Document Type
Article
Publication Date
2016
Abstract
This paper describes a classroom Activity Based Costing simulation called Rodeo in the Classroom. This simulation has been used in several introductory managerial accounting and cost accounting courses in order to help students understand the difference in the application of overhead between Job Order Costing and Activity Based Costing methods. Each student is assigned their own rodeo simulation and must calculate its cost using specific cost drivers. To verify their calculations, students with the same rodeos are grouped together to compare costs. Final rodeo costs are presented to the class where differences in cost allocations and reasons for these differences are discussed.
Repository Citation
Shoemaker, Nikki and Kelly, Marie, "Rodeo in the Classroom: Activity Based Costing Simulation" (2016). Faculty Publications. 38.
https://scholarworks.sfasu.edu/accounting_facultypubs/38
Included in
Accounting Commons, Educational Methods Commons, Finance and Financial Management Commons
Tell us how this article helped you.
Comments
Shoemaker, N., & Kelly, M. (2019). Rodeo in the Classroom: Activity Based Costing Simulation. Journal of Accounting and Finance, 16(5).