全英文初级会计第四章.pptVIP

CHAPTER 4 Job Costing Basic Costing Terminology… Several key points from prior chapters: Cost Objects – including responsibility centers, departments, customers, products, etc. Direct Costs and Tracing – materials and labor Indirect Costs and Allocation – overhead …logically extended Cost Pool – any logical grouping of related cost objects - Result of cost accumulation Cost-allocation Base – a cost driver is used as a basis upon which to build a systematic method of distributing indirect costs – Tools to cost allocation For example, let’s say that direct labor hours cause indirect costs to c