Description
All requirements are in the file uploaded.
In this assignment set, You will be writing one short discussion post and two short replies to later given posts.
Then you will be making a 10 slides presentation provided with script that could last 4-5 minutes for the presentation.
The discussion post (200words initial post) is due within 24 hours from now.
The replies and the presentation related will be due at the end of this post. The posts which you will be making replies with, will be provided after tomorrow.
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In job order costing, businesses track the costs of each specific job or order separately,
allowing for a detailed analysis of production costs. Consider a manufacturing company
that produces custom-made furniture. Explain how direct and indirect costs are allocated to
specific jobs, and how overhead costs are applied. In addition, explore the challenges that
this company might face when implementing job order costing.
Essential Activities:
1. Reading “Principles of Managerial Accounting: Chapter 2” will assist you with writing
this discussion forum.
2. Reading the article, “Job Order Costing” will assist you in writing this discussion
forum.
3. Reading the article, “Job Costing: What It Is & How to Calculate It” will assist you in
writing this discussion forum.
4. Watching the video, “Job Order Costing Explained” will assist you in writing this
discussion forum.
5. Watching the video, “Job Costing – Flow of Costs” will assist you in writing this
discussion forum.
6. Watching the video, “Work In Process” will assist you in writing this discussion
forum.
Notes:
1. Please refer to the discussion forum rubric on the start here tab for this assignment.
2. Your initial post should include at least 200 words of substantive content, and each
reply at least 100 words of substantive content to earn full points.
3. You will need to include at least one outside resource for the full credits.
Extra Materials for either of the tasks:
Article: Job Order Costing: Examples, Practical Problems, and Solutions
Video: The Flow of Costs: Job Order Costing + Journal Entries
Video: Example Job Order Costing | Cost Accounting | CPA Exam BEC | CMA Exam
Use the information reviewed during this week’s lesson to demonstrate a thorough
understanding of job order costing and its application in a manufacturing setting, with a
focus on work in process allocations. Create a PowerPoint presentation (5 minutes in
length) to be presented via video (use Panopto) including, but not limited to the following:
● Explain the concept of job order costing.
● Highlight the different jobs, direct and indirect costs, and the role of work in process.
● Discuss common challenges in implementing job order costing and how these
challenges are addressed.
Essential Activities:
1. Reading “Principles of Managerial Accounting: Chapter 2” will assist you with writing
this homework assignment.
2. Reading the article, “Job Order Costing” will assist you in writing this homework
assignment.
3. Reading the article, “Job Costing: What It Is & How to Calculate It” will assist you in
writing this homework assignment.
4. Watching the video, “Job Order Costing Explained” will assist you in writing this
homework assignment.
5. Watching the video, “Job Costing – Flow of Costs” will assist you in writing this
homework assignment.
6. Watching the video, “Work In Process” will assist you in writing this homework
assignment.
Notes:
1. Please refer to the discussion forum rubric on the start here tab for this assignment.
2. Your initial post should include at a PowerPoint Presentation with a minimum of 10
PowerPoints (1 for title, 8 for content, and 1 for references) presented via video
3. Please make sure to include outside sources to support your discussion, and avoid
grammatical errors.
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