Learn about the fundamental concepts of process costing in this 35-minute educational video from NPTEL-NOC IITM. Explore the first part of process costing methodology, which is an essential cost accounting technique used for products manufactured in a continuous flow. Understand how costs are accumulated and assigned to units when production involves a series of uniform steps or processes.
Overview
Syllabus
Process Costing - Part I
Taught by
NPTEL-NOC IITM