Chapter 18 study guide

Chapter 18 study guide - What are the various names for...

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Study Guide Chapter 18 Definitions: controller factory overhead indirect materials direct materials prime cost conversion cost Characteristics of managerial accounting vs. characteristics of financial accounting Which phase of the management process is inherent to all the others? 3 categories of manufacturing cost 3 categories of manufacturing inventory Examples of direct materials, direct labor and overhead (LOTS of questions on this!!.)
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Unformatted text preview: What are the various names for overhead? What is a cost object and an example of one? What is the purpose of the Statement of Cost of Goods Manufactured? What types of inventory is included on the Cost of Goods Manufactured? Problems Calculate Cost of Goods Manufactured and an Income Statement (w/ Cost of Goods Sold). Similar to HW (lots of points!)...
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