Job Order Costing Short Problem #1

Short sample exercise for job order costing.
#AFAR #CostAccounting #SirATheCPAProf

[@danielaclaudinetarala5434]

This short problem enabled me to recall our previous lessons on cost accumulation, computation of pre-determined OH rate (nag-workback dito), and cost allocation to jobs. Many thanks for this, sir!

[@cjaldrincastillo4516]

Job order costing is just like the computations before but now we have to separate the records of different jobs in the WIP inventory. Thank you, Sir A, for the brief and informative video!

[@kevintubieron5128]

Isa ito sa mga topic na nahihirapan talaga ako. Salamat sir A sa illustration na ito dahil mas naintindihan ko ang job order costing.

[@genekliomariposa9646]

I am gaining a better understanding of the job order costing system thanks to the sample short problem. The solutions were well explained, as well as how the journal entries are made. Thank you, Sir A!

[@jovelynvillaalonzo8718]

The majority of the material we previously learned could be applied using this video lesson, in my opinion. Even though it wasn't long, it had all the facts we needed to know. Sir A, I appreciate you explaining job order price in such a clear and comprehensive manner.

[@leiladaguman7867]

An example of problem solving like this is extremely helpful in broadening my understanding of the subject. Thank you, Sir A!

[@perpusejennyirene5277]

I was able to gain a deeper understanding of the job order costing method. I appreciate this additional problem exercise for job order costing, it was simpler for me to comprehend how the computations were carried out, as well as the journal entries. Thank you, Sir A!

[@ma.jenellestarita7734]

Because of this illustration, I better understand how to calculate different job order costs. And learners need to understand the problems for us to better understand the concept of job order costs. Thank you, Sir A!

[@delpilarfeic.3185]

This lecture enabled me to reflect on what have I learned about job order costing. Thank you for this illustration, Sir A!

[@micaellaramos5008]

By providing an answer to the problem presented in this video, I gained a deeper appreciation for the job order costing system. After watching this video lecture, I discovered that the formula for determining the predefined overhead rate is simply dividing the budgeted fixed overhead by the budgeted capacity. Thank you, Sir A!

[@najaahgarcia]

I was able to apply most of the theories we learned in the past through this video lecture. Although it was brief, the knowledge we were required to grasp were still incorporated throughout. Thank you for a very concise illustration of job order costing, Sir A!

[@janetadjas3427]

Finished watching, mas naintindihan po talaga ang concept ng topic because of this example problem. Thank you Sir A!🙂

[@genesistabayoyong694]

This kind of video is immensely helpful to understand deeply the concept of the topic under job order costing. I highly appreciate the sample exercise and explain it well. Thank you po, Sir A!

[@vhenicemarcelino7990]

This short problem helps me to better understand the job order costing system, not just by its concept, but by its application. A lot of numbers are given, and it is important to be mindful of the amounts that we will use in the computation. Thank you, Sir A!

[@adeleinebuenaventura]

By watching the video lesson, I was able to grasp a better understanding of the prior video lecture and I now appreciate the job order costing theories that were previously discussed by following the given problem with detailed computation and explanation. Thank you, Sir A!

[@princesslainevillas759]

After watching this video, I was able to grasp a better understanding of the job order costing. Through the detailed explanation and computation, I was able to have a clearer comprehension of the past lecture videos. Thank you, Sir A!

[@aikakoshimae3009]

In this short problem, I got to apply what I've learned from the video lectures. With Prof's guide, I was able to answer the problem too. Thank you so much, Sir! It's really nice to answer problems to be able to know more about the subject.

[@voncrisshaneescalona3368]

I learned more about job order costing from watching this video lecture. I discovered that the predetermined overhead rate is simply calculated by dividing the budgeted fixed overhead by the budgeted capacity. I also realized that while the solutions are straightforward, it can be difficult to respond when one doesn't understand the question being asked. Thanks Sir A!

[@kristinemartires5338]

I was able to apply and grasp the information that I learned in the previous videos with the help of this short problem solving practice. The supplied step-by-step directions for addressing the problems help me comprehend it better. Thank you, Sir A!

[@alvarezsteveaustin1859]

With this video, I was able to understand why the given accounts are used to record in application of overhead to all jobs, what amounts to use, and what to credit. Thank you po, sir A!

[@samanthanicolejavellana7942]

After watching this video, I gained knowledge about how to solve job order costing problems. I also learned how to calculate an overhead rate by dividing the budgeted factory overhead by the budgeted capacity. Thank you for this Sir A!

