Job-order Cost System Explained

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  • เผยแพร่เมื่อ 8 พ.ย. 2024

ความคิดเห็น • 98

  • @omiegawrd4841
    @omiegawrd4841 2 ปีที่แล้ว +73

    This was absolutely hilarious and helped reinforce important concepts. Thank you!

    • @Edspira
      @Edspira  2 ปีที่แล้ว +2

      I'm so happy you liked the video!

    • @acoolducksloveryeahweexist
      @acoolducksloveryeahweexist 2 ปีที่แล้ว

      @@Edspira I did too! your videos are amazing! My professors are projecting them in class or giving us the homework of watching them :D I have learned so much!
      Just curious though... why should we not take marketing as a major? 😁

  • @firesidesmarmy6918
    @firesidesmarmy6918 2 ปีที่แล้ว +53

    i cant believe how useful this is. I've been ripping my hair out for the last hour trying to do homework and this guy explains everything in 6 minutes.

    • @Edspira
      @Edspira  2 ปีที่แล้ว +16

      Don't rip all your hair out, you'll end up like me 😀 But seriously, I'm glad you enjoyed the video!

  • @glenngrowe7105
    @glenngrowe7105 หลายเดือนก่อน +3

    A seriously good talk on job order costing. This guy could have been a comedian.

  • @williannunez1467
    @williannunez1467 ปีที่แล้ว +6

    Thanks for explaining 3 weeks of lecture in 6 mnts. You’re awesome!

  • @joo1130
    @joo1130 2 ปีที่แล้ว +6

    You’re such a gift to the accountancy profession. Thank you for your simplicity and passion. You’re hilarious🤣

  • @LeonKobbyAgyapong777
    @LeonKobbyAgyapong777 10 หลายเดือนก่อน +3

    Guy I know you’re trying to be funny but in all seriousness you are a gift to mankind. You have thousands of videos with the same enthusiasm and love for teaching. I’m blessed to find your channel I feel like I can undergo a doctorate soon because of you ❤ no homo

  • @stephanieswaim4769
    @stephanieswaim4769 2 ปีที่แล้ว +8

    I'm going to need you to create such an intro video for every topic covered in every type of accounting! This is wonderful!!!

    • @Edspira
      @Edspira  2 ปีที่แล้ว

      Wow, thank you!

  • @jamesmartin153
    @jamesmartin153 3 หลายเดือนก่อน

    Totally Brilliant!!! Not only is the information simple enough for all accountant newbies, but I love the examples. Both the condensing and simplifying along with coming up with those examples show that accountants have developed a greater level of holistic ingenuity to simplify than engineers and lawyers and also have developed a greater dry sense of humor.

  • @KipKrumwiede
    @KipKrumwiede ปีที่แล้ว +3

    This is awesome. I had a sore throat and raspy voice yesterday so wanted to show a video about job costing in my intro to managerial accounting class. I found this one my Michael McLaughlin and fell off my chair. Students liked it as well, although its hard to get any kind of big reaction from my students. And I discovered what your doing with Edspira and find it all inspiring. Thanks and keep em coming! -Kip Krumwiede, Virginia Commonwealth University

    • @Edspira
      @Edspira  ปีที่แล้ว

      Thank you so much for the kind words and encouragement, Kip! I hope you feel better and I'm glad the video came in handy for class!

  • @aliceinhappinesss2725
    @aliceinhappinesss2725 2 ปีที่แล้ว +11

    this video really saved me with my homework!!!!! AND I really love this humorous way of teaching. thank you😁😍

    • @Edspira
      @Edspira  2 ปีที่แล้ว

      I'm glad I could bring a little joy to your day! 😀

  • @juniperdoggo
    @juniperdoggo ปีที่แล้ว +2

    I've been reading & rereading my textbook and had not gotten this info to stick. Your videos are amazing! Now if only I could stop chasing raccoons who have stolen my baked goods...

