COST ACCOUNTING – II B.COM SEMSTER – 5 PAPER – 2

About Course

Course Description

Cost Accounting – II is a Discipline Specific Elective (DSE) course for B.Com Third Year (Fifth Semester) under Accountancy and Business Statistics.
This course focuses on advanced cost accounting concepts used for cost control, pricing decisions, and managerial planning. It develops analytical ability through practical costing methods, standard costing, variance analysis, and marginal costing techniques.

The course is aligned with NHEQF Level 5.5 and carries 6 academic credits, ensuring both theoretical clarity and problem-solving skills required for commerce graduates.

What Will I Learn?
After completing this course, students will be able to:
• Understand Cost Records under Integral and Non-Integral Accounting Systems
• Prepare Reconciliation Statements between Cost Accounts and Financial Accounts
• Apply Methods of Costing such as Job, Batch, Contract, and Operating Costing
• Analyze Process Costing, including Inter-Process Profits, Joint Products, By-Products, and Work-in-Progress
• Use Standard Costing techniques and calculate Material, Labour, and Overhead Variances
• Apply Marginal Costing concepts for managerial decisions, including BEP, Contribution, Margin of Safety, P/V Ratio, Angle of Incidence, and Operating Leverage
• Maintain proper Cost Records and interpret cost data for decision-making
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Course Content

SYLLABUS

SYLLABUS

SYLLABUS MIND MAP

ONE WEEK SERIES

LAST YEAR PAPER

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COST ACCOUNTING – II B.COM SEMSTER – 5 PAPER – 2

About Course

What Will You Learn?

Course Content

SYLLABUS

SYLLABUS

SYLLABUS MIND MAP

UNIT – I COST RECORDS (Integral System, Non-Integral System, Reconciliation of Cost and Financial Accounts)

UNIT – II METHODS OF COSTING (Job Costing, Batch Costing, Contract Costing, Operating Costing)

UNIT – III PROCESS COSTING (Simple Process Accounts, Inter-Process Profit, Joint Products, By-Products, Work-in-Progress)

UNIT – IV STANDARD COSTING (Meaning, Types of Standards, Setting of Standards, Material, Labour & Overhead Variances)

UNIT – V MARGINAL COSTING (Meaning, Marginal vs Absorption Costing, Contribution, BEP, Margin of Safety, P/V Ratio, Angle of Incidence, Operating Leverage)

ONE WEEK SERIES

PART-A EACH QUESTIONS CARRY 2 MARKS

PART-B EACH QUESTIONS CARRY 8 MARKS

PART-C EACH QUESTIONS CARRY 10 MARKS

LAST YEAR PAPER

PAPER – 2023

PAPER – 2022

PAPER – 2022

PAPER – 2019

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