'Materials inventory' presentation slideshows

CLARK COUNTY UTILITIES

1.04k views • 95 slides

Managerial Accounting Chapter Two Job Costs

Managerial Accounting Chapter Two Job Costs. JMS. Cost Accounting Systems. Cost accounting involves the: Measuring, Recording, and Reporting of product costs. Determines both the total cost and unit cost of each product . Accuracy is critical to company success.

959 views • 72 slides

Job Costing

Job Costing. Product and service cost determination. Planning, Cost Control, and performance evaluation. Strategic and operational decision making. Product Costing.

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Building Blocks of Management Accounting

Building Blocks of Management Accounting. Chapter 2. Objective 1. Distinguish among service, merchandising, and manufacturing companies. Service Companies. Sell services No inventory or cost of goods sold accounts

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Chapter 4

Chapter 4. Cost Terminology and Cost Flows. C4. Learning Objectives. 1. What is the relationship between cost objects and direct costs? 2. How do you classify product costs into direct materials, direct labor, and factory overhead categories?. C4. Continuing . . . Learning Objectives.

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Cost Concepts and Cost Allocation

Cost Concepts and Cost Allocation. 2 . Cost Information. OBJECTIVE 1: Explain how managers classify costs and how they use these cost classifications. Figure 1: Overview of Cost Classifications. Table 1: Examples of Cost Classifications for a Candy Manufacturer. Cost Information.

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The Production Cycle

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Job Costing

Chapter Four. Job Costing. Learning Objectives. Explain the types of costing systems Explain the strategic role of product costing Explain the flow of costs in a job costing system Explain the application of factory overhead costs in a job costing system. Learning Objectives (continued).

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Product Cost Flows and Business Organizations

3. C H A P T E R . Product Cost Flows and Business Organizations. Learning Objective 1. Understand the difficulty, yet importance, of having accurate product cost information. Direct materials materials that become part of the product and are traceable to it. Direct labor

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Hazard Communication

1.47k views • 46 slides

Introduction to Management Accounting

Introduction to Management Accounting. Chapter 18. Management Accountability. Responsibility to stakeholders of the company Owners Creditors Suppliers Employees Customers. Objective 1. Distinguish between financial accounting and management accounting. Financial External

579 views • 38 slides

Process Costing

Process Costing. Chapter 4. Objective 1. Distinguish between the flow of costs in process costing and job order costing. Job 92. Job 91. Finished Goods. Job 90. Cost of Goods Sold. Job Order Costing. Materials Inventory. Manufacturing Wages. Work in Process. Manufacturing Overhead.

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Process Costing

Process Costing. Objective 1. Distinguish between process costing and job order costing. Job 92. Job 91. Finished Goods. Job 90. Cost of Goods Sold. Job Order Costing. Materials Inventory. Manufacturing Wages. Work in Process. Manufacturing Overhead. Cost of Goods Sold.

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Process Costing

Process Costing. Chapter 20. Objective 1. Distinguish between process costing and job order costing. Job 92. Job 91. Finished Goods. Job 90. Cost of Goods Sold. Job Order Costing. Materials Inventory. Manufacturing Wages. Work in Process. Manufacturing Overhead.

738 views • 27 slides

Chapter 16 Pgs : 728-731

Chapter 16 Pgs : 728-731. By: Julia, Liz, Jason, Kishawn. Inventories of a Manufacturing Business. Types of Inventory: Materials Inventory - raw materials on hand and available for use in the manufacturing process

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Chapter 15

Chapter 15. Resource Requirements Planning: MRP and CRP. Inventory Transactions Data. Inventory Status File. Changes to Planned Orders. Master Production Schedule. Primary. MRP System. Planned Order Schedule. Outputs. Performance Reports. Secondary. Outputs. Bills of

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Production Process at InShape

LO 7-2. Production Process at InShape. LO 7-2 Assign costs in a job cost system. Suppose InShape, Inc. manufactures custom workout and training equipment for schools and gyms. LO 7-2. Records of Costs at InShape. Materials. Work-in-process. Direct materials. 12-03. Total WIP. 01-01.

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