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3 Types of Manufacturing Costs (Direct Materials, Direct Labor, Manufacturing Overhead)
 
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This videos identifies and defines the three types of manufacturing costs: Direct Materials, Direct Labor, and Manufacturing Overhead. The video also provides examples of each type of manufacturing cost to better illustrate the concepts. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 159362 Edspira
Manufacturing Costs (Direct Materials, Labor, Manufacturing Overhead) and Product and Period Costs.
 
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Full Crash Course on Udemy for $9.99! http://bit.ly/2DfGBXu ​Costs can be split up into manufacturing and non-manufacturing costs. We'll look over certain direct and indirect costs and decide how they should be categorized. This tutorial will come in handy when we begin to prepare Cost of Goods Manufactured Statements! Website: http://www.notepirate.com Follow us on Facebook: https://www.facebook.com/pages/Note-Pirate/514933148520001?ref=hl Follow us on Twitter: http://twitter.com/notepirate We appreciate all of the support you guys have given us. Be apart of the mission to help us reach more students by subscribing, thumbs upping and adding the videos to your favorites! ** Notepirate is privately owned and exclusive to Notepirate.com.**
Views: 72467 Notepirate
Product Costs in Manufacturing (aka Inventoriable Costs)
 
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This video explains the concept of product costs (aka inventoriable costs) for a manufacturing firm. An example is provided to illustrate how product costs attach to a product (first as inventory, then later through cost of goods sold), as opposed to period costs which are expensed as incurred (and thus are not attached to the product or affected by its flow). Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 40598 Edspira
Product Cost Vs Period Cost | Managerial Accounting | CMA Exam | Ch 2 P 2
 
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Product Costs For financial accounting purposes, product costs include all costs involved in acquiring or making a product. In the case of manufactured goods, these costs consist of direct materials, direct labor, and manufacturing overhead.1 Product costs “attach” to units of product as the goods are purchased or manufactured, and they remain attached as the goods go into inventory awaiting sale. Product costs are initially assigned to an inventory account on the balance sheet. When the goods are sold, the costs are released from inventory as expenses (typically called cost of goods sold) and matched against sales revenue on the income statement. Because product costs are initially assigned to inventories, they are also known as inventoriable costs. We want to emphasize that product costs are not necessarily recorded as expenses on the income statement in the period in which they are incurred. Rather, as explained above, they are recorded as expenses in the period in which the related products are sold. Period Costs Period costs are all the costs that are not product costs. All selling and administrative expenses are treated as period costs. For example, sales commissions, advertising, executive salaries, public relations, and the rental costs of administrative offices are all period costs. Period costs are not included as part of the cost of either purchased or manufactured goods; instead, period costs are expensed on the income statement in the period in which they are incurred using the usual rules of accrual accounting. Keep in mind that the period in which a cost is incurred is not necessarily the period in which cash changes hands. For example, as discussed earlier, the costs of liability insurance are spread across the periods that benefit from the insurance—regardless of the period in which the insurance premium is paid. Page 28 Prime Cost and Conversion Cost Two more cost categories are often used in discussions of manufacturing costs—prime cost and conversion cost. Prime cost is the sum of direct materials cost and direct labor cost. Conversion cost is the sum of direct labor cost and manufacturing overhead cost. The term conversion cost is used to describe direct labor and manufacturing overhead because these costs are incurred to convert materials into the finished product. product cost, period costs, prime cost, conversion cost, variable cost, fixed cost, committed fixed cost, discretionary fixed cost, relevant range, mixed cost, engineering approach, scattergraph, high-low method, traditional format, contribution format, Direct cost, indirect cost, common cost, manufacturing overhead cost, indirect material, indirect labor, selling cost, administrative cost, cpa exam. Manufacturing Overhead Manufacturing overhead, the third manufacturing cost category, includes all manufacturing costs except direct materials and direct labor. Manufacturing overhead includes items such as indirect materials; indirect labor; maintenance and repairs on production equipment; and heat and light, property taxes, depreciation, and insurance on manufacturing facilities. A company also incurs costs for heat and light, property taxes, insurance, depreciation, and so forth, associated with its selling and administrative functions, but these costs are not included as part of manufacturing overhead. Only those costs associated with operating the factory are included in manufacturing overhead. Various names are used for manufacturing overhead, such as indirect manufacturing cost, factory overhead, and factory burden. All of these terms are synonyms for manufacturing overhead. Nonmanufacturing Costs Nonmanufacturing costs are often divided into two categories: (1) selling costs and (2) administrative costs. Selling costs include all costs that are incurred to secure customer orders and get the finished product to the customer. These costs are sometimes called order-getting and order-filling costs. Examples of selling costs include advertising, shipping, sales travel, sales commissions, sales salaries, and costs of finished goods warehouses. Selling costs can be either direct or indirect costs. For example, the cost of an advertising campaign dedicated to one specific product is a direct cost of that product, whereas the salary of a marketing manager who oversees numerous products is an indirect cost with respect to individual products. Administrative costs include all costs associated with the general management of an organization rather than with manufacturing or selling. Examples of administrative costs include executive compensation, general accounting, secretarial, public relations, and similar costs involved in the overall, general administration of the organization as a whole. Administrative costs can be either direct or indirect costs.
#23, Types of cost in economics | cost function | microeconomics | Class 11 | Class 12
 
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Class 12 microeconomics.... types of cost Introduction of cost... Cost function..... Types of cost... Total fixed cost... Total variable cost.... Total cost...... Cont for my book....7690041256 Economics on your tips video 23 Our books are now available on Amazon Economics on your tips Macroeconomics ( new edition ) https://www.amazon.in/dp/B07R561YKH/ref=cm_sw_r_cp_apa_i_3wVXCbE2Z9DZE Economics on your tips Microeconomics http://amzn.in/d/cZykZVK Official series of playlists UG courses ( bcom, bba, bca, ba, honours) – https://www.youtube.com/playlist?list=PLgC10_Xv-BGirAqOr-hU8e-N_Nz0UpgJ- Micro economics complete course – https://www.youtube.com/playlist?list=PLgC10_Xv-BGg5n3YU6oEV7_HIzBuEbbOz Macro economics complete course- https://www.youtube.com/playlist?list=PLgC10_Xv-BGg2ORORpILqiDR1gyH3MkXw Statistics complete course- https://www.youtube.com/playlist?list=PLgC10_Xv-BGjrAkDyeMioJ7DEexAEeVdt National income – https://www.youtube.com/playlist?list=PLgC10_Xv-BGjpE-1V4uz_0wvvbZQnSsj_ In order to promote us and help us grow Paytm on - 7690041256 Link for the previous video(video 22) causes of increasing,decreasing nd -ve return(Class 12 microeconomics)economics on your tips video22 - YouTube https://www.youtube.com/watch?v=oNi1cPTwRnE Link for the next video(video 24) Class 12 microeconomics (types of cost) economics on your tips video 24 - YouTube https://www.youtube.com/watch?v=YD5ZZrhWu7M
Views: 593876 Economics on your tips
Cost Behavior: Fixed, Variable, Mixed, and Step Costs
 