[@joreenramos1871]

I have applied my knowledge from the previous video lectures to this short problem. I have understood more the Job Order Costing on how it is computed and how to record it in the journal. Thank you po, Sir A!

[@janellamaecorpuz3096]

Rewatching this for our midterms tomorrow! With the use of the schedules, I was able to get most of the answers in this problem. Thank you for this video sir A!

[@karylleromero5731]

Done watching this video a couple of months ago but re-watching for our incoming finals. Very informative. Thank you so much po, Sir!

[@lisingmariellar.7595]

Due to the fact that I use the theories that I have learned in the previous video lectures, I came to the conclusion that it is very vital to study every last piece of information pertaining to the theory in this problem-solving video. This video lesson helped me understand the step-by-step procedure and calculation involved in job order costing even if I am not a very fast learner. Taking in what is being said is benefiting me in a very helpful way. Thank you, Sir A!

[@franzinekhatemontilla9902]

Through this video lecture, I learned the application of our previous lecture which is the job costing system. I also realized that it is important to get the predetermined overhead rate first because when computing for the overhead applications, it is frequently used. Thank you, Sir A!

[@karentolentino9046]

Through this video lecture, I was able to comprehend the previous lessons that we had regarding with this topic. The job order costing step-by-step process and computation was specifically covered in this lecture and because it was so clearly stated, I was able to follow along. Also, it is crucial to learn how to solve problems related to job order costing because we cannot only learn the concepts used in this matter, but we must practice solving those problems on our own as learning bears fruit from doing and not just memorizing. Thank you, Sir A!

[@iligpaulinejoye.]

This video problem is a great addition to help me better understand job order costing. Thank you, Sir A!

[@maryjoycesahagun7384]

During our synchronous class last time, I didn't watch the video about job order costing yet. But after watching all the videos and applying it to the problem I can clearly understand the problems that were presented during the synchronous class. Thank you po, Sir A!

[@quienshannyns.5239]

Through this video lecture, I was able to apply what I had learned from the prior lectures and the given illustration also helped me to better understand the concept of job order costing. Thank you for this brief and informative lecture, Sir A!

[@QueenieDelRosario-mt3ur]

I learned that the predetermined overhead rate is calculated by simply dividing the budgeted fixed overhead by the budgeted capacity. I appreciate you providing the illustration for this video presentation, Sir. I was able to apply the information I had learned from the earlier video lectures to the given problem.

[@balderamanicole699]

Through this short exercise, I was able to assess and apply what I had learned during the previous lectures. I'm glad I was able to meet the problem's requirements. But I think there is still a need for me to improve how I analyze the problem. Thank you, Sir A!

[@angelinepascual4635]

Through this lecture, I was able to appreciate the job order costing theories more by following the computations. I came to realize what the words meant in numbers. Thank you po!

[@psychieapatan3978]

Having this kind of video lecture sure helped me, as well as the other students, to understand more not only the concept, but also how to do the computations in job order costing. Thank you very much, sir A!!

[@preciousdabac2757]

I was able to gain a deeper knowledge of job order costing by following along with the calculations shown in this presentation. It was still a bit confusing for me previously, but with practice, I will surely be able to handle problems like this. Thank you po, Sir A!

[@markleomacdon1031]

Thank you for this example problem, sir! With this video, I'm able to apply the formula for job order costing. I learned how to journalize the overhead for all jobs. Thank you, Sir A!

[@ricajoyespigol7083]

This sample exercise made me better understand the concept and application of job order costing system. Thank you for this, Sir A!

[@jhoebrobertgrabillo7634]

In this video, we use the knowledge we gained from earlier sessions to solve problems in real-world scenarios. This video provided step-by-step instructions for resolving the current issue. I simply have to do in-depth assessments of each issue and decide how many computations to use in order to deliver the right answers. Without a doubt, reading comprehension and analysis are crucial! Thank you sir for this lecture!

[@jessireewines2553]

Done watching po! Rewatching it as a review for the upcoming exam. Thank you for the comprehensive discussion, Sir!

[@keyxelly]

With this video, I was able to learn more about job order costing. The example are much great help for me to understand this lesson. Thank you, Sir A

[@cindymaeapelo4673]

This lecture taught me how to apply the concepts tackled in the previous videos. It gave me better understanding of the job costing system and its computations. Thank you, sir A!

[@templonuevoangelica3383]

Done watching sir! I have learned how to compute job order costing system. Job order costing is a costing method which is used to determine the cost of manufacturing each product. Thank you sir.

