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Managerial Accounting Exam Review: Chapters 1-3 Study Guide

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What is Managerial Accounting?

  • Financial vs. Managerial Accounting
    01:33
  • Financial vs. Managerial Accounting
    03:58

Direct and Indirect Costs

  • Overhead, Manufacturing, and Non-Manufacturing Costs
    05:08
  • Overhead, Manufacturing, and Non-Manufacturing Costs
    01:54
  • Direct and Indirect Costs
    01:37

Product Costs and Period Costs

  • Product Costs and Period Costs
    04:16
  • The Manufacturing Production Process
    06:03
  • Product Costs and Period Costs
    02:12

Job Costing vs Process Costing

  • Job Costing vs Process Costing
    02:57
  • Job Costing vs Process Costing
    01:04

The Job Cost Sheet

  • The Job Cost Sheet
    02:39
  • The Job Cost Sheet
    00:20

Allocating Manufacturing Overhead

  • Allocating Overhead & Predetermined Overhead Rate
    02:47
  • Applying Overhead & Calculating Total Job Cost & Unit Cost
    03:21
  • Applying Overhead & Calculating Total Job Cost & Unit Cost
    01:20

Over- or Under-Allocated Overhead

  • Over- or Under-Allocated Overhead
    02:43

Introduction to Process Costing

  • What Is Process Costing?
    01:32

Flow of Costs in Process Costing

  • Flow of Costs in Process Costing
    03:04
  • Flow of Costs in Process Costing
    02:34

Equivalent Units

  • Equivalent Units
    02:49
  • Weighted Average Method
    01:12
  • Weighted Average Method
    01:56

Process Costing

  • Cost Reconciliation Report
    03:36
  • Summarize the Flow of Physical Units
    04:36
  • Summarize the Flow of Physical Units
    02:05

Tracing Costs

  • Tracing Direct Materials Cost to a Job
    04:05
  • Tracing Direct Materials Cost to a Job
    00:15
  • Tracing Direct Labor Cost to a Job
    00:55

Fixed, Mixed, and Variable Costs

  • Fixed, Mixed, and Variable Costs
    5:35
  • Fixed, Mixed, and Variable Costs
    01:33