Process costing infographics Mercury is the smallest planet in the Solar System Record of inventory Jupiter is the biggest planet of them all Conversion of work in process inventory Despite being red, Mars is actually a cold place Calculation of inventory costs Saturn is a gas giant and has several rings Calculation of per unit cost of inventory Venus is the second planet from the Sun Calculation of per unit cost of inventory
Process costing infographics 01 Venus Venus is the second planet from the Sun 03 Mars Despite being red, Mars is a cold place 05 Saturn It’s composed of hydrogen and helium 02 Jupiter Jupiter is the biggest planet of them all 04 Mercury Mercury is the closest planet to the Sun
Simple method Jupiter is the biggest planet Suitability Earth is where we all live Control Neptune is far away from Earth Standardization Venus has a beautiful name Ease to use Mars is actually a very cold place Flexibility Mercury is the smallest planet Process costing infographics Process costing advantages
Process costing infographics Types of process costing Weighted average costs Standard costs First-in first-out costing Mercury is the closest planet to the Sun and the smallest one Ceres is located in the main asteroid belt Despite being red, Mars is actually a cold place Jupiter is a gas giant and the biggest planet in the Solar System Saturn is a gas giant and has several rings Neptune is the farthest planet from the Sun Venus has a beautiful name and is the second planet from the Sun Pluto is now considered a dwarf planet. It’s very small The Sun is the star at the center of the Solar System
Process costing infographics Cost flow in process costing Direct materials Direct labor Manufacturing overhead applied WIP inventory departament A WIP inventory departament B WIP inventory departament C Finished goods inventory Cost of goods sold Mercury is the closest planet to the Sun and the smallest one Venus has a nice name and is the second planet from the Sun
Process costing infographics Venus Venus is the second planet from the Sun Jupiter It’s the biggest planet in the Solar System Mars Despite being red, Mars is a cold place Saturn Saturn is a gas giant and has several rings Mercury It’s the closest planet to the Sun Neptune It’s the farthest planet from the Sun Pluto Pluto is considered a dwarf planet Ceres Ceres is located in the main asteroid belt Process costing infographic
Process costing infographics 01 Venus is the second planet from the Sun Analyze inventory 02 Jupiter is the biggest planet of them all Calculate equivalent units 03 Despite being red, Mars is actually a cold place Calculate applicable costs 04 Saturn is a gas giant and has several rings Calculate cost per unit 05 Mercury is the smallest planet of them all Allocate costs to products
Process costing infographics Venus Venus is the second planet from the Sun Jupiter It’s the biggest planet in the Solar System Mars Despite being red, Mars is a cold place Saturn Saturn is a gas giant and has several rings Earth Earth is the third planet from the Sun Neptune It’s the farthest planet from the Sun Pluto Pluto is now considered a dwarf planet Ceres Ceres is located in the main asteroid belt
Process costing infographics Venus is the second planet from the Sun Jupiter is the biggest planet of them all Despite being red, Mars is a cold place Saturn is a gas giant and has several rings Neptune is the farthest planet from the Sun P hase 01 Phase 02 Earth is the third planet from the Sun Ceres is located in the main asteroid belt The Sun is the star at the center of our System The Moon is Earth’s only natural satellite Uranus is the seventh planet from the Sun Phase 03 Saturn is composed of hydrogen and helium Earth is the only planet that harbors life Mercury is the smallest planet of them all Mercury is the closest planet to the Sun Mars is a planet full of iron oxide dust
Process costing infographics 01 Mercury Mercury is the closest planet to the Sun 03 Mars Mars is actually a very cold place 05 Saturn It’s composed of hydrogen and helium 06 Neptune It’s the farthest planet from the Sun 04 Jupiter Jupiter is the biggest planet of them all 02 Venus Venus is the second planet from the Sun
Process costing infographics Mercury 40% Venus 60 % Mars 80 % Jupiter 100 % Mercury It’s the closest planet to the Sun and the smallest one of them all Venus Venus has a beautiful name and is the second planet from the Sun Mars Despite being red, Mars is actually a cold place. It’s full of iron oxide dust Jupiter Jupiter is a gas giant and the biggest planet in the Solar System
Process costing infographics 01 02 03 04 Mars Mars is actually a very cold place Jupiter Jupiter is the biggest planet of them all Mercury Mercury is the closest planet to the Sun Saturn It’s composed of hydrogen and helium
Process costing infographics Venus Venus is the second planet from the Sun Jupiter It’s the biggest planet in the Solar System Mars Despite being red, Mars is a cold place Saturn Saturn is a gas giant and has several rings Neptune Neptune is the farthest planet from the Sun 02 04 05 03 01 06 The Moon The Moon is Earth’s only natural satellite
Process costing infographics Mercury Mercury is the closest planet to the Sun Mars Mars is actually a very cold place Venus Venus is the second planet from the Sun Jupiter Jupiter is the biggest planet of them all Saturn It’s composed of hydrogen and helium Neptune It’s the farthest planet from the Sun 25 50 75 100 25% 4 5 % 60 % 7 5% 8 5% 9 5%
Process costing infographics 20% 4 0% 6 0% 8 0% Venus Venus is the second planet from the Sun Jupiter It’s the biggest planet in the Solar System Mars Despite being red, Mars is a cold place Saturn Saturn is a gas giant and has several rings
