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Process Costing + Activity Based Costing: 1 Method

Process and Activity Based Costing beginning with Key Terms and the Why before Examples and Practice on the Excel Bridge

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This Course Includes

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  • icon1.5 total hours
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  • iconOnline - Self Paced
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About Process Costing + Activity Based Costing: 1 Method

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.