1. Discuss the role information about costs plays in the management cycle and explain why product unit cost is important.
2. Distinguish between the different types of product costing systems and identify the information each provides.
3. Explain the cost flow in a job order costing system for a manufacturing company.
4. Prepare a job order cost card and compute a job order’s product unit cost.
5. Explain the product flow and the cost flow in a process costing system.
6. Prepare a process cost report.
7. Evaluate operating performance using information about product cost.