Process and Activity-Based Costing. Managerial and Cost Accounting

Author(s): Walther L.M., Skousen C.J.

Description:
Bookboon, 2010. — 39 p. — ISBN: 978-87-7681-588-2.
This book is the eleventh of fifteen books which introduces the basic principles of accounting. In this book you will learn about process and activity-based costing. Key costing concepts include: cost flows, equivalent units, cost allocation to completed units and units in process, journal entries, identifying activities, determining traceable costs and allocation rates, and assigning costs based upon predetermined overhead rates.

Content.
Process Costing and Activity-Based Costing.
Process Costing.
Equivalent Units.
Cost Allocation to Completed Units and Units in Process.
Activity-Based Costing.