Dear BAF Students,
Kindly find the attached video file of cost accounting mumbai university paper solution 2017.
In this video you can watch solutions for following topics
- How to Calculate Cost of a Product for a manufacturing company – Cost Sheet
- Reconciliation of Profit as per Cost Accounts and Profit as per Financial Accounts for Non Integrated Accounts
- Process Costing to Calculate the cost of each process and then the Total cost of the Final product.
- Covers how to account for Normal Loss, Abnormal Loss and Abnormal Gain
- Contract Costing
- How to transfer profit on Incomplete contract as per AS 7 – Accounting for Construction Contracts
- Calculation of Work Certified, Work Uncertified, cash retained, cash received from contractee
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