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Chapter 5 (adapted) — Process Costing

Chapter 5 Outline

5.0  Why It Matters

LO 5.1  Chapter 5 LO 1 — Compare and Contrast Job Order Costing and Process Costing

LO 5.2  Chapter 5 LO 2 — Explain and Identify Conversion Costs

LO 5.3  Chapter 5 LO 3 — Explain and Compute Equivalent Units and Total Cost of Production in an Initial Processing Stage

LO 5.4  Chapter 5 LO 4 — Explain and Compute Equivalent Units and Total Cost of Production in a Subsequent Processing Stage

LO 5.5  Chapter 5 LO 5 — Prepare Journal Entries for a Process Costing System

 

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Managerial Accounting adapted by SPSCC Copyright © 2019 by OpenStax-Rice University is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.

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