Introduction to Manufacturing Accounting - Standard Costing.
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Brief Introduction
Standard Costing in a ´Widget´ Environment.Description
This course is an introduction to Accounting in a Manufacturing environment, where you wish to use Standard Costing for accounting for the costs of making the items. Students will learn about: Inputs, Standards, Raw Materials, Work in Process, Finished Goods, and Cost of Goods Sold. We also have a detailed bonus lesson on Overhead Allocation. We will look at a case study, and have a demonstration on an Accounting software program.
Requirements
- Requirements
- A good understanding of General Accounting and book-keeping as this is a specialty course.