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Learner Reviews & Feedback for Basics of Cost Accounting: Product Costing by Technical University of Munich (TUM)

4.6
stars
136 ratings

About the Course

The core of the first course is to learn how companies record total costs and calculate unit costs for their individual products or services. For example, how can a car manufacturer figure out the costs of an individual car series? During the first weeks, participants learn what costs are and how to distinguish them from expenses or cash flows. Participants will understand how companies record total costs and distinguish important cost types such as material costs, personnel costs, or depreciation. At the core of their cost-accounting system, companies allocate overhead costs to individual products. We show participants how to allocate the costs incurred to the company's products and introduce them to the most important methods and challenges of product costing....

Top reviews

KH

Mar 4, 2022

Perfect Course.. with very good examples.. you will earn a lot of knowledge the instructor is great. also, they are very responsive in the forum, Thanks to all the instructor's team!

SP

May 8, 2023

Everything was explained very clearly and it was helpful to use the slides. The practice questions were relevant to the

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1 - 25 of 30 Reviews for Basics of Cost Accounting: Product Costing

By Tatiana N

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Jun 2, 2022

I found the learning process to be easy and simple to understand. I would however suggest fully teaching how to calculate certain values as sometimes it is hard to figure them out in the quizzes without checking the hint provided after gettnig the wrong answer.

By Victor F

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Mar 10, 2022

Amazing course! A really great way to build your knowledge in product costing rapidly. The lessons are clearly structured and easy to understand. The small exercises are also a good way to test what you have learned. A definite recommendation.

By KAREEM G I H

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Mar 5, 2022

Perfect Course.. with very good examples.. you will earn a lot of knowledge the instructor is great. also, they are very responsive in the forum, Thanks to all the instructor's team!

By Adnan A K N

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Nov 19, 2023

The course "Basics of Cost Accounting: Product Costing" offers a fundamental understanding of cost accounting principles with a specific focus on product costing methodologies. It covers essential concepts such as cost classification, allocation, and the intricacies of determining product costs. "Basics of Cost Accounting: Product Costing" is a valuable course for individuals aiming to grasp the foundational principles of cost accounting, especially in the context of product costing. The instructor's expertise and the well-structured course content make it suitable for students pursuing careers in accounting, finance, or related fields. In conclusion, I would recommend this course to anyone seeking a solid understanding of cost accounting principles, particularly in the context of product costing.

By Silvy S

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Oct 3, 2023

Through this course, I learned a lot of new knowledge that had not been taught before in my university. The practice quizzes also helped a lot in consolidating my knowledge after watching the lecture video. It's a great course.

By Shreya P

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May 9, 2023

Everything was explained very clearly and it was helpful to use the slides. The practice questions were relevant to the

By Hakan B

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Dec 3, 2024

Everything was perfect and useful. Matching the terms with related titile was good practice.

By Niklas K

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Mar 10, 2022

Great course! Very informative and easy to follow, but still challenging.

By Benjamin M

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Mar 24, 2024

Excellent Course with specific detailed information, really thank you

By Aleyda O

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Feb 22, 2023

This is excellent and such a great/exceptional material!!!!

By Dennis M

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May 8, 2023

An insightful course into the basics of cost accounting

By Gabriel G V

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Aug 19, 2022

Amazing course! Great professor, and great material

By Hector V

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Jul 17, 2022

Excelent course and very nice Sklills

By Mohamed S

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Mar 13, 2024

It was a nice experience

By Benjamin F

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Dec 20, 2022

Very informative

By Muhammad A

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Jul 18, 2022

like interested

By Shailesh G

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Feb 29, 2024

Excellent

By Mohammad E M A

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Jun 24, 2023

very good

By Aditya M D

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Sep 20, 2024

awesome

By Hossam e

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Aug 27, 2022

amazing

By Imran M

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Nov 28, 2022

great

By BHARAT S

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Sep 20, 2024

GOOD

By NORAH A R A N A R A

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Jan 30, 2023

Good

By Sarthak S

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Dec 23, 2024

Concise and precise. Need to improve on the detailing part (in-depth).

By Rajeshwari R

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Aug 15, 2023

Thank you for the instructors and Coursera for offering this course.