JUMOQ Learning · Assets, Impairment & Leases

Applying Ind AS 2 – Cost Formulas, Production Overheads and Costing Techniques

Apply Cost Formulas, Production Overheads and Costing Techniques. The course is deliberately separated from adjacent topics so that each JUMOQ course remains focused and developable.

INDAS2-I01Intermediate

Course director: Venkata Subramani Ramachandra

3 hr 15 minFull study estimate

Full study estimate: 3 hr 15 min

Self-paced estimates for one pass through the course. Practical work includes activities, assignments and resource study. Your pace may vary; breaks and repeat attempts are extra. All course and certificate requirements still apply.

Inside this course

Select a topic to see its lessons, videos, practice activities and resources.

Course orientation

VideoFrom Standard Requirements to an Applied Accounting Workflow
VideoInd AS 2 Architecture and Learning Path

Specific identification

LessonSpecific identification
VideoSpecific identification: visual explainer
QuizLesson 1 Knowledge Check
Decision MissionDecision Mission

FIFO and weighted average

LessonFIFO and weighted average
VideoFIFO and weighted average: visual explainer
QuizLesson 2 Knowledge Check
Case QuestCase Quest

Fixed and variable production overheads

LessonFixed and variable production overheads
QuizLesson 3 Knowledge Check
Impact SimulatorImpact Simulator

Joint products and by-products

LessonJoint products and by-products
QuizLesson 4 Knowledge Check
Practice LabPractice Lab

Standard cost and retail methods

LessonStandard cost and retail methods
QuizLesson 5 Knowledge Check

Decision framework for Applying Ind AS 2 – Cost Formulas, Production Overheads and Costing Techniques

LessonDecision framework for Applying Ind AS 2 – Cost Formulas, Production Overheads and Costing Techniques
QuizLesson 6 Knowledge Check
AssignmentTechnical Assignment – prepare an accounting paper and workings
Downloadable resourceApplying Ind AS 2 – Cost Formulas, Production Overheads and Costing Techniques – Applied Data, Model or Disclosure Pack
Downloadable resourceInd AS 2 Standard Map, Scope and Decision Checklist

Final Assessment

QuizApplying Ind AS 2 – Cost Formulas, Production Overheads and Costing Techniques – Final Assessment

Certificate

CertificateCertificate of completionUnlocks after every quiz is completed at its required pass mark and all course requirements are complete.

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