Management Acc

cost cost concept main branch of ACC Cost Acc?

an exchange price, a forgoing, a sacrifice made to secure benefit COST ACCOUNTING As a data base for manag acc n fin acc

a measured outflow of goods or services, which is matched with

revenue to determine income Financial Acc
expense

manufacturing functional
MLO
different costs for different purposes
adm, general, marketing etc MA: internal: manager
non manufactiring the different user
direct FA: external; gov, credior
direct M, direct L
traceability prime cost MA: report fin information to internal user to make dec
FOH M&L
indirect aim
manufacturing cost FA: provide past fin information
product cost L&O
MLO
conversion cost MA: future
assign timing
adm, marketing orientation
period cost FA: Historical

Fixed
fixed adm, marketing, rent MA: No standard
behavior rule
DM. DL, var marketing etc FA: SAK etc
Variabel
MA: detail
controllable info type
management intervention FA: global
uncontrollable

opportunity cost MA: subjective

inform nature
standard cost FA: Objective
decision making/controlling
incremental cost
plan & budget
relevant/irrelevant
The role of cost accounting
cost product
v+F
differensial
only variabel selling price
marginal
sunk
company costs and profit
engineered
cost and output
discretionary
Choosing alternatives

commited Digitally signed

by Santi Novita
capital expenditure
accounting period
Date:
revenue expenditure 2020.09.08
@sannov 13:48:32 +07'00'