Identify the features of managerial accounting and the
functions of management.
Describe the classes of manufacturing costs and the
differences between product and period costs.
Demonstrate how to comp
Explain variable, fixed, and mixed costs and the relevant range.
Apply the high-low method to determine the components of
Prepare a CVP income statement to determine contribution
Discuss the difference between traditional costing and
Apply activity-based costing to a manufacturer.
Explain the benefits and limitations of activity-based
A plan for achieving organizational goals
A clear statement of purpose
The reason for existence of an organization
The actions taken to accomplish strat
Job Order Costing
Describe cost systems and the flow of costs in a job order
Use a job cost sheet to assign costs to work in process.
Demonstrate how to determine and use the predetermined
216-370 (online), Spring 2015
Lecture 1 :
What Is A Supply Chain?
The system of suppliers, manufacturers,
transportation, distributors, and vendors that
exists to transform raw materials to final
products and supply those products to
Homework 1 (page 60-66)
1. What is Seven-Eleven Japans competitive strategy? P19
a. (7-11 in US) With the goal of introducing fresh products.
b. To provide high-availability of a variety of reasonable quality
products at reasonable price. (7-11 offered it