Cost Accounting

Accounting Courses , Cost Accounting ,

Cost Accounting

This course covers topics taught in a Cost Accounting course at a graduate/undergraduate level. This course covers 20 to 25 % of the BEC section of the CPA exam and 30 to 40% of the CMA Exam.

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Mansour Farhat · 21 March 2023

Course Description

This course benefits cost accounting students, CPA (BEC) and CMA candidates. It is a supplementary course for your education and an investment in your future.

Course Topics:

Cost Management and Strategy
Cost Volume Profit analysis
Job Order Costing
Process Costing
Activity Based Costing
Variable Versus Absorption Costing
Cost Allocation
Variance Analysis
Joint Products & By-Product Costing
Special Orders
Accounting for Material, Labor and Overhead
Standard Costing
Economic Order Quantity and Reorder Points

Course Features:

40+ Videos Lectures (10 Hours+)
PowerPoint slides
Notes
160+ T/F Questions
105+ MC questions
40+ Quasi CPA Simulations

Course Content

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✅⛔Please Start Here! 3 Topics

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⛔🎥How to use the Cost Accounting course and welcoming message. ✅ Please View First

🎥Introduce Yourself & Connect with Others

🎥Save Money on Your Subscription

💡Chapter 1: Cost Management and Strategy (sample) 5 Topics | 2 Quizzes

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🎥Introduction to Cost Accounting

🎥Cost Accounting in Contemporary Business Environment

🎥Michael Porter Competitive Strategies

🎥Balanced Scorecard

🎯Balanced Scorecard: 7 MCQs

🎥The 4 Costs of Quality

🎯The Four Costs of Quality: 13 MCQs

💡Chapter 2: Cost Volume Profit Analysis 10 Topics | 7 Quizzes

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🎥Cost Volume Profit Analysis including tax effect

🎥Cost Volume Profit Analysis

🎥Contribution Margin Ratio

🎥Cost Volume Profit Application

🎯Cost-Volume-Profit Analysis: 9 MCQs

🎥Break Even Point and Target Profit

🎯Break-Even Point: 8 MCQs

🎥Target & Cost Volume Profit Analysis

🎯Target-Profit Analysis: 5 MCQs

🎥Cost structure and Profit Stability

🎥Margin of Safety

🎯Margin of Safety: 6 MCQs

🎥Degree of Operating Leverage (DOL)

🎯Degree of Operating Leverage (DOL): 4 MCQs

🎥Break-even for Multi-product

🎯Break-Even for Multi-Products: 5 MCQs

✍ Cost Volume Profit Analysis: 4 Exercises

💡Chapter 3: Cost Estimation 3 Topics | 3 Quizzes

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🎥Account Analysis and Engineering Methods

🎯Cost Estimation: 9 MCQs

🎥High Low Method

🎯High-Low Method: 7 MCQs

🎥Regression Analysis

🎯Regression Analysis: 13 MCQs

💡Chapter 4: Basic Cost Accounting Terms and Concepts 5 Topics | 4 Quizzes

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🎥Basic Cost Accounting Terms

🎥Three Basic Manufacturing Cost

🎯Manufacturing Costs: 14 MCQs

🎥Product Cost Vs Period Cost

🎯Product Cost Vs Period Cost: 14 MCQs

🎥Cost Behavior: Variable Cost, Fixed Cost and Mixed Cost

🎯Cost Behavior: Variable Cost, Fixed Cost, and Mixed Cost: 27 MCQs

🎥Traditional Vs Contribution Format Income Statement

✍Cost Accounting Concepts: 5 Exercises

💡Chapter 5: Job Order Costing (Lectures) 4 Topics | 2 Quizzes

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🎥Job Order Costing Explained + Predetermined Overhead rate

🎥Cost Flow in Job Order Costing

🎯Job-order Costing System: 11 MCQs

🎥Schedules of Cost of Goods Manufactured | Cost of Goods Sold

🎥Under-applied Overhead and Over-applied Overhead

🎯Manufacturing Overhead Allocation: 20 MCQs

💡Chapter 6: Process Costing (lectures) 3 Topics | 3 Quizzes

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🎥Process Costing (Weighted Average)

