About this Course
Course Description
This QAD Work Order Costing course offers detailed instruction on how work orders are costed during work in process and when they are closed. Details are provided regarding material, labor, burden, overhead, and subcontract costs; how they are computed; when they are calculated; and how they are reported.
This guide can be taught individually or as a part of the Product Costing and Cost Management course set, which consists of an introductory class, a class covering general setup topics, and a set of classes on specialized costing topics. Most students will benefit from taking the first two classes and then selecting the additional courses that apply to their business implementation. The complete list of classes is:
• Introduction to Product Costing
• Product Costing
• Advanced Repetitive Costing
• Average Costing
• Co/By-Product Costing
• Cost Management, including Simulation and Planning
• Purchase Costing
• Work Order Costing
Course Objectives
Provides the details necessary to track and explain costs and variances in a work order environment. Includes details on subcontract manufacturing in a work order environment.
Course Benefits
Provides the opportunity for personnel responsible for developing costs and explaining variances in a work order environment to understand how the system works.
Audience
Finance and operations personnel who develop product costs and explain variances in a work order environment.
Prerequisites
• Training Guide: Introduction to Costing
• Training Guide: Product Costing
• Familiarity with the .NetUI
Course Credit and Scheduling
This course is valid for 6 credit hours. This course is typically taught in 1 day.
Virtual Environment Information
The hands-on exercises in this book should be used with the latest Enterprise Edition learning environment in the 10USA > 10USACO workspace. When prompted to log in, specify demo for user ID and qad for password.