Cost Accounting 1

Course Outcomes:

CO1: Explain the basic concepts, methods and Techniques of cost accounting.

CO2: Recognize the place of cost accounting in business and management.

CO3: Demonstrate how material and labour costs are accounted. 

CO4: Attain problem solving skills in areas of overhead allocation and absorption. 

CO5: Understand the concept of cost control with respect to cost elements.

CO6: Prepare cost sheet and reconcile cost accounts with financial accounts