1. Job Order Costing vs Process Costing (5: 59<\/p>\n
https:\/\/www.youtube.com\/watch?v=F6RzLSSKlZM<\/a><\/p>\n 2. Job Order Costing (4:25)<\/p>\n https:\/\/www.youtube.com\/watch?v=Uw_52M9GLbg<\/a><\/p>\n 3. Process Costing (12:15)<\/p>\n https:\/\/www.youtube.com\/watch?v=guZc84c5HNI<\/a><\/p>\n 4.Cost Per Equivalent Unit (weighted average method) (12:20)<\/p>\n https:\/\/www.youtube.com\/watch?v=Txv05196CWs<\/a><\/p>\n 5.Cost Per Equivalent Unit FIFO Method (7:53)<\/p>\n https:\/\/www.youtube.com\/watch?v=C76QjSgvnyQ<\/a><\/p>\n 6.Cost Per Equivalent Unit– FIFO Method vs. Weighted-average Method (8:35)<\/p>\n https:\/\/www.youtube.com\/watch?v=P_Nwchc_pcs<\/a><\/p>\n 7.Cost Per Equivalent Unit, FIFO Method, Part 2 (Applying Costs) (6:47)<\/p>\n https:\/\/www.youtube.com\/watch?v=y1TLRSL9Yjo<\/a><\/p>\n After watching the videos, please answer the following questions one paragraph for each question:<\/p>\n 1. How might you apply direct labor costs under Job Order versus Process Costing?<\/p>\n 2.Under the 2 methods of Process Costing, why is the FIFO method considered superior to the Weighted Average method?<\/p>\n 3. Is it possible to monitor cost “trends” using the Weighted Average method?<\/p>\n","protected":false},"excerpt":{"rendered":" 1. Job Order Costing vs Process Costing (5: 59 https:\/\/www.youtube.com\/watch?v=F6RzLSSKlZM 2. Job Order Costing (4:25) https:\/\/www.youtube.com\/watch?v=Uw_52M9GLbg 3. Process Costing (12:15) https:\/\/www.youtube.com\/watch?v=guZc84c5HNI 4.Cost Per Equivalent Unit (weighted average method) (12:20) https:\/\/www.youtube.com\/watch?v=Txv05196CWs 5.Cost Per Equivalent Unit FIFO Method (7:53) https:\/\/www.youtube.com\/watch?v=C76QjSgvnyQ 6.Cost Per Equivalent Unit– FIFO Method Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-49535","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/49535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=49535"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/49535\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=49535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=49535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=49535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}