= Sales
- Variable costs
- Fixed costs
Actual Operating Income
FB Operating Income
Actual selling price x Actual quantity sold
Actual variable cost x Actual quantity sold
Actual fixed cost
Standard selling price x Actual quantity sold
Standard variable co
AC2105 Accounting for Decision Making and Control
Semester 2, 2015/2016
Seminar Questions
Week 6
Seminar A: Standard costing and costs variance analysis for direct manufacturing costs
Self Study:
Connect Assignments BSJC 14 32; 14 37
Question 1:
BSJC 14 3
Confirming Pages
C H A P T E R
F O U R T E E N
Operational Performance
Measurement:
Sales, Direct-Cost
Variances, and the
Role of Nonfinancial
Performance Measures
After studying this chapter, you should be able to . . .
1. Explain the essence of control
Rev. Confirming Pages
C H A P T E R
F I F T E E N
Operational Performance
Measurement:
Indirect-Cost Variances
and Resource-Capacity
Management
After studying this chapter, you should be able to . . .
1. Distinguish between the product-costing and control
Confirming Pages
C H A P T E R
E L E V E N
Decision Making with a
Strategic Emphasis
After studying this chapter, you should be able to . . .
1. Define the decision-making process and identify the types of cost information relevant for decision
making
2.
Confirming Pages
C H A P T E R
N I N E
Profit Planning:
Cost-Volume-Profit Analysis
After studying this chapter, you should be able to . . .
1. Explain cost-volume-profit (CVP) analysis, the CVP model, and the strategic role of CVP analysis
2. Apply CVP a
Confirming Pages
C H A P T E R
T H I R T E E N
Cost Planning for the
Product Life Cycle:
Target Costing, Theory
of Constraints, and
Strategic Pricing
After studying this chapter, you should be able to . . .
1. Explain how to use target costing to facilita
Confirming Pages
C H A P T E R
T H R E E
Basic Cost Management
Concepts
After studying this chapter, you should be able to . . .
1. Understand the strategic role of basic cost management concepts
2. Explain the cost driver concepts at the activity, volume
Page 1
PART ONEIntroduction to Strategy, Cost Management, and Cost Systems
The objective of the first seven chapters is to introduce the strategic approach to cost management and to
cover the basic concepts of cost management systems.
Chapter 1 is an intr
AC2105 Accounting for Decision Making and Control
Semester 2, 2015/2016
Seminar Questions
Week 6
Seminar A: Standard costing and costs variance analysis for direct manufacturing costs
Self Study:
Connect Assignments BSJC 14 32;
Why divide by 75%? Not x?
1
