Management Series - Know Cost Accounting - Job Costing System
Management accounting
Updated on Sep, 2023
Language - English
Course Description
A job costing system involves the process of accumulating information about the costs associated with a specific production or service job. This information may be required in order to submit the cost information to a customer under a contract where costs are reimbursed.
Goals
What will you learn in this course:
- Be able to understand the job cost accounting system
- Be able to calculate the Pre Determined overhead rate
- Know the use of the job sheet
- Be able to prepare financial statements for a manufacturer
Prerequisites
What are the prerequisites for this course?
- Knowledge of Financial Accounting
- Knowledge of Excel
Curriculum
Check out the detailed breakdown of what’s inside the course
Know Manufacturing Costs - Direct Material; Direct Labor and Overhead
1 Lectures
-
Manufacturing Costs
14:02
14:02
Job Order Cost Accounting System
1 Lectures
Instructor Details
Dr. John McLellan
Dr JohnI am a Professor of Accounting with over thirty-five years experience teaching accounting to college students, undergraduate and MBA university students as well as CMA candidates seeking to earn their Professional Certified Management Accountant Designation.
I achieved my Certified Management Accountant Designation 40 years ago. With that I then earned my Masters of Business Administration degree and later a PHD in accounting.
I have developed and will continue to develop a number of courses in both Financial Accounting and Management Accounting for you - a college or university student (or even a secondary student) to help you to achieve the best result in your undergraduate accounting course. If you get an "A" from me I guarantee you will get an "A" from your accounting prof.
For Graduate students, I have a course to prepare those of you who do not have a business degree for the Masters of Business Administration. Also I have a course at the masters level called Managerial Accounting.
For CMA Candidates, I have courses to prepare you to successfully pass their Certified Management Accounting Exams offered by Institute of Management Accountants.
Dr. John
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