TAILIEUCHUNG - Lecture Managerial accounting for Managers (3e): Chapter 4A - Garrison, Noreen, Brewer

After studying this chapter, you should be able to: Compute the equivalent units of production using the FIFO method, compute the cost per equivalent unit using the FIFO method, Assign costs to units using the FIFO method, Prepare a cost reconciliation report using the FIFO method. | The Predetermined Overhead Rate and Capacity Appendix 4A Appendix 4A: The Predetermined Overhead Rate and Capacity. Learning Objective 4-7 Understand the implications of basing the predetermined overhead rate on activity at capacity rather than on estimated activity for the period. Learning objective 4-7 is to understand the implications of basing the predetermined overhead rate on activity at capacity rather than on estimated activity for the period. Predetermined Overhead Rate and Capacity Calculating predetermined overhead rates using an estimated, or budgeted amount of the allocation base has been criticized because: Basing the predetermined overhead rate upon budgeted activity results in product costs that fluctuate depending upon the activity levels. Calculating predetermined rates based upon budgeted activity charges products for costs that they do not use. There are two major criticisms of calculating the predetermined overhead rate based on estimated amounts. The first is .

• Kế toán - Kiểm toán
• Managerial accounting
• Lecture Managerial accounting
• Financial statement
• FIFO method
• Equivalent Units
• Applying 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
• 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