Cost Accumulation, Tracing, and Allocation Chapter 5 Introduction


Download 461 b.
Sana13.08.2017
Hajmi461 b.
#13378



Cost Accumulation, Tracing, and Allocation

  • Chapter 5



Introduction



Using Cost Drivers to Accumulate Costs



Using Cost Drivers to Accumulate Costs



Estimated Versus Actual Cost



Estimated Versus Actual Cost



Estimated Versus Actual Cost



Assigning Cost to Objects in a Retail Business



Assigning Cost to Objects in a Retail Business



Assigning Cost to Objects in a Retail Business



Assigning Cost to Objects in a Retail Business



Allocating Indirect Costs to Departments



Allocating Indirect Costs to Departments



Assigning Cost to Objects in a Retail Business



Assigning Cost to Objects in a Retail Business



Assigning Cost to Objects in a Retail Business



Assigning Cost to Objects in a Retail Business



Assigning Cost to Objects in a Retail Business



Assigning Cost to Objects in a Retail Business



Assigning Cost to Objects in a Retail Business



Assigning Cost to Objects in a Retail Business



The Effects of Cost Behavior on Cost Driver Selection



Using Volume Measures to Allocate Variable Manufacturing Overhead



Using Volume Measures to Allocate Variable Manufacturing Overhead



Using Volume Measures to Allocate Variable Manufacturing Overhead



Using Volume Measures to Allocate Variable Manufacturing Overhead



Using Volume Measures to Allocate Variable Manufacturing Overhead



Selecting the Best Cost Driver



Selecting the Best Cost Driver



Allocating Fixed Overhead Costs



Allocating Fixed Overhead Costs



Allocating Fixed Overhead Costs



Allocating Costs to Solve Timing Problems



Allocating Costs to Solve Timing Problems



Establishing Cost Pools



Establishing Cost Pools



Allocating Joint Costs



Allocating Joint Costs

  • Key terms

    • Joint products – products resulting from a process with a common input.
    • Split-off point – the stage of processing where joint products are separated.
    • Joint cost – costs of processing joint products prior to the split-off point.


Allocating Joint Costs



Allocating Joint Costs



Joint Cost Allocation Methods



Joint Cost Allocation Methods



Physical Quantities Method



Physical Quantities Method



Physical Quantities Method



Physical Quantities Method



Relative Sales Value Method



Relative Sales Value Method



Relative Sales Value Method



Relative Sales Value Method



By-Products



Joint Costs and the Issue of Relevance

  • The allocated portion of a joint cost is not relevant to a decision regarding further processing.

  • A product should be processed beyond the split-off point only if if the incremental revenue exceeds the incremental processing costs.



Cost Allocation: The Human Factor



Cost Allocation: The Human Factor



Cost Allocation: The Human Factor



Cost Allocation: The Human Factor



Cost Allocation: The Human Factor



Cost Allocation: The Human Factor



Cost Allocation: The Human Factor



End of Chapter 5



Download 461 b.

Do'stlaringiz bilan baham:




Ma'lumotlar bazasi mualliflik huquqi bilan himoyalangan ©fayllar.org 2024
ma'muriyatiga murojaat qiling