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This video describes the way four different types of costs behave: Variable, Fixed, Mixed and Step. ********************************************************** C’s get degrees, but they don’t get jobs. College is about earning a high GPA and getting the knowledge you need to succeed in your career. To get that knowledge you need to do the reading for your classes, but we all know it’s boring and time-consuming. What if I told you you could eliminate up to 80% of the reading required in your classes, while actually doing better on your exams? Learn more at https://www.collegesuccesshacks.com ******************* NEED MORE HELP? *********************** For more help with cost behavior?: Variable Cost: https://accountinginfocus.com/managerial-accounting-2/cost-behavior/variable-cost/ Fixed Cost: https://accountinginfocus.com/managerial-accounting-2/cost-behavior/fixed-cost/ Mixed Cost: https://accountinginfocus.com/managerial-accounting-2/cost-behavior/mixed-cost/ Mixed Cost and the High-Low Method: https://accountinginfocus.com/managerial-accounting-2/cost-behavior/mixed-cost-and-the-high-low-method/ Introduction to Fixed and Variable Costs: https://accountinginfocus.com/managerial-accounting-2/cost-behavior/cost-behavior-introduction-to-fixed-and-variable-costs/ For more help with your managerial/cost accounting course: https://accountinginfocus.com/managerialcost-accounting/ For information about Accounting In Focus: https://accountinginfocus.com *************** FREE 30-MINUTE TUTORING SESSION ************* Get great tutoring at an affordable price with Chegg. Use our affiliate link to get your first 30 minutes FREE. http://chggtrx.com/click.track?CID=286409&AFID=424689&ADID=1873486&SID ********************** FOLLOW ME *************************** Facebook: Facebook.com/accountinginfocus Twitter: Twitter.com/KristinLIngram Instagram: Instagram.com/KristinIngramCPA
Views: 45616 Kristin Ingram
Cost Units & Cost Categories : Types
 
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Cost Units & Cost Categories : Types Lecture By: Mr. Shakthi Swaroop, Tutorials Point India Private Limited
Direct Cost Vs Indirect Cost | Managerial Accounting | CMA Exam | Ch 2 P 1
 
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Direct Cost A direct cost is a cost that can be easily and conveniently traced to a specified cost object. Indirect Cost An indirect cost is a cost that cannot be easily and conveniently traced to a specified cost object. For example, a Campbell Soup factory may produce dozens of varieties of canned soups. A common cost is a cost that is incurred to support a number of cost objects but cannot be traced to them individually. A common cost is a type of indirect cost. A particular cost may be direct or indirect, depending on the cost object. Direct Labor Direct labor consists of labor costs that can be easily (i.e., physically and conveniently) traced to individual units of product. Direct labor is sometimes called touch labor because direct labor workers typically touch the product while it is being made. Labor costs that cannot be physically traced to particular products, or that can be traced only at great cost and inconvenience, are termed indirect labor. Just like indirect materials, indirect labor is treated as part of manufacturing overhead. Indirect labor includes the labor costs of janitors, supervisors, materials handlers, and night security guards. Although the efforts of these workers are essential, it would be either impractical or impossible to accurately trace their costs to specific units of product. Hence, such labor costs are treated as indirect labor. Manufacturing Overhead Manufacturing overhead, the third manufacturing cost category, includes all manufacturing costs except direct materials and direct labor. Manufacturing overhead includes items such as indirect materials; indirect labor; maintenance and repairs on production equipment; and heat and light, property taxes, depreciation, and insurance on manufacturing facilities. A company also incurs costs for heat and light, property taxes, insurance, depreciation, and so forth, associated with its selling and administrative functions, but these costs are not included as part of manufacturing overhead. Only those costs associated with operating the factory are included in manufacturing overhead. Various names are used for manufacturing overhead, such as indirect manufacturing cost, factory overhead, and factory burden. All of these terms are synonyms for manufacturing overhead. Nonmanufacturing Costs Nonmanufacturing costs are often divided into two categories: (1) selling costs and (2) administrative costs. Selling costs include all costs that are incurred to secure customer orders and get the finished product to the customer. These costs are sometimes called order-getting and order-filling costs. Examples of selling costs include advertising, shipping, sales travel, sales commissions, sales salaries, and costs of finished goods warehouses. Selling costs can be either direct or indirect costs. For example, the cost of an advertising campaign dedicated to one specific product is a direct cost of that product, whereas the salary of a marketing manager who oversees numerous products is an indirect cost with respect to individual products. Administrative costs include all costs associated with the general management of an organization rather than with manufacturing or selling. Examples of administrative costs include executive compensation, general accounting, secretarial, public relations, and similar costs involved in the overall, general administration of the organization as a whole. Administrative costs can be either direct or indirect costs. For example, the salary of an accounting manager in charge of accounts receivable collections in the East region is a direct cost of that region, whereas the salary of a chief financial officer who oversees all of a company’s regions is an indirect cost with respect to individual regions. Nonmanufacturing costs are also often called selling, general, and administrative (SG&A) costs or just selling and administrative costs. Direct cost, indirect cost, common cost, manufacturing overhead cost, indirect material, indirect labor, selling cost, administrative cost, product cost, period costs, prime cost, conversion cost, variable cost, fixed cost, committed fixed cost, discretionary fixed cost, relevant range, mixed cost, engineering approach, scattergraph, high-low method, traditional format, contribution format income statement, differential cost, differential revenue, opportunity cost.sunk cost, relevant cost.
What is a Direct Cost vs. Indirect Cost?
 
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WANNA MASTER FINANCIAL STATEMENTS? CLAIM YOUR 20% OFF COUPON BELOW! https://www.udemy.com/learn-accounting-unlock-the-numbers/?couponCode=YOUTUBE-video Hey Students! In this video today, we use an easy example of a car to show you how Direct and Indirect Costs work in Managerial Accounting. How are Direct Costs traceable such as engines and wheels? How do you account for electricity or insurance? Find out how in this engaging video. Take a look! ******************************************************************** Wanna Master Managerial Accounting? Claim your 50% Off Coupon Now! Managerial Accounting - The Ultimate Beginner Course: https://www.udemy.com/managerial-accounting-the-ultimate-beginner-course/?couponCode=50_OFFM ******************************************************************** SUBSCRIBE SO YOU CAN MASTER ACCOUNTING! https://www.youtube.com/channel/UCCyBG-qtLqfvCdSG34ES8Ag WANT TO LEARN MORE? CONNECT WITH ME BELOW: ******************************************************************** FACEBOOK: https://www.facebook.com/accountinguniversity?ref=hl GOOGLE+ https://plus.google.com/u/0/b/118255991627414878635/+Accountinguniv/posts WEBSITE https://accountinguniv.com/ ******************************************************************** Comment Below if you have any questions!
Views: 27007 Accounting University
ABC Costing - Unit, Batch, Product, Facility-Level Activities - Value vs Non-Value Added Costs vs
 
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Classifying Costs by Unit, Batch, Product, or Facility-Level Activities - Value vs Non-Value Added Costs - ABC Costing Benefits vs Costs.
what is cost of Quality,prevention cost ,failure cost , IES GS Standards &quality part 4
 
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this video explains cost of quality , any cost associated with correcting failure or waste come under quality cost also tell cost of conforance and cost of non conformance includes prevention cost ,appraisal cost , internal failure , external failure and graph between cost and conformance level #targeties #ies #ese #iesexam #iesgs #esegs #ies2020 #quality #dimensionsofquality #standardsandquality #qualityies types of quality https://youtu.be/yeeMxU7Qpks dimension of quality https://youtu.be/BC7JIEnWLUc introduction of quality https://youtu.be/v4On-sljPT0 environment and energy playlist https://www.youtube.com/playlist?list... ethics playlist https://www.youtube.com/playlist?list... standards and quality playlist https://www.youtube.com/playlist?list... information and communication playlist https://www.youtube.com/playlist?list... project management playlist https://www.youtube.com/playlist?list.. my you tube channel... https://www.youtube.com/channel/UCzXz... fb page https://www.facebook.com/IEStargetrock/ telegram channel -https://t.me/targetiesrock IF YOU LIKE MY VIDEO THEN PLEASE LIKE , SHARE AND SUBSCRIBE MY CHANNEL .... THANK YOU ....
Views: 2006 TARGET IES
sap controlling - Define Cost Center Categories
 
