Implementing Manufacturing and Materials Management: From Empty Plant to Costed Work Order · Module 15 · Cost Accounting Structures
Lab solution walkthrough
Lesson 162 of 188 · 20 min
The structure built from empty, with the reasoning narrated at every fork. The sequence: the cost method settled first, with the standards owner named out loud; the cost organization count — one legal entity, one cost organization — with the group reporting requirement addressed both ways before choosing; cost organization and books, including the group basis; relationships covering all three inventory organizations, verified; elements per the brief, with labour and machine separate; components and mappings; valuation structure at subinventory level, with the lot-level decision declined in writing; cost profiles and the default; then expense pools and account mapping against the stated chart. Name the defensible alternatives. The second reporting basis can reasonably be a second cost book or a second cost organization, and the trade-off is close. The purchased conversion cost for plating can defensibly be its own element or roll into material. Say which you would choose and what…
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The video, the complete written lesson and the module quiz are included in Implementing Manufacturing and Materials Management: From Empty Plant to Costed Work Order, with a certificate on completion and a fourteen-day refund window.
In this module: Module 15 · Cost Accounting Structures
- 1What we are building
- 2The warning nobody readsFree preview
- 3The costing object model
- 4Choosing a cost method
- 5Cost organization design
- 6Running the costing design workshop
- 7Cost organizations and cost books
- 8Cost organization relationships
- 9Cost elements and components
- 10Cost component mappings
- 11Valuation structures and units
- 12Cost profiles
- 13Expense pools and accounting
- 14Quick setup for cost accounting
- 15What breaks
- 16Lab briefing: the Halden costing design
- 17Lab solution walkthrough