AAT LEVEL 2 – Q2022 – Principles of Costing (PCTN) Tutorial

This book has been written specifically to cover the Unit ‘Principles of costing’ which is mandatory for the following qualifications:

  • AAT Level 2 Certificate in Accounting
  • AAT Level 2 Certificate in Bookkeeping
  • AAT Certificate in Accounting – SCQF Level 6




The book contains a clear text with worked examples and case studies, chapter summaries and key terms to help with revision. Each chapter concludes with a wide range of activities, many in the style of AAT computer-based assessments.

They Include:

  • Workbooks: paperback books with practice activities and exams
  • Wise Guides: pocket-sized spiral-bound revision cards
  • Student Zone: access to Osborne Books online resources
  • Osborne Books App: Osborne Books ebooks for mobiles and tablets

Table of Contents

  1. The costing system
  2. Cost centres and overhead absorption 
  3. Cost behaviour
  4. Inventory valuation and the manufacturing account
  5. Labour costs
  6. Using budgets and calculation tools