Costs Accounting | Edspira
Edspira
Edspira's mission is to provide a world-class business education for free. . All videos are created by Michael McLaughlin, PhD, CPA.. Michael is an award-winning university professor who went from teenage homelessness at age 17 to obtaining a PhD from Washington University in St. Louis. He then taught accounting full-time at Washington University in St. Louis, where he won every undergraduate teaching award for which he was eligible.. Michael's goal is to help other people achieve their dr
Course Details
- Course Lessons27
- Course Period1h 59m
- No.Students39
- LanguageEnglish
- Prerequisite Financial Accounting
- (5)
- Start Now for free
Course Lessons
- 1 | Basic Cost Concepts...with a touch of humor Managerial Accounting 00:07:10
- 2 | Cost Objects 00:04:21
- 3 | Direct vs. Indirect Costs 00:02:39
- 4 | Product Costs in Manufacturing (aka Inventoriable Costs) 00:05:19
- 5 | Period Costs 00:06:14
- 6 | Product vs. Period Cost 00:04:42
- 7 | 3 Types of Manufacturing Costs (Direct Materials, Direct Labor, Manufacturing Overhead) 00:05:59
- 8 | Direct Materials (Managerial Acccounting) 00:02:30
- 9 | Direct Labor (Managerial Accounting) 00:04:14
- 10 | Manufacturing Overhead 00:04:25
- 11 | Prime Costs and Conversion Costs 00:04:06
- 12 | 3 Types of Inventory (Raw Materials, WIP, and Finished Goods) 00:05:09
- 13 | Raw Materials Inventory 00:05:40
- 14 | Work in Process (WIP) Inventory 00:06:20
- 15 | Finished Goods Inventory 00:03:05
- 16 | The Flow of Costs for a Manufacturer 00:03:11
- 17 | Nonmanufacturing Costs (SG&A Expense) 00:03:37
- 18 | Cost of Goods Manufactured (COGM) 00:06:19
- 19 | Opportunity Cost 00:02:39
- 20 | Cost of Goods Sold (COGS) for a Manufacturing Firm 00:03:37
- 21 | Journal Entry for Cost of Goods Sold 00:02:20
- 22 | Cost of Revenue 00:06:36
- 23 | Sunk Costs 00:04:23
- 24 | Variable Costs 00:05:07
- 25 | Fixed Costs 00:04:11
- 26 | The Relevant Range (Managerial Accounting) 00:03:03
- 27 | Cost Drivers 00:02:11
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