[@eryka_]

The exercise problem provided helped me to apply the learnings I got from the previous lecture videos. I got an in-depth understanding about job order costing. Thank you, Sir A!

[@jeanesserosellemacale8677]

The illustration on this video, definitely allow me to use the understanding that I have from the previous videos regarding this topic. The only thing I need to work on on this topic is a proper analizations in every problem, and determine the right amount to use in a certain computations to come up with the right answers. Indeed, reading comprehension and analysis is a must! Thank you sir a.

[@pabooishtrawberry]

I was able to use the information I learned from watching the previous video lectures to solve the problem. I was also able to apply the job costing order formula, and it was very important to remember that the budgeted factory overhead should be divided by the budgeted capacity when determining the predetermined overhead rate. Thank you so much, Sir!

[@NicoleMaeMJunio]

This video is very helpful in obtaining a thorough understanding of job order costing. Thank you, Sir A!

[@nikhelt.dagdag1725]

After watching this video, I was better able to understand the job order costing method. The solutions are straightforward, but if you don't comprehend what the problem is looking for, answering it becomes challenging. Additionally, the solution was already clear after dealing with predetermined overhead rates multiple times where the predetermined overhead rate is derived by dividing budgeted factory overhead by budgeted capacity. Thank you for this lecture, Sir A!

[@vinluanjoygenesism.6058]

This video lecture helped me understand more Job Order Costing by applying what I learned from the previous video lecture you let us watch. I appreciate the illustration and explanation you provide for us, Sir A.

[@rodguilas9542]

I gained knowledge on how to use the knowledge from the earlier lecture videos. That improved my comprehension of the job costing system. Thanks Sir A!

[@jenzelanncoronado5463]

Done watching, Sir! Thank you po for providing another example para mas maintindihan po mga concept for this topic!

[@rochellerodriguez6039]

After watching this video lecture, I was able to further understand the concept of Job order costing that I learned from the previous video lecture and in order to fully grasp the lesson I will be needing to practice more on different problem exercises. Thank you for the short problem that you have provided for us, sir A!

[@airishandante7669]

This video lecture widens my knowledge about Job Order Costing. The short problem given helped me apply my knowledge from previous lectures. Thank you for this video lecture, Sir.

[@triciamaepalazo2661]

I appreciate you providing this sample exercise, sir. To better understand job order costing, watch this video. As well as using what we discovered from the earlier conversations to solve problems like this one.

[@rhaynmaeerezo941]

Thank you for this sample problem, Sir. It really helps me on how to apply those past discussions that I have watched. So much appreciated po!

[@bambycabauatan7799]

The problem evidently utilized what have been discussed from the former video lectures. Thank you very much for this Sir. A. It takes me a long time to solve problems, so I had to pause the video for a long time, and I clearly need more practice. The concise explanation was really easy to follow and highly understandable. Thank you again Sir. A!

[@angelineguimba8675]

Done watching Sir! Through this video lecture, I learned the application of our previous lecture which is the job costing system. I also realized that it is important to get the predetermined overhead rate first because when computing for the overhead applications, it is frequently used. I also learned how to solve problems relating in this topic. Thank you, Sir A!

[@hersheyjosedelacruz7797]

This video lecture is still related to the previous lectures which gave me an introduction about the concept of Product Costing System and one of its main type, the Job Order Costing System. This lecture helps me to better understand the process of computing under this costing system. I was able to apply and practice my knowledge from the previous illustrations and concepts presentend on the previous lectures. I still have to re-watch this video to practice and better grasp the lesson. Thank you po, Sir!

[@ivygellinejimenez1010]

I can absolutely apply the knowledge I have about this issue from the other videos thanks to the depiction in this video. In order to provide the correct solutions, I merely need to conduct thorough analyses of each problem and choose the appropriate number of computations to apply. Reading comprehension and analysis are undoubtedly essential! Thank you po, sir A!

[@halleysuing7599]

Sample problems are really advantageous because these examples help me understand the previous lessons more. Although it was just a short lecture video about a sample problem, it really helped me apply the lessons that were discussed.

[@kensheereiramirez8750]

I really appreciate this problem because it really helps in my comprehension of how the computations in this lesson work. Thank you, Sir A!

[@patriciadecastro5982]

In this video, I was able to apply what I have learned from the previous discussions and this helps me to understand the previous topics. In particular, this video lecture explained the step-by-step process/computation under job order costing, and I was able to absorb this discussion since it was well-explained, but still I need to practice more and watch this again for me to be familiar enough. Thank you, Sir A!

