Page 39 - P1 Integrated Workbook STUDENT 2018
P. 39

Chapter 3






                  Other elements of cost accounting

                  systems








                          Outcome




               By the end of this session you should be able to:

                    allocate joint costs to final products


                    apply throughput accounting in profit reporting and inventory valuation

                    explain environmental costing

                    explain the impact of Total Quality Management (TQM) on the accounting
                     system

                    explain the impact of Just In Time (JIT) on the accounting system

               and answer questions relating to these areas.
















                 The underpinning detail for this Chapter in your Integrated Workbook can
                 be found in Chapter 3 and 4 of your Study Text




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