    • @Edspira
      @Edspira  ปีที่แล้ว

      Ha, I love it! I'm so glad you're finding the videos helpful!

  • @barackobama3719
    @barackobama3719 ปีที่แล้ว

    I move the comedic touch to your informative videos

  • @Phyra02
    @Phyra02 2 ปีที่แล้ว +1

    I need this guy to teach my ENTIRE course.

    • @Edspira
      @Edspira  2 ปีที่แล้ว

      😀

  • @codysimpson5522
    @codysimpson5522 2 ปีที่แล้ว +1

    I am about to graduate thanks to this guy!

    • @Edspira
      @Edspira  2 ปีที่แล้ว +1

      Congratulations!!!

  • @goldenbuddy6181
    @goldenbuddy6181 2 ปีที่แล้ว +1

    Thanks for making the concept so entertaining and easy to understand. The best accounting videos by far !

    • @Edspira
      @Edspira  2 ปีที่แล้ว

      Thank you so much!

  • @caominhthong6436
    @caominhthong6436 2 ปีที่แล้ว +1

    Just preparing for my upcoming Fall Semester and I found your channel, really appreciate your effort in the contents, keep it up !

    • @Edspira
      @Edspira  2 ปีที่แล้ว

      Thank you! Will do!

  • @Lex-zq3mb
    @Lex-zq3mb 2 ปีที่แล้ว +2

    My acct professor is funny but can't really tie it into lessons, he kinda just goes off on interludes in the middle of doing a problem haha. I appreciate ur crazy talent with somehow making the actual accounting stuff funny, it really helped me understand jobs and I couldn't figure out the purpose of PDOR until this video, so thanks for that!

    • @Edspira
      @Edspira  2 ปีที่แล้ว

      Thank you for the kind words, I'm glad you're understanding it now!

  • @big864
    @big864 ปีที่แล้ว +2

    good humor for an accounting professor

    • @Edspira
      @Edspira  ปีที่แล้ว +1

      😂

  • @mohamedkhaled8555
    @mohamedkhaled8555 2 ปีที่แล้ว +3

    I understood and have fun at the same time.
    thank you!!

    • @Edspira
      @Edspira  2 ปีที่แล้ว

      I'm so happy you enjoyed the video!

  • @MrSaflou
    @MrSaflou ปีที่แล้ว

    you are a hero Mr Micheal

  • @HayleyStahl
    @HayleyStahl ปีที่แล้ว +1

    You're great! This is my first time watching you where have you been all my accounting life?

    • @Edspira
      @Edspira  ปีที่แล้ว

      Wow, thank you!

  • @adobotravels
    @adobotravels 9 หลายเดือนก่อน +1

    I’ve already taken some accounting classes in University. He was ON POINT with the switching majors 😂
    Sometimes it’s the “boring” work that is beneficial and finds you jobs. You can’t find much with “entertainment “liberal arts degrees.

  • @francescociccone2224
    @francescociccone2224 ปีที่แล้ว +1

    very well explained, thank you!

    • @Edspira
      @Edspira  ปีที่แล้ว

      Glad you enjoyed it!

  • @cydknee865
    @cydknee865 ปีที่แล้ว

    so so so helpful! Needed to understand this concept for my managerial class, but the textbook is awful. Thank you for explaining this!!

  • @teresacolon8651
    @teresacolon8651 10 หลายเดือนก่อน

    I had to watch this three time, to focus. I couldn't take you and Wilson seriously; couldn't stop laughing, still laughing. Thank you, super resourceful and helpful.

  • @folakeanu5626
    @folakeanu5626 4 หลายเดือนก่อน

    Thank you so much. I found this very helpful.

  • @pedromoreira2619
    @pedromoreira2619 2 ปีที่แล้ว +2

    😀 thank you for helping me remember those concepts... and for for your sense of humor!!!

