1.1Explain the relationship of cost accounting to financial
1.1Explain the relationship of cost accounting to financial.
1.1Explain the relationship of cost accounting to financial and managerial accounting1.2Compare and contrast various Cost classification methods1.3Estimate inventory values using different methods1.4Differentiate between cost, profit, investment and revenue centres.1.5Separate the fixed and variable elements of total costs using a suitable method in a given situation3.1Explain and illustrate the difference between standard cost card under marginal and absorption costing3.2Compute and interpret price and usage variances for material, labour, and overhead inputs3.3Reconcile budgeted profit with actual profit under standard absorption costing.More details in File2000 word without number of refrence
1.1Explain the relationship of cost accounting to financial
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