[100% Off UDEMY Coupon] – Job Order Costing System – Managerial Accounting

Job Order Costing System – Managerial Accounting

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Job Order Costing System – Managerial Accounting

Accounting for a job cost system presented by a practicing certified public accountant (CPA)

What you’ll learn

  • Describe cost classifications and their importance.

  • Explain the differences in financial statements for a manufacturing company versus a merchandising company.

  • List the cost flow process for a manufacturing company.

  • Compare a job cost system and process cost system and explain when each would be used.

  • Describe the cost flows in a job cost system.

  • List and describe documents used in a job cost system.

  • Explain the concept of overhead and how it is used.

  • Calculate the predetermined overhead rate.

  • Allocate overhead to job using estimates.

  • Enter journal entries to record finished jobs and for the sale of jobs.

  • List and define key terms related to a job cost system.

Requirements

  • We should have a basic understanding of financial accounting and debits and credits

Who this course is for:

  • Accounting students
  • Business owner
  • Anyone who whats to learn accounting

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