1. 4-1 Chapter Four Systems Design: Process Costing 2. 4-2 Similarities Between Job-Order and Process Costing • Both systems assign material, labor and overhead costs to…

Slide 1PowerPoint 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 © 2013…

1. 11 thEdition Chapter 4 2. Chapter Four Systems Design: Process Costing 3. Similarities Between Job-Order and Process Costing Both systems assign material, labor and overhead…

Slide 14-1 Chapter Four Systems Design: Process Costing Slide 2 4-2 Similarities Between Job-Order and Process Costing Both systems assign material, labor and overhead costs…

Slide 1 Slide 2 Systems Design: Process Costing Chapter 4 Slide 3 4-2 Process Costing How are unit costs used? To help set prices To evaluate products To evaluate production…

Systems Design: Process Costing Chapter 4 McGraw-Hill/Irwin Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. Similarities Between Job-Order and…

Systems Design: Process Costing 4-* Process Costing To help set prices To evaluate products To evaluate production efficiency To determine balance sheet inventory 4-* Comparing…

Both systems assign material, labor and overhead costs to products and they provide a mechanism for computing unit product cost. Both systems use the same manufacturing accounts,…