5.00
(1 Rating)

Process Costing Part 1 (Man Acc 278): Class 1A (Weighted Average Method)

Categories: Process Costing
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About Course

This class introduces the concept of Process Costing and where it is applicable. It then explains how to apply this method to allocate manufacturing costs to the applicable accounts. It includes only an example on the Weighted Average Method (and not the First-in-first-out Method).

What Will You Learn?

  • Understanding when Process Costing is applicable
  • Understanding the concept of equivalent units
  • How to apply Process Costing to allocate manufacturing costs
  • Example of Weighted Average Method

Course Content

Process Costing Part 1_Class 1A

  • Process Costing Part 1_Class 1A (Weighted Average Method)
  • Process Costing Part 1_Class 1A Video
    48:00

Student Ratings & Reviews

5.0
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MC
2 years ago
Really well explained. It helped me a lot and I was able to follow the entire way. Definitely works very well for me and I will continue with these lessons.