1. PowerPoint Authors: Susan Coomer Galbreath, Ph.D., CPA Charles W. Caldwell, D.B.A., CMA Jon A. Booker, Ph.D., CPA, CIA Cynthia J. Rooney, Ph.D., CPA Copyright © 2015…

Slide 1 Slide 2 Job Order Cost Accounting Chapter 20 Slide 3 Cost Systems There are two basic systems used by manufacturers to assign costs to their products: –Process…

Chapter 3 Systems Design—Job-Order Costing Learning Objectives LO1. Distinguish between process costing and job-order costing and identify companies that would use each…

Slide 1Accumulating and Assigning Costs to Products Chapter 4 Slide 2 Cost Flows in Organizations  In order to compute product costs, management accounting systems should…

Slide 1 Cost Management Session 7 Slide 2 Overview Theory Exercise: 10.33, 10.37, 10.56, 10.60 2 Slide 3 Theory This costs method includes allocating direct material, direct…

Slide 1 Planning and Control Cycle Decision Making Formulating long-and short-term plans (Planning) Measuring performance (Controlling) Implementing plans (Directing and…

Comm 305 Chapter 3 Review Questions 1. (a) Joe Delong is not sure about the difference between cost accounting and a cost accounting system. Explain the difference to Joe.…

Slide 1 © 2006 McGraw-Hill Ryerson Ltd.. Chapter Three Systems Design: Job-Order Costing Slide 2 © 2006 McGraw-Hill Ryerson Ltd.. Learning Objectives 1.Distinguish between…

gar003, Chapter 3 Systems Design: Job-Order Costing Chapter 2 Systems Design: Job-Order Costing True/False 1. Process costing is used in those situations where many different…

11B 2008 Midterm 11B Practice Midterm Student: ___________________________________________________________________________ 1. At the beginning of December, Altro Corporation…