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Job Costing and Batch Costing
20 Lessons -
Welcome to this Online Course on Job Costing and Batch Costing
In this course you will learn :
1.Methods of Costing
2.Meaning of Job Costing
3.Principles and Process of Job Costing
4.Suitability of Job Costing
5.Format of Job Cost Sheet
6.Difference between Job Costing and Process Costing
7.Accounting for Materials - (Procedure for Job Costing)
8.Accounting for Labour - (Procedure for Job Costing)
9.Accounting for Overheads - (Procedure for Job Costing)
10.Treatment of Spoiled and Defective Work - (Procedure for Job Costing)
11.Entries in Control Accounts
12.Case 1 Journal Entries in Cost Accounting
13.Case 2 Preparation of Job Cost Sheet
14.Case 3 Preparation of Factory Cost Statement and Invoice Price of Job
15.Meaning of Batch Costing
16.Case 4 Calculation of Cost and Profit per piece of each batch
17.Case 5 Preparation of Statement of Cost under Batch Costing
18.Economic Batch Quantity
19.Case 6 Determination of Economic Batch Quantity
20.Case 7 Calculation of EBQ and Minimum Inventory Holding Cost