[@drewcoronacion3053]

The illustrative problem helped me better understand the concepts I previously learned. I now somehow know how to apply the computations discussed in the preceding video lectures. Thank you, sir A!

[@maryperzlentereso2088]

This lecture video helped me to better understand job order costing by applying its concepts into actual problems. I am able to have a clearer comprehension in terms of what should be the information to be included in the computation and journal entry depending on what is being required in the question. Thank you for another informative lecture video, Sir A!

[@justinearolgamboa853]

practicing exercises/problems really are helpful for understanding also of this topic and the way you delivered it is informative and I appreciated it so much. Thank you for letting us learn the topics this way sir.

[@acunaterencelordy3189]

Good Day, Sir A! A short video lecture but full of well-explained solving, journal entries, and on how to be careful in computing such given amounts. Thank you po!

[@olayvarjanella]

From this lesson, I learned how to put the information covered in the previous lecture videos into practice. It helped me understand the job costing system better. Thank you, Sir A!

[@janellavargas1355]

In this video lecture, I was able to test my knowledge about job order costing by trying to answer the problem discussed and presented. The discussion helped me learn more ways in computing for problems like this. Thank you, sir!

[@nicolemendizabal1844]

I have reflected that I really need ro fully understand how the formula works on different situations. Thank you for another illustration sir!

[@claricemontallana806]

Done watching this last November, sir. I forgot to leave a comment. Thank you po for this informative video lecture!!!

[@venturarosemariemae1901]

Thank you, Sir A, for the concise and clear video. I was able to apply my knowledge on our prior video lectures. From this specific problem, I learned that in computing for the predetermined overhead rate it is based on budgeted FOH divided by budgeted capacity. God bless po!

[@leaalmodal7862]

In this video lecturer learning and understanding the theories is critical in this video lecturer, but applying them to sample problems is far more beneficial because it allows me to determine how well I know the theories covered in previous videos. I appreciate you sharing this video lecturer, Sir A!!!

[@rirideeexxx4921]

Through this video lesson and sample illustration I gained more knowledge in job order costing system in computation and applying it to journal entry. Thanks Sir A!

[@allyannafael.agbayani829]

This video helped me apply what we have learned about the past discussions about job order costing. By using the excel it helps me understand more about what we are solving. Thank you, sir A!

[@reizzyalainavios9750]

I can understand the concept of job order costing better than I had before seeing the video lecture, but I still need to practice more on various problem-solving tasks if I want to fully comprehend the lesson. Thank you, Sir A.

[@ma.antonettegarcia7404]

Thank you po sir for this short problem video lecture. I realized that in this type of problem solving, we are now looking and considering the costs of a specific job. Also, our knowledge from previous lessons is immensely helpful because we can apply it to this problem solving.

[@jamorajessica625]

Through this video lecture, I was able to apply the concepts in the previous discussion . Job order costing discussion becomes clearer with the help of the given example. Thank you for this illustrative problem, Sir.

[@alyzzamernsobinsky9]

I've learned the following items from watching this video lesson: 1. One way to compute for OH rate is by division of budgeted overhead and budgeted capacity. 2. Watch out for the application of overhead and keep in mind that total labor cost is divided per jobs. 3. T-account is very helpful in getting the overall picture of the costs in a particular job

[@abegielkayeacademia721]

I appreciate the sample exercises, Sir A! It helped me apply what I learned from your previous lessons to example problems. Thanks, Sir A!

[@jessaherrera762]

This video helps to understand more about job order costing. I gained knowledge of job order costing topics. Thanks, sir!

[@salvacionangelamayl.8347]

Thank You Sir A❤️ Done Watching!! (Nakakasunod po ako sa sample problem Kasi napakasmooth nyopo magexplain thank you for that)

[@grezeljoydeniseaglibot4877]

Finished watching this video po last November and before taking our midterms po. I forgot to leave a thank you message po for this video. Thank you po sir for this video lecture!💚

[@minorallianhana66]

Good day, Sir A, I just wanted to let you know how much I appreciate the illustration that you provided for this video presentation. The information that I had gained from watching the preceding video lectures enabled me to solve the problem that was presented. As long as I understand the questions being posed in the context and correctly identify the proper numbers, I should be able to respond correctly, hopefully also in exercises or tests, and is not as tough as I had anticipated. Thank you so much, Sir A! BSA 2-8

[@cristinemaearcenio3683]

Thank you for this well explained exercise, Sir A! This video lecture allowed me to gain a deeper understanding in Job order costing.

