Introduction to Cost Accounting

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In this Guided Project, you will:

Apply absorption costing to identify product cost

Apply activity-based costing (ABC) to identify product cost

Compare traditional and ABC costing methods

Clock2 hours/week
BeginnerBeginner
CloudNo download needed
VideoSplit-screen video
Comment DotsEnglish
LaptopDesktop only

By the end of the project, you will be able to use both absorption costing and activity-based costing to determine the cost of a product your company is making. This will allow you to determine the pricing of your product. This is directly relevant for management accountants, performance managers, marketers, and owners of a business. Note: This course works best for learners who are based in the North America region. We're currently working on providing the same experience in other regions.

Skills you will develop

AccountingManagement AccountingCost AccountingPerformance Management

Learn step-by-step

In a video that plays in a split-screen with your work area, your instructor will walk you through these steps:

  1. Cost Accounting Fundamentals

  2. Absorption costing methods

  3. Activity-based costing methods

  4. Traditional costing and ABC comparison

How Guided Projects work

Your workspace is a cloud desktop right in your browser, no download required

In a split-screen video, your instructor guides you step-by-step

Frequently asked questions

Frequently Asked Questions

More questions? Visit the Learner Help Center.