    • @Edspira
      @Edspira  2 ปีที่แล้ว

      No problem, I'm glad it brought a smile to your face!

  • @Vendzor
    @Vendzor 11 หลายเดือนก่อน +2

    I took financial/managerial accounting in the spring of 2023. Now here I am in the fall taking Biochemistry, cell biology, Histology, and calculus, wishing i was back here 😂😂

  • @alina_zosh
    @alina_zosh 2 ปีที่แล้ว +1

    The best explanation i ve ever seen

    • @Edspira
      @Edspira  2 ปีที่แล้ว

      Thank you!

  • @carlanisola1332
    @carlanisola1332 ปีที่แล้ว

    Best Explanation ever!

    • @Edspira
      @Edspira  ปีที่แล้ว

      Glad it was helpful!

  • @oliverlozano7901
    @oliverlozano7901 ปีที่แล้ว

    Definitely my way to learn

  • @solaiman4986
    @solaiman4986 ปีที่แล้ว

    Interesting content, and it makes the idea easy to grasp. Thanks a lot.

  • @MyFinancialFocus
    @MyFinancialFocus 2 ปีที่แล้ว +2

    Love these different business strategies :)

  • @chrisninasp8742
    @chrisninasp8742 7 หลายเดือนก่อน +1

    I just cracked up when he said "if you changed your major to philosophy or sport, you will face with an unemployment" lol lol so true

  • @zawadulhoque4511
    @zawadulhoque4511 9 หลายเดือนก่อน

    Hours of lecture saved there

  • @carenasemerel1953
    @carenasemerel1953 ปีที่แล้ว +1

    You the best😂 I had so much fun while learning…

    • @Edspira
      @Edspira  ปีที่แล้ว

      So glad you enjoyed the video!

  • @a.a.a5633
    @a.a.a5633 ปีที่แล้ว

    I wish all my Dr like you

  • @bridgetmcnaughton8864
    @bridgetmcnaughton8864 7 หลายเดือนก่อน +1

    Ahh not your advise at the end: I’m a marketing major who has to take this course!

  • @americxno
    @americxno 19 วันที่ผ่านมา

    the way I watched this and am now gonna run to see if there's process costing videos

  • @Outerghost559
    @Outerghost559 ปีที่แล้ว

    This is quality content!

  • @m.eshaqstanikzai7430
    @m.eshaqstanikzai7430 2 ปีที่แล้ว +1

    Thank you. I really learned it.

    • @Edspira
      @Edspira  2 ปีที่แล้ว

      I'm glad you enjoyed the video!

  • @khloekarls12
    @khloekarls12 9 หลายเดือนก่อน

    Laughed all the way through. So funny😂

  • @ecosystems
    @ecosystems 11 หลายเดือนก่อน

    At the end of the video he lists the 3 rules in life... the first being "Don't date Marketing majors". Hilarious! My first degree was a Marketing degree. My second was an Accounting degree 1 year later. I had received that advice just before starting my Senior year from two separate business men. Glad I took it...

  • @Sucrerouxx
    @Sucrerouxx ปีที่แล้ว

    You’re amazing thank you

  • @ThatWeirdGuyFromWork
    @ThatWeirdGuyFromWork 2 ปีที่แล้ว +1

    The humor is JUST the right amount of unhinged.

    • @Edspira
      @Edspira  2 ปีที่แล้ว

      😂

  • @khanworld2027
    @khanworld2027 2 ปีที่แล้ว

    in whole lecture i just focus on sir hand motions and his big eyes .and cant focus on what he delivered .SIR u are seem like hollywood acter

  • @riaddahmane6634
    @riaddahmane6634 ปีที่แล้ว

    Thank you so much

  • @sakshamamb
    @sakshamamb 2 ปีที่แล้ว +5

    Sometimes I feel guilty for watching it for free

    • @Edspira
      @Edspira  2 ปีที่แล้ว +1

      I'm just happy you're enjoying the videos!

