Sign up now
to enroll in courses, follow best educators, interact with the community and track your progress.
Understanding Costs I (In Hindi)
35 plays

Understanding the need to ascertain costs associated with various classifications.

Ashima Negi is teaching live on Unacademy Plus

Ashima Negi
CBSE UGC NET. Full time Assistant Professor; MBA-FINANCE;BBA;NCFM;PGDM;TQM;ISO & QS9000;Assurance;CCIBL, Youtuber studytalkwithashima

Unacademy user
very nice sir please make more videos of SST
  1. NTA UGC NET 2019 UNDERSTANDING COSTS & ACCOUNTING By:- Assistant Professor (Ms.)Ashima Negi Candidate For Doctorate ( Ph.D.) UGC NET-Management. CA(1), MBA Finance, BBA, PGDM-Materials Management, NCFM, & Assurance, cCIBL. TQM & ISO 9000, QS 9000

  2. COST CLASSIFICATION . Classification of cost means, the grouping of costs according to their common characteristics.

  3. TRACEABILITY . By Nature or Traceability: Direct Costs and Indirect costs. Direct Costs are Directly attributable/traceable to Cost object. Direct costs are assigned to Cost Object. Indirect Costs are not directly attributable/traceable to Cost Object. Indirect costs are allocated or apportioned to cost objects.

  4. FUNCTIONS . By Functions: production,administration, selling and distribution, R&D.

  5. BEHAVIOUR By Behavior: fixed, variable, semi-variable. Costs are classified according to their behavior in relation to change in relation to production volume within given period of time. Fixed Costs remain fixed irrespective of changes in the production volume in given period of time. Variable costs change according to volume of production. Semi-variable costs are partly fixed and partly variable.

  6. unacademy All live & Lessons by all Weekly quizzes structured courses top Educators & doubt-clearing 100 US ASHIMA NEGI Referral Code - negi1983-8777