Joint Costs Allocation using the Physical Units Method (Cost Accounting Tutorial #39)
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- Опубликовано: 17 июл 2024
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⌚Timestamps
0:00 - Introduction
In this managerial accounting presentation I discuss how we will allocate joint costs using the physical units method. We will prorate the joint costs to the separate joint products for the purpose of valuing our inventory and determining income from each product. We need a method that allocates costs so that each product has a fair allocation of cost and yields a profit. In this case, the physical units method does not seem to yield a profit for both products, which we require.
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Thank you for all these videos. You have no idea how much this helps clarify things I've learned in class!
I recommend your videos to everyone! great job! please keep making videos!
This make a lot of sense now thank you.
Such a good and helpful video, thank you
thank you so much for that video.
Thank you so much i really appreciate your help, this was so helpful, God bless you😊
Hey thanks for your videos. They are very helpful. Have you btw made any tutorial regarding spoilage rework and scrap as well as cost management quality, time, and theory of constraints? Thanks!
Your videos are very helpful especially for those people who are studying accounting. Can you also make a tutorial about "Just in time" and "Backflush method"?