TAILIEUCHUNG - Lecture Fundamentals of cost accounting (4th edition): Chapter 17 - Lanen, Anderson, Maher

(BQ) Chapter 17: Additional topics in variance analysis. In this chapter, we discuss additional variances to illustrate some of the ways the basic variance analysis model can be extended and adapted to specific circumstances. The basic principles are exactly the same as those we discussed in chapter 16. | © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Fundamentals of Cost Accounting, 4th edition Lanen/Anderson/Maher Additional Topics in Variance Analysis Chapter 17 Chapter 17: Additional Topics in Variance Analysis In this chapter, we discuss additional variances to illustrate some of the ways the basic variance analysis model can be extended and adapted to specific circumstances. The basic principles are exactly the same as those we discussed in Chapter 16. Learning Objectives LO 17-1 Explain how to prorate variances to inventories and cost of goods sold. LO 17-2 Use market share variances to evaluate marketing performance. LO 17-3 Use sales mix and quantity variances to evaluate marketing performance. LO 17-4 Evaluate production performance using production mix and yield variances. LO 17-5 Apply the variance analysis model to nonmanufacturing costs. LO 17-6 Determine which variances to investigate. After studying this chapter you should be able to: Explain how to prorate variances to inventories and cost of goods sold. Use market share variances to evaluate marketing performance. Use sales mix and quantity variances to evaluate marketing performance. Evaluate production performance using production mix and yield variances. Apply the variance analysis model to nonmanufacturing costs. And, determine which variances to investigate. Profit Variance Analysis LO 17-1 Explain how to prorate variances to inventories and cost of goods sold. Most companies close variances to Cost of Goods Sold. Other companies prorate the variances. LO 17-1 If a company closes the variances to Cost of Goods Sold, Cost of Goods Sold increases due to unfavorable variances. If the variances are favorable Cost of Goods Sold decreases. Profit Variance Analysis Sales .

• Kế toán - Kiểm toán
• Cost accounting
• Fundamentals of cost accounting
• Cost analysis
• Cost management systems
• Management control systems
• Variance analysis
• Decision making
• Cost concepts and behavior
• Cost volume profit analysis
• Cost estimation
• Fundamentals of product
• Ebook Management and cost accounting
• Management and cost accounting
• Management accounting
• Cost assignment
• Process costing
• Value chain
• Costs for decision making
• Cost versus expenses
• Cost management
• Principles of cost accounting
• Accounting for materials
• Accounting for labor
• Factory overhead
• Process cost accounting
• Accounting income
• Divisional income
• Ebook Cost accounting
• Organizational cost flows
• Activity based cost systems for management
• Job order costing
• Joint cost allocation
• Service costing
• Service department