Learn the Role and Major Topics of Managerial and Cost Accounting and Learn and Practice the Excel Bridge Method: One Method, One Formula, One Graph for the Entire Course. Like all Practical Accounting modules, a beginner friendly workbook is included, along with a walk through of how to use Excel to stay organized and speed up your calculations. Lesson 2 also contains extra Excel worksheets to help you during any homework calculations you are assigned in your personal studies!
Lesson 1: Process Costing
Learn and practice the straightforward Bridge computation of Process Costing in Excel.
- Overview and Terminology of Process Costing
- Process Costing Frozen Pizza Factory Video and Classification Drill
- Process Costing Flow of Costs and Transactions-Fantastic Frozen Pizza
- Intro Bridge Format Process Costing and Equivalent Units of Production
- Process Costing Puzzle and Exercise with Keys
Lesson 2: ABC Activity Based Costing
Learn the Concepts and practice the Bridge computation of Activity Based Costing and Cost Management Strategies.
- A Brief Look Inside Activity Based Costing
- Overview and Terminology of ABC: Comparison of Flow of Costs Traditional and ABC
- Example ABC / ABM- Logistics Operations
- Your Own Coffee Shop- ABC Computation Example, Practice Puzzle and Extra Worksheets for Homework
- Cost Management Strategies and Benefits