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Modules cover financial versus managerial accounting, cost classification (variable vs fixed and product vs period), schedules of COGM/COGS/income statement, job-order and process costing, activity-based costing, cost behavior, cost-volume-profit, variable versus absorption costing, budgeting, variance analysis with flexible budgets, capital budgeting, performance measurement, and relevant costs for decisions. 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Contents  \nModule 1: Introduction to Managerial Accounting: Cost Concepts and the Schedule of Cost of Goods Manufactured ..... 3  \nModule 2: Job-Order Costing ............................................................................................... 11  \nModule 3: Process Costing ................................................................................................... 22  \nModule 4: Activity-Based Costing ........................................................................................ 31  \nModule 5: Cost Behaviour ................................................................................................... 38  \nModule 6: Cost-Volume-Profit Analysis................................................................................ 45  \nModule 7: Variable vs Absorption Costing............................................................................ 55  \nModule 8: Budgeting ........................................................................................................... 62  \nModule 9: Variance Analysis and Flexible Budgeting ............................................................ 79  \nModule 10: Capital Budgeting.............................................................................................. 95  \nModule 11: Performance Measurement .............................................................................. 99  \nModule 12: Relevant Costs for Decision Making................................................................. 106  \nModule 1: Introduction to Managerial Accounting: Cost Concepts and the Schedule of Cost of Goods Manufactured  \nModule Intro Video:  \nFree Video: [https://www.youtube.com/watch?v=eLYxHd7V67o](https://www.youtube.com/watch?v=eLYxHd7V67o)[ ](https://www.youtube.com/watch?v=eLYxHd7V67o)Members Video (Ad Free): [https://www.youtube.com/watch?v=3-yJnknM4eU](https://www.youtube.com/watch?v=3-yJnknM4eU)  \n1-1A – Financial vs Managerial Accounting  \nEach of the following activities is mainly related to Financial or Managerial Accounting. For each item note if it is more closely related to Managerial Accounting “MA” or Financial Accounting “FA”.  \na. ) Preparing a staffing budget.  \nb. ) Preparing a cash flow statement.  \nc. ) Preparing year end adjusting journal entries.  \nd. ) Preparing a bid on a future contract.  \ne. ) Preparing the management discussion and analysis section of the annual report.  \nFree Video: [https://www.youtube.com/watch?v=huapaKwRrH0](https://www.youtube.com/watch?v=huapaKwRrH0)  \nMembers Video (Ad Free): [https://www.youtube.com/watch?v=Nk_t9GY7hi8](https://www.youtube.com/watch?v=Nk_t9GY7hi8)  \n[1-1B](1-1B) – [Financial vs Managerial Accounting](Financial vs Managerial Accounting)  \nEach of the following activities is mainly related to Financial or Managerial Accounting. For each item note if it is more closely related to Managerial Accounting “MA” or Financial Accounting “FA”.  \na. ) Preparing a bank reconciliation.  \nb. ) Preparing a cash budget.  \nc. ) Preparing a cost over-run report comparing budget data to actual results.  \nd. ) Preparing a cost analysis of a planned building renovation.  \ne. ) Preparing journal entries related to the purchase of a car.  \nMembers Video (Ad Free): [https://www.youtube.com/watch?v=pnKJ_QbxOsY](https://www.youtube.com/watch?v=pnKJ_QbxOsY)  \n1-2A – Cost Classification  \nThe following are costs of Big Rig Trucks, a manufacturer of large diesel vehicles.  \n1.) Aluminum used in manufacturing each truck’s body.  \n2.) Factory supervisor’s salary.  \n3.) Company president’s salary.  \n4.) Cleaning supplies used for daily cleanup.  \n5.) Wages of workers who build the engines.  \n6.) Patent lawyer’s costs.  \n7.) Accounting fees.  \n8.) Shipping paid on deliveries to customers.  \nRequired: For each cost above, identify whether it is Variable or Fixed, and which category of product or period cost it belongs to – DM/DL/M","cbCaipmBieABKz4i","https://ap.wps.com/l/cbCaipmBieABKz4i","pdf",5460895,118,"English","# Module 1: Introduction to Managerial Accounting: Cost Concepts and the Schedule of Cost of Goods Manufactured\n# Module 2: Job-Order Costing\n# Module 3: Process Costing\n# Module 4: Activity-Based Costing\n# Module 5: Cost Behaviour\n# Module 6: Cost-Volume-Profit Analysis\n# Module 7: Variable vs Absorption Costing\n# Module 8: Budgeting\n# Module 9: Variance Analysis and Flexible Budgeting\n# Module 10: Capital Budgeting\n# Module 11: Performance Measurement\n# Module 12: Relevant Costs for Decision Making","[{\"question\":\"What distinction does the workbook make between financial accounting and managerial accounting?\",\"answer\":\"It provides activities to classify tasks as more closely related to managerial accounting (MA) or financial accounting (FA).\"},{\"question\":\"How does the workbook ask students to classify costs?\",\"answer\":\"It requires identifying whether each cost is variable or fixed and determining whether it is a DM, DL, MOH, selling, admin, or R\\u0026D period/product category.\"},{\"question\":\"Which topics are included for budgeting and performance evaluation?\",\"answer\":\"Modules address budgeting, variance analysis with flexible budgeting, performance measurement, and capital budgeting decision making.\"}]","Managerial Accounting - Workbook - Version 4 - Cost Concepts and the Schedule of Cost of Goods Manufactured | PDF",297]