tailieunhanh - Lecture Managerial accounting: Chapter 2 - Weygandt, Kieso, & Kimmel

Chapter 2 - Job order cost accounting. After studying this chapter, you should be able to: Explain the characteristics and purposes of cost accounting, describe the flow of costs in a job order cost accounting system, explain the nature and importance of a job cost sheet, indicate how the predetermined overhead rate is determined and used,. | John Wiley & Sons, Inc. Prepared by Karleen Nordquist The College of St. Benedict. and St. John’s University. with contributions by Marianne Bradford The University of Tennessee. Gregory K. Lowry . Macon Technical Institute Managerial Accounting Weygandt, Kieso, & Kimmel Chapter 2 Job Order Cost Accounting After studying this chapter, you should be able to: 1 Explain the characteristics and purposes of cost accounting. 2 Describe the flow of costs in a job order cost accounting system. 3 Explain the nature and importance of a job cost sheet. 4 Indicate how the predetermined overhead rate is determined and used. Chapter 2 Job Order Cost Accounting After studying this chapter, you should be able to: 5 Prepare entries for jobs completed and sold. 6 Distinguish between under- and overapplied manufacturing overhead. Chapter 2 Job Order Cost Accounting Preview of Chapter 2 Cost Accounting Systems Job Order Cost Flow Accumulating Manufacturing Costs Assigning Manufacturing Costs | John Wiley & Sons, Inc. Prepared by Karleen Nordquist The College of St. Benedict. and St. John’s University. with contributions by Marianne Bradford The University of Tennessee. Gregory K. Lowry . Macon Technical Institute Managerial Accounting Weygandt, Kieso, & Kimmel Chapter 2 Job Order Cost Accounting After studying this chapter, you should be able to: 1 Explain the characteristics and purposes of cost accounting. 2 Describe the flow of costs in a job order cost accounting system. 3 Explain the nature and importance of a job cost sheet. 4 Indicate how the predetermined overhead rate is determined and used. Chapter 2 Job Order Cost Accounting After studying this chapter, you should be able to: 5 Prepare entries for jobs completed and sold. 6 Distinguish between under- and overapplied manufacturing overhead. Chapter 2 Job Order Cost Accounting Preview of Chapter 2 Cost Accounting Systems Job Order Cost Flow Accumulating Manufacturing Costs Assigning Manufacturing Costs to Work in Process Assigning Costs to Finished Goods Assigning Costs to Cost of Goods Sold Summary JOB ORDER COST ACCOUNTING Preview of Chapter 2 Reporting Job Cost Data Under- or Overapplied Manufacturing Overhead Interim Balances Year-End Balances JOB ORDER COST ACCOUNTING Explain the characteristics and purposes of cost accounting. Study Objective 1 Cost Accounting Systems Cost Accounting involves the measuring, recording, and reporting of product costs. A cost accounting system consists of manufacturing cost accounts that are fully integrated into the general ledger of a company. Cost Accounting Systems An important feature of a cost accounting system is the use of a perpetual inventory system that provides information immediately on the cost of a product. There are two basics types of cost accounting systems: a job order cost system, and a process cost system. Job Order Cost System Under a job order cost system, costs are assigned to each job or batch of goods. An important .

• Kế toán - Kiểm toán
• Managerial accounting
• Lecture Managerial accounting
• Job order cost accounting
• Cost accounting systems
• Process cost system
• Accumulating manufacturing costs
• Managerial accounting for managers
• Profitability analysis
• Decision making
• Operations management majors
• Nonmanufacturing costs
• Classifications of costs
• Kế toán quản trị
• Managerial accounting information
• General cost classifi cations
• Product costs
• Process costing
• Standard costing systems
• Accounting information
• Managerial decision
• Process management
• Financial statement
• Cost concepts
• Managerial accounting basics
• Managerial cost
• Period costs
• Lecture Financial and managerial accounting
• Financial statements
• Managerial decisions
• Financial accounting
• Dynamic business environment
• Reporting manufacturing activities
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Relevant costing
• Accounting activities
• Business activities
• Income statement
• Accounting cycle
• Accounting for merchandising operations
• Merchandising operations
• Capital budgeting decisions
• Time value of money
• Income taxes
• After tax cost