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Cost Accounting I: Job Order Cost Accounting (Paper-Based)

(Course Available After Purchase)Instructor: James Crigler$265

Overview:
Learn the accounting concepts for materials, timekeeping, payroll, and the allocations of overheads. Part of Accounting and Federal Government Accounting Procedures Certificates. ACE College Credit Recommendation Service reviewed.

In this independent study paper-based course, you submit assignments to an instructor, who grades them and gives you feedback. The course manual comes with a CD that supplements course content. Textbooks must be purchased separately. Take up to one year to complete

Who Should Attend?
Accountants and auditors who need to document professional knowledge of accounting, professional ability to apply accounting knowledge, and positive and continuing development of professional knowledge and ability.
Prerequisites:
Principles of Accounting I (ACCT1101C), Principles of Accounting II (ACCT1102C), Principles of Accounting III (ACCT1103C), Intermediate Accounting I (ACCT2201C), and Intermediate Accounting II (ACCT2202C) or the equivalent.
Additional Information:
Order textbooks from Specialty Books. Select subject area Accounting and Auditing, then select course.
Objectives:
  • Record accurately the entries for materials, timekeeping, payroll and allocation of overhead
  • Assign these cost components to the cost sheet established for each job
  • Syllabus:
    Syllabus -- COST ACCOUNTING I: JOB ORDER COST ACCOUNTING, ACCT2250C, Grad. School, USDA Required Textbooks
    Order textbooks from Specialty Books

    Description:
    This course fully explains accounting for materials, timekeeping, payroll, and the allocations of overheads. Training and practice are provided in the assignment of these cost components to the cost sheet established for each job.

    Contents:

    Lesson 1
    • Chapter 1 - Monitoring Cost
    • Chapter 2 - Job Order Cost Cycle
    Lesson 2
    • Chapter 3 - Purchasing Materials
    • Chapter 4 - Storing and Issuing Materials
    Lesson 3
    • Chapter 5 - Controlling and Valuing Inventory
    • Chapter 6 - Timekeeping and Payroll
    Lesson 4
    • Chapter 7 - Charging Labor Costs into production
    • Chapter 8 - Departmentalizing Overhead Costs
    Lesson 5
    • Chapter 9 - Setting Overhead Rates
    • Chapter 10 - Applying manufactured Overhead
    Lesson 6
    • Chapter 11 - Completing the Cost Cycle
    • Chapter 12 - Scrap, Spoiled Goods and Defective Goods
    Lesson 7
    • Mini Practice Set I
    Lesson 8
    • Proctored Final Examination, which includes Comprehensive Tests 1 and 2.


    Course Details
    CODE:  ACCT2250C
    TYPE:  Distance Education
    LENGTH:  Up to 1 Year(s)
    CREDIT:  1
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