TAILIEUCHUNG - Ebook Accounting: Part 2

(BQ) Get your best grades with this Cambridge International AS and A Level Accounting Revision Guide. - Manage your own revision with step-by-step support from experienced examiners Ian Harrison and Michael Hillman - Maintain an appropriate international focus in exams with examples and case studies from around the world - Get the top marks by applying accounting terms accurately with the help of definitions and key words Use the Revision,. | AS level 2 Cost and management accounting 28 Absorption total costing Content Costing for materials and labour Understand the need to account for material and labour costs Identify and calculate fixed costs variable costs semivariable costs and stepped costs Identify the elements of direct and indirect materials and labour Calculate labour costs using different methods of remuneration including bonus schemes Traditional costing methods Understand the application of traditional costing methods Absorption costing Allocate and apportion overhead expenditure between production and service departments Calculate overhead absorption rates Calculate and explain the causes of under absorption and over absorption of overheads Identify and explain the uses and limitations of absorption costing By the end of this chapter you should be able to classify various types of cost according to their reaction to changes in levels of business activity calculate the pay due to workers using differing wage systems prepare a statement using absorption costing techniques explain the uses of absorption costing select appropriate bases of apportioning overheads prepare a statement to apportion overheads to individual departments apportion service department costs to production departments seleơ and use appropriate absorption rates for overheads and use these in pricing policy explain how an over absorption and under absorption of overheads affect the financial statements of a business identify limitations of using absorption costing techniques explain the use of absorption costing as a basis for inventory valuation. Practise defining terms on a regular basis. Remembering them is not as difficult as it first seems. When you have a spare moment between lessons or waiting for a friend go over definitions in your head. Remember that a definition is an explanation of a term it is not an example. However if you find it difficult to express yourself precisely an example may help to .

• Kế toán - Kiểm toán
• Intermediate accounting
• marginal costing
• Business planning
• Manufacturing accounts
• Consignment accounts
• Joint venture accounts
• Lecture Intermediate accounting
• Financial Accounting
• Accounting process
• Accounting equation
• Accounting processing cycle
• Stock issuance
• Estimating reserves
• Liquidating dividends
• Accounting changes
• Error corrections
• Accounting choices
• Theoretical structure
• Accrual accounting
• Financial accounting environment
• Accounting for leases
• Leasing environment
• Accounting by lessee
• Special accounting problems
• Cash versus accrual accounting
• International standard setting
• Accounting standards
• Accounting assists
• The challenges facing accounting
• Income taxes
• Accounting for income taxes
• Deferred tax liabilities
• Error analysis
• Accounting policy
• Accounting estimate
• Accounting policies
• Financial reporting
• Accounting information system
• Measurement issues
• Characteristics of accounting
• Capital allocation process