BHAKTAVATSALAM MEMORIAL COLLEGE FOR WOMEN

KORATTUR, CHENNAI – 600080

PG & RESEARCH DEPARTMENT OF COMMERCE
ACADEMIC YEAR 2016-2017
LESSON PLAN
SUBJECT NAME: COST ACCOUNTING - II CLASS / SEM: VI B.COM A/F

SUBJECT CODE: BPG5A

STAFF IN-CHARGE:

GENERAL OBJECTIVES:

The student will be able:

 To understand the concept cost accounting
 To understand the basic rights job and batch costing.
 To educate the provisions, powers of tender and quotation.
 To impart the knowledge regarding EBQ.

UNIT- I
INTRODUCTION
Unit wise objectives :
To understand the introduction of cost accounting
To know the classifications of unit and jobcosting
To understand the concept of tender and quotation.
To understand the limitation of jobcosting.

S. Topic Objective(s) of the Hrs. Teaching Resources

No Topic Required Methodology/ referred
Techniques

1. Introduction To understand the 1 Lecture Pillai and

tocosting, Meaning, concept of cost Bagavathy,Reddy
definition & accounting and murthy
methods of costing

2. Importance and To learn about the 1 Lecture M1

features of job features and
costing limitation of job
costing also
importance of job
costing

3. Procedure of job To understand the 1 M1 and Internet

costing problems faced by Resources
an order also
 explained about
customer order and
production order
completion of job

4. Batch costing and To learn the 1 Lecture M1 & Wikipedia

EOQ concept and scope
of batch costing
and EOQ

5. Prepare of cost To recall the 2 Lecture M1

sheet students about cost
sheet.
Problem sums of To workout the cost
cost sheet sheet to find prime
cost ,workcost,and
sales
To understand 1
6 Problems of EOQ setting up cost per lecture
batch,
manufacturing cost
for thebatch,rate of
consumption of the
productand interest
rate on capital.
7 Problems of cost To recall the 1
sheet students problem
sums

8 Cost sheet Conducted test for 1 Test

the students

Learning Outcomes:

On learning this unit, the student should be able to:

 Enhancing the knowledge regarding the cost sheet.
 Understanding the concept of job costing and batch costing.
 To solve the problems of cost sheet EOQ
GENERAL OBJECTIVES:

The student will be able:

 To understand the concept cost accounting
 To understand the basic rights job and batch costing.
 To educate the provisions, powers of tender and quotation.
 To impart the knowledge regarding EBQ.

UNIT- II
INTRODUCTION
Unit wise objectives :
To understand the introduction of contract costing.
To know the classifications of contract costing.
To understand the concept to prepare contract account.
To understand the purpose of preparing balance sheet.

S. Topic Objective(s) of the Topic Hrs. Teaching Resources

No Required Methodology/ referred
Techniques

1. Introduction of To understand the methods 1 Lecture M1

contract accounting widely used in construction
works
To understand the students
by giving examples
buildings,road,ship,damsetc

2. Importance and To learn about the features 1 Lecture M1

features of contract and limitation of contract
costing costing also importance of
contract costing is a
specific contract

3. Procedure of To understand the problems 1 M1 and

contract costing and faced by an order also Internet
difference between explained about recording Resources
job costing and of cost of a
contract costing contract,recording of value
and profit of contract.

4. Problem sum of To understand the student 2 Lecture M1 &

simple finished to solve the contract Wikipedia
contract. problem sums also explain
contract ledger
5. Prepare the To know how to slove the 2 Lecture M1
problem sums of problems of contract price.
contract To understand the student
accounting the formula of contract price.
model of transfer
of profit to profit
and loss account.

To understand to slove the 3

6 Problem of problems of contract lecture
incomplete account .
contracts account To calculate of work
and transfer of uncertified.
profit to P & L To calculate the incomplete
account. contracts,contract account
and balance sheet

7 Problems of To recall the students 2

contract problem sums Recall by
accounting seminar

8 Contracts Conducted test for the 1 Test

account students

Learning Outcomes:

On learning this unit, the student should be able to:

 Enhancing the knowledge regarding contract accounting
 Understanding the concept of contracts account..
 To solve the problems of contract account and contractee a/c and Balance sheet.

