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Management Series - Know Cost Accounting - Job Costing System

person icon Dr. John McLellan

4.2

Management Series - Know Cost Accounting - Job Costing System

Management accounting

updated on icon Updated on Dec, 2023

language icon Language - English

person icon Dr. John McLellan

English [CC]

category icon Finance & Accounting,Cost Accounting

Lectures -3

Duration -35 mins

4.2

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Course Description

A job costing system involves the process of accumulating information about the costs associated with a specific production or service job. This information may be required in order to submit the cost information to a customer under a contract where costs are reimbursed.

Goals

  • Be able to understand the job cost accounting system
  • Be able to calculate the Pre Determined overhead rate
  • Know the use of the job sheet
  • Be able to prepare financial statements for a manufacturer

Prerequisites

  • Knowledge of Financial Accounting
  • Knowledge of Excel
Management Series - Know Cost Accounting - Job Costing System

Curriculum

Check out the detailed breakdown of what’s inside the course

Know Manufacturing Costs - Direct Material; Direct Labor and Overhead
1 Lectures
  • play icon Manufacturing Costs 14:02 14:02
Job Order Cost Accounting System
1 Lectures
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Instructor Details

Dr. John McLellan

Dr. John McLellan

I am a Professor of Management  Accounting and Control Management with over thirty-five years of experience teaching

accounting to college students, undergraduate and MBA university students as well as CMA candidates seeking to earn their Professional Certified Management Accountant Designation.

I earned the Certified Management Accountant Designation 40  years ago. With that I then earned my Master of Business Administration degree and later a Ph.D. in accounting.  I also have earned the Certified Quality Auditor certification.

My passion is online teaching. I have over 400 instructional videos on my YouTube channel “Your Accounting Prof” and I have created over 30 management and accounting courses on various online platforms.

Dr. John 

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