TAILIEUCHUNG - Lecture Survey of accounting (3/e) - Chapter 12: Cost accumulation, tracing, and allocation

After you have mastered the material in this chapter, you will be able to: Identify cost objects and distinguish between direct costs versus indirect costs, allocate indirect costs to cost objects, identify the most appropriate cost driver, recognize the effects of cost allocation on employee motivation. | McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 12: Cost Accumulation, Tracing, and Allocation Identify cost objects and cost drivers. Distinguish direct costs from indirect costs. Allocate indirect costs to cost objects. Select appropriate cost drivers for allocating indirect costs. Allocate costs to solve timing problems. Explain the benefits and detriments of allocating pooled costs. Recognize the effects of cost allocation on employee motivation. Learning Objectives In this chapter, the learning objectives are: Identify cost objects and cost drivers. Distinguish direct costs from indirect costs. Allocate indirect costs to cost objects. Select appropriate cost drivers for allocating indirect costs. Allocate costs to solve timing problems. Explain the benefits and detriments of allocating pooled costs. Recognize the effects of cost allocation on employee motivation. Chapter Opening Managers must have reliable cost estimates

• Kế toán - Kiểm toán
• Survey of accounting
• Lecture Survey of accounting
• Accounting for cash
• Accounting cycle
• Financial resources
• Accounting provides information
• Internal controls
• Accounting profession
• Accounting for receivables
• Inventory cost flow
• Accounting for liabilities
• Bonds issued
• Managerial accounting
• Product costing
• Financial statements
• Ledger accounts
• Merchandising businesses
• Transportation costs
• Long term operational assets
• Depreciation method