Course Learning Objectives

By the end of this section, you will be able to:

• Apply accounting procedures for manufacturing businesses.
• Calculate product costs and track product cost flows.
• Apply job costing, process costing, and operation costing concepts.

Specific Learning Outcomes

After you complete the required assignments you will be able to:

• Understand the difference between direct materials, direct labor, and overhead.
• Calculate the cost of a job.
• Apply overhead to jobs using a predetermined overhead rate.
• Determine and record adjustments for over- or under-applied factory overhead