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Explained the procedure to prepare a flexible budget with the help of a practical problem.
Student can also watch following lectures related with Cost and Management Accounting :
1. Machine Hour Rate (Overhead Distribution)
https://www.youtube.com/watch?v=MSFlK...
2. Marginal Costing (Formula Formations) :
https://www.youtube.com/watch?v=a5Iuu...
3. Contract Costing (Introduction) :
https://www.youtube.com/watch?v=Dk63l...
4. Economic Order Quantity (EOQ) Material Costing :
https://www.youtube.com/watch?v=WbaxW...
5. Process Costing Valuation of Abnormal Loss, Abnormal Effectives and Output :
https://www.youtube.com/watch?v=nV4dS...
6. Break Even Chart (CVP Analysis) in Marginal Costing :
https://www.youtube.com/watch?v=EMVs0...
Students can download relevant study material from the below mentioned link for better understanding of the concepts...
Download Notes: https://drive.google.com/drive/folder...
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