Cost Accounting: Job Costing, Process Costing, ABC & Standar

About this course

Master cost accounting systems used in business and tested on CMA Part 1 Section D – Cost Management. This course teaches the core cost accounting methods managers use to track costs, allocate overhead, and control operations: job-order costing, process costing, activity-based costing (ABC), and standard costing. You will start with manufacturing costs (direct materials, direct labor, and manufacturing overhead) and how they appear in the cost of goods manufactured and the financial statements. Then you will work through each major costing system with lectures, demonstration problems, quizzes, and case studies.What you will learnManufacturing costs and inventory accounts: raw materials, WIP, and finished goodsJob-order costing for customized production, including predetermined overhead ratesProcess costing, equivalent units, and the weighted-average methodActivity-based costing and how ABC changes product cost compared with traditional overheadStandard costing and using variances to control costsPractical cases (including Southwest Airlines, Apex Furniture, Crystal Paints, Precision Inc., and Nova Tech)Excel practice problems with solutionsWho this course is forCMA candidates preparing for Part 1 Section D (Cost Management)College students in cost or managerial accountingManagers and accountants who need a clear review of costing systemsRequirement: A basic financial accounting course. This is a focused cost accounting course, not a full CMA mock exam. Enroll now and build the costing skills used in class, at work, and on the CMA exam.