Practical Job Order Costing

🎉 Master Job Order Costing with Dr. Jeff Hillard's "Practical Job Order Costing" Course! лазиME🧭 Dive into the fascinating world of Job Order Costing (JOC) and master the Bridge computation method in Excel, all while ensuring your manufacturing overhead is just right. Say goodbye to complexity and hello to practical, hands-on learning with our step-by-step guidance. Whether you're an accounting novice or looking to refine your skills, this course has something for everyone!

Course Overview:

📚 What You'll Learn:

• Lesson 1: Overview and Terminology of Job Order Costing 🎓

  • Get to grips with the fundamental concepts, terminologies, and real-world applications of JOC. Understand when and how it's used in business.

• Lesson 2: Nascar Racing Car Bodies Introduction and Classification Drill 🏎️

  • Take a virtual factory tour and engage in a practical classification exercise, enhancing your ability to categorize products with a graded practice.

• Lesson 3: Review: Accounting for Inventory Flows: Base Method 📊

  • Deep dive into the BASE Method Flow of Costs. Practice Job Cost and Margin Reporting using Bridge Templates within the provided workbook.

• Lesson 4: Service Job Cost and Margin Record: Trusty and Accurate CPA’s 💼

  • Explore how JOC applies to service businesses, learning the nuances that differentiate it from goods-producing environments.

• Lesson 5: Before, During, After & Fixit Method: Manufacturing Overhead (MOH) Allocation 🛠️

  • Grasp the intricacies of MOH allocation, understanding both over and under applications and how to address them effectively with a unique four-step Excel process.

Why Choose This Course?

• Expert Instructor: Learn from Dr. Jeff Hillard, an experienced instructor with a wealth of knowledge in accounting practices.

• Beginner-Friendly Workbook: Accompanying each lesson is a comprehensive workbook designed for beginners to practice and apply what they've learned.

• Excel Mastery: Get hands-on experience with Excel, the tool you'll use to streamline your accounting processes and calculations.

• Real-World Scenarios: With case studies from various industries like automotive and service sectors, you'll understand how JOC is applied across different business models.

• Practical Approach: This course emphasizes practical application over dry theory, ensuring you can implement what you learn in real-life situations.

Course Benefits:

• Improve Financial Reporting Accuracy

  • Learn how to accurately track and report costs associated with different jobs or services.

• Enhance Inventory Management

  • Understand the flow of inventory costs and manage inventory more effectively using the BASE Method.

• Increase Profitability

  • Apply JOC principles to maximize margins on both product and service offerings.

• Reduce Overhead Costs

  • Gain insights into managing manufacturing overhead, ensuring you're not over or under allocating costs.

Enroll Now and Transform Your Accounting Skills!

Take the first step towards mastering Job Order Costing and becoming a pro at managing manufacturing overhead with our comprehensive course. Whether you're an aspiring accountant, small business owner, or anyone involved in the accounting process, this course will equip you with the skills and knowledge necessary to excel in your field. 🚀

Sign up today and unlock the full potential of your accounting career! 🎓💰