Process Costing + Activity Based Costing: 1 Method

Description

Learn the Role and Major Topics of Managerial and Cost Accounting and Learn and Practice the Excel Bridge Method: One Method, One Formula, One Graph for the Entire Course. Like all Practical Accounting modules, a beginner friendly workbook is included, along with a walk through of how to use Excel to stay organized and speed up your calculations. Lesson 2 also contains extra Excel worksheets to help you during any homework calculations you are assigned in your personal studies!

Lesson 1: Process Costing

Learn and practice the straightforward Bridge computation of Process Costing in Excel.

- Overview and Terminology of Process Costing

- Process Costing Frozen Pizza Factory Video and Classification Drill

- Process Costing Flow of Costs and Transactions-Fantastic Frozen Pizza

- Intro Bridge Format Process Costing and Equivalent Units of Production

- Process Costing Puzzle and Exercise with Keys

Lesson 2: ABC Activity Based Costing

Learn the Concepts and practice the Bridge computation of Activity Based Costing and Cost Management Strategies.

- A Brief Look Inside Activity Based Costing

- Overview and Terminology of ABC: Comparison of Flow of Costs Traditional and ABC

- Example ABC / ABM- Logistics Operations

- Your Own Coffee Shop- ABC Computation Example, Practice Puzzle and Extra Worksheets for Homework

- Cost Management Strategies and Benefits

What You Will Learn!

• Overview and Terminology of Process Costing
• Process Costing Frozen Pizza Factory Video and Classification Drill
• Intro Bridge Format Process Costing and Equivalent Units of Production
• Process Costing Puzzle and Exercise with Keys
• Overview and Terminology of ABC: Comparison of Flow of Costs Traditional and ABC
• ABC Computation Example, Practice Puzzle and Extra Worksheets for Homework
• Cost Management Strategies and Benefits

Who Should Attend!

• Managerial and Cost Accounting students, businesses, and individuals interested in accounting.

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