Goal: To expose students to the terminology, methods, techniques and basic principles of
costing and cost control methods.
Objectives: On completion of
this module the students should be able to:
1.0 Understand cost accounting, its scope, purpose, and methods.
2.0 Understand nature, elements and classifications of
cost.
3.0 Understand cost control.
4.0 Know Cost Centres, costing documents and records.
5.0 Understand the term materials, store keeping, purchasing and inventorycontrol,
pricing materials issued and valuation methods.
pricing materials issued and valuation methods.
6.0 Understand labour: factory procedures, recruitment, payroll control and
measurement of efficiency.
measurement of efficiency.
7.0 Understand the nature and classification of overheads.
So learn!
https://britstutors.blogspot.com/2018/11/shine-your-eye-volume-3.html
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LCP!
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Odunaro B.J
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