TAILIEUCHUNG - Lecture Managerial accounting - Chapter 2: Cost behavior and cost estimation

Lecture Managerial accounting - Chapter 2: Cost behavior and cost estimation. After studying this chapter you will be able to understand: Cost behavior patterns, cost estimation, contribution margin analysis. | 2 CHAPTER COST BEHAVIOR AND COST ESTIMATION photo: © Tischenko Irina/Shutterstock UNIVERSAL SPORTS’ INCOME STATEMENT Sales $ 1,039,500 COGS 769,230 Gross Profit $ 270,270 Selling and administrative expense 230,370 Operating income $ 39,900 Tax expense (30%) 11,970 Net Income $ 27,930 What would Universal Sports’ net income be if it met the original sales volume projection? COST BEHAVIOR PATTERNS Unit 2 1 . Unit Unit © Tomwang112 / iStockphoto 4 TYPES OF COST BEHAVIOR Variable Fixed Step-Variable Mixed IT’S TIME FOR A STUDY BREAK! You’ve been studying for several hours and are getting ready to take a study break, so you break open a nice cold can of soda. Just then the doorbell rings and in come three friends. HERE’S THE DRINK BILL Friends Cost per can Total cost 1 $ $ 2 $ $ 3 $ $ 4 $ $ VARIABLE COST Cost per unit remains constant with changes in volume Total cost varies proportionately with changes in volume LET’S ORDER PIZZA! The soda .

• Kế toán - Kiểm toán
• Managerial accounting
• Lecture Managerial accounting
• Process costing
• Standard costing systems
• Cost behavior
• Cost estimation
• 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
• 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