TAILIEUCHUNG - Lecture Managerial accounting (6th edition): Chapter 7 - Jiambalvo

Chapter 7 - The use of cost information in management decision making. This chapter presents the following content: Incremental analysis, analysis of decisions faced by managers, additional processing decision, Additional processing decision – bridge computer example,. | Prepared by Debby Bloom-Hill CMA, CFM 1 Slide 7-2 CHAPTER 7 The Use of Cost Information in Management Decision Making 2 Slide 7-3 Incremental Analysis Incremental analysis All decisions involve a choice among alternative courses of action The solution to business problems involves incremental analysis Incremental analysis is the analysis of the incremental revenue and incremental costs incurred when one alternative is chosen over another Learning objective 1: Explain the role of incremental analysis (analysis of incremental costs and revenues) in management decisions, and define sunk cost, avoidable cost, and opportunity cost and understand how to use these concepts in analyzing decisions. 3 Slide 7-4 Incremental Analysis Incremental Revenue Additional revenue received by selecting one alternative over another Incremental Cost Additional cost incurred by selecting one alternative over another Incremental Profit Difference between incremental revenue and incremental cost Learning .

• Kế toán - Kiểm toán
• Managerial accounting
• Lecture Managerial accounting
• Incremental analysis
• Incremental analysis
• Additional processing decision
• Opportunity costs
• Managerial accounting for managers
• Profitability analysis
• Decision making
• Operations management majors
• Nonmanufacturing costs
• Classifications of costs
• Kế toán quản trị
• Managerial accounting information
• General cost classifi cations
• Product costs
• Process costing
• Standard costing systems
• Accounting information
• Managerial decision
• Process management
• Financial statement
• Cost concepts
• Managerial accounting basics
• Managerial cost
• Period costs
• Lecture Financial and managerial accounting
• Financial statements
• Managerial decisions
• Financial accounting
• Dynamic business environment
• Reporting manufacturing activities
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Relevant costing
• Accounting activities
• Business activities
• Income statement
• Accounting cycle
• Accounting for merchandising operations
• Merchandising operations
• Capital budgeting decisions
• Time value of money
• Income taxes
• After tax cost