TAILIEUCHUNG - Lecture Managerial accounting (6th edition): Chapter 4 - Jiambalvo

Chapter 4 - Cost-volume-profit analysis. This chapter presents the following content: Management questions, common cost behavior patterns, variable costs, fixed costs, mixed costs, relevant range, cost estimation methods, scattergraphs,. | Prepared by Debby Bloom-Hill CMA, CFM 1 Cost-Volume-Profit Analysis Slide 4-2 CHAPTER 4 Management Questions Planning What level of profit should be in the budget for the coming year? Control Did the manager responsible for production costs do a good job of controlling costs? Decision making Should the price be increased? Learning objective 1: Identify common cost behavior patterns, and estimate the relation between cost and activity using account analysis and the high-low method. Slide 4-3 Variable Costs Costs which change directly in proportion to changes in quantity or activity Fixed Costs Costs which do not change when quantity or activity volume changes Common Cost Behavior Patterns Slide 4-4 Learning objective 1: Identify common cost behavior patterns, and estimate the relation between cost and activity using account analysis and the high-low method. Mixed Costs Costs that have both variable and fixed elements Step Costs Fixed for a range of output, but increase when upper bound

• Kế toán - Kiểm toán
• Managerial accounting
• Lecture Managerial accounting
• Cost volume profit analysis
• Account analysis
• Variable costs
• Fixed 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