P$-1$ How does managerial accounting differ from financial accounting?

P$-6$ Why is managerial accounting relevant to accounting majors and their futre

careers?

$1-1$ What are the three major types of product costs in a manufacturing company?

$1-3$ Explain the difference between a product cost and a period cost.

$1-11$

What is the difference between a traditional format income statement and a contribution format income statement?