Managerial Accounting

  1. Job-Order Costing
    1. Overview of Job-Order Costing
      1. Applicability and Characteristics
        1. Types of Industries Using Job-Order Costing
          1. Job Cost Sheet
          2. Flow of Costs in Job-Order Costing
            1. Raw Materials
              1. Purchase and Storage
                1. Materials Requisition Process
                2. Direct Labor
                  1. Time Recording
                    1. Labor Cost Assignment
                    2. Manufacturing Overhead
                      1. Overhead Application Process
                        1. Predetermined Overhead Rates
                      2. Measuring Direct Materials Cost
                        1. Materials Requisition Forms
                          1. Direct vs Indirect Materials
                            1. Recording Materials Usage
                            2. Measuring Direct Labor Cost
                              1. Time Tickets and Time Sheets
                                1. Direct vs Indirect Labor
                                  1. Recording Labor Costs
                                  2. Applying Manufacturing Overhead
                                    1. Predetermined Overhead Rate
                                      1. Calculation Formula
                                        1. Selection of Allocation Base
                                          1. Estimated vs Actual Amounts
                                          2. Overhead Application Process
                                            1. Journal Entries
                                              1. Job Cost Sheet Updates
                                              2. Underapplied and Overapplied Overhead
                                                1. Causes of Differences
                                                  1. Disposition at Year-End
                                                    1. Adjustment Methods
                                                  2. Job-Order Costing in Service Companies
                                                    1. Adaptations for Service Industries
                                                      1. Cost Tracking Methods
                                                        1. Billing Rate Determination

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                                                      2. Cost Concepts and Classifications

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                                                      4. Process Costing