Process costing infographic Process costing infographics Venus Venus is the second planet from the Sun Mars Despite being red, Mars is a cold place Jupiter It’s the biggest planet in the Solar System Saturn Saturn is a gas giant and has several rings
Process costing infographics Process 01 Current-term consumption Beginning work in process Ending work in process Finished goods costs Finished goods quantity Cost per unit Process 02 Current-term consumption Beginning work in process Ending work in process Finished goods costs Finished goods quantity Cost per unit Process 03 Current-term consumption Beginning work in process Ending work in process Finished goods costs Finished goods quantity Cost per unit
Process costing infographics 05 04 03 02 01 Raw material Venus has a beautiful name Process 01 Jupiter is the biggest planet Process 02 Mars is actually a very cold place Process 03 Mercury is the smallest planet Finished goods
Process costing infographics Mercury It’s the closest planet to the Sun 01 02 Venus Venus is the second planet from the Sun 03 Mars Mars is actually a very cold place 06 Neptune It’s the farthest planet from the Sun 05 Saturn It’s composed of hydrogen and helium 04 Jupiter Jupiter is the biggest planet of them all
Process costing infographics Jupiter It’s the biggest planet in the Solar System Saturn Saturn is a gas giant and has several rings Venus Venus is the second planet from the Sun Mars Despite being red, Mars is a cold place Neptune It’s the farthest planet from the Sun
Process costing infographics It’s the closest planet to the Sun and the smallest one in the Solar System Mercury 01 Venus has a beautiful name and is the second planet from the Sun Venus 02 Despite being red, Mars is actually a cold place. It’s full of iron oxide dust Mars 03 Neptune is the farthest planet from the Sun. It’s really cold there Neptune 04
Process costing infographics Neptune It’s the farthest planet from the Sun Saturn It’s composed of hydrogen and helium Jupiter Jupiter is the biggest planet of them all Mercury It’s the closest planet to the Sun Venus Venus is the second planet from the Sun Mars Mars is actually a very cold place
Process costing infographics 01 Mercury Mercury is the closest planet to the Sun and the smallest one 02 Venus Venus is the second planet from the Sun. It’s hot there 03 Mars Despite being red, Mars is actually a very cold place 04 Jupiter Jupiter is a gas giant and the biggest planet in the Solar System 05 Saturn Saturn is composed mostly of hydrogen and helium 06 Neptune Neptune is the farthest planet from the Sun. It’s really cold there
Process costing infographics Weighted average costs Jupiter is the biggest planet of them all Despite being red, Mars is a cold place Saturn is a gas giant and has several rings 01 Standard costs Neptune is the farthest planet from the Sun Earth is the third planet from the Sun Ceres is located in the main asteroid belt 02 First-in first-out costing Pluto is now considered a dwarf planet Mercury is the closest planet to the Sun The Sun is the star at the center of our System 03
Process costing infographics Venus Venus is the second planet from the Sun Jupiter Jupiter is the biggest planet in the Solar System Mars Despite being red, Mars is actually a cold place Saturn Saturn is a gas giant and has several rings Neptune Neptune is the farthest planet from the Sun
Process costing infographics Venus Venus is the second planet from the Sun Jupiter It’s the biggest planet in the Solar System Mars Despite being red, Mars is a cold place Saturn Saturn is a gas giant and has several rings Neptune It’s the farthest planet from the Sun
Process costing infographics Mercury It’s the closest planet to the Sun and the smallest one of them all 2020 01 Venus Venus has a beautiful name and is the second planet from the Sun 2025 02 Mars Despite being red, Mars is actually a cold place. It’s full of iron oxide dust 2030 03 Jupiter Jupiter is a gas giant and the biggest planet in the Solar System 2025 04
Process costing infographics 01 02 2021 Venus Venus is the second planet from the Sun 2022 Jupiter It’s the biggest planet in the Solar System 03 2023 Mars Despite being red, Mars is a cold place 04 2024 Saturn Saturn is a gas giant and has several rings 05 2025 Neptune It’s the farthest planet from the Sun 06 2026 Mercury Mercury is the closest planet to the Sun
Process costing Process costing infographics Mercury It’s the closest planet to the Sun Venus Venus has a beautiful name Mars Mars is actually a very cold place Jupiter Jupiter is the biggest planet Neptune Neptune is far away from Earth Ceres It’s located in the main asteroid belt Pluto It’s considered a dwarf planet Earth Earth is where we all live
Process costing infographics Step 01 Step 02 Step 03 Step 04 Step 05 Step 06 Mercury is the smallest planet of them all Venus is the second planet from the Sun Ceres is located in the main asteroid belt The Sun is the star at the center of our System Saturn is a gas giant and has several rings Jupiter is the biggest planet of them all Neptune is the farthest planet from the Sun Saturn is a gas giant and has several rings Pluto is considered a dwarf planet Earth is the beautiful planet where we all live Venus is a planet with a very beautiful name Mercury is the smallest planet of them all Despite being red, Mars is a cold place Jupiter is the biggest planet of them all The Moon is Earth’s only natural satellite Uranus is the seventh planet from the Sun Mercury is the closest planet to the Sun Venus is the second planet from the Sun
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