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Normal costing - PowerPoint PPT Presentation

Job Order Costing

Job Order Costing. Chapter 4. 2/14/05. Job Order Costing. How much does it cost to build a PT Cruiser? Accumulates direct and indirect costs to build a product by job or production order Assigns direct costs such as material and labor

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784 views • 54 slides

Chapter Two

Chapter Two. Manufacturing Costs and Job-Order Costing Systems. What Does it Cost to Make Something?. In Accounting 284, all inventory was purchased from another entity In Accounting 285, we will learn how to cost a product that is manufactured

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413 views • 29 slides

Managerial Accounting: An Introduction To Concepts, Methods, And Uses

Managerial Accounting: An Introduction To Concepts, Methods, And Uses. Chapter 2 Measuring Product Costs. Maher, Stickney and Weil. Learning Objectives (Slide 1 of 3). Understand the nature of manufacturing costs.

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364 views • 26 slides

4. Job Costing

4. Job Costing. Hanif Kanjer Dean, Rustomjee Business School. Index. Overheads are to be allocated Cost-allocation base Actual Costing Normal Costing (computed using Budgeted overhead rate) Under-allocation, Over-allocation.

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409 views • 19 slides

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Normal costing - PowerPoint PPT Presentation

Job Order Costing

Chapter Two

Managerial Accounting: An Introduction To Concepts, Methods, And Uses

4. Job Costing