Back to Basics of Cost Accounting: Product Costing
Learner Reviews & Feedback for Basics of Cost Accounting: Product Costing by Technical University of Munich (TUM)
130 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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26 - 28 of 28 Reviews for Basics of Cost Accounting: Product Costing
By T A K
•Apr 13, 2023
nice
By BOMMIREDDY D K R
•Feb 4, 2023
good
By Ismail L
•Aug 3, 2023
The examples are not clear sometimes, it s like we are finding out about calculation methods in the exercises, so some sections were hard to grasp.