Cost Terms, Concepts, and Classifications with Cost Sheet | Lecture 13 | FMA
Автор: Rayan's Classroom
Загружено: 2025-12-23
Просмотров: 251
In this video, you’ll learn Cost Terms, Cost Concepts, and Cost Classifications in Managerial Accounting, explained clearly and step by step with a complete Cost of goods manufactured and cost of goods sold.
This lecture covers all the fundamental cost accounting concepts required for university exams, professional courses, and practical understanding.
🔍 In this video, you’ll learn:
✅ Meaning of Cost in accounting
✅ Important Cost Terms (Cost Unit, Cost Center, Direct Cost, Indirect Cost)
✅ Cost Concepts (Opportunity Cost, Sunk Cost, Relevant Cost, Fixed & Variable Cost)
✅ Cost Classifications (By Nature, Function, Behavior, Time)
✅ Preparation of a Cost Sheet with proper format
✅ Practical examples for easy understanding
This video is highly useful for:
🎓 BBA, CSE, Commerce students
📘 Managerial Accounting learners
📝 Exam preparation & concept clarity
🎯 Learn Cost Accounting the easy way — with clear explanations, structured notes, and practical examples.
💡 Subscribe to Rayan’s Classroom for complete university-level accounting courses.
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#rayansclassroom #financialandmanagerialaccounting #managerialaccounting #costsheet
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