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sap controlling - Define Cost Center Categories
Views: 457 sapfico cin
Mod-08 Lec-19 Types of Costs
 
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Managerial Accounting by Dr. Varadraj Bapat,Department of Management,IIT Bombay.For more details on NPTEL visit http://nptel.ac.in
Views: 4119 nptelhrd
Basic cost concepts -lecture 3 - product cost and period cost
 
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This is continuation video of already uploaded basic cost concepts, which specifically deals with product cost and period cost concepts in depth
5.  Managerial Accounting Ch2 Pt1: Product Versus Period Costs
 
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Accounting Course - Managerial Accounting - Cost Accounting Learning Objectives covered: Identify and give examples of each of the three basic manufacturing costs categories. Distinguish between product costs and period costs, and give examples of each. Text used: Managerial Accounting Tenth edition Garrison et al. Publisher: McGrawHill
Views: 18145 Mark Meldrum
17 -- Product Costs Versus Period Costs
 
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An overview of product costs versus period costs, to accompany http://www.principlesofaccounting.com Chapter 17, Introduction to Managerial Accounting. *Check out the Classroom page to find out how to take this course for credit: http://www.principlesofaccounting.com/classroom.html
Views: 17425 Larry Walther
Inventoriable Product Costs
 
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Please like our Facebook page at https://www.facebook.com/rutgersweb To watch the entire video, please go to https://www.youtube.com/watch?v=IRdOBNeFXSA Description: In this lecture, merchandising and manufacturing companies are compared (including the income statements of both). Many common terms and definitions used throughout Managerial Accounting is discussed here as well. To receive additional updates regarding our library please subscribe to our mailing list using the following link: http://rbx.business.rutgers.edu/subscribe.html
4 Types of Customers and How to Sell to Them - How To Sell High-Ticket Products & Services Ep. 5
 
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Identified what kinds of customers you are selling to. Watch the whole series here: https://www.youtube.com/playlist?list=PLEmTTOfet46PlgDZSSo-gxM8ahZ9RtNQE Watch this video until the end to discover the buying criteria for each type of clients. ★☆★BONUS FOR A LIMITED TIME★☆★ You can download Dan Lok's best-selling book F.U. Money for FREE: http://customertypes.danlok.link ★☆★ SUBSCRIBE TO DAN'S YOUTUBE CHANNEL NOW ★☆★ https://www.youtube.com/user/vanentrepreneurgroup?sub_confirmation=1 Dan Lok, a.k.a. The King of High-Ticket Sales, is one of the highest-paid and most respected consultants in the luxury and “high-ticket” space. Dan is the creator of High-Ticket Millions Methodology™, the world's most advanced system for getting high-end clients and commanding high fees with no resistance. Dan is one of the rare keynote speakers and business consultants that actually owns a portfolio of highly profitable business ventures. Not only he is a two times Tedx opening speaker, he's also an international best-selling author of over 12 books and the host of Shoulders of Titans show. Dan's availability is extremely limited. As such, he's very selective and he is not cheap. But if you think you or your brand might benefit from one-on-one interaction with Dan, visit http://danlok.com ★☆★ WANT TO OWN DAN'S BOOKS? ★☆★ http://www.amazon.com/Dan-Lok/e/B002BLXW1K ★☆★ NEED SOLID ADVICE? ★☆★ Request a call with Dan: https://clarity.fm/danlok ★☆★ CONNECT WITH DAN ON SOCIAL MEDIA ★☆★ Blog: http://www.danlok.com/blog/ Podcast: http://www.shouldersoftitans.com/ Facebook: https://www.facebook.com/danlokfan/ Twitter: https://twitter.com/danthemanlok Instagram: https://www.instagram.com/danlok/ YouTube: https://www.youtube.com/user/vanentrepreneurgroup Linkedin: https://www.linkedin.com/in/danlok Meetup: http://www.meetup.com/Vancouver-Entrepreneurs-Group-Business-Network/ Amazon: http://www.amazon.com/Dan-Lok/e/B002BLXW1K Keywords: big ticket sales, high ticket sales, high ticket selling, charge more money, increase prices, dan lok, preimum prices, luxury marketing expert, luxury selling, luxury sales, mastermind group, high level mastermind, high end clients, high end marketing, affluent clients, selling to affluent, affluent chinese, marketing to affluent, consultant, coach, consulting, coaching, speaking, speaker, lead generation, generate leads, professional services, coaching group, done for you service, high ticket sales funnel, closing sales, event marketing This video is about: 4 Types of Customers and How to Sell to Them - How To Sell High-Ticket Products & Services Ep. 5 https://youtu.be/F2uj9eApGXI https://youtu.be/F2uj9eApGXI
Views: 869716 Dan Lok
Top 5 Most profitable Selling Amazon Categories
 
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HANDS DOWN the top 5 MOST profitable categories as an amazon seller ONLINE RETAIL MASTERY ENROLLMENT ► https://beaucrabill.com/online-retail-home Secure your spot on thursdays webinar ► http://bit.ly/beaus-webinar SUBSCRIBE TO MY CHANNEL ► http://bit.ly/SUB-2-BEAU 1. 2:35 Consumer Electronics 2. 6:30 Clothing! 3. 8:50 Beauty! 4. 12:07 Home & Kitchen 5. 14:45 Toys 6. BONUS - got to watch to find out! *FOLLOW ME ON SOCIAL MEDIA* Instagram ► http://bit.ly/beaus-instagram Twitter ► http://bit.ly/beaus-twitter Facebook Fan Page ► http://bit.ly/Beaus-FB Reddit ► http://bit.ly/beaus-reddit Join my Amazon FBA Facebook Group ---► http://bit.ly/beaus-FBgroup *Amazon FBA Tools & Resources* Feedback Five ---► http://bit.ly/fivefeedback (Free Trail) AMZ Analyzer ---► http://bit.ly/AMZ-Analyzer Payablity ---► http://bit.ly/Payability ($100 free credit) Ungating Service ---►http://bit.ly/Ungating-Service Transferwire ► http://bit.ly/TRANSFER-WIRE (cheaper currency rate fees) NOTE: This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. While this channel may earn minimal sums when the viewer uses the links, the viewer is in NO WAY obligated to use these links. Thank you for your support!
Views: 25695 Beau Crabill
Lesson 13 How To Set Up Products & Services Lists In QuickBooks Online
 
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Get Your QuickBooks Online 30 Day Free Trial https://app.fitsmallbusiness.com/goto/quickbooks-course-youtube/ In this lesson, we’re going to cover how to set up your products and services list in QuickBooks Online. If you invoice customers for products and services sold or if you need to keep track of inventory cost and quantities, then it’s important that you set up the Products and Services list in QuickBooks Online Setting up your products and services list in QuickBooks Online will allow you to do the following: • Quickly create invoices that will automatically populate the quantity, description, and price for the product or service fields on the invoice. • Keep track of your sales by product or service. This will allow you to gain insight about what products are selling versus what products are collecting dust on the shelf. ====================================================== Access Our Course On How To Set Up QuickBooks Online: http://fitsmallbusiness.com/how-to-set-up-quickbooks-online/?utm_source=youtube&utm_medium=video&utm_campaign=QBO ====================================================== Subscribe For More Videos On How To Set Up QuickBooks Online and help your business succeed http://www.youtube.com/subscription_center?add_user=FitSmallBusiness
Views: 31562 FitSmallBusiness
Activity Based Costing (Cost Hierarchy Categories, Cost Allocation Bases, ABC System Setup, Etc.)
 
