Explain: Standard cost ideal standard vs practical standard Talk about Flexible budget+ (+ Variances actual) Do you
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Question:
Explain:
- Standard cost
- ideal standard vs practical standard
- Talk about Flexible budget+ (+ Variances actual)
- Do you will use ideal standard in the accounting computation?
- Target costing (pricing) + difference with others method
- Cost of idle capacity and financial report
- How do you resolve constrained resource
- Pricing a product
- Full costing, absorption, direct in pricing?
- Does Amortisation is present in your cash budget?
- How do you compute the cost of good manufactured? Formula
- Cost of good sold formula
- Period cost and product (absorption method)
- Statement cash flow (indirect method)
- Distinction between variable and fixed cost
- Degree of operating leverage
- Job cost
- Income statement
- Example of ethic and managerial account
- Traceable cost and non traceable cost
- conversion cost
- Overapplied overhead explanation situation
- Cost allocation
- Why conversion cost important in process costing system
- Cash flow statement
- Compute cash flow starting from revenue (direct method) > es starting from revenue=10000 Non cash account balance example Ammortizzation, depreciation, provisions (accantonamenti)
- Come il costo opportunit pu entrare in una scelta di make or buy (opportunity cost in make or buy decisions)
- 2 Approaches for constrained resources
- Starting from Free cash flow and net cash from operating activities
- Variance analysis
- Gain asset in which way are computed in the operating activities and why are computed
- How do you split underapplied ovh in job order costing > 2 method for computing overapplied/underapplied
- Activity drivers + example of transaction driver
- Income statement: computing prepaid expense: net income will increase or decrease?
Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
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