FIFO Method
    10:02
  • Problem 10 Stores Ledger Account FIFO Method
    12:21
  • Problem 11 Stores Ledger Account Replacement Price Basis
    06:19
  • Stores Ledger and Material Price Variance Case Study
    10:58
  • Stores Ledger with Simple Average, Moving Average & Weighted Average Calculation
    15:12
  • Computation of Best Quantity to Order - Case Study
    09:57
  • Computation of Total Cost of Material Purchased and Unit Cost - Case Study
    08:48
  • Interpretation of Material Turnover Ratio - Case Study
    05:05

  • Computation of Labour Turnover using Additions, Seperations, Replacement and Flu
    07:24
  • Computation of Profit foregone on account of Labour Turnover
    09:10
  • Computation of Earnings of Workers under Taylor's System
    09:00
  • Computation of Total Earnings & Labour Cost per unit under Taylor, Merrick & Gan
    07:31
  • Problem on Halsey Plan
    01:50
  • Problem on Rowan System and Halsey System
    08:07
  • Problem on Time Rate System, Halsey Plan and Rowan Plan
    04:50
  • Bonus Lecture - Discount Coupon Link For Other Courses
    00:14

Instructor

Raja Natarajan, B.Com., PGDBA, FCA
Chartered Accountant
Raja Natarajan, B.Com., PGDBA, FCA
  • 4.2 Instructor Rating
  • 9,508 Reviews
  • 184,135 Students
  • 110 Courses

               I am a Chartered Accountant with tonnes of passion for teaching. 

  I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai. 

          I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc. 

      I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc. 

I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.

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