Notes in Managerial Accounting - 01

I. Fundamental Concepts

(1) Financial Accounting deals with reporting to people outside an

organization, creditors (people who lend money to a business)
financial anaylst, labor unions, and government regulators.
(2) Managerial Accounting deals with activities inside
37,200 - 16,200 = 21,000

9,024 - 3,648 = 5,376

37. Solution

Total Cost = P 37,200

Total Variable cost (3.91 * 9,024) ( 35,284)
Total Fixed Cost P 1,916

38. Solution
a + b ( x)
1,916 + 3.91(5,000)
=21,466

36. C. 3.91
37. C. 1,916
38. B. 21,466.16