Principles Of Cost Accounting Final Projected Topics

Principles of Cost Accounting paper will be written on 1st September, 2023 at 8:30am. Let’s take a look at the projected topics for this subject.

As you already know, our projected topics are being selected based on the GES/WAEC syllabus. Also we select them based on some analysis on the Past Questions.

Due to this, our projected topics have a very high possibility of appearing on the WASSCE paper. Feel free and go through these projected topics.  You are also advised to study other topics that may not appear in the topics below.

FINAL PROJECTED TOPICS

1. Marginal costing

2. Standard costing

3. Job costing

4. Control Account

5. Budget And Budgetary Account

6. Elements of costing

7. Contracts Costing

8. Accounting for Labour

9. Overhead Analysis SHEET Break-even analysis

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Here are some likely questions for candidates

6. (a) Explain the activity based costing model.
(3 marks )
(b) State four differences between the activity based costing and the traditional product cost system.
(12 marks )
7. Explain the following types of cost:
(a) Material cost (b) Period cost (c) Product cost
(d) Functional cost
(e) Marginal cost ( 15 marks )

8. Adom Ltd has provided the following forecast in respect of usage of material ‘G’.
Maximum usage per month 600 units Normal usage per month 400 units Re-order quantity 2000 units
Re-order period 3 – 5 months
You are required to calculate:
(a) Re-order level (4 marks)
(b) Minimum stock level (4 marks)
(c) Maximum stock level (4 marks)
(d) Average stock level (3 marks)

STUDY TIMETABLE

Candidates can use the study Timetable below to help in their studies. This study timetable covers all the subjects offered by Business students in Ghana.