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Activity Based Costing (ABC Cost Hierarchy) Place each Cost Pool into one of the categories: 1-Unit level - each unit of product is produced, 2-Batch level - each batch of products is produced, 3-Product level - support a specific type of product, 4-Facility level - maintaining the facility or plant & 5-Customer level - support a specific customer, ABC COST ALLOCATION BASE (1) Activities (Work or function provided), (2) Drivers (Causes the need for activities), (3) Activity Cost Measure (Unit of Measure), (Allocation base for applying OVHD Cost), a. Frequency (# times activity preformed, b. Duration (Time consumed performing activity), c. Physical (Qty. of resource processed by activity), detailed discussion by Allen Mursau
Views: 5724 Allen Mursau
What is 'Cost of Quality' and 'Cost of Poor Quality' ? Hindi
 
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What is 'Cost of Quality' and 'Cost of Poor Quality' ? Hindi - COQ और COPQ क्या है? Learn in simple language. सरल भाषा में जानें Watch other videos from ‘Quality HUB India’- https://www.youtube.com/channel/UCdDEcmELwWVr_77GpqldKmg/videos • Subscribe to my channel ‘Quality HUB India’ for getting notification. • Like, comment & Share the video with your colleague and friends Link to buy My books 1. Mistake-Proofing Simplified: An Indian Perspective: https://www.amazon.in/gp/product/8174890165/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=8174890165&linkCode=as2&tag=qhi-21 2. Management Thoughts on Quality for Every Manager: https://www.amazon.in/gp/product/B0075MCLTO/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B0075MCLTO&linkCode=as2&tag=qhi-21 Gadgets I use and Link to buy 1. OnePlus 5 - Mobile https://www.amazon.in/gp/product/B01MXZW51M/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B01MXZW51M&linkCode=as2&tag=qhi-21 2. HP 14-AM122TU 14-inch Laptop https://www.amazon.in/gp/product/B06ZYLLT8G/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B06ZYLLT8G&linkCode=as2&tag=qhi-21 3. Canon EOS 700D 18MP Digital SLR Camera https://www.amazon.in/gp/product/B00VT61IKA/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B00VT61IKA&linkCode=as2&tag=qhi-21 4. Sonia 9 Feet Light Stand LS-250 https://www.amazon.in/gp/product/B01K7SW2OQ/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B01K7SW2OQ&linkCode=as2&tag=qhi-21 5. Sony MDR-XB450 On-Ear EXTRA BASS Headphones https://www.amazon.in/gp/product/B00NFJGUPW/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B00NFJGUPW&linkCode=as2&tag=qhi-21 6. QHM 602 USB MINI SPEAKER https://www.amazon.in/gp/product/B00L393EXC/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B00L393EXC&linkCode=as2&tag=qhi-21 7. Photron Tripod Stedy 400 with 4.5 Feet Pan Head https://www.amazon.in/gp/product/B00UBUMCNW/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B00UBUMCNW&linkCode=as2&tag=qhi-21 8. Tie Clip Collar mic Lapel https://www.amazon.in/gp/product/B00ITOD6NM/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B00ITOD6NM&linkCode=as2&tag=qhi-21 9. Hanumex Generic Green BackDrop Background 8x12 Ft for Studio Backdrop https://www.amazon.in/gp/product/B06W53TMDR/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B06W53TMDR&linkCode=as2&tag=qhi-21 10. J 228 Mini Tripod Mount + Action Camera Holder Clip Desktop Self-Tripod For Camera https://www.amazon.in/gp/product/B072JXX9DB/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B072JXX9DB&linkCode=as2&tag=qhi-21 11. Seagate Backup Plus Slim 1TB Portable External Hard Drive https://www.amazon.in/gp/product/B00GASLJK6/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B00GASLJK6&linkCode=as2&tag=qhi-21 Watch other Videos from ‘Quality HUB India’ 1. Process Capability Study (Cp,Cpk, Pp & Ppk) - https://www.youtube.com/watch?v=5hBRE0uji5w 2. What is Six Sigma ?Learn Six Sigma in 30 minutes- https://www.youtube.com/watch?v=1oiKYydbrSw 3. Failure Mode and Effects Analysis (FMEA) - https://www.youtube.com/watch?v=UxSBUHgb1V0&t=25s 4. Statistical Process Control (SPC) in Hindi – https://www.youtube.com/watch?v=WiVjjoeIrmc&t=115s 5. Measurement System Analysis (MSA) (Part 1) - https://www.youtube.com/watch?v=GGwaZeMmZS8&t=25s 6. Advanced Product Quality Planning(APQP) - https://www.youtube.com/watch?v=FaawYoPsUYE&t=35s 7. ‘Quality Circles' - https://www.youtube.com/watch?v=kRp9OIANgG8&t=25s 8. What is 'Cost of Quality' and 'Cost of Poor Quality' - https://www.youtube.com/watch?v=IsCRylbHni0&t=25s 9. How to perfectly define a problem ? 5W and 1H approach - https://www.youtube.com/watch?v=JXecodDxBfs&t=55s 10. What is 'Lean Six Sigma' ? Learn the methodology with benefits. - https://www.youtube.com/watch?v=86XJqf1IhQM&t=41s 11. What is KAIZEN ? 7 deadly Waste (MUDA) and benefit of KAIZEN - https://www.youtube.com/watch?v=TEcE-cKk1qI&t=115s 12. What is '5S' Methodology? (Hindi)- https://www.youtube.com/watch?v=dW8faNOX91M&t=25s 13. 7 Quality Control Tools - (Part 1) Hindi - https://www.youtube.com/watch?v=bQ9t3zoM0NQ&t=88s 14. "KAIZEN" in HINDI- https://www.youtube.com/watch?v=xJpbHTc3wmo&t=25s 15. 'PDCA' or 'Deming Cycle'. Plan-DO-Check-Act cycle - https://www.youtube.com/watch?v=Kf-ax6qIPVc 16. Overall Equipment Effectiveness (OEE) - https://www.youtube.com/watch?v=5OM5-3WVtd0&feature=youtu.be 17. Why-Why Analysis? - Root Cause Analysis Tool - https://www.youtube.com/watch?v=Uxn6N6OJvwA
Views: 39371 Quality HUB India
How to Set the Magento Cost Attribute to Show on ALL Product Types
 
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https://understandinge.com/magento-tutorials/ Magento out-of-the-box comes with an attribute for storing costs prices. But this attribute is not enabled by default for all product types. We will show to you how to enable the cost attribute to show on all product types. This is a very easy process. Just watch the video above and you'll be able to finish setting the attribute in no time. Note: Always make sure that cost attribute is available for simple and all the product types in Magento, it will make much easier to assign a cost price as well as sell price so you can manage profitability a lot easier. If you need a hand at any time, use the contact details below and the forums here http://understandinge.com/forum/ are always open. See you there, Matt & Dave Twitter: https://twitter.com/understandinge Homepage: http://understandinge.com/
Views: 3269 understandinge
Absorption Costing - Costs and Costing Techniques - Learn Accounting Online
 
