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Managerial Accounting Course
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✅⛔Please Start Here!5 Topics
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CHAPTER 1: MANAGERIAL ACCOUNTING & COST CONCEPTS
📖Manufacturing Costs4 Topics|2 Quizzes -
📖Product Cost Vs Period Cost3 Topics|1 Quiz
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📖Cost Behavior: Variable, Fixed & Mixed4 Topics|1 Quiz
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📖Estimating Fixed & Variable Cost - High Low3 Topics|1 Quiz
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CHAPTER 2: JOB-ORDER COSTING📖Job Order Costing5 Topics|1 Quiz
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📖Cost Flow In Job Order Costing5 Topics
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📖Cost Of Goods Manufactured With Example4 Topics
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📖Under-Applied Overhead & Over-Applied Overhead5 Topics|1 Quiz
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CHAPTER 3: PROCESS COSTING📖Process Costing11 Topics|2 Quizzes
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🎥+✏️Process Costing (Weighted Average)🟢
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🎙️Process Costing (Weighted Average)
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🎥+✏️Process Costing (FIFO)🟢
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🎙️Process Costing (FIFO)
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🎥+✏️Process Costing Exercise🟢
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✏️ Process Costing Journal Entries🟢
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✏️Assigning Costs to Units Using the Weighted-Average Method🟢
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✏️Equivalent Units of Production Using the Weighted-Average Method🟢
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✏️Cost per Equivalent Unit Using the FIFO Method🟢
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✏️Assigning Costs to Units Using the FIFO Method🟢
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✏️Cost Reconciliation Report Using the FIFO Method🟢
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🎥+✏️Process Costing (Weighted Average)🟢
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CHAPTER 4: COST VOLUME PROFIT ANALYSIS📖Cost Volume Profit Analysis2 Topics
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📖Contribution Margin Ratio2 Topics
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📖Cost Volume Profit Application5 Topics|1 Quiz
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📖Break-Even Point & Target Profit3 Topics|1 Quiz
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📖Target & Cost Volume Profit Analysis3 Topics|1 Quiz
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📖Margin Of Safety3 Topics|1 Quiz
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📖Break-Even For Multi-Product3 Topics|1 Quiz
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📖Cost Structure & Profit Stability2 Topics
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📖Degree Of Operating Leverage (DOL)3 Topics|1 Quiz
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CHAPTER 5: VARIABLE COSTING & SEGMENT REPORTING: TOOLS FOR MANAGEMENT📖Absorption & Variable Costing6 Topics|3 Quizzes
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🎥+✏️Absorption and Variable Costing🟢
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🎙️Absorption and Variable Costing
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🎥+✏️Example Absorption and Variable Costing🟢
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✏️Variable and Absorption Costing Unit Product Costs🟢
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✏️Variable Costing Income Statement and Net Operating Income Reconciliation🟢
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✏️Reconciliation of Absorption and Variable Costing Net Operating Incomes🟢
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🎥+✏️Absorption and Variable Costing🟢
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📖Segmented Income Statement Traceable & Common Fixed Cost5 Topics|1 Quiz
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📖Break-Even & Common Errors3 Topics|1 Quiz
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CHAPTER 6: ACTIVITY-BASED-COSTING / COST ACCOUNTING📖Activity Based Costing8 Topics|2 Quizzes
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CHAPTER 7: MASTER BUDGETING📖What Is A Budget & Role Of Budgets2 Topics|1 Quiz
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📖Budgetary Process2 Topics|1 Quiz
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📖Types Of Budgets2 Topics|1 Quiz
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📖Zero Based Budgeting & Rolling Budget2 Topics|1 Quiz
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📖Activity Based Budgeting2 Topics|1 Quiz
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📖Master Budget & Related Schedules10 Topics|2 Quizzes
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🎥+✏️Master Budget and Related Schedules🟢
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🎙️Master Budget and Related Schedules
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✏️Schedule of Expected Cash Collections🟢
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✏️Direct Materials Budge🟢
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✏️Direct Labor Budget🟢
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✏️Manufacturing Overhead Budget🟢
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✏️Selling and Administrative Expense Budget🟢
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✏️Cash Budget🟢
