Lean Accounting Fundamentals
In this course we're introduced to lean accounting and the problems of traditional cost accounting.
By the end of this module you?ll know why capacity measures and box scores are important and how to calculate capacity and use capacity measures in decision making.
Product Costs and Decisions
By the end of this module you?ll understand the advantages of using throughput to calculate conversion costs instead of using standard costs; we?ll explain how features and characteristic costing can help with pricing decisions, and we?ll show a better way to evaluate product mix, special orders, and make vs. buy decisions.