OBJ _UNIT3_10

OBJ_UNIT3_10 - 4 Indicate how the pre-determined overhead rate is determined and used 5 Calculate under applied and over applied overhead and

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APPLIED MANAGERIAL ACCOUNTING - ACCT2460 UNIT 3: JOB ORDER COST ACCOUNTING TEXTBOOK REFERENCE : Weygandt/Keiso Chapter 3 Learning Outcomes 1. Distinguish between a Job order cost systems and a process cost system. 2. Describe the flow of costs in a job-order cost system using T-accounts including T-accounts for each job. 3. Explain the nature and importance of a job cost sheet and related supporting documents (material requisition slips; time tickets).
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Unformatted text preview: 4. Indicate how the pre-determined overhead rate is determined and used. 5. Calculate under applied and over applied overhead and distinguish between the two. 6. Describe the terms listed in the glossary. Demonstration/Assignment problems: BE3-6, BE3-7, E3-11, E3-13, E3-14, E3-15, E3-16, E3-21, P3-24A, P3-25A, P3-28A, P3-29A, P3-30A T-account postings only----no journal entries)...
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This note was uploaded on 03/03/2012 for the course ACCT 2460 taught by Professor Farrar during the Winter '12 term at Conestoga.

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