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✏️Budgeted Income Statement🟢
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✏️Budgeted Balance Sheet🟢
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🎥+✏️Master Budget and Related Schedules🟢
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📖Production Budget3 Topics|1 Quiz
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CHAPTER 8: FLEXIBLE BUDGETS & PERFORMANCE ANALYSIS📖Flexible Budget & Performance Analysis6 Topics|2 Quizzes
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CHAPTER 9: STANDARD COSTS & VARIANCES📖Direct Material & Labor Variance Analysis4 Topics|2 Quizzes
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📖Variances Using Journal Entries4 Topics
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📖Variable & Fixed Overhead Variances2 Topics|2 Quizzes
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CHAPTER 10: PERFORMANCE MEASUREMENT📖Benchmarking2 Topics
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📖Control Charts2 Topics
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📖Pareto Chart2 Topics
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📖Fishbone2 Topics
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📖Balanced Scorecard5 Topics|1 Quiz
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📖The 4 Costs Of Quality4 Topics|1 Quiz
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📖Performance Measurements2 Topics
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📖Return On Investment (ROI)4 Topics|1 Quiz
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📖Residual Income5 Topics|1 Quiz
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📖Economic Value Added (EVA)2 Topics
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📖Return On Equity2 Topics
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📖Non-GAAP Measures2 Topics|1 Quiz
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CHAPTER 11: DIFFERENTIAL ANALYSIS: THE KEY TO DECISION MAKING📖Relevant & Irrelevant Cost3 Topics|2 Quizzes
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📖Add Or Drop a Segment4 Topics|1 Quiz
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📖Make Or Buy Component Analysis4 Topics|1 Quiz
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📖Accepting Or Rejecting Special Order4 Topics|1 Quiz
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📖Utilization Of a Constrained Resource2 Topics|1 Quiz
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📖Sell Or Process Further Decisions4 Topics|1 Quiz
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CHAPTER 12: CAPITAL BUDGETING DECISIONS📖Time Value Of Money For Capital Budgeting7 Topics|1 Quiz
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📖What Is Capital Budgeting?2 Topics|1 Quiz
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📖Net Present Value (NPV)4 Topics|1 Quiz
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📖Depreciation Tax Shield Explained2 Topics
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📖Internal Rate Of Return IRR3 Topics
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📖Payback & Discounted Payback Period3 Topics
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📖Accounting Rate Of Return ARR & Average Accounting Return AAR2 Topics
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📖Profitability Index4 Topics
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💡Chapter 1 : Managerial Accounting and Cost Concepts4 Topics|1 Quiz
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💡Chapter 2: Job-Order Costing7 Topics|1 Quiz
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🤖CH2 EX1 MA Predetermined Overhead Rate
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🤖CH2 EX2 MA Kessler Fabricators: Job Order Costing Cycle
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🤖CH2 EX3 MA Raw Materials Used in Production
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🤖CH2 EX4 MA Cost of Goods Manufactured
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🤖CH2 EX5 MA Schedule of Cost of Goods Manufactured
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🤖CH2 EX6 MA Adjusted Cost of Goods Sold
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🤖CH2 EX7 MA Critical Thought Exercise: Fixed Overhead and Underapplied Costs
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🤖CH2 EX1 MA Predetermined Overhead Rate
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💡Chapter 3 : Process Costing1 Topic|1 Quiz
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💡Chapter 4: Cost Volume Profit Analysis4 Topics|2 Quizzes
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💡Chapter 5: Variable Costing &Segment Reporting:Tools for Management4 Topics|2 Quizzes
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💡Chapter 6: Activity-Based-Costing |Cost Accounting3 Topics|1 Quiz
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💡Chapter 7: Master Budgeting3 Topics|1 Quiz
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💡Chapter 8: Flexible Budgets and Performance Analysis4 Topics|1 Quiz
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💡Chapter 9: Standard Costs and Variances4 Topics|1 Quiz
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💡Chapter 10: Performance Measurement3 Topics|1 Quiz
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💡Chapter 11: Differential Analysis: The Key to Decision Making4 Topics|1 Quiz
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💡Chapter 12: Capital Budgeting Decisions5 Topics|1 Quiz
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🤖CH12 EX1 MA Contest Winnings: Lump Sum versus Annuity
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🤖CH12 EX2 MA