» Từ khóa: Financial statemént

In this chapter we explain how managers need to rely on different cost classifications for different purposes. The four main purposes emphasized in this chapter include preparing external financial reports, predicting cost behavior, assigning costs to cost objects, and decision making.

 18 p fbu 23/06/2016 171 2 Download

Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Nonmanufacturing costs, Classifications of costs

This chapter introduces students to activity-based costing (ABC), which is a tool that has been embraced by a wide variety of service, manufacturing, and non-profit organizations. After studying chapter 7, you should be able to: Understand activity-based costing and how it differs from a traditional costing system, assign costs to cost pools using a first-stage allocation, compute activity rates for cost pools,...

 18 p fbu 23/06/2016 171 2 Download

Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Activity-based costing, Customer margins

Perhaps more than any other information, managers would like to know the profitability of their products, customers, and other business segments. Accordingly, this appendix provides a coherent framework for measuring profitability. It distinguishes between absolute profitability and relative profitability.

 15 p fbu 23/06/2016 137 2 Download

Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Absolute profitability

This chapter explains why managerial accounting is important to the future careers of all business students. It answers three questions: (1) What is managerial accounting? (2) Why does managerial accounting matter to your career? and (3) What skills do managers need to succeed? It also discusses the importance of ethics in business and corporate social responsibility.

 15 p fbu 23/06/2016 208 2 Download

Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Decision making, Process management

Appendix A - Pricing products and services. This appendix focuses on pricing products and services. It explains the economist’s approach to pricing, the absorption costing approach to cost-plus pricing, and the meaning of target costing.

 15 p fbu 23/06/2016 192 2 Download

Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Pricing products, Price elasticity

Managers need to assign costs to products to facilitate external financial reporting and internal decision making. This chapter illustrates an absorption costing approach to calculating product costs known as process costing.

 17 p fbu 23/06/2016 164 2 Download

Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Process costing, Comparing job-order

This chapter extends our study of management control by explaining how standard costs are used by managers to control costs. It demonstrates how to compute direct materials, direct labor, and variable overhead variances. The chapter also defines some nonfinancial performance measures that are frequently used by companies.

 24 p fbu 23/06/2016 185 2 Download

Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Standard costs, Variance analysis cycle

Managers need to assign costs to products to facilitate external financial reporting and internal decision making. This chapter illustrates an absorption costing approach to calculating product costs known as job-order costing.

 19 p fbu 23/06/2016 170 2 Download

Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Job-order costing, Job cost sheet

After studying chapter 5, you should be able to: Explain how changes in activity affect contribution margin and net operating income, prepare and interpret a cost volume-profit (CVP) graph and a profit graph, use the contribution margin ratio (CM ratio) to compute changes in contribution margin and net operating income resulting from changes in sales volume,...

 15 p fbu 23/06/2016 173 2 Download

Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Cost-volume-profit relationships, Contribution margin ratio