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Managerial Accounting

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

By: Spencer Downey
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Decks in this class (21)

Chapter 5
Cost volume profit cvp graph 1,
Incremental analysis 2,
Target profit analysis 3
19  cards
Chapter 8
Planning 1,
Control 2,
Responsibility accounting 3
17  cards
Chapter 5 Equations
Profit equation 1,
Cm ratio 2,
Unit sales to break even 3
15  cards
Advantages of Budget
Budgets_________management s plan...,
Budgets force managers to______ a...,
The budgeting process provides a ...
6  cards
CB Income Statement
0  cards
Chapter 6
Traceable fixed cost 1,
Common fixed cost 2,
Segment margin 3
5  cards
Segmented CB income
Segment cb income statemtn 1
1  cards
Chapter 8 Budgets
Production budget 1,
Merchandise purchases budget 2,
Direct materials budget 3
7  cards
Schedules
Schedule 1 1,
Schedule 2 2,
Schedule 3 3
11  cards
Direct Materials Budget
Direct materials budget 1
1  cards
Schedules go into
Sales budget goes into 1,
Production budget goes into 2,
Direct labor budget goes into 3
8  cards
Qick budgets
Direct labor budget 1,
Production budget 2,
When you add units 3
6  cards
Chapter 11
Standard quantity per unit 1,
Standard price per unit 2,
Standard direct materials cost pe...
12  cards
Labor Variance
Labor rate variance 1,
Labor efficiency variance 2
2  cards
Material Price Variance
Material price variance 1,
Material quantity variance 2
2  cards
Chapter 11
Return on investment 1,
Margin 2,
Turnonver 3
7  cards
Chapter 11 (Theory
Decentralized organization 1,
Advantages of a decentralized org...,
Advantages of a decentralized org...
25  cards
Chapter 12 theory
Avoidable cost 1,
Sunk cost 2,
Future cost 3
23  cards
Chapter 10
Quantity standards 1,
Price standards 2,
Standard quantity per unit 3
43  cards
Chapter 1
Financial accounting 1,
Managerial accounting 2,
Segment 3
12  cards
Chapter 5 FINAL
Direct cost 1,
Examples of direct cost 2,
Indirect costs 3
29  cards

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Managerial Accounting

  • Class purpose General learning

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