Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Management Accounting 2 > Week 2 > Flashcards

Week 2 Flashcards

1
Q

Production budget (with many periods)

A

Units Q1 Q2…
Sales demand
-opening stock
+Closing stock
=Production (units)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Raw materials usage/purchase budget

A

Units
Raw materials usage
-opening stock
+closing stock
=purchase (units)
=purchase (£)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

When do we adjust stock/inventory for evaporation?

A

At the end

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

When do we adjust stock/evaporation for scrapped units?

A

At the beginning

How well did you know this?
1
Not at all
2
3
4
5
Perfectly

Management Accounting 2 (4 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions