I am not a student at JCCC but I wanted to let you know how much your videos have helped me in my Acct 2 class. I wish I would have found these sooner! You're a great instructor!!
Great video, as always, but I would add one thing: Cost of Goods Manufactured is the amount that was transferred from the Goods In Process (GIP) account to the Finished Goods in Inventory (FGI) account. In essence, COGM is GIP's OUTPUT. Here, when Professor Krug references "Cost of Goods Manufactured", he is really referencing the TOTAL MANUFACTURING COSTS (Direct Materials + Direct Labor + allocated Manufacturing Overhead) for that period. There is a big, BIG difference between the two terms, arithmetically and conceptually.
![Noob To Max With DRAGON REWORK In Blox Fruits [FULL MOVIE]](http://i.ytimg.com/vi/LnBMOinoOvA/mqdefault.jpg)
I am not a student at JCCC but I wanted to let you know how much your videos have helped me in my Acct 2 class. I wish I would have found these sooner! You're a great instructor!!
+Elizabeth Medlock yeah your are completly right
Great video, as always, but I would add one thing: Cost of Goods Manufactured is the amount that was transferred from the Goods In Process (GIP) account to the Finished Goods in Inventory (FGI) account. In essence, COGM is GIP's OUTPUT. Here, when Professor Krug references "Cost of Goods Manufactured", he is really referencing the TOTAL MANUFACTURING COSTS (Direct Materials + Direct Labor + allocated Manufacturing Overhead) for that period. There is a big, BIG difference between the two terms, arithmetically and conceptually.
This lecture is fantastic. Thank you.
"Math. K? Science." 12:14 Laughed in my apartment.
God. 20:21. Best lesson.
Thank you Dave!
Professor Krugg, Are there worksheets available for this course? (Through your blog like you had for Fin Acc)
you rock!
The sound is all messed up! Please fix, I need these videos!