![](https://www.knowledgehorizonindia.com/wp-content/uploads/2021/11/Cost-Accounting.jpg)
These topics will equip you with the knowledge and tools to apply them in your field and functional areas. With an innovative instructional and presentation methodology, we have tried to simplify quantitative subjects like Cost Accounting with the help of animations, hence naming it as Animated Business Concepts (ABC). Not alone do these topics save lots of your precious time, but they likewise furnish a productive and efficient learning experience owing to the use of excellent audio-visual presentation strategies. The idea is to make the concepts available to you as simply simple, easily accessible and enjoyable which can be used by you as quick reference learning material with the help of which you can fill your knowledge gap on Finance easily and apply it as per your specific requirements.
This course on Cost Accounting would be of immense value to business and accounting students, final year students of MBA/PGDBA/MCA/CA/CS/ICWAI/ BCOM/ BBA/I.Com and entrepreneurs teachers, entrepreneurs, business owners, managers, working professionals from any function such as Marketing, Operations, HR, Accounts, etc., and from any industry.
The Online Self-learning Course includes access to – Videos (70) + Job Aids (20) Printable and Downloadable + Assessment Questions (210): Learning Seat Time: 485 minutes (Estimated)
![Statement-of-Cost](https://www.knowledgehorizonindia.com/wp-content/uploads/2021/11/BS_24_Statement-of-Cost.png)
Statement of Cost
At the end of this concept you will be able to:
- Calculate the cost of material consumed
- Understand Direct Cost and Overhead Cost
- Understand Selling & Distribution Overhead
- Understand Prime Cost
- Understand the Cost of Production
- Understand the Cost of Sales
- Calculate the profit
![Pricing-of-Inventory](https://www.knowledgehorizonindia.com/wp-content/uploads/2021/11/BS_25_Pricing-of-Inventory.png)
Pricing of Inventory
At the end of this course you will be able to:
- Understand the inventory valuation under FIFO method
- Understand the inventory valuation under LIFO method
- Understand the inventory valuation by Base Stock method
- Understand the inventory valuation by Simple Average method
- Understand the inventory valuation by Weighted Average method
![Labour-Costing](https://www.knowledgehorizonindia.com/wp-content/uploads/2021/11/BS_26_Labour-Costing.png)
Labour Costing
At the end of this course you will be able to:
- Understand Time Rate System of Wage Payment
- Understand Straight Piece Rate System of Wage Payment
- Understand Taylor Differential Piece Rate System of Wage Payment
- Understand Merrick Differential Piece Rate System of Wage Payment
- Understand Piece Rate with Guaranteed Rate System of Wage Payment
- Understand Gantt Task Bonus System of Wage Payment
- Understand Halsey Premium Plan of Wage Payment
![Income-Statement](https://www.knowledgehorizonindia.com/wp-content/uploads/2021/11/BS_6_Income-Statement1.png)
Activity Based Costing
At the end of this course you will be able to:
- Understand Activity Based Costing
- Understand Apportionment of Power and Machine Set-up Cost
- Understand Apportionment of Works Manager Salary and Depreciation Costs
- Understand Apportionment of Administrative Costs
- Understand Apportionment of Selling & Distribution Costs
- Understand Allocation of Direct Cost
![Service-Costing](https://www.knowledgehorizonindia.com/wp-content/uploads/2021/11/BS_30_Service-Costing.png)
Service Costing
At the end of this course you will be able to:
- Classify the Costs for Service Costing
- Classify Fixed Cost for Service Costing
- Classify Variable Cost for Service Costing
- Classify Semi-Fixed Cost for Service Costing
- Understand the Total Cost of Servicing
- Understand how to Find the Price of a Service