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  • Midterm Syllabus For ACT 406

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    Frank Anstine
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    This midterm syllabus for an accounting course covers 6 topics: 1) the functions of managers and how management accounting assists them, 2) a review of cost of goods manufactured and sold, 3) absorption and variable costing, 4) responsibility centers and types of costs, 5) budgeting and budgetary control, and 6) constructing a master budget including sales, cash, production, materials, and payments budgets.

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    This midterm syllabus for an accounting course covers 6 topics: 1) the functions of managers and how management accounting assists them, 2) a review of cost of goods manufactured and sold, 3) absorption and variable costing, 4) responsibility centers and types of costs, 5) budgeting and budgetary control, and 6) constructing a master budget including sales, cash, production, materials, and payments budgets.

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    8 views1 page

    Midterm Syllabus For ACT 406

    Uploaded by

    Frank Anstine
    This midterm syllabus for an accounting course covers 6 topics: 1) the functions of managers and how management accounting assists them, 2) a review of cost of goods manufactured and sold, 3) absorption and variable costing, 4) responsibility centers and types of costs, 5) budgeting and budgetary control, and 6) constructing a master budget including sales, cash, production, materials, and payments budgets.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Midterm Syllabus for ACT 406

    1. Introduction and Review: Function of managers and how management accounting help in those
    function, Difference between management accounting and financial accounting
    2. Review of cost of goods manufactured and cost of goods sold.
    3. Absorption costing and variable costing (product unit calculation,
    4. Responsibility centers, traceable cost, common cost, segment reporting, segmented income
    statement, use of breakeven point analysis for segments
    5. Budget and budgetary control
    6. Master budget (sales budget, expected cash collection schedule, production budget, direct
    material purchase budget, expected cash payment schedule)

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