  • @sharengonsalves8812
    @sharengonsalves8812 2 ปีที่แล้ว +1

    What is the difference between normal costing and absorption costing?

    • @Edspira
      @Edspira  2 ปีที่แล้ว +1

      Normal costing is when a company applies manufacturing overhead using a predetermined overhead rate. Absorption costing is when a manufacturer treats the cost of direct materials used, direct labor, variable manufacturing overhead, and fixed manufacturing overhead as inventoriable costs (in contrast to variable costing, where a manufacturer treats the fixed component of variable manufacturing overhead as a period cost).

  • @jacobnotte3699
    @jacobnotte3699 2 ปีที่แล้ว

    Thank you :)

  • @DominicAbbo-j9g
    @DominicAbbo-j9g 8 หลายเดือนก่อน

    You saved me

  • @danzz7583
    @danzz7583 2 ปีที่แล้ว +1

    ok honestly i wasn't expecting to laugh this hard watching an educational video... LOL

    • @Edspira
      @Edspira  2 ปีที่แล้ว +1

      You just made my day! Glad you enjoyed the video!

  • @Daniel.Hernandex
    @Daniel.Hernandex 2 ปีที่แล้ว +1

    3 rules of life, don’t date marketing majors Lmfao 🤣 I’m dying. Love these videos

    • @Edspira
      @Edspira  2 ปีที่แล้ว

      😀

  • @victorchukwugenem2390
    @victorchukwugenem2390 ปีที่แล้ว

    This guy is a comedian

  • @shellyt556
    @shellyt556 2 ปีที่แล้ว +1

    Does a bill for having your car serviced fall under job order costing?

    • @Edspira
      @Edspira  2 ปีที่แล้ว +2

      Yes, a mechanic could definitely use job costing. They would assign the cost of parts, labor, and overhead to the job. The bill that the customer receives would include a markup (e.g., the auto shop might pay their mechanics $50/hour but charge you $80/hour for labor).

  • @petard7267
    @petard7267 2 ปีที่แล้ว +1

    good

    • @Edspira
      @Edspira  2 ปีที่แล้ว

      Thank you!

    • @petard7267
      @petard7267 2 ปีที่แล้ว

      @@Edspira no, really, this is like 100x better than my accounting prof in one of the best university in Asia, which I paid like $40k a year. Props

  • @24filipinagirl
    @24filipinagirl 9 หลายเดือนก่อน

    *Cries tears of a Marketing Major*

  • @AurpitaDasAurpa2112
    @AurpitaDasAurpa2112 15 วันที่ผ่านมา

    watching this 2 days before my act mid (im a marketing major XD), wish me luck (im cooked)

  • @NorthernLightsExperiment
    @NorthernLightsExperiment 2 ปีที่แล้ว

    Question about pension 404c erisa does this type of pension cant be withdrawn at all unless you at the retirement age? I separated from a union and wanted to withdraw but there are saying its not possible is this correct?

    • @Edspira
      @Edspira  2 ปีที่แล้ว

      I'm not familiar with that, sorry!

  • @LorenaMartinez254
    @LorenaMartinez254 2 ปีที่แล้ว +2

    me watching the whole thing = :D
    me when you said never date a marketing major = D:

  • @andyjohnson9714
    @andyjohnson9714 2 หลายเดือนก่อน

    CEO of sears 😅

  • @JadeKing46
    @JadeKing46 หลายเดือนก่อน

    me a marketing major:(

  • @isaactigges3132
    @isaactigges3132 9 หลายเดือนก่อน

    "Don't date marketing majors" haha

  • @theMerdan
    @theMerdan 2 ปีที่แล้ว +1

    Excuse me? What do you have against marketing major students? hahahaha

    • @Edspira
      @Edspira  2 ปีที่แล้ว +2

      😀

  • @khalilfuller4939
    @khalilfuller4939 10 หลายเดือนก่อน

    Mann 😂