The Business Professor
Fixed Overhead Analysis
Overhead is a major component of any budget. Overhead may be fixed or variable. A fixed overhead analysis seeks to identify what portions of the overhead is affected by operations.
The Business Professor
Product Costing - Impact of Work-in-Progress Inventories
Work in progress inventory moves from the balance sheet to the income statement. It impacts product costing as a Cost of Good Sold.
The Business Professor
Allocating Costs by Department
Cost allocation is the process of assigning costs within the organization to cost objects. The purpose is to determine efficiency, effectiveness, and profitability.
Curated Video
Complete Modern C++ - Inline Functions
This video explains how to increase performance of your code by making your functions inline. This clip is from the chapter "Basic Language Facilities" of the series "Complete Modern C++".In this section, we will see basic functions,...
The Business Professor
Job Order Costing
Job Order Costing is the allocation of costs to specific jobs. This can include actual costs or normal costs (projected costs) based upon an allocation rate.
The Business Professor
Variable Overhead Analysis
This video provides an overview of variable overhead analysis, its importance in decision making and budgeting, and the metrics used to measure and analyze these costs.
The Business Professor
Limitations of Functional-Based Cost Accounting System
This video discusses the primary limitations of a functional-based cost accounting system. It emphasizes the limitations of a functional-based cost accounting system in accurately determining product costs and the challenges it presents...
The Business Professor
Absorption and Variable Costing - Inventory
Absorption costing and variable costing are two methods of accounting for use of inventory or costs of goods sold in an organization
The Business Professor
Activity-Based Product Costing
Activity based product costing is the use of activity costing to assign costs to the particular product being produced
The Business Professor
Understanding Activity Based Costing and its Relation to Cost of Quality Management
This video provides an overview of activity-based costing and its application to cost of quality management, highlighting the challenges and potential solutions in allocating costs to specific activities.
The Business Professor
Break Even - Units vs Dollar Value of Sales
The break even point for an organization can be calculated as either the total number of units sold or the total value of units sold.
Curated Video
World of Computer Networking Your CCNA start - Transmission Control Protocol (TCP) versus User Datagram Protocol (UDP)
This video highlights the difference between TCP and UDP. This clip is from the chapter "Transport Layers: Transmission Control Protocol (TCP) and User Datagram Protocol (UDP)" of the series "World of Computer Networking: Your CCNA...
Curated Video
Elasticsearch 7 and Elastic Stack - In Depth and Hands On! - Choosing the Right Number of Shards
This video explains how to select the right number of shards. This clip is from the chapter "Elasticsearch Operations" of the series "Elasticsearch 7 and Elastic Stack - In Depth and Hands On".This section explains the concept of...
Curated Video
World of Computer Networking Your CCNA start - Encapsulation and Decapsulation
This video focuses on encapsulation and decapsulation. This clip is from the chapter "Bits and Bytes" of the series "World of Computer Networking: Your CCNA start".This section provides an introduction to bits and bytes in Transmission...
The Business Professor
Understanding Normal Costing and its Relationship to Overhead Allocation
In this video, the concept of normal costing is explained as a means of allocating costs to a product, specifically focusing on overhead costs. The speaker discusses how a derived overhead rate is determined based on the driver of an...
The Business Professor
ABC Hierarchy - Limitations
Activity based costing or the ABC Hierarchy as part of the ABC method has numerous limitations.
Curated Video
Snowflake - Build and Architect Data Pipelines Using AWS - What Is Pushdown in Spark 3.1?
This video explains about Pushdown in Spark 3.1. This clip is from the chapter "Snowflake with Python, Spark, and Airflow on AWS" of the series "Snowflake - Build and Architect Data Pipelines Using AWS".This section focuses on Snowflake...
IDG TECHtalk
Using multiprocessing to speed up Python programs
The Numba library for Python makes numerical code faster by way of a just-in-time compiler, as an alternative (or complement) to NumPy and Cython. Often all you need to make existing code faster is a single line of code, with Numba's...
The Business Professor
Product Cost Components
The components of product cost include direct and indirect costs, including materials, labor, overhead, and consumption.
Neuro Transmissions
What Are Overhead Payments?
The administration has proposed a cut of nearly $6 billion to the NIH budget in 2018. They say that no research will be directly affected because the NIH budget will trim inefficient, "wasteful" overhead payments. But what are those...
Bill Carmody
Conversion Process in Manufacturing
In this video, Bill Carmody explains the conversion process in manufacturing, highlighting the transformation of raw materials into finished goods or services. He emphasizes the importance of not only the physical resources like rubber,...
Bloomberg
Loews CEO Tisch Sees Oil Back at $75 in Two Years
Dec.10 -- Jim Tisch, president and chief executive officer at Loews, examines the oil market for producers and why he sees prices rising in the next two years. He speaks on "Bloomberg Daybreak: Americas."