Process costing emphasis on inter-process profit and equivalent production
Product and Production Decisions, Make or buy decision,Shut down or continue decision, Expand or contract decision, Export Vs. domestic sale decision etc
Marketing and Pricing Decisions, Theory of price, Pricing policy, New product pricing, Pricing strategies, Export pricing, evaluation of distribution alternatives, pricing of joint-product and Bye-product. Learning Curve Theory
Transfer Pricing: Problems, methods and concept of transfer pricing with reference to profit centres, Methods of transfer pricing, Objectives of transfer pricing system. Multi-National Transfer Pricing, Cost reduction and Value analysis
Recent Developments In Cost Management : Manufacturing Resource Planning(MRP), Just In Time(JIT), Backflushing , Synchronous Manufacturing. Value Chain Analysis
Business Process Re-engineering, Pareto Analysis, Throughput Accounting, Life Cycle Costing, Target Costing, Total Quality Management (TQM)
Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless