Job Order Costing | Cost Accounting | CPA Exam BAR | CMA Exam
Channel: Farhat Lectures. The # 1 CPA & Accounting Courses
Date: 18/04/2018

In this session, I explain job order costing.  Job order cost is covered on the CPA exam, managerial accounting and cost accounting. Job order costing is a costing method which is used to determine the cost of manufacturing each product. In job order costing, the company tracks the direct materials, the direct labor, and the manufacturing overhead costs to determine the cost of goods manufactured (COGM)Cost of Goods Manufactured (COGM)Cost of Goods Manufactured. The job order cost system is used when products are made based on specific customer orders. Each product produced is considered a job

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