MBA/ACTG 506 - Managerial Accounting 썸네일형 리스트형 CH.2 Managerial Accounting and Cost Concepts Cost Classifications for Preparing External Financial Statements 1. Manufacturing Costs A. Direct materials; raw material inputs B. Direct labor; “touch labor”, workers who “touch” the product as it is being made C. Manufacturing overhead (indirect materials + indirect labor costs); all manufacturing costs other than A+B. Not easy to trace. Ex) misc supplies such as rivets in a Boeing 777, super.. 더보기 CH.1 Managerial Accounting and the Business Environment Comparison of Financial and Managerial Accounting - Financial Accounting: Is concerned with reports made to those outside the organization. Summarizes the financial consequences of past activities. Emphasizes precision and verifiability. Summarizes data for the entire organization. Must follow GAAP since the reports are made to outsiders and are audited. Is required for publicly-held companies a.. 더보기 이전 1 다음
