For this week, Michael who is the senior accountant of Semco taught me all the formulas that they use to create expense budgets. I did a fair amount of practice with the calculations of the standard cost, fixed cost, and etc. One of the issue that I encountered was that it was really hard to gather all the necessary information, since they exist separately and Semco keeps changing the information such as the Center Cost.
Another thing I accomplished on Tuesday was the excel work for the organization the data of a huge number of material consumption and cost. It took me three days.