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

Decks in this class (15)

Exam 1
5 goals of managerial accounting,
4 basic functions of managerial a...,
3 types of product costs for manu...
16  cards
Exam 2
2 reasons you should use activity...,
3 differences between abc costing...,
4 categories of activities under ...
13  cards
Exam 3
Price rate variances formula,
Usage quantity efficiency formula,
When in the flexible budget prepared
23  cards
Chapter 10
What are relevant costs,
What are two reasons the incremen...,
What does idle capacity mean
5  cards
Chapter 11
The process of making decisions r...,
When using the capital budgeting ...,
The technique of capital budgetin...
15  cards
Prologue
Managerial accounting focuses on ...,
If you are doing managerial accou...,
What are the 3 basic functions of...
5  cards
Chapter 1
___ are indirect costs incurred t...,
What are products costs for retai...,
3 parts of product costs
10  cards
Chapter 2
What are the two types of basic a...,
Actual costing vs normal costing,
When you apply oh based on the pr...
7  cards
Chapter 3
Explain 3 key differences between...,
Activity based costing is usually...,
2 reasons you should use activity...
4  cards
Chapter 4
Which costing system is more cost...,
When should you use process costi...,
How is the unit cost computed in ...
3  cards
Chapter 5
Point where company will make no ...,
Formula to calculate contribution...,
Difference between contribution r...
5  cards
Chapter 6
What are included in inventory co...,
Which is required by gaap ifrs an...,
Income statement format for absor...
6  cards
Chapter 7
A budget is a detailed plan for t...,
The various budgets are collectiv...,
Explain how budgets provide befor...
7  cards
Chapter 8
When are static budgets and flexi...,
What does the static budget use w...,
You must know the ___ to prepare ...
5  cards
Chapter 9
Explain a decentralized organization,
What are the 3 types of responsib...,
How are cost centers profit cente...
3  cards

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ACCT 230 Allen

  • Class purpose General learning

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