BCOC-138 IGNOU Solved Assignment 2026-27

BCOC-138 Solved Assignment Cost Accounting (TMA Solutions)

This structured digital PDF solution set for BCOC-138 (Cost Accounting) fulfills the mandatory 30% course weightage requirement under IGNOU’s Bachelor of Commerce (BCOMG) program. Below are verified units aligned with the official curriculum, including key topics, sample answers, and FAQs for clarity.

Key Syllabus Units Covered

• Block-1: Basic Concepts
  • Definition and objectives of cost accounting
  • Differences between financial accounting and cost accounting
  • Cost classification: Fixed, variable, direct, indirect
  • Cost sheets and profit-volume analysis
• Block-2: Material and Labour Costs
  • Inventory valuation methods (FIFO, LIFO, weighted average)
  • Stock valuation under AS-2 (Indian Accounting Standards)
  • Wage analysis and labour turnover ratios
  • Case studies on material and labour cost control
• Block-3: Overheads
  • Classification and allocation of overheads
  • Absorption costing vs. marginal costing
  • Activity-based costing (ABC) principles
  • Overhead recovery methods (direct, indirect, machine-hour rate)
• Block-4: Methods of Costing
  • Job costing, process costing, and contract costing
  • Standard costing and variance analysis
  • Joint product costing and by-product accounting
  • Practical examples with numerical solutions

Sample Answer Structure (Word Limits)

The solved assignment includes:

• 500-word questions: Detailed explanations with numerical examples (e.g., 'Explain marginal costing with a case study').
• 250-word questions: Concise yet comprehensive answers (e.g., 'Compare absorption and marginal costing').
• 100-word questions: Short definitions/descriptions (e.g., 'Define overhead absorption rate').

FAQs for BCOC-138 Students

The solved assignment is available in both English and Hindi, adhering to IGNOU’s official language policy for BCOMG students.

Each numerical question includes step-by-step calculations with clear explanations, referencing relevant cost accounting principles (e.g., overhead absorption, variance analysis).

Note: Solutions strictly comply with the current academic session’s guidelines (e.g., no outdated AS/GAAP references) and are verified for plagiarism via IGNOU’s plagiarism detection tools.