管理会计英文讲义 3 Process Costing.pdf

ProcessCosting

Chapter18

McGraw-Hill/IrwinCopyright©2010byTheMcGraw-HillCompanies,Inc.Allrightsreserved.

LearningObjective

Todistinguishproduction

proceduresthatmatch

withprocesscostingfrom

thosethatcorrespond

withjobordercosting.

LO1

18-2

ProductionofGoodsand

ServicesandCostingSystems

JobOrderCostingProcessCosting

—Customorders

—Repetitiveoperations

—Uniqueproducts

—Identicalproducts

—Lowproductionvolume

—Highproductionvolume

—Highproductflexibility

—Lowproductflexibility

—Lowtomedium

standardizationoflabor—Highstandardizationof

andmateriallaborandmaterial

18-3

ProcessCosting

lUsedforproductionofsmall,

identical,low-costitems.

lMassproducedinautomated

continuousproductionprocess.

lCostscannotbedirectlytracedto

eachunitofproduct.

Typicalprocesscostapplications:

lPetrochemicalrefinery

lPaintmanufacturer

lPapermill

18-4

LearningObjective

Toaccountforthephysical

flowsandrelatedcost

flowswhenusing

processcosting.

LO2