MGMT+30B+CH+5+NOTES

MGMT+30B+CH+5+NOTES - MGMT 30B CHAPTER 5 CHAPTER 1...

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Unformatted text preview: MGMT 30B CHAPTER 5 CHAPTER 1 MANAGERIAL ACCOUNTING BUSINESS ENVIRONMENT NEED FOR MANAGERIAL ACCOUNTING DIFFERS FROM FINANCIAL ACCOUNTING BASIC CONCEPTS CONSTRAINTS ETHICS PLANNING / DIRECTING & MOTIVATING / CONTROLLING PLANNING ESTABLISH BASIC STRATEGY SET COURSE OF SCTION SPECIFY HOW ACTION WILL BE ACCOMPLISHED IDENTIFY ALTERNATIVES SELECT THE BEST ONE REVIEW: SALES VOLUME PROFIT MARGINS COSTS BUDGETING DIRECTING MOBILIZE PEOPLE CARRY OUT PLAN CONTROLLING ENSURE THAT THE PLAN IS COMPLETED CHAPTER 2 COST TERMS , CONCEPTS AND CLASSIFICATIONS MANUFACTURING COSTS DM DL O/H MFG OVERHEAD PDOHR PERIOD COSTS SELLING ADMIN PRIME COSTS CONVERSION COSTS COST OF GOODS MFG'D VARIABLE COSTS FIXED COSTS RELEVANT RANGE CHAPTER 3 JOB COST ACCOUNTING PDOHR ALLOCATION BASE DRIVER UNIT COSTS CHAPTER 4 PROCESS COSTING PROCESS DEPARTMENTS EQUIVALENT UNITS COST # WEIGHTED AVERAGE METHOD CHAPTER 5 COST BEHAVIOR - ANALYSIS AND USE COST BEHAVIOR REFERS TO HOW A COST WILL CHANGE AS THE ACTIVITY LEVEL CHANGES PREDICTING HOW COSTS WILL CHANGE UNDER VARIABLE...
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This note was uploaded on 01/17/2011 for the course MGMT 30B taught by Professor Tian during the Winter '08 term at UC Irvine.

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MGMT+30B+CH+5+NOTES - MGMT 30B CHAPTER 5 CHAPTER 1...

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