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COSTS AND COSTING TECHINQUES The different elements of costs are materials, labour and expenses. The elements of costs can broadly be put into two categories. 1. Fixed costs 2. Variable costs Fixed cost are those which do not vary, but remain constant within a given period of time, inspite of fluctuations in production. The examples of fixed costs are rent, insurance charges, management salaries, etc. On the other hand, variable costs are those which vary in direct proportion to any change in the volume of output. The costs of direct material, direct wages etc, can be put into this category. The cost of a product can be ascertained by any of the following two costing techniques: 1. Absorption costing Technique 2. Marginal Costing Techigue Absorbtion costing technique is also termed as ''TRADITIONAL or FULL COST METHOD''. According to this method, the cost of a product is determined after considering both fixed and variable costs. The variable costs, such as those of direct materials, direct labour, etc. are directly charged to the products, while the fixed costs are approportioned on a suitable basis over different products, manufactured during a period. Thus, in the case of absorption costing, all costs are identified with the manufactured products. Advantages of absorption costing: It recognizes the importance of fixed costs in production. This method is accepted by Inland revenue, as stock is not undervalued. This method is always used to prepare financial accounts. When production remains constant, but sales fluctuate absorption costing will show less fluctuation in net profit. Unlike marginal costing, where fixed costs are agreed to change into variable cost, it is cost into the stock value, hence distorting stock valuation. Disadvantages of absorption costing: It assumes that prices are simply a function of costs. It does not take the account of demand. It includes past costs which may not be relevant to the pricing decision at hand. It does not provide information which aids decision-making in a rapidly changing market environment.As the manager's emphasis is on total cost, the cost-volume-profit relationship is ignored. The manager needs to use his intuition to make the decision.
Views: 71013 Alternate Learning
SAP PRODUCT COSTING CONFIGURATION - CREATE ACTVITY TYPES
 
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SAP Controlling Configuration SAP PRODUCT COSTING CONFIGURATION CREATE ACTVITY TYPES
Views: 1575 sapfico cin
[#1] Introduction to Cost Accounting - (COST SHEET) :-by kauserwise
 
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Introduction to Cost Accounting - (COST SHEET) Accounting tutorial, Elements of costs, Material cost, Labour cost, other expenses, Direct material cost, indirect material cost, direct labour cost, indirect labour cost, direct other expenses, indirect other expenses. Over heads. Factory over heads, office and administrative over heads, selling and distribution over heads. To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu
Views: 757181 Kauser Wise
Activity Based Costing Example in 6 Easy Steps - Managerial Accounting with ABC Costing
 
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Clicked here http://www.MBAbullshit.com/ and OMG wow!I'm SHOCKED how easy.. Imagine your brand makes two types of mobile phone devices. They are each produced working with one machine. The maintenance cost of the apparatus is $100 a month. What percentage should each style of telephone share under the maintenance cost? In order to be "just", some will suggest that the cost must be divided 50%-50%. However, what if Phone A consumes 90 hours of the machinery, and Phone B uses only 10 hours of the apparatus? Should the cost remain to be split 50%-50%? As part of classic "allocated" costing, the cost should probably still be split 50%-50%. However applying the principle of Activity Based Costing, it needs to most likely be cut up 90%-10% for the reason that one phone type is based on 90 hours of the apparatus monthly while the other cell phone form typically only consumes 10 hours of the identical device. The foregoing technique makes use of "amount of activity" for being a function of costing, and not just "allocation" where accountants simplistically allot the costs by the same token.Needless to say, for any product or service, there are a lot more activities to consider, and not only the employment of a particular device. These varying activities which generally encounter a mark on cost are classified as "cost drivers". Cost drivers may appear in numerous varieties for instance machine hours consumed, number of inspections, hours spent on inspections, number of production runs, quantity of hours used up throughout production, quantity of setups, together with multiple others.In the case above, we simply used machine hours consumed. Inside a less forgiving example, we may additionally need to consider the number of inspections. Suppose Phone A solicited added inspections by enterprise engineers than Phone B? It goes without saying, a great deal more of the compensation of institution engineers really needs to be allocated to Phone A. Whereas, what if Phone B solicited a great deal more production runs than Phone A? Again, we would struggle to conveniently partition broad production costs among the two mobile phone types. To further complicate the problem, what if Phone A, irrespective of using far less production runs, solicited more production setups than Phone B? Evidently, the difficulty of appropriately allocating costs to each of the phone models can get incredibly exhausting. Having said that, this difficulty can be really worth the effort if it helps a business apply extra meticulous or more defined costs on items, which can be made use to help the company in its pricing methods. The beauty of Activity Based Costing is that it considers all these diverse costs and cost drivers in a timely fashion, granting an organization the competence to perform pretty defined costing inspite of such concerns. http://www.youtube.com/watch?v=PcjxRe4EsuY activity based costing, abc costing, what is activity based costing, what is abc http://mbabullshit.com/blog/activity-based-costing/
Views: 305000 MBAbullshitDotCom
What is DIRECT MATERIALS COST? What does DIRECT MATERIALS COST mean? DIRECT MATERIALS COST meaning
 
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What is DIRECT MATERIALS COST? What does DIRECT MATERIALS COST mean? DIRECT MATERIALS COST meaning - DIRECT MATERIALS COST definition - DIRECT MATERIALS COST explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Direct materials cost the cost of direct materials which can be easily identified with the unit of production. For example, the cost of glass is a direct materials cost in light bulb manufacturing. The manufacture of products or goods required material as the prime element. In general, these materials are divided into two categories. These categories are direct materials and indirect materials. Direct materials are also called productive materials, raw materials, raw stock, stores and only materials without any descriptive title. Steps to estimate the direct material costs: 1. Find the total amount to be produced. This is usually noted as the order size. 2. Calculate the total amount of raw materials required to produce the order size. 3. Multiply that amount by the cost associated with the raw materials. 4. If there is a waste or scrap, its cost should be added to the costs in step 3. 5. If the waste or scrap can be sold at salvage value, this value should be subtracted from the costs in step 4.
Views: 1394 The Audiopedia
Fixed and variable costs as per unit costs and total costs
 
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In this video, we look at per unit cost and total cost as production increases. What happens to fixed cost? What happens to variable cost? What happens to total cost per unit? ********************************************************** C’s get degrees, but they don’t get jobs. College is about earning a high GPA and getting the knowledge you need to succeed in your career. To get that knowledge you need to do the reading for your classes, but we all know it’s boring and time-consuming. What if I told you you could eliminate up to 80% of the reading required in your classes, while actually doing better on your exams? Learn more at https://www.collegesuccesshacks.com ******************* NEED MORE HELP? *********************** For more help with cost behavior?: Variable Cost: https://accountinginfocus.com/managerial-accounting-2/cost-behavior/variable-cost/ Fixed Cost: https://accountinginfocus.com/managerial-accounting-2/cost-behavior/fixed-cost/ Mixed Cost: https://accountinginfocus.com/managerial-accounting-2/cost-behavior/mixed-cost/ Mixed Cost and the High-Low Method: https://accountinginfocus.com/managerial-accounting-2/cost-behavior/mixed-cost-and-the-high-low-method/ Introduction to Fixed and Variable Costs: https://accountinginfocus.com/managerial-accounting-2/cost-behavior/cost-behavior-introduction-to-fixed-and-variable-costs/ For more help with your managerial/cost accounting course: https://accountinginfocus.com/managerialcost-accounting/ For information about Accounting In Focus: https://accountinginfocus.com *************** FREE 30-MINUTE TUTORING SESSION ************* Get great tutoring at an affordable price with Chegg. Use our affiliate link to get your first 30 minutes FREE. http://chggtrx.com/click.track?CID=286409&AFID=424689&ADID=1873486&SID ********************** FOLLOW ME *************************** Facebook: Facebook.com/accountinginfocus Twitter: Twitter.com/KristinLIngram Instagram: Instagram.com/KristinIngramCPA
Views: 37119 Kristin Ingram
Stock accounting and product costing in Odoo inventory
 
