If you an accounting student struggling to understand the concept of product costing, you will find these sets of templates useful.
There are 9 lessons and one test in this module. Topics covered are:
- An introduction to product cost
- An introduction to allocating overhead: ABC versus Traditional
- Job order costing using the traditional method of allocating overhead
- Job order costing using ABC to allocate overhead
- Process costing using the traditional method of allocating overhead
- Process costing using ABC to allocate overhead
- How product cost flows through the financial statement (job order costing)
- How product cost flows through the financial statement (process costing)
- Other uses of ABC
- Test your knowledge: Questions and Answers