Slide 1Cost Accounting Horngreen, Datar, Foster Flexible Budgets, Variances, and Management Control:II Session 8 Slide 2 Cost Accounting Horngreen, Datar, Foster Learning…

1. System Design: Job Order CostingDEPARTMENT OF ACCOUNTING & INFORMATION SYSTEMDEPARTMENT OF ACCOUNTING & INFORMATION SYSTEM 75 | P a g e 2. Job-Order Costing FACULTY…

Product Costing Systems 1-* Product costing is a general term that refers to the process of assigning both direct and indirect costs to products or services: Direct costs…

Slide 1 Prepared by Diane Tanner University of North Florida Chapter 2 1 Normal Costing Slide 2 Assigning Costs to Cost Objects Three methods – Actual costing – Normal…

Types of Product Costing Systems Process Costing Job-order Costing 2-* Types of Product Costing Systems Process Costing Job-order Costing 2-* Comparing Process and Job-Order…

CHAPTER 9 Standard Costing: A Functional-Based Control Approach LEARNING OBJECTIVES After studying this chapter, you should be able to: 1. Describe how unit input standards…

CHAPTER 4 CHAPTER 4 JOB COSTING 4-1 Cost pool––a grouping of individual cost items. Cost tracing––the assigning of direct costs to the chosen cost object. Cost allocation––the…