Problems & Solutions in Cost Accounting

Unique course covering only Practice Problems in Cost Accounting

Take this Course for $21
Welcome to this course "Problems & Solutions in Cost Accounting"
As the name says, this course will cover only problems / case studies in Cost Accounting. It means, there will be no separate lectures for Theoretical Concepts. You are expected to know theoretical concepts before taking up this course.
In this course, you will see various numbers of case studies solved under following topics:
a) Material Costing
b) Labour Costing
c) Overheads
Few additional topics may be added in the coming days.
This course is structured in self paced learning style.
Excel / PPTs used for solving problems / case studies will be available for download.
Solve problems simultaneously to get better grip on the case studies.

See you inside the course.

Course Curriculum

Problem 1 on Economic Order Quantity
Problem 2 on Economic Order Quantity
Problem 3 on Economic Order Quantity
Problem 4 on Economic Order Quantity
Economic Order Quantity & Discount on Bulk Order Problem 5
Problem 3 on Inventory Levels
Problem 4 on Inventory Levels
Problem on Inventory Levels
Problem 8 Stores Ledger Account under Base Stock through FIFO Method
Problem 9 Stores Ledger Account under Base Stock through FIFO Method
Problem 10 Stores Ledger Account FIFO Method
Problem 11 Stores Ledger Account Replacement Price Basis
Stores Ledger and Material Price Variance Case Study
Stores Ledger with Simple Average, Moving Average & Weighted Average Calculations - Case Study
Computation of Best Quantity to Order - Case Study
Computation of Total Cost of Material Purchased and Unit Cost - Case Study
Interpretation of Material Turnover Ratio - Case Study
Computation of Labour Turnover using Additions, Seperations, Replacement and Flux Method
Computation of Profit foregone on account of Labour Turnover
Computation of Earnings of Workers under Taylor's System
Computation of Total Earnings & Labour Cost per unit under Taylor, Merrick & Gantt Task Bonus Plan
Problem on Halsey Plan
Problem on Rowan System and Halsey System
Problem on Time Rate System, Halsey Plan and Rowan Plan

CA N Raja Natarajan


I am a Chartered Accountant with tonnes of passion for teaching.

I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai.

I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc.

I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc.

I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.