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Costing

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Dear BAF Students,

Kindly find the attached video file of cost accounting mumbai university paper solution 2017.

In this video you can watch solutions for following topics

  1. How to Calculate Cost of a Product for a manufacturing company – Cost Sheet
  2. Reconciliation of Profit as per Cost Accounts and Profit as per Financial Accounts for Non Integrated Accounts
  3. Process Costing to Calculate the cost of each process and then the Total cost of the Final product.
  4. Covers how to account for Normal Loss, Abnormal Loss and Abnormal Gain
  5. Contract Costing
  6. How to transfer profit on Incomplete contract as per AS 7 – Accounting for Construction Contracts
  7. Calculation of Work Certified, Work Uncertified, cash retained, cash received from contractee

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