🎥Process Costing (FIFO)

🎥Process Costing Exercise

🎯Process Costing: 17 MCQs

🎯Process Costing TF

✍Process Costing: 3 exercises

💡Chapter 7: Activity-Based-Costing (lectures) 2 Topics | 3 Quizzes

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🎥Activity Based Costing

🎥Example Activity Based Costing

🎯Activity Based Costing: 20 MCQs

✍Activity Based Costing (3 exercises)

🎯Activity Based Costing TF

💡Chapter 8: Budgeting Process 7 Topics | 8 Quizzes

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🎥What is a Budget and Role of Budgets

🎥Budgetary Process

🎯Planning a Budget

🎥Types of Budget

🎯Types of Budgets and Budgetary Process

🎥Zero Based Budgeting and Rolling Budget

🎯Zero Based Budgeting

🎥Activity Based Budgeting

🎯Activity Based Budgeting

🎥Master Budget and Related Schedules

🎯Budgeting TF

🎯Master Budget Quiz : 33 MCQs

🎥Production Budget

🎯Production Budget and manufacturing Budget: 22 MCQs

✍Budgeting (3 exercises)

💡Chapter 9: Variable Costing Vs Absorption Costing (lectures) 2 Topics | 3 Quizzes

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🎥Absorption and Variable Costing

🎯Absorption and Variable Costing: 8 MCQs

🎥Example Absorption and Variable Costing

🎯Applying Variable and Absorption Costing: 21 MCQs

✍Absorption and Variable Costing: 3 exercises

💡Chapter 10: Cost Allocation (lectures) 4 Topics

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🎥Introduction to cost allocation

🎥Cost Allocation Direct method Example

🎥Cost Allocation Step Method Example

🎥Cost Allocation Reciprocal Method Example

💡Chapter 11: Variance Analysis 4 Topics | 7 Quizzes

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🎥Flexible Budget and Performance Analysis

🎯Flexible Budget and Performance Analysis: 24 MCQs

🎥Direct Material and Labor Variance Analysis

🎯Labor Variances: 6 MCQs

🎯Direct Material Variances: 9 MCQs

🎥Variances Using Journal Entries

🎥Variable and Fixed Overhead Variances

🎯Variable Overhead Variances: 8 MCQs

🎯Fixed Overhead Variances: 8 MCQs

✍️Flexible Budget: 4 Exercises

✍Variances: 4 Exercises

💡Chapter 12: Transfer Pricing 3 Topics

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🎥Transfer Price Explained

🎥Transfer Pricing Methods Explained

🎥Transfer Pricing Example

💡Chapter 13: Special Orders (lectures) 2 Topics

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🎥Costing Special Orders

🎥Decision Cost Special Orders

💡Chapter 14: Economic Order Quantity & Reorder Points (Lectures) 2 Topics

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🎥Economic Order Quantity

🎥Reorder Points and Safety Stock

💡Chapter 15: Marginal Analysis & Decision Making 6 Topics | 7 Quizzes

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🎥Relevant and Irrelevant Cost

🎯Relevant and Irrelevant Costs: 5 MCQs

🎥Add or Drop a segment

🎯Add or Drop a Segment: 6 MCQs

🎥Make or Buy Component Analysis

🎯Make or Buy Decisions: 6 MCQs

🎥Accepting or Rejecting Special Order

🎯Accepting or Rejecting Special Order: 6 MCQs

🎥Utilization of a Constrained Resource

🎯Utilization of Constrained Resources: 8 MCQs

🎥Sell or Process Further Decisions

🎯Sell or Process Further Decisions: 7 MCQs

✍CA Chapter 15 Exercises

About Instructor

Mansour Farhat

45 Courses

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$29.99

Course Includes

16 Lessons
65 Topics
49 Quizzes