'Equivalent units' presentation slideshows

Systems Design: Process Costing

Systems Design: Process Costing. Chapter 4. Both systems assign material, labor and overhead costs to products and they provide a mechanism for computing unit product costs.

1.53k views • 116 slides

Process Cost Systems

0. 20. Process Cost Systems. 0. After studying this chapter, you should be able to:. Explain and illustrate the characteristics and cost flows for a process manufacturer. Prepare a cost of production report accounting for completed and partially completed units under the FIFO method. 0.

1.14k views • 79 slides

Process Cost Accounting

1.16k views • 71 slides

Chapter 16

Chapter 16. Process Costing and Analysis. Conceptual Learning Objectives. C1: Explain process operations and the way they differ from job order operations C2: Define equivalent units and explain their use in process cost accounting

817 views • 56 slides

Process Costing

CHAPTER. Process Costing. Objectives. 1. Describe the basic characteristics and cost flows associated with process manufacturing.

707 views • 50 slides

Process Costing and Hybrid Product- Costing Systems

4. Chapter Four. Process Costing and Hybrid Product- Costing Systems . Process Costing. Job-order Costing. Process Costing. Used for production of small, identical, low cost items. Mass produced in automated continuous production process.

2.44k views • 45 slides

Topic 5: Process Costing

Topic 5: Process Costing. Outline. 1. The basic characteristics and cost flows associated with process manufacturing. The definition of equivalent units and their role in process costing. Accounting for process costing using: the weighted average method, and the FIFO method.

648 views • 40 slides

Process Costing

Process Costing. Product Costing when Units of Output are Similar. Process Costing. The Total Manufacturing Cost must be divided between: Ending WIP Inventory The Cost of Goods Transferred To FGI. Allocation of Production Costs. Beginning WIP Inventory $10,000

519 views • 37 slides

Customary Units of Capacity and Weight

Customary Units of Capacity and Weight. Customary Units of Capacity. The most commonly used customary units of capacity are the ounce, cup, pint, quart, and gallon. Customary Units of Capacity. 1 gallon = 4 quarts. 1 gallon = 128 ounces. 1 quart = 2 pints. 1 pint = 2 cups. 1 cup = 8 ounces.

826 views • 35 slides

Overview of Port of Los Angeles Environmental Activities November 25, 2013

Overview of Port of Los Angeles Environmental Activities November 25, 2013. Andrew Jirik and Rachel McPherson Environmental Management Division Port of Los Angeles. The Port of Los Angeles . #1 container port in the U.S. Handles 8.4 million TEUs ( 20-ft equivalent units) in 2007

1.17k views • 30 slides

CHAPTER 17

CHAPTER 17. Process Costing. Job-Costing and Process Costing : Opposite Ends of a Continuum. Job-Costing Systems Distinct, identifiable units of a product or service Examples: Custom-made machines, Houses. Process-Costing Systems Masses of identical or similar units of a

453 views • 30 slides

Systems Design: Process Costing

Chapter 4. Systems Design: Process Costing. How are unit costs used?. Process Costing. To help set prices. To evaluate products. To determine balance sheet inventory. To evaluate production efficiency. Job costing Costs accumulated by the job .

417 views • 29 slides

Chapter 6 Process Costing

Chapter 6 Process Costing. Key Topics: Cost flows in mass production Steps in preparing process cost reports (FIFO and weighted average) Equivalent units Applying costs Spoilage in process costing Uses, Uncertainties, and limitations. Process Costing.

617 views • 24 slides

Reminder

Reminder. Mid-semester exam (25%) 26 August 2007 - Sunday Starts at 10:00 am Group 1 at DKEP 1 Group 2 at DKEP 10. Week 6. Process Costing (Part II). Outline.

334 views • 24 slides

Chapter 15

Chapter 15. Process Costing. Many production environments have a “continuous” flow Paper, cereal manufacturing, bottling soft drinks, pharmaceuticals, garment manufacturing, electronics assembly Two main features

352 views • 22 slides

IC-ENC

IC-ENC. IC-ENC became operational in July 2002. It is one of the 2 RENCs created after the break-up of the original PRIMAR. The PRIMAR member HOs were presented with 2, very different, alternative RENC models. Description of IC-ENC. A RENC in accordance with WEND Principles.

525 views • 17 slides

Dimensional Analysis Made Easy

Dimensional Analysis Made Easy. DESN 100. Christine Griffith Spring 2009. So what is dimensional analysis?. Dimensional analysis is the process used by scientists, mathematicians, engineers to change from one unit of measure to another. An example problem.

274 views • 9 slides

Assessing the Feasibility of Micro-Data Access Options for SBS

Assessing the Feasibility of Micro-Data Access Options for SBS . Nadim Ahmad, Statistics Directorate, OECD. Background.

227 views • 8 slides

Prepared by Diane Tanner University of North Florida

166 views • 7 slides

Day 14 agenda

258 views • 6 slides