Final Exam ReviewSV

Final Exam ReviewSV - Final Exam Review Chapters 5, 9-13...

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Final Exam Review Chapters 5, 9-13
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Chapter 5 – Activity Based Costing Designing an ABC system 1. 2. Trace overhead costs to activities and cost objects 3. Assign costs to activity cost pools 4. Calculate activity rates 5. Assign costs to cost objects 6. Prepare management reports Difference between traditional and ABC product costs
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Chapter 9 - Budgeting Preparing the Master Budget: Sales Budget Production Budget Inventory Purchases Direct Materials Budget Direct Labour Budget Manufacturing Overhead Budget Ending Finished Goods Inventory Budget Selling and Administrative Expense Budget Cash Budget Budgeted Income Statement and Balance Sheet Flexible Budgets and Performance Reports
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Analysis Standard Costs Price and Quantity Variances (including J/E’s) Direct Materials Direct Labour
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This note was uploaded on 12/31/2011 for the course ACCT 441 taught by Professor Johnvermeer during the Spring '08 term at Humber.

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Final Exam ReviewSV - Final Exam Review Chapters 5, 9-13...

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