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Welcome to Cost Accounting Operating Costing.
Operating Costing is a method of ascertaining cost of providing or operating a service. This costing method is used by entities which provides services rather than the entities engaged in production activities.
The focus of Operating Costing is to arrive is ascertainment of Cost of Services. This costing method is usually made use by
-Gas and Works Departments;
-Electricity Supplies Companies;
In this course, you will learn about
a) Meaning of Operating Costing;
b) How to compute cost of composite units - i.e., Tonne-km., Quintal-km.
c) Preparation of Cost Sheet under Operating Costing
d) Calculation of Bus fare to be charged for each passenger
e) Computation of Cost per absolute ton kilometer
f) Evaluation of conveyance facilities.
This course is structured in self paced learning style.
Video lectures were used for delivering the course content.
Welcome to this course once again.
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|Section 1: Introduction|
Meaning of Operating CostingPreview
Cost Sheet under Operating Costing
|Section 2: Case Studies|
Case Study - Composite UnitsPreview
Case study bus fare
Case Study Cost per absolute ton km
Case Study evaluation of facilities
Bonus Lecture - Discount Coupon Links for other 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.