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Managerial Accounting Exam Review: Chapters 1-3 Study Guide

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What is Managerial Accounting?

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

Direct and Indirect Costs

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

Product Costs and Period Costs

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

Job Costing vs Process Costing

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

The Job Cost Sheet

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

Allocating Manufacturing Overhead

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

Over- or Under-Allocated Overhead

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    Over- or Under-Allocated Overhead
    02:43

Introduction to Process Costing

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    What Is Process Costing?
    01:32

Flow of Costs in Process Costing

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

Equivalent Units

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

Process Costing

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

Tracing Costs

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

Fixed, Mixed, and Variable Costs

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