Managerial Accounting is a high value subject and all commerce graduates must possess knowledge of managerial 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 five chapters to fully cover the syllabus of B.Com. (General) of Telengana University as per CBCS. Based on the conviction that students can really learn managerial accounting by solving problems, the theory and problems approach has 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 and illustrations and unsolved problems with answers and hints, apart from short answer questions and essay type questions. The theory questions and practical problems have been mostly selected from examinations of B.Com., BBA and BBM of various leading Indian universities and also CA, CS, ICWA examinations, etc.
2. Marginal Costing and Break-even Analysis
3. Management Decision-Making
4. Budgeting and Budgetary Control
5. Standard Costing and Variance Analysis