MngAcc / Topic 4 / ALTERNATIVE COSTING METHODS November 14, 2017ByVera Petrovna 0Management Accounting Content 4.1. Absorption Costing 4.2. Variable Costing Continue Reading
MngAcc / Topic 7 / Cost allocation II November 7, 2017ByVera Petrovna 0Management Accounting Content 7.1. Common cost allocation 7.2. Joint-cost situations Continue Reading
MngAcc / Topic 6/ COST ALLOCATION I November 3, 2017ByVera Petrovna 0Management Accounting Content 6.1. Allocating costs from one department to another 6.2. Allocating costs from support departments 6.3. Implications for the accounting information system Continue Reading
MngAcc /Topic 5/ COSTING OF PRODUCTS AND SERVICES October 10, 2017ByVera Petrovna 0Management Accounting Content 5.1. Average costs vs. individualized costs 5.2. Job costing systems 5.3. Indirect cost pools and cost allocation 5.4. Cost accumulation; actual costs and budgeted costs 5.5. Activity Based Costing (ABC) 5.6. Process costing systems; equivalent units 5.7. Hybrid costing systems 5.8. Implications for the accounting information system Continue Reading
MngAcc /Topic 2 / COSTS: CONCEPTS, TERMINOLOGY AND CLASSIFICATIONS September 27, 2017ByVera Petrovna 0Management Accounting Topic Content 2.1. The concept of cost in accounting and economics 2.2 Different costs for different purposes 2.2. Difference between costs and expenses 2.3. Implications for the accounting information system 2.4. Costs in service, merchandising and manufacturing companies Continue Reading