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Week 2 Skill Building Activity

Week 2 Skill Building Activity

Q Task 1: Read Chapter 2 and 3 and complete the exercises in your study guide to help you understand the material. Task 2: Using the attached Excel template, complete and upload PR 2-3A and answer the following question: • How does a job order cost sheet help managers make decisions? Create a new discussion topic by clicking the '**REPLY HERE**' post. In your reply, you will post your answers to the Skill Building Activity questions. Your response to the activity questions should be a minimum of 250 words. Going over the minimum word length requirement is acceptable; however, I am not looking for 1000+ words! It is suggested that you use MS Word or another word processing application that can check spelling/grammar and can show the word count. Because this is a skill building activity, it is important that you do your best to evaluate and assess the discussion without bias or judgment. You are expected to properly cite (https://gmcga.libguides.com/citationmanagement/APA7th) and incorporate scholarly/peer reviewed sources (http://gmcga.libguides.com/periodicals) in your skill building activity topic/posts. Be as thorough as possible when writing your activity topic/posts, and remember, this is an academic assignment, so no “text-talk,” no conversational tone, and ABOVE ALL OTHER THINGS… don't plagiarize!! Lastly, spell-check and proofread your work! Failure to follow these steps will negatively impact your grade. Remember that your first post is what will be graded - any subsequent posts do not receive credit. Unlike Discussion Forums, you are not required to make additional replies to peers in these Skill Building Activities. The Skill Building Activities will use the grading rubric listed in the Important Course Information Section.

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The job order cost sheet includes the direct material, direct labor and applied factory overhead costs. These costs are for a specific jobs. Job order costing also gives managers the advantage of being able to keep track of individuals' and teams' performance in terms of cost-control, efficiency and productivity. It also helps the managers to computer the per unit cost each for each job. It is computes as total costs incurred on the job divided by the number of units produced. Job order and process costing have unique advantages and disadvantages that make them best suited for specific situations.