ORIE 350 Final Exam Review Sheet

ORIE 350 Final Exam Review Sheet - Kristin Chen OR& I E...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Kristin Chen OR& I E 350 Final Exam Review Sheet • Process Costing— F IFO EUOP EU to finish beg. WIP +united started & completed +EU in ending WIP EUOP COST/EU = cost added EUOP Cost of Goods Transferred Cost in beg. WIP +EU to finish beg. WIP x COST/EU +united started & completed CGT • Process Costing—Weighted Average EUOP = units transferred + EU in ending WIP COST/EU = cost in beg. WIP + cost added EUOP CGT = COST/EU x # of units transferred • Process Costing: do separately for Direct Materials, Conversion costs, & Transferred-In Costs • Cost reconciliation Cost in beg. WIP + cost added = CGT + cost in ending WIP • Learning Curve Use regression to extrapolate Power regression: Y = aX b Linear regression: Y = ax + b Is learning taking place or are costs constant? Does learning apply to all costs or just a fraction? Labor only? Total costs?...
View Full Document

This note was uploaded on 04/05/2009 for the course ORIE 350 taught by Professor Callister during the Summer '08 term at Cornell.

Page1 / 6

ORIE 350 Final Exam Review Sheet - Kristin Chen OR& I E...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online