Material Cost | One Shot | Cost Accounting | Jun/Dec 24 | Palak Sharma

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Cost Accounting Playlist:    • Cost Accounting | Jun/Dec 24  

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Timestamp:
00:00:00 Introduction
00:01:20 Material
00:05:36 Direct and Indirect Material
00:10:20 Material Control
00:11:31 EOQ (Economic Order Quantity)
01:03:50 Stock level
01:27:30 Inventory Turnover Ratio
01:32:06 Inventory Accounting and Valuation
01:53:10 Valuation of Material Issues
01:56:00 FIFO, LIFO, Base Stock
02:22:46 Specific Price Method
02:23:23 Simple Average, Weighted Average, Moving Simple Average, Moving Weighted Average
02:39:50 Replacement and Realisable Price Method
02:43:00 Inflated Price Method
02:44:37 Standard Price Method
02:50:00 Material Control - Theory
02:52:58 Objectives of Material Control
02:53:30 Importance of Material Control
02:53:00 Requisites of Material Control System
02:57:00 Procurement of Material
02:57:54 Centralised vs Decentralised Purchase Organisation
03:03:05 Different documents for Material Receipt
03:14:30 Inventory Management and Control
03:21:20 Perpetual Inventory System
03:24:19 Bin Card vs Stores Ledger
03:25:00 Perpetual Inventory System vs Continuous Stock Taking
03:28:00 Physical Verification of Stock vs Continuous Stock Taking
03:29:28 ABC Analysis
03:31:00 FSN Analysis
03:33:15 VED Analysis
03:34:57 Just in Time
03:36:53 Valuation of Work-in-Progress
03:38:00 Waste, Scrap and Spoilage
03:44:00 Carriage and Cartage Expenses
03:44:39 Treatment of Tools Cost
03:45:00 Treatment of Packing Cost
03:46:00 Treatment of Variances at Stock Trading
03:47:00 Revision of Complete Material Cost


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