管理会计3 Systems Design Job-Order Costing.pptVIP

Chapter Three Product Cost Flows Learning Objective 1 Types of Product Costing Systems Types of Product Costing Systems Types of Product Costing Systems Types of Product Costing Systems Comparing Process and Job-Order Costing Learning Objective 2 Job-Order Costing – An Overview Direct Manufacturing Costs The Job Cost Sheet Measuring Direct Materials Cost Measuring Direct Materials Cost Measuring Direct Labor Costs Job-Order Cost Accounting Learning Objective 3 Manufacturing Overhead Application The predetermined overhead rate (POHR) used to apply overhead to jobs is determined before the period begins. Application of Manufacturing Overhead Overhead Application Rate Job-Order Cost Accounting Job-Order Cost Accounting Interpreting the Average Unit Cost Quick Check ? Job WR53 at NW Fab, Inc. required $200 of direct materials and 10 direct labor hours at $15 per hour. Estimated total overhead for the year was $760,000 and estimated direct labor hours were 20,000. What would be recorded as the cost of job WR53? a. $200. b. $350. c. $380. d. $730. Quick Check ? Job WR53 at NW Fab, Inc. required $200 of direct materials and 10 direct labor hours at $15 per hour. Estimated total overhead for the year was $760,000 and estimated direct labor hours were 20,000. What would be recorded as the cost of job WR53? a. $200. b. $350. c. $380. d. $730. Learning Objective 4 Job-Order CostingDocument Flow Summary Job-Order CostingDocument Flow Summary Job-Order CostingDocument Flow Summary Job-Order CostingDocument Flow Summary Learning Objectives 5 The Purchase and Issue of Raw Materials Cost Flows – Material Purchases Raw material purchases are recorded in aninventory account. Cost Flows – Material Usage Direct materials issued to a job increase Work in Process and decrease Raw Materials. Indirect materials used are charged to Manufacturing Overhead and also decrease Raw Materials. The Recording of Labor Costs The Recording of Labor Costs The cost of direct labor in