Problems on Cost Accounting
Study Material
INTEGRATED PROFESSIONAL COMPETENCE COURSE
Cost Accounting and Financial Management
Part 1 : Cost Accounting
Vol. I
The Institute of Chartered Accountants of India
(Set up by an Act of Parliament) New Delhi
PAPER
3
COST ACCOUNTING AND FINANCIAL MANAGEMENT
Part – 1 : Cost Accounting
VOLUME – I
BOARD OF STUDIES THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
This study material has been prepared by the faculty of the Board of Studies. The objective of the study material is to provide teaching material to the students to enable them to obtain knowledge and skills in the subject. Students should also supplement their study by reference to the recommended text books. In case students need any clarifications or have any suggestions to make for further improvement of the material contained herein, they may write to the Director of Studies. All care has been taken to provide interpretations and discussions in a manner useful for the students. However, the study material has not been specifically discussed by the Council of the Institute or any of its Committees and the views expressed herein may not be taken to necessarily represent the views of the Council or any of its Committees. Permission of the Institute is essential for reproduction of any portion of this material.
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
All rights reserved. No part of this book may be reproduced, stored in retrieval system, or transmitted, in any form, or by any means, Electronic, Mechanical, photocopying, recording, or otherwise, without prior permission in writing from the publisher. Website E-mail ISBN No. Published by : : : : www.icai.org bosnoida@icai.org 978-81-8441-132-4 The Publication Department on behalf of CA. R. Devarajan, Additional Director of Studies (SG), The Institute of Chartered Accountants of India, A-94/4, Sector –58, Noida-201 301, India. Typeset and designed at Board of Studies. Printed by : Sahitya Bhawan Publications,
INTEGRATED PROFESSIONAL COMPETENCE COURSE
Cost Accounting and Financial Management
Part 1 : Cost Accounting
Vol. I
The Institute of Chartered Accountants of India
(Set up by an Act of Parliament) New Delhi
PAPER
3
COST ACCOUNTING AND FINANCIAL MANAGEMENT
Part – 1 : Cost Accounting
VOLUME – I
BOARD OF STUDIES THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
This study material has been prepared by the faculty of the Board of Studies. The objective of the study material is to provide teaching material to the students to enable them to obtain knowledge and skills in the subject. Students should also supplement their study by reference to the recommended text books. In case students need any clarifications or have any suggestions to make for further improvement of the material contained herein, they may write to the Director of Studies. All care has been taken to provide interpretations and discussions in a manner useful for the students. However, the study material has not been specifically discussed by the Council of the Institute or any of its Committees and the views expressed herein may not be taken to necessarily represent the views of the Council or any of its Committees. Permission of the Institute is essential for reproduction of any portion of this material.
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
All rights reserved. No part of this book may be reproduced, stored in retrieval system, or transmitted, in any form, or by any means, Electronic, Mechanical, photocopying, recording, or otherwise, without prior permission in writing from the publisher. Website E-mail ISBN No. Published by : : : : www.icai.org bosnoida@icai.org 978-81-8441-132-4 The Publication Department on behalf of CA. R. Devarajan, Additional Director of Studies (SG), The Institute of Chartered Accountants of India, A-94/4, Sector –58, Noida-201 301, India. Typeset and designed at Board of Studies. Printed by : Sahitya Bhawan Publications,