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For more information, please refer to https://www.odoo.com/page/warehouse To schedule a demo, please refer to https://www.odoo.com/r/demo-dalagon
Views: 3169 Odoo
Bakery Production Cost Reduction
 
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Please join us for the second installment of ASB's Young Professionals Committee webinar series Back to the Basics, as they explore the fundamentals of cost reduction. In this 60 minute webinar, participants will learn six (6) specific categories of production costs along with ideas regarding how to reduce each of them. Armed with this knowledge, post-webinar supplier attendees will be able to engage in effective dialog with their bakery customers that should result in tangible improvements in the bakery operation. But don't fear, we haven't left our baker professionals out! This webinar also has value for production supervisors to help them support continuous improvement efforts by their baking company. ASB's August YPC webinar is taught by Dr. Kirk O'Donnell of Bakers Growth, who has over ten (10) years of experience in bakery operations and over twenty (20) years of experience in education and training. He is also author of the Bakery Production Handbook.
Product Life Cycle (BBA, MBA, B.Com., M.Com.) Lecture by Ms. Surbhi Mathur.
 
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In this video lecture stages of product life cycle has been discussed. A product goes through various stages in its life such as: Introduction, Growth, Maturity & Decline. Thanks for watching and commenting. If you like our video you can Subscribe Our Youtube Channel here https://www.youtube.com/user/gurukpobiyanicollege?sub_confirmation=1 And You can also Subscribe to our Biyani TV Channel for quality videos about Fashion Lifestyle, Current affairs and many useful topics https://www.youtube.com/channel/UC50PUq-NO3Upw7XYsjwKQrA?sub_confirmation=1 Gurukpo.com is the fastest growing educational web portal where all kind of academic information/Notes are available free of cost. For more details visit http://www.gurukpo.com These Videos are produced by Biyani Group of Colleges Jaipur, a fastest growing girls college in India. Visit http://www.biyanicolleges.org Share, Support, Subscribe!!! Subscribe: https://goo.gl/3gBszC Youtube: https://goo.gl/cjbbuL Twitter: https://twitter.com/drsanjaybiyani Facebook: https://www.facebook.com/drsanjaybiyani/ Instagram: https://www.instagram.com/prof.sanjay... Website : http://www.sanjaybiyani.com http://www.biyanitimes.com You can Subscribe to our Biyani TV Channel for quality videos about Fashion Lifestyle, Current affairs and many useful topics https://www.youtube.com/channel/UC50P... Other Suggested Videos: https://www.youtube.com/watch?v=9GBjMbIYjyo https://www.youtube.com/watch?v=-WXxxR-Ry3E https://www.youtube.com/watch?v=zr46j40GgoI https://www.youtube.com/watch?v=NcDOot_Mm6I https://www.youtube.com/watch?v=GiaZLScAg4k https://www.youtube.com/watch?v=hCCBUC0T9lY https://www.youtube.com/watch?v=s71n7rGvv-w
Views: 175879 Guru Kpo
Business Plan-Cost Categories  Cost of Goods Sold (COGS) and Overhead
 
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http://www.CapitalMatchPoint.com - There a two kinds of cost. Cost of Goods Sold is the cost directly associated with providing your product or service. Overhead is the additional cost (administrative) required to support your business. Investors want to know both because it tells them the raw value of your company and potential areas for curtailing cost. Get a COMPLETE TRANSCRIPT of this video at: http://capitalmatchpoint.com/content/business-plan-cost-categories-%E2%80%93-cost-goods-sold-cogs-and-overhead , Hosted by Mark Bass, MBA, The Capital MatchPoint, Call 770.433.8250 for any questions about investors or entrepreneurs.
Views: 1503 findinvestors
Production Cost Analysis SAP S/4HANA Cloud 1811
 
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Welcome to the Video Library for Finance: SAP S/4HANA Cloud 1811. This playlist showcases some of the informational videos we’ve created to help you Run Simple. See more at the Video Library for Finance on the SAP Help Portal: https://help.sap.com/viewer/6b39bd1d0e5e4099a5b65d835c29c696/1811.500/en-US/7640423ccc9a4f43830433ab66c2f9c0.html
Views: 291 SAP Technology
Marginal Costing Techinque - Learn Accounting Online
 
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Objective of this video: What are the elements of cost ? What are the two most important costing techniques ? What is marginal costing technique ? What is contribution ? The different elements of costs are materials, labour and expense. The elements of costs can broadly be put into two categories. Fixed costs are those which do not vary, but remain constant within a given period of time, inspite of fluctuations in production. The examples of fixed costs are rent, insurance charges, management salaries, etc. On the other hand, variable costs are those which vary in direct proportion to any change in the volume of output. The costs of direct material, direct wages, etc. can be put into this category. The cost of a product can be ascertained by any of the following two techniques. Marginal costing: This technique is a definite improvement over the technique of absorption costing. According to this technique, only the variable costs are considered in calculating the cost of the product, while fixed costs are charged against the revenue of the period. The marginal cost of a product is its "VARIABLE COST". There are different phrases being used for this technique of costing. In UK, marginal costing is a popular phrase, whereas in US, it is known as ''DIRECT COSTING'' and is used in place of marginal costing. ''VARIABLE COSTING'' is another name of ''MARGINAL COSTING''. Contribution: Marginal costing technique has given birth to a very useful concept of ''contribution'' where contribution is given by sales revenue less marginal cost (variable cost). Contribution may be defined as the profit before the recovery of fixed costs. Thus, contribution goes towards the recovery of fixed cost and profit, and is equal to fixed cost plus profit (C = F + P). Contribution = Fixed cost + Profit In case, a firm neither makes profit nor suffers losses, contribution will be just equal to fixed cost (C = F). This is known as ''BREAK EVEN POINT''. The concept of contribution is very useful in marginal costing. It has a fixed relation with the sales. PRINCIPLES OF MARGINAL COSTING TECHNIQUE Since fixed costs relate to a period of time, and do not change with increase or decrease in sales volume, it is misleading to charge units of sale with a share of fixed costs. When a unit of product is made, the extra costs incurred in its manufacturing are the variable production costs. Fixed costs are unaffected, and no extra fixed costs are incurred when output is increased.
Views: 39653 Alternate Learning
Common Mistakes that eBay Sellers Make (that cost THOUSANDS of $$$)
 
