V

Managerial vs Financial accounting

CVP Analysis (Contribution Margin, CMR, Breakeven, Target Profit, Changes in pricing affecting CM, etc. )

Margin of Safety

Short-Term Decision Making (Pricing, Special Order, Discontinuing a product)

Different kind of costs (variable, relevant, irrelevant, sunk, avoidable, unavoidable, fixed)

Price setters/price takers

Factors to be considered relating to Outsourcing/Discontinuing a product/Special Order

Types of Budgets

Budgets applicable to types of businesses

Overview of Budgeting (understand various budgets

Managerial vs Financial accounting

CVP Analysis (Contribution Margin, CMR, Breakeven, Target Profit, Changes in pricing affecting CM, etc. )

Study guide....

Margin of Safety

Short-Term Decision Making (Pricing, Special Order, Discontinuing a product)

Different kind of costs (variable, relevant, irrelevant, sunk, avoidable, unavoidable, fixed)

Price setters/price takers

Factors to be considered relating to Outsourcing/Discontinuing a product/Special Order

Types of Budgets

Budgets applicable to types of businesses

Overview of Budgeting (understand various budgets

Sales Budget and Cash Collection Budget (Review Assignment 2 & Test 2) Chp 9

Cost-Plus Pricing Computation (Review Assignment #2) Chp 8

Cost Volume Profit (CVP) Analysis (CM, CMR, BE point using equation Method, Target Profit, Margin of Safety) (Review class excel sheets) Chp 7

Short Answers Ethical Standards Chp 1 & CVP Analysis Chp 7 (2 parts)

Target-Costing Approach (pg 458 Summary Problem) Chp 8

Preparation of a Fund Flow Statement