Cost Accounting is a high value subject and all Commerce graduates must possess knowledge of cost accounting concepts and practices. It helps in planning and controlling of costs of products and services and also in making managerial decisions, which in turn assists in maximization of profit. This volume is an attempt to provide the students with thorough understanding of the cost accounting concepts, methods and techniques.

The book has been divided into 5 units, fully covering the syllabus of B.Com. 3rd Year, 5th Semester for all the Universities in Telangana state as per the CBCS based on the conviction that the student can really learn cost accounting by solving problems, the theory and problems approach had been adopted to fully meet all the examination needs of the students in one book. Thus, apart from well organised theory, the book has sufficient number of solved problems, illustrations and unsolved problems with answers and hints, apart from short answers questions and essay type questions. Also, we had given short answers and long answers, multiple choice questions and fill in the blanks at the end of each unit for easy grasp of the subject. This will help students tackle examination questions with ease. The theory questions and practical problems have been mostly selected from final examination of B.Com., BBA, and BBM mainly from Osmania, Kakatiya, Telangana Universities and other leading Indian Universities and also we had taken questions from CA, CS, ICWA examination, etc. We are sure that this book will prove extremely useful to students and teachers alike.

Contents -

1. Cost Accounting
2. Materials
2(a). Issue and Pricing of Materials
3. Labour and Unit Overheads
4. Unit Costing
4(a). Job Costing
5. Contract Costing
5(a). Process Costing