The student will be able:

 To understand the concept process costing
 To understand the basic chaaracters of process costing
 To know the how the industries using process costing.
 To impart the knowledge aspects of process costing
 UNIT- III
INTRODUCTION
Unit wise objectives :
To understand the introduction process costing
To know the classifications of process costing..
To understand the concept to solve the problems sums.
To understand abnormal loss and gain

S. No Topic Objective(s) of the Topic Hrs. Teaching Resources

Required Methodology/ referred
Techniques

1. Introduction of To understand the 1 Lecture M1

process accounting students where
production is not on
the basis of specific
order the output is
identical process
method can be used.

To understand the
students by giving
example mine,textiles
,chemicals, sugar etc.,

2. Importance and To learn about the 1 Lecture M1

features of contract features and limitation
costing of contract costing
also importance of
contract costing is a
specific contract

3. Procedure of process To understand the 1 M1 and

costing and problems faced by an Internet
difference between order. Resources
job costing process Toknow procedure of
costing costing

4. Importance aspeccts To understand the 2 Lecture M1 &

of process costing student important Wikipedia
To know the aspects 1.process
computation of losses2. Inter process
abnormal losses and profit 3. Work in
gain progress4. By
products
5. Prepare the problem To know how to solve 2 Lecture M1
sums of process the problems of
accounting the processcontract.
model of simple To understand the
process accounting students of abnormal
losses and gains.
To understand to 3
6 Problem of solve the problems of lecture
abnormal losses and process account .
gain To calculate abnormal
loss.
To calculate abnormal
gain
7 Problems of process To recall the 2
accounting students problem Revision for
sums unit test

8 Process account Conducted test for 1 Test

the students

Learning Outcomes:

On learning this unit, the student should be able to:

 Enhancing the knowledge regarding process accounting
 Understanding the concept of process account..
 To solve the problemsof one process and two process.
 UNIT- IV
INTRODUCTION
Unit wise objectives :
To understand the introduction operating costing.
To know the classifications of operating costing.
To understand theoperatinc costing in some service industries.
To understand the objectives of transport,cinematheatres,lodging houses,

S. Topic Objective(s) of the Topic Hrs. Teaching Resources

N Require Methodolog referred
o d y/
Techniques

1. Introduction To understand the methods widely used 1 Lecture M1

of operating in passenger transport
accounting ,hospitals,lodginghouse,cinemetheatres,p
ower generation.

2. Importance To learn about the features and 1 Lecture M1

and features of limitation of some transport,
operating To know about the types os problems
costing like running cost, cost per passenger etc

3. Procedure of To understand the problems faced by an 1 M1 and

operatingcosti order also explained about recording of Internet
ng operating cost Resource
s
4. Problem sum To understand the student to solve the 2 Lecture M1 &
of operating problem sum of operating costing Wikipedi
cost a
5. Prepare the To know how to solve the problems of 2 Lecture M1
problem sums operating costing
of operating To understand the student formula of
accounting to operating prices
calculate the
total tonne
KMS per
month or per
day
6. Problems of To recall the students problem sums 2
operating Recall by
accounting seminar

8 operating Conducted test for the students 1 Test

costing

Learning Outcomes:

On learning this unit, the student should be able to:

 Enhancing the knowledge regarding operating accounting
 Understanding the concept of operating account..
 To solve the problems of distance cost

UNIT- V
INTRODUCTION
Unit wise objectives :
To understand the introduction of marginal costing.
To know the concept of BEP analysis.
To understand the concept of CVP analysis
To understand the importance of.margin of safety.

S. No Topic Objective(s) of the Topic Hrs. Teaching Resources

Required Methodology/ referred
Techniques

1. Introduction of To understand the 1 Lecture M1

marginal costing methods of marginal
costing is on
behaviour of the costs
and their impact
onprofitability

2. Importance and To learn about the 1 Lecture M1

features of marginal features and limitation
costing of marginal costing
Meaning and To understand the
definition of relationship between
marginal costing the volume of
business its cost and
profit in CVP
 analysis.

3. Procedure of To understand the 1 M1 and

marginal costing problems faced by an Internet
fixed cost, variable Resources
cost contribution P/V
ratio.

4. Summary of To understand the 1 Quiz method M1 &

formulae for break student about Wikipedia
even analysis or cost formulas and give full
volume profit revision of formulas
analysis