Process Costing: Prepare a Production Report (Cost Accounting Tutorial #29)

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⌚Timestamps
0:00 - Introduction
0:39 - Physical Flow Schedule
1:18 - Equivalent Units
2:25 - Cost Per Equivalent Unit
3:25 - COG transferred and EWIP Valuation
4:10 - Cost Reconciliation
In this tutorial I wanted to provide a general overview of the production report, and cover the steps in which to complete one (Physical flow schedule, calculating equivalent units and cost per equivalent unit, valuation of cost of goods transferred out and EWIP, along with cost reconciliation).
In the next video we'll look to create a full production report in Excel using the weighted-average method.
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[@AMamaBearsMission]

Thank you so so much for your tutorials! They have been a huge help for me! I haven't seen any with spoilage though. Are you able to post one of those as I am having difficulty and my exam is on 12/11/18. Thanks so much again for all the help! Kat:) (Btw, do you have any on Tax Shield?)

[@realpixelsaga]

where can i find the next video?

[@kshetrisurendra3296]

what is the application that u r using? i want to use it as well for some videos