Process Costing System-Cost Accounting-Managerial Accounting [100% OFF UDEMY COUPON]

Robert (Bob) Steele

What you'll learn :

1. Describe cost classifications and their importance.
2. Explain the differences in financial statements for a manufacturing company versus a merchandising company.
3. List the cost flow process for a manufacturing company.
4. Compare a job cost system and process cost system and explain when each would be used.
5. Describe the cost flows in a process cost system
6. Explain the concept of overhead and how it is used in a process cost system
7. Calculate the predetermined overhead rate.
8. Allocate overhead to job using estimates.
9. Calculate equivalent units of production
10. Allocate costs using a First in First Out (FIFO) method
11. Allocate costs using a weighted average method

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