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Cost Analysis and Organisational Decisions

This class was created by Brainscape user Michael Conti. Visit their profile to learn more about the creator.

By: Michael Conti
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Decks in this class (13)

Week 1 Everything
What is accounting,
Who are the users of accounting i...,
Accounting can be divided into tw...
37  cards
Week 1 Important
Cost object,
Direct costs and indirect costs,
Factors affecting the classificat...
9  cards
Week 2 Everything
The 2 cost accumulation systems,
Under the absorption costing method,
Under the marginal costing method
32  cards
Week 2 Important
Inventoriable costs,
Period costs,
Do service sector companies have ...
9  cards
Week 3 Everything
Types of cost centres,
Service department overheads,
Allocating corporate costs
21  cards
Week 4 Everything
Industry used to be,
Few decades ago overheads represe...,
Traditional cost systems
40  cards
Week 3 Important
2 prepare a numerical reconciliat...,
2 prepare a numerical reconciliat...,
3 explain the difference in opera...
14  cards
Costing formulas
Variable costing income statement...,
Absorption costing income stateme...,
Numerical reconcilliation
3  cards
Week 6 Everything
How companies price a product or ...,
Three influences on demand and su...,
Market based
44  cards
Week 7 Everything
Relevant costs and relevant revenues,
To be relevant a cost revenue ite...,
Irrelevant costs
26  cards
Week 9 Everything
Pricing decisions,
Three influences on demand and su...,
Balancing customers competitors a...
47  cards
Week 10 Everything
Cost volume profit analysis,
The objective of cvp analysis is ...,
Output
54  cards
Exam Revision
Without regard to costs identify ...,
Identify any four qualitative or ...,
Mark up percentage on project lif...
17  cards

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Cost Analysis and Organisational Decisions

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