[@milcahmarquez9639]

I was able to use the knowledge I gained from the Job Order Costing Illustrations in this video. Although I'm still having a difficulty in answering the given problem, I appreciate you providing us with this opportunity to learn, sir.

[@aurorapaulabade350]

Through the help of this video, I can definitely apply the knowledge I have about this topic from the other videos. I just need to thoroughly analyze each issue and determine the right number of computations to use in order to deliver the right answers. Thank you, Sir A!

[@vipinosajoan793]

Done watching this job order costing example problem. I clearly understand each question and the solution or answer. I was able to follow the computation easily and it wasn't that difficult to understand the problem since it was explained well as to the solutions. Hank you, sir.

[@yvessese1703]

Through the problem discussed in this video, I was able to understand the job order costing more. I still struggle on some parts so I need to practice more. Thank you, sir.

[@luigiepetalio2808]

In this video lecture, the provided short problem helped me in practicing problem solving utilizing job order costing and also demonstrates how to correctly allocate expenditures using job order costing. Thank you as always sir.

[@juliannamaefernandez9903]

Video lectures really do help us a lot but so as answering problems like this. It is very practical to solve or answer sample problems so that we can assess our understanding about the previous lessons, in this case, video lectures. Salamat po.

[@pmdmashup698]

Done watching, Sir A. The job order costing is a special type of process costing system. Under this system, jobs are given costs based on how many hours of direct labor are needed to make them. During the process of making something, costs are added up for each job. The problem with job order costing is that it can get very expensive because it uses a more complicated system to assign product costs and usually needs more detailed information for each job. I found out that the predetermined overhead rate is just the budgeted fixed overhead divided by the budgeted capacity. thankyou sir A.❤

[@jiewellmariemiranda9229]

By watching this illustration, it helps me to incorporate the theories discussed in the previous videos. The journal entries illustration also helps. Thank you po Sir A!

[@vanessamaemadronero9305]

I was able to appreciate the job order costing system more after answering the problem in this video. I learned that the predetermined overhead rate is calculated by simply dividing the budgeted fixed overhead by the budgeted capacity. Also, I realized that the solutions are quite easy, but what makes answering tricky is when one doesn't comprehend what the item is asking. Analysis must go with comprehension. Thank you for the video lecture, sir!

[@reginepatena1012]

I've finished watching this video course, sir. After figuring out the problem and trying to solve , I was better able to understand the job order costing approach. thank you sir for the illustration it practices my understanding to this lesson.

[@pinedareneekyrstel7259]

This lecture video helped me a lot to understand clearly the job order costing by applying what I have learned in the previous lecture discussions. Thank you so much for this lecture video, Sir A!

[@mariavirginiaviray9867]

I appreciate you providing the illustration for this video presentation, Sir. I was able to apply the information I had learned from the earlier video lectures to the given problem. It wasn't as difficult as I had imagined; as long as I comprehend the questions being posed in the context and correctly determine the necessary numbers, I'll be able to respond correctly. The solution to question letter a was also simple because of how frequently I encountered the predetermined overhead rates.

[@emmadelossantos9909]

In this video lecture, it demonstrated problem-solving techniques using the concepts previously discussed. The step-by-step approach provides a clear guide to solving similar problems. While it may be challenging for some, with effort and dedication, it is possible to grasp the concepts and improve problem-solving skills by evaluating each problem and applying the appropriate computations. Thank you so much sir!

[@jeanroserazon7485]

Done watching po, mas naintindihan po yung topic because of this example po. Thank you po Sir A!🤍

[@adrianmendoza7813]

I remember answering Job Order Costing problems during our synchronous class. This video is a huge help in better understanding the topic. These types of exercises can help some students like me to still adapt even though we have a hard time learning in video lectures set up. The application and illustrations are huge help for me and it serves as a review material for the upcoming exams. Thank you Sir A!

[@angelineremanes5674]

Although I understood the concept of the job order costing system, this video lecture helped me even more through computation. Similar to what was discussed in previous lectures, the predetermined rate is computed by budgeted manufacturing overhead divided by estimated amount or quantity. Thank you for this short exercise, Sir A!

[@jgalvez_]

Thank you so much for the additional example for the job order costing, Sir A. The problem is short, and the given is precise, that is why I was able to easily understand the way the computations are done, compared to the previous illustration, which has a lot of given amounts and situations on the problem.