LAST Week at Semco

During the last week, there are two main topics that I was trying to understand, expense and revenue. By doing all those excel projects, I gradually learned how the company set the standard cost for each material and how the standard cost differ from the actual cost. Moreover, I have learned all the formulas that they use to get data such as overhead cost.

Micheal took me for a factory tour at the end of the week. He showed me all the new machines and the working routine of the factory laborers.

Overall, these weeks have been just amazing.

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