TAILIEUCHUNG - Lecture Managerial accounting for Managers (3e): Chapter 2 - Garrison, Noreen, Brewer

Chapter 2 - Managerial accounting and cost concepts. This chapter begins by describing the work of management and the need for managerial accounting information followed by a discussion of the differences and similarities between financial and managerial accounting. Next, we explain that in managerial accounting, the term cost is used in many different ways. | Managerial Accounting and Cost Concepts Chapter 2 Chapter 2: Managerial Accounting and Cost Concepts This chapter explains how managers need to rely on different cost classifications for different purposes. The four main purposes emphasized in this chapter include preparing external financial reports, predicting cost behavior, assigning costs to cost objects, and decision making. We’ll begin by looking at manufacturing companies because their basic activities include most of the activities found in other types of business organizations. Learning Objective 2-1 Identify and give examples of each of the three basic manufacturing cost categories. Learning objective 2-1 is to identify and give examples of each of the three basic manufacturing cost categories. The Product Classifications of Manufacturing Costs Direct Materials Manufacturing Overhead Direct Labor Manufacturing costs are usually grouped into three main categories: direct materials, direct labor, and manufacturing overhead. .

• Kế toán - Kiểm toán
• Managerial accounting
• Lecture Managerial accounting
• Managerial accounting
• Cost concepts
• Nonmanufacturing costs
• Classifications of costs
• Managerial accounting for managers
• Profitability analysis
• Decision making
• Operations management majors
• 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
• 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