Cost Accounting Methods

Cost accounting methods encompass the techniques utilized to record, analyze, and summarize costs associated with the production and operations of a business, thereby providing the basis for budgeting, pricing, and decision-making to enhance financial efficiency and performance.

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Lesson Videos

Cost Accounting Fundamentals Overview and Objectives lesson thumbnail Cost Accounting Fundamentals Overview and Objectives Introduction to Cost Accounting Fundamentals lesson thumbnail Introduction to Cost Accounting Fundamentals Cost Accounting Terms and Formulas lesson thumbnail Cost Accounting Terms and Formulas Direct Costs lesson thumbnail Direct Costs Indirect Costs lesson thumbnail Indirect Costs Cost Drivers and Activity Centers lesson thumbnail Cost Drivers and Activity Centers Product vs. Period Costs lesson thumbnail Product vs. Period Costs Spoilage lesson thumbnail Spoilage Relevant Range lesson thumbnail Relevant Range Variable and Fixed Costs lesson thumbnail Variable and Fixed Costs Cost Accounting Fundamentals Summary lesson thumbnail Cost Accounting Fundamentals Summary Cost Accounting Fundamentals - Practice Questions lesson thumbnail Cost Accounting Fundamentals - Practice Questions

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Performance Analysis & Cost Accounting
Module: 4 Concepts, 44 Lessons
Performance Management Metrics Overview and Objectives
1:43
Introduction to Performance Management Metrics
2:13
Productivity Ratios
4:20
Benchmarking
2:30
Supply Chain Processes
4:59
Theory of Constraints
3:45
Reorder Point
4:40
Costs of Quality
4:54
Balanced Scorecard
10:35
Return on Investment
8:16
Performance Management Formulas
16:35
Supply Chain Management
1:34
Performance Management Metrics Summary
1:00
Performance Management Metrics - Practice Questions
11:59
Variance Analysis Overview and Objectives
2:03
Introduction to Variance Formulas
7:35
Examples of Variance Calculations
16:29
Flexible Budget Variances
2:20
Variance Analysis Summary
1:21
Variance Analysis - Practice Questions
17:10
Cost Accounting Methods Overview and Objectives
1:44
Absorption Costing vs. Variable Costing
7:55
Traditional Costing
5:04
Cost Drivers and Activity Centers - Quick Refresher
1:52
Joint Costing Allocation Methods
3:32
Process Costing
1:39
Job-Order Costing
1:25
Activity-Based Costing
10:18
Joint Cost at NRV and Joint Cost at Split-Off
11:49
Equivalent Units of Production
24:51
Cost Accounting Methods Summary
1:16
Cost Accounting Methods - Practice Questions
12:27
Cost Accounting Fundamentals Overview and Objectives
1:58
Introduction to Cost Accounting Fundamentals
3:37
Cost Accounting Terms and Formulas
6:10
Direct Costs
16:11
Indirect Costs
2:07
Cost Drivers and Activity Centers
7:35
Product vs. Period Costs
2:05
Spoilage
2:00
Relevant Range
3:07
Variable and Fixed Costs
2:24
Cost Accounting Fundamentals Summary
1:21
Cost Accounting Fundamentals - Practice Questions
9:57