ch10 Job, batch and service costing.pptVIP

Ch10 Job, batch and service costing Topic list ? Job costing ? Batch costing ? Service costing Topic1 Job costing 订单成本法 1.1 Job cost information (1)Direct material cost (2)Direct labour cost (3)Direct expense (4)Absorbed production overheads (5)Absorbed administration, selling and distribution overheads Example: A company operates a job costing system. Job 812 requires ￡60 of direct materials, ￡40 of direct labour and ￡20 of direct expenses. Direct labour is paid ￡8 per hour. Production overheads are absorbed at a rate of ￡16 per direct labour hour and non-production overheads are absorbed at a rate of 60% of prime cost. What is the total cost of Job 812?　　A ￡240　　B ￡260　　C ￡272　　D ￡320 Direct materials= ￡60 Direct labour=￡40 Direct expenses=￡20 Prime cost= ￡120 Production overheads=￡16 ×5=￡80 non-production overheads =￡120×60% = ￡72 Job cost, profit and job price To do this, you need to remember the following crucial formula. The expression of profit a percentage of job cost 25%=25÷100 a percentage of price 20%=25÷125 1.2 Job account (1) Collection of costs (2) Materials transfer and return (3) Job completed (1) Collection of costs (2) Materials transfer and return (3) Job completed 1.3 job costing for internal services If a job costing system is used. It is possible to charge the user departments for the cost of specific jobs carried out. Rather than apportioning the total costs of service departments to the user departments using an arbitrarily determined apportionment basis. Topic2 Batch costing 分批成本法 It is used in the circumstances: (1)The cost per unit of production would result in an infinitesimal unit cost. (2)Homogeneous units of production can conveniently be collected together to form discrete batches. Procedures for batch costing (1) The batch is treated as a job during production and the costs are collected in the manner which is described in job costing. (2) Once the batch has been completed, the cost p