cost Accounting |Element of cost accounting |Direct material cost |Direct labour cost |Indirect cost
ฝัง
- เผยแพร่เมื่อ 14 ต.ค. 2024
- there are 3 elements of cost this are material cost,labor cost and expense. Based on nature cost can be classified direct material cost,indirect material cost,direct labour cost,indirect labor cost,direct expense ,indirect expense and overhead cost
#costmanagement #costaccounting #Accounting
👌🙏
Awesome teaching. It is good for learning especially during quarantine. 👍
Good work ...keep it up its helpful
very very i appropriate you and i say thank you
You are on right track Please make IFRS On Building Contractions Company Necessary accounting Treatment
We getting the best educational background
Thank u dear, it's well organized
ትምህርትህ በጣም ይመቻል በዚሁ ቀጥልበት በርታ
አመሰግናለሁ
Wow! good explanation. bless you.
thanks for learning it
I LIKE YOUR LECTURE 👏👏👏👏 i want a lecture about cost behaviour and estimation
Thank u my teacher
Wonderful
👌👌👌👌👌👌👌👌👌👌🤚👌
Good job
Thakyou
አመሰግናለሀ
It is good presentation
አመሰግናለሁ
እናመሰግናለን
Good jope❤❤❤
Thanks dear techer
Thank you too
Tank you example exersis edat edemesera bekutier betasayen memhirachn
good job continue
Bro thank you
Thank you bro
Direct labour really allocate or not ?
it is good for learning method but not wide this is very short.
Ok. Thanks
Calculation manufacturing cost
Arife
እናመሰግናለን ቀጣይ
Budget alserahim inde atawu??????
Can we use excel to calculate cost?
Yes
vat, income tax & pension be E-tax endet endeminasawik asayene
Ok i will but not know
cost classification of costs likekilin ebakih
galatoomi hundaafu baayyee
pls advanced accouting 1 ena fm2 sraln mr
Betaam ariif nw
Cost accounting ll (2)seral Please
Ok
በቴሌግራም ማቴሪያሎችን እፈልጋለሁ
co
Festival yemtastemrewy amesegenalhu
Advanced financial accounting yzegajln
The following information reflects Afro Addis Companys job order production activities for May.
Raw Materials Purchases
$16,000
Factory payroll cost
15,400
Overhead costs incurred
Indirect materials
5,000
Indirect labor
3,500
Other factory overhead
9,500
Afro Addiss predetermined overhead rate is 150% of direct labor cost. Costs are allocated to the three jobs worked on during May as follows.
Job 401
Job 402
Job 403
In-process balances on April 30
Direct materials
$3,600
Direct labor
1,700
Applied overhead
2,550
Costs during May
Direct materials
3,550
$3,500
$1,400
Direct labor
5,100
6,000
800
Applied overhead
?
?
?
Status on May 31
Finished (sold)
Finished (unsold)
In process
Required: Determine the total cost of:
The April 30 inventory of jobs in process.
Materials and Labor used during the May.
Factory overhead incurred and applied during May and the amount of any over- or under applied overhead on May 31.
Each job as of May 31, the May 31 inventories of both goods in process and finished goods, and the goods sold during May.
Prepare summarized journal entries for the month to record:
Materials purchases (on credit), the factory payroll (paid with cash), indirect materials, indirect labor, and the other factory overhead (paid with cash).
Assignment of direct materials, direct labor, and overhead costs to the Goods in Process Inventory account. (Use separate debit entries for each job.)
Transfer of each completed job to the Finished Goods Inventory account.
Cost of goods sold. Removal of any under applied or over applied overhead from the Factory Overhead account. (Assume the amount is not material.)
Prepare a manufacturing statement for May.
Yihen tiyake litagizen tichilaleh
Wendema.demereg.adess.neg.enamesegenalen
Good work ...keep it up its helpful