Job Costing (Job cost cards and databases, Collecting direct costs of each job, Attributing overhead costs to jobs, Applications of job costing)
Contract Costing - Progress payments, Retention money, Escalation clause, Contract accounts, Accounting for material, Accounting for plant used in a contract, Contract Profit and Balance sheet entries.
Service Costing and Output Costing_x0002_Introduction; Motor Transport Costing only
Process Costing: Meaning, Features, Process vs Job Costing, Principles of cost ascertainment for Materials, Labour & Overhead
Normal loss, Abnormal loss and gain and preparation of process accounts
Inter-process profit (simple cases)
Valuation of WIP and Equivalent units (excluding intermediary process).