Student Reviews
                
                    
                            
    
    
    
    
                    
                    ( 4.8 Of 5 )
                
                10 reviews
             
         
        
        
            
                                    
                        
    M
    
        Moustafa Darwish
        
                
    
    
    
    
        
        30-05-2025
     
                      
                                    
                                    
                        
    A
    
        Abdelrhman Adnan
        
                
    
    
    
    
        
        14-11-2024
     
                      
                                    
                                    
                        
    M
    
        Muneer Hussein
        
                
    
    
    
    
        
        06-10-2024
     
                      
                                    
                        
    K
    
        Kholood Mohamed
        
                
    
    
    
    
        
        11-08-2024
     
                      
                             
         
     
          
        
            
                
                    Video of Basic Cost Concepts...with a touch of humor   Managerial Accounting in Costs Accounting course by Edspira channel, video No. 1 free certified online                
            
            
                This video covers basic cost concepts.with a touch of humor for managerial accounting.
Before discussing Managerial Accounting topics such as activity-based costing and the Balance Scorecard, it's important to have a strong foundation in the basic cost concepts. 
This includes understanding what a cost is, and knowing the distinction between direct and indirect costs. For manufacturers, this also includes knowing the difference between product and period costs. 
It is also critical to understand concepts such as opportunity cost and sunk costs. 
Also, here's the link to the master's degree program in Puppet Arts at the University of Connecticut: https://drama.uconn.edu/programs/puppet-arts/mamfa-puppetry/
This video is my first attempt to use humor in one of my educational videos, so I hope you enjoy it!— 
Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world.
— 
SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS: 
• A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING
• A 44-PAGE GUIDE TO U.S. TAXATION
• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS
• MANY MORE FREE PDF GUIDES AND SPREADSHEETS
 http://eepurl.com/dIaa5z
— 
SUPPORT EDSPIRA ON PATREON
https://www.patreon.com/prof_mclaughlin
— 
GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT 
 https://edspira.thinkific.com 
—
 LISTEN TO THE SCHEME PODCAST 
 Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725 
 Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc 
 Website: https://www.edspira.com/podcast-2/ 
— 
GET TAX TIPS ON TIKTOK 
 https://www.tiktok.com/@prof_mclaughlin
 — 
ACCESS INDEX OF VIDEOS 
 https://www.edspira.com/index 
— 
CONNECT WITH EDSPIRA 
 Facebook: https://www.facebook.com/Edspira 
 Instagram: https://www.instagram.com/edspiradotcom 
 LinkedIn: https://www.linkedin.com/company/edspira 
— 
CONNECT WITH MICHAEL 
 Twitter: https://www.twitter.com/Prof_McLaughlin 
 LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin 
— 
ABOUT EDSPIRA AND ITS CREATOR 
 https://www.edspira.com/about/
 https://michaelmclaughlin.com