ACCT 2302 CH 26 CAPITAL INVESTMENT DECISION NOTES
is capital budgeting?
Capital assets: long-term, operational assets.
Capital investments: acquisitions of capital assets.
Capital budgeting (CB): planning to invest in capital assets that returns most
Responsibility Accounting & Performance Evaluation
How different types of business units need to be evaluated in different ways.
WHY DO DECENTURALIZED COMPANIES NEED RESPONSIBILITY ACCOUNTING?
Small companies (centralized companies), owner makes all plann
FINAL EXAM EQUATION SHEET
COST OF MATERIALS USED
Beginning Raw Materials Inventory + Purchases of Raw Materials (including Freight In) = Raw
Materials Available for Use Ending Raw Materials Inventory = Cost of Direct Materials
COST OF GOOD
CH 23 Quiz
1. Kevin Company prepared the following static budget for the year 2015:
CH 23 Flexible Budgets & Standard Cost Systems
Decisions managers make during & after the budgeting period:
Did my divisions meet is sales goals?
Have costs increase?
Sales have dropped, so how do we need to adjust spending?
Sales decrease, spending must