Cost Analysis and Control - Practical

Paper Code: 
24DATG804
Credits: 
2
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to apply cost analysis and control techniques to real-world business scenarios, enhancing their decision-making skills.

Course

Learning outcome

   (at course level)

Learning and teaching strategies

Assessment Strategies 

Course Code

Course title

24DATG804

Cost Analysis and Control – Practical (Practical)

CO 241: Analyze pricing under different market structures. 

CO 242: Apply learning curve theory 

CO 243: Analyze different methods of transfer pricing 

CO 244: Apply transfer pricing for improved profitability and cost control.

CO 245: Apply Pareto Analysis for improved profitability and cost control.

CO246: Contribute effectively in course-specific interaction

Approach

in

teaching:

Interactive

Lectures,

Discussion,

Tutorials,

Reading

assignments; Solving

Questions.

 

Learning

activities

for the

students:

Self-learning

assignments, Case Study analysis, Presentation,

  

Class test, Semester end examinations, Quiz, Solving problems, Assignments, Presentation, Individual and group projects.

 

6.00
Unit I: 
: Pricing:

• Conduct market research to analyze pricing under different market structures. (any one)
• Evaluate pricing policies and methods (cost-based, competition-based, value-based) through case studies

Unit II: 
Learning Curve:

• Collect data from relevant industries to study and apply the learning curve theory.
• Analyze the relationship between cumulative production and unit costs

6.00
Unit III: 
Transfer Pricing:

• Study and compare market-based, cost-based, and negotiation-based methods of transfer pricing

6.00
Unit IV: 
Decisions Based on Transfer pricing:

• Analyse real-life transfer pricing decisions in different circumstances and industries.

6.00
Unit V: 
Pareto Analysis:

• Apply Pareto Analysis in real-life scenarios to identify critical cost factors and prioritize improvement efforts.

Essential Readings: 

• Jain, Khandelwal &Pareek, Cost Accounting Ajmera Book Company, Jaipur
• Agarwal, Jain, Sharma, Shah & Mangal, Cost Accounting Ramesh Book Depot, Albright, S. C., Winston, W. L., & Zappe, C. (2019). Data Analysis and Decision Making (6th ed.). Cengage Learning.
• JawaharLal, Cost Accounting Tata Mcgraw Hill, New Delhi

References: 

Suggested Readings:
• Arora, M.N.,Cost Accounting Principles and Practice, Vikas Publication, New Delhi
• Kishore R.M.., Cost Accounting Taxmann’s New Delhi
• Nigam, B.M Lal,& Jain, I.C. , Cost Accounting PHI, New Delhi
• Maheshwari, S.N, Cost Accounting Mahavir Publication
• Madegowda. J. Cost Accounting Himalaya Publishing House

e Content:
• https://devlibrary.in/manager ial and cost accounting/
• https://www.icsi.edu/media/website/CostAndManagementAccounting.pdf
• https://books.google.com/books/about/Cost_Accounting_Text_and_Problems.h...

Reference Journals:
• The Indian Journal of Commerce
• FIIB Business Review

Academic Year: 
2024-2025
  • Printer-friendly version
  • PDF version