Managerial Accounting

  1. Process Costing
    1. Overview of Process Costing
      1. Applicability and Characteristics
        1. Types of Industries Using Process Costing
          1. Comparison with Job-Order Costing
          2. Flow of Costs in Process Costing
            1. Sequential Processing
              1. Departmental Cost Accumulation
                1. Transfer Between Departments
                2. Equivalent Units of Production
                  1. Concept and Purpose
                    1. Materials vs Conversion Costs
                      1. Weighted-Average Method
                        1. Calculation Steps
                          1. Treatment of Beginning Inventory
                          2. FIFO Method
                            1. Calculation Steps
                              1. Treatment of Beginning Inventory
                            2. Production Report
                              1. Quantity Schedule
                                1. Cost per Equivalent Unit
                                  1. Cost Reconciliation
                                  2. Assigning Costs to Units
                                    1. Units Transferred Out
                                      1. Ending Work in Process
                                        1. Cost Assignment Procedures
                                        2. Operation Costing
                                          1. Hybrid Costing System
                                            1. Applications and Examples

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                                          3. Job-Order Costing

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                                          5. Activity-Based Costing