Ompoc, Kriznah Mae Lizada

Ortiz, Vanessa Tero

Padayao, Ern Genghis Q.
Subject and Section: Cost Accounting and Control – BSA 1A –B7
Title: Introduction of Cost Accounting to Normal Job Order System

Variable Cost Fixed Cost Semi-Variable Cost

SYSTEM OF COST ACCOUNTING

STAGES OF COST COST BEHAVIOR
ACCOUNTING
Actual Standard Normal

Cost
Accumulation
TYPES OF COST SYSTEM
COST
ACOUNTING

Process Cost System Job Order System

Cost Assignment/
Allocation

WORK FLOW

ELEMENTS OF COST Procurement Production Warehousing Selling

Direct Materials Work in Finished Cost of

Direct Manufacturing
Material Labor Overhead Process Goods Goods Sold

Factory
Payroll

Indirect Indirect Labor All other cost

Material related to
Manufacturing
manufacturing.
Overhead