In this introductory course we explore job costing and how this impacts the accounting in a manufacturing environment. The focus on this course is on the inventory accounts used by a manufacturing company and how costs are tracked through the production process.
Course Key Concepts: Introductory managerial accounting, Job costing, Production accounting, Raw materials, Direct materials, Direct labor, Overhead allocation, Predetermined overhead rate, Inventory.
Other Modules of Introductory Managerial Accounting by Erik Slayter.
- Introductory Managerial Accounting - Classifying Costs
- Introductory Managerial Accounting - Job Costing
- Introductory Managerial Accounting - Cost, Volume-Profit Analysis
- Introductory Managerial Accounting - Budgeting
- Introductory Managerial Accounting - Variance Analysis
- Introductory Managerial Accounting - Capital Budgeting
Prerequisites
Basic understanding of journal entries, t-accounts, the accounting equation (Introductory Financial Accounting) and the Introductory Managerial Accounting – Classifying Costs course.
Learning Objective
- Recognize how to Interpret and classify inventory related economic events.
- Identify how to calculate predetermined overhead rate.
- Discover how to apply overhead to jobs.
Last updated/reviewed: July 21, 2025