Expense Accounting: Module 2 – Job Order Costing
Explanation: Job buy costing is actually a method of amassing and determining costs. This system deepens the learner's understanding of how to be the cause of direct and indirect costs in a work (versus process) environment, assign the cumulative costs to jobs plus the risks & controls linked to job buy costing. Learning Objectives: After completion of this program, the learner will be able to: • • • • • Define job order charging Identify the basic documents used in a job order costing system Identify the accounts accustomed to capture costs in a task order being system Identify journal articles used to record costs Determine how expense is worked out and used in a work order being system
Approximated Course Period: 1 hour (1 CPE) Delivery Method: Online Self-Study Discipline of Study: Accounting Program Level: Guide Advance Preparation/Prerequisites: None NASBA Publication/Revision Date: 6/21/07 Study course Outline: What is Job Order Costing? Common Documents Applied Job Being Sheet Elements Requisition Form Employee Time Ticket Recharging Costs Immediate Costs Indirect Costs Overhead Costs Inventory Classifications & Accounting Materials Requisition Process Components Issuance Hazards & Handles Labor Dangers & Settings Calculating Manufacturing Overhead Costs How to Calculate POHR Applying Developing Overhead Controlling Variance Difference & GAAP Variance & T Accounts Protiviti can be registered with the National Relationship of the Condition Boards of Accountancy (NASBA) as a sponsor of continuing specialist education around the National Computer registry of CPE Sponsors. State boards of accountancy have final expert on the approval of individual courses for CPE credit. Complaints with regards to registered benefactors may be addressed to the Countrywide Registry of CPE Benefactors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web page: www.nasba.org.