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Discover the 5 common mistakes that eBay sellers make. Get our ebook: http://wholesaleted.com/4-step Get a free 1-week trial to Terapeak, the #1 eBay product researching tool: http://wholesaleted.com/go/terapeak Watch our video which reveals how to find easy to sell items on eBay: https://www.youtube.com/watch?v=XR2HQKX4bPs Mistakes that eBay sellers make #1: They sell items for below their worth. When you list an item for sale on eBay, you should be looking at the completed listings and seeing what the average sale price is for an item for successful listings. This isn’t just so that you can maximize your price: It is so that you don’t list it for an unrealistically high price that it won’t sell for. If you don’t check completed listings then you are pricing your eBay items blindly and risk losing out on profits. There are two ways to check over the average sale price for completed listings. One, you can manually do a search for the item and browse the eBay completed listings. The other way it to use the Terapeak Product Research Tool (http://wholesaleted.com/go/terapeak - click for a free 1 week trial) and do a search for it’s average selling price. Mistakes that eBay sellers make #2: Not considering cash-flow Understanding your cash-flow is a necessary part of running an eBay business because it lets you spend your money wisely to maximize your investments. To do this, you need to understand the buyer demand for the items you are selling, and know how long it will take you to successfully sell an item. If you have a lot of money being held up in low-demand items, then it will be a long time before you get that cash back which you can, in theory, use to invest in more items. It’s wiser to invest your money in items that, while they might bring in low-profits, have a high-turnover rate. By having your money/cash tied up in low-demand items, you’re missing out on the opportunity to use your money/cash to buy new items to resell in the meantime. This is one of the common mistakes that eBay sellers make when they are new because it’s advanced planning/strategy. Consider your cash-flow and be careful about which items you purchase to resell. Mistakes that eBay sellers make #3: Listing items as Auctions rather than Buy-Nows Most eBay PowerSellers list their items as Buy it Now listings instead of auctions, because auctions are a lose-lose for both the buyer and you as the seller for the following reasons: * Customers don’t want to have to wait for the auction to end to purchase their items. * To incentivize people to bid on your items, you have to list them for low prices and take a risk that there will be more than 1 bidder after the item. * If there is an established market price for an item already with other sellers selling their items for that, then buyers have no incentive to bid higher than the other Buy it Now prices. You essentially guarantee that you’ll get a lower price for the item or at best equal your competitors. This is one of the super common mistakes that eBay sellers make when they first start. Auctions can be good for some items with incredible demand and a tonne of scarcity, e.g. popular memorabilia. But for most items you’ll fetch a far higher price if you use the Buy it Now listing style. Mistakes that eBay sellers make #4: Focusing on quantity over quality It is more profitable to source 10 items that will make 10 sales a month than 100 items that will make 1 sale a month. Both ways will net you 100 sales, but the first way will save you enormous amounts of time that you can dedicate to making your business more profitable. The strategy of listing thousands of items does work through sheer attrition, but it is very time-consuming and stressful. It is also very expensive, as eBay charge you insertion fees once you reach your threshold of free item listings for the month. For a seller without a store, the threshold is just 50 items. To find high-profit, in-demand items to sell on eBay, be sure to watch our tutorial: https://www.youtube.com/watch?v=XR2HQKX4bPs Mistakes that eBay sellers make #5: Not realizing that eBay charge you fees on shipping Here is a quick tip to remember - eBay charges fees on both the cost of the item AND the shipping. So be sure to use an eBay fee calculator to work out what you should charge for shipping so you don’t lose money. These are the mistakes that eBay sellers make when they first start selling on eBay: Now you know how to avoid them. If you liked this video, please subscribe to Wholesale Ted.
Views: 133392 Wholesale Ted
Activity Based Costing (with full-length example)
 
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This video explains the process of Activity-based Costing and illustrates how Activity-based Costing is used with an example. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 200278 Edspira
How Much Money To Launch First Amazon Private Label Product? - Cost Breakdown July 2018
 
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⭐️ FREE Amazon FBA Beginner Guide: https://bit.ly/2wYP11i ⭐️ JUNGLE SCOUT: https://goo.gl/ovJwuP (Essential for Amazon product research) How much should you expect to invest in your first private label product on Amazon? In this video, I break down the three main categories of costs and expenses you will encounter. Enjoy! $6000 In Two Weeks! First Private Label Amazon FBA Product Results: https://youtu.be/dQ3E_waZNaw How I TRIPLED My Amazon Reviews OVERNIGHT! : https://youtu.be/yyDEIjX4fec AVOID this MISTAKE Before Starting Amazon FBA: https://youtu.be/Ymxw3Q5AdME 📲 WHERE TO CONNECT WITH ME: INSTA: https://www.instagram.com/griffinmilks FACEBOOK: https://www.facebook.com/griffinmilksbusiness
Views: 318 Griffin Milks
Identifying Material and Energy Cost Categories of Forest...
 
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Identifying Material and Energy Cost Categories of Forest Products Production Using Material Flow Cost Accounting Material Flow Cost Accounting (MFCA) is a method belonging to the general Environmental Management Accounting framework and it has been used mainly in the industry for increasing resource efficiency, cost savings, and minimization of environmental degradation. MFCA treats material losses (wastes and emissions) as one more output of the production process and assigns a cost on it. Thus, the managers can understand the material and money losses, something which is not the case in conventional cost accounting. The method has been standardized with the ISO14051 certification, and is now applied in several different sectors. However, its potential use is very wider compared to its current use. Indeed, there is a lack of applications in the service sector, in public services, or in the primary sector. Forest sector belongs to the latter and it may sometimes use significant quantities of energy and materials for the production of its outputs. Unfortunately, currently the forest managers are not able to understand such losses. In the present research, we focus on MFCA and its potential use to the main forest products, such as timber, or cultivated Christmas trees. We identify the main material and energy costs, and give examples of the differences between Material Flow Cost Accounting and its conventional counterpart, demonstrating the benefit for reduced material and energy resources and the protection of natural environment.
Views: 180 IAFOR
SAP Product Costing Configuration - Define Costing  Sheets
 
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SAP Product Costing Configuration Define Costing Sheets Costing sheet KZS2 http://www.amazon.com/dp/B00R0AW47K
Views: 2420 sapfico cin
Products and Pricebooks in Salesforce
 
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Using salesforce.com (Professional Edition and above) this is a quick setup guide for Products, Pricebooks and Revenue/Quantity scheduling. A brief walkthrough of how to create a Pricebook, how to Add a Product to the Pricebook, then schedule the Product through an Opportunity
Views: 99519 Alex Zarowny
backtesting2.0_MyVideo-140825-150145
 
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MyVideo-140825-150145 Backtesting 2.0 1. Selling costs can be either direct or indirect costs. True False TRUE AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Blooms: Remember Difficulty: 1 Easy TextBook - Chapter 02 #1 Learning Objective: 02-02 Identify and give examples of each of the three basic manufacturing cost categories. 2. A direct cost is a cost that cannot be easily traced to the particular cost object under consideration. True False FALSE AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Blooms: Remember Difficulty: 1 Easy TextBook - Chapter 02 #2 Learning Objective: 02-01 Understand cost classifications used for assigning costs to cost objects: direct costs and indirect costs. 3. Property taxes and insurance premiums paid on a factory building are examples of period costs. True False FALSE AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Blooms: Understand Difficulty: 2 Medium TextBook - Chapter 02 #3 Learning Objective: 02-03 Understand cost classifications used to prepare financial statements: product costs and period costs. 4. Conversion cost equals product cost less direct labor cost. True False FALSE AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Blooms: Analyze Difficulty: 3 Hard TextBook - Chapter 02 #4 Learning Objective: 02-03 Understand cost classifications used to prepare financial statements: product costs and period costs. 5. Thread that is used in the production of mattresses is an indirect material that is therefore classified as manufacturing overhead. True False TRUE AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Blooms: Remember Difficulty: 1 Easy TextBook - Chapter 02 #5 Learning Objective: 02-02 Identify and give examples of each of the three basic manufacturing cost categories. 6. Direct labor is a part of prime cost, but not conversion cost. True False TRUE AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Blooms: Understand Difficulty: 2 Medium TextBook - Chapter 02 #6 Learning Objective: 02-03 Understand cost classifications used to prepare financial statements: product costs and period costs. 7. Conversion cost is the sum of direct labor cost and direct materials cost. True False FALSE AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Blooms: Understand Difficulty: 2 Medium TextBook - Chapter 02 #7 Learning Objective: 02-03 Understand cost classifications used to prepare financial statements: product costs and period costs. 8. Direct material costs are generally fixed costs. True False FALSE AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Blooms: Understand Difficulty: 1 Easy TextBook - Chapter 02 #8 Learning Objective: 02-02 Identify and give examples of each of the three basic manufacturing cost categories.
Views: 5 drarushi
The Economics of Airline Class
 
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Check out Squarespace: http://www.Squarespace.com/Wendover 10% off code: Wendover Support Wendover Productions on Patreon: https://www.patreon.com/wendoverproductions Get a Wendover Productions t-shirt for $20: https://store.dftba.com/products/wendover-productions-shirt Youtube: http://www.YouTube.com/WendoverProductions Twitter: http://www.Twitter.com/WendoverPro Email: [email protected] Reddit: http://Reddit.com/r/WendoverProductions Select visuals courtesy http://www.Shutterstock.com Sound by Graham Haerther (http://www.Haerther.net) Select visuals courtesy British Airways Select visuals courtesy Etihad Airways Select visuals courtesy Virgin Galactic “Poldoro” by Milton Arias “Summer Movement 1” by John Harrison with the Wichita State University Chamber Players Big thanks to Patreon supporters: Rob Harvey, Venkata Kaushik Nunna, Josh Berger, Paul Jihoon Choi, Huang MingLei, Dylan Benson, Maximillian van Kasbergen, Victor Zimmer, William Chappell, Eyal Matsliah, Sihien,Joseph Bull, Marcelo Alves Vieira, Jonah Paarman, maco2035, Hank Green, Plinio Correa, Connor J Smith, Brady Bellini
Views: 6962230 Wendover Productions
Want A Supermoto? | Build & Costs Explained
 
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Lots of people asking where are all the super moto videos & how much did the build cost me? Well here are all your answers with an overview of why I love em :-) For the Knox gear have a look here: https://www.planet-knox.com/ Massive thanks to my channel supporters : https://www.wheelsmotorcycles.co.uk/ ----------------------------------------------------------------------------------------------------- NEW PATREON ACCOUNT NOW OPEN - Early video access, behind the scene videos and blogs - https://www.patreon.com/LambChopRides ---------------------------------------------------------------------------------------------------- LCR Stickers are back! http://digitalsignfx.co.uk/shop/motovloggers/Lamb-Chop-Rides Team LCR clothing now also available: https://teespring.com/en-GB/stores/team-lcr ---------------------------------------------------------------------------------------------------- Phone mount from Ultimate Addons: https://ultimateaddons.com/pages/motorcycle Filming Equipment used: Camera Primary - GoPro Hero 4 Silver - http://amzn.to/2rlaBec Secondary's - GoPro Hero 4 & 7 Black - http://amzn.to/2rhoU1m Intercoms - Sena 30k - http://amzn.to/2r8EUUO \ Cardo PackTALK BOLD - https://amzn.to/2RSrbjr Drone - DJi Mavic - http://amzn.to/2rlwhqv Data Logger - SpeedAngle www.rg-racing.com Helmet microphones - Sony ECM-PC60 - http://amzn.to/2qx7K2t ---------------------------------------------------------------------------------------------------- Bike upgrades - Supermoto: Wheels by SMPro Wheels - https://www.smprowheels.co.uk Brakes by Moto Master - https://www.moto-master.com Tyres by Avon - http://www.avon-tyres.co.uk Bling - https://www.ebay.co.uk/str/Mud-Pig-Racing?_trksid=p2047675.l2563 Bike upgrades - GSXR: Ti Exhaust - https://brocksperformance.com/predator-full-system-ti-front-section-w-titanium-muffler-gsx-r1000-and-gsx-r1000r-17-18/ Chain / Sprockets Kit - https://www.sportsbikeshop.co.uk/motorcycle_parts/content_prod/426078/#/26465,0,0 Levers - UK Race Support - https://www.ukracesupport.com/ Rearset - Gilles https://www.performanceparts-ltd.com/road/suzuki/gsx-r-1000-r-17/2017/categories/footpegs-rearsets/gilles-mue2-adjustable-rearset-kit-black-supplied-with-folding-footpegs-/mue2-s01-b Cruise Control - https://www.mccruise.com/ Exhaust Hanger - https://www.rg-racing.com/browseBike/Suzuki/GSX-R1000/2018/EH0077BKA Suspension - http://nitron.co.uk/ Hugger - https://www.pyramid-plastics.co.uk/ Engine Protection - https://www.gbracing.eu/ Titanium Race Bolts - https://www.racefasteners.co.uk/ Titanium bobins / axle nuts - https://racetorx.co.uk/ ----------------------------------------------------------------------------------------------------- Riding Gear In This Video Vented Jacket - Knox Urban Pro Shirt https://www.planet-knox.com/product/urbane-pro-armoured-shirt/ Gloves - Knox Handroid Pods https://www.planet-knox.com/product/handroid-pod-gloves/?attribute_pa_size=s&attribute_pa_colour=tan-palm Vest - http://amzn.to/2FQSwsW Off-road Boot - TCX Comp EVO http://www.nevis.uk.com/products/tcx/off_road_line/tcx_comp_evo_michelin_greoraflu Off-road Helmet - AGV AX-8 DUAL EVO https://shop.wheelsmotorcycles.co.uk/products/agv-ax8-dual-evo-earth =================================================== More from Lambchop Rides on: www.Twitter.com/lambchops1971 www.Facebook.com/LambchopRides Instagram - lamb_chop_rides Thank you LC
Views: 1846 Lamb Chop Rides
Cost of Production in Tally ERP 9 in hindi  Part 01
 
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Now learn how to Process / Entry cost of production /Manufacturing Cost / BOM (Bill of Materials) in Tally ERP 9 in Hindi / Urdu Language by Computer Learning Channel on youtube.
Views: 23859 Computer Learning
Calculate Product Selling Price for Online Business || Costing, Profit Calculation for eCommerce
 
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Views: 2809 Cyber Baba
SAP Product Costing Training - Define Percentage Overhead Part 2
 
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SAP Product Costing Training - Define Percentage Overhead Part 2 http://www.amazon.com/dp/B00R0AW47K
Views: 1194 sapfico cin
Amazon Product Selection and Sourcing Demo 1 - Category Drill Down
 
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Watch how I shortlist a potential product to sell on Amazon and show you how to find potential suppliers. This 23 minute search ends up with 30 possible SKUs, suppliers with a product cost 31x lower than the selling price on Amazon, and an estimated ROI of 2-3x that will double or triple your initial investment with each sale after product costs, shipping and Amazon fees. Learn more at https://www.jasontayonline.com
Views: 343 jasontayonline
Project wise cost accounting with cost centres in tally
 
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#gaddamsubramanyam #tallyprofessor #tallytutorials #tallyerp9classes From this video you can learn how to maintain project wise cost accounting with cost centres in tally. Its very simple just go to company features and set cost centres to yes. Then alter revenue and expense ledgers to enable cost centres for yes . This is most useful for construction accounts Note :If any videos on youtube unable to here the voice follow these steps Open the youtube video copy the URl Open VLC Media Player Go to Media Select network team Paste the URL and click on play Increase the valume upto 400% thats it apply cost centers in tally cost centre implementation in tally #gaddam subramanyam
Views: 79720 Subramanyam Gaddam