PPT-INVENTORY AND OVERHEAD

Chapter Fifteen Copyright 2014 by The McGrawHill Companies Inc All rights reserved McGrawHillIrwin List the key assumptions of each inventory method Calculate the cost of ending inventory and cost of goods sold for each inventory method. Lecture Material. Objective. : . This lecture material can . be used to increase awareness of the overhead material handling industry and its products. The target audience . is any . academic who . wants to . Chapter Eighteen. Copyright © 2014 by The McGraw-Hill Companies, Inc. All rights reserved.. McGraw-Hill/Irwin. List the key assumptions of each inventory method.. Calculate the cost of ending inventory and cost of goods sold for each inventory method.. ©2015. University . of North Florida. All rights reserved. . Product Costing – . Completing and Selling Products. Managerial Accounting. Prepared by Diane Tanner. University of North Florida. Chapter . ©2015. University . of North Florida. All rights reserved. . Product Costing – . Assigning Product Costs. Managerial Accounting. Prepared by Diane Tanner. University of North Florida. Chapter 30. 2. . Cost Accounting: . Foundations & Evolutions, 9e. . Kinney and Raiborn. Learning Objectives . Why and how are overhead costs allocated to products and services?. What causes underapplied or overapplied overhead, and how is it treated at the end of a period?. Cost Accounting Principles, 9e. Raiborn. . ● . Kinney. Learning Objectives . Why and how are overhead costs allocated to products and services?. What causes underapplied or overapplied overhead, and how is it treated at the end of a period?. Recording and Evaluating Conversion Process Activities. 9-. 2. What are the Primary Activities in the Conversion Process?. Schedule production. Obtain raw materials (internal transfer). Use labor and manufacturing resources to convert raw materials into finished goods. Appendix 10A. Learning Objective 4. Compute . and interpret the fixed overhead budget and volume variances.. Budget variance. Fixed Overhead Budget Variance. Budget. variance. Budgeted. fixed. overhead. . New technology introduced terms like multimedia, hypermedia, etc. But let us admit that technology divide is real. Many schools especially those who have not been reached by electricity for one reason or another, do not have a computer. A few schools maybe bountifully blessed with computers and computer-literate teachers. But most schools are not as blessed. They may have at least one computer but teachers may have not been trained to use it. As a result, they resort to the chalkboard, the most available classroom equipment and the overhead projector which has become quite popular in schools.. of North Florida. All rights reserved. . Reporting Product Costs. Managerial Accounting. Prepared by Diane Tanner. University of North Florida. Chapter 33. Flow of Costs. Beginning Work in Process . Total . C. rane Pre-op Inspections. 1. Disclaimer. The following information is for . informational use . only. . This is not intended to replace or add on to the . state/federal . regulations or guidelines.. Absorption of factory overheads. Introduction: . Once departmentalization (both primary & secondary) is completed , the total overhead cost pertaining to a production department or cost centre is to be charged to the cost of products cost units.. Understand . prevalence. . of specific shoulder pathologies. Differentiate between normal shoulder complex . anatomy and adaptive anatomy . due to influence from overhead athletics. Identify . key risk factors . -. Overhead.  refers to the ongoing business expenses not directly attributed to creating a product or service. It is important for budgeting purposes but also for determining how much a company must charge for its products or services to make a...