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Decks in this class (13)

Chapter 1: Managerial Accounting
What is managerial accounting 1,
What are the distinguishing featu...,
What are the three broad function...
41  cards
Chapter 2: Managerial Cost Concepts and Cost Behaviour Analysis
Define the three classes of manuf...,
Differentiate between product cos...,
What are direct materials 3
52  cards
Chapter 3: Job Order Cost Accounting
What is the purpose of cost accou...,
What are the two basic types of c...,
How does a job order cost system ...
70  cards
Chapter 4: Process Cost Accounting
Who typically uses process cost s...,
What is the main similarity betwe...,
How does the flow of costs differ...
36  cards
Chapter 5: Activity-based Costing
What is the main difference betwe...,
Why might traditional costing not...,
What is a predetermined overhead ...
60  cards
Chapter 6: Cost-Volume-Profit
What is the purpose of preparing ...,
What are the basic components of ...,
What are the underlying assumptio...
37  cards
Sheet Formats
Cost of goods manufactured schedu...,
Income statement partial 2,
Balance sheet manufacturing inven...
4  cards
Formulas to remember
Calculate raw materials used 1,
Calculate the total manufacturing...,
Calculate the cost of goods manuf...
5  cards
Chapter 7: Incremental analysis
What are the four general steps i...,
What is incremental analysis and ...,
What are relevant costs and why a...
38  cards
Chapter 8: Alternative Inventory Costing Methods: A Decision-Making Perspective
What is the key difference betwee...,
How does the choice between absor...,
How do changes in production leve...
30  cards
Chapter 9: Pricing
What is the objective of target c...,
What factors influence the establ...,
What is the approach to profitabi...
49  cards
Chapter 10: Budgetary Planning
What is a budget 1,
What are two primary purposes of ...,
List three benefits of budgeting 3
52  cards
Chapter 11 and 12
What is the primary purpose of bu...,
How are budget reports used in th...,
What is a key belief underlying t...
95  cards

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COMM 305 (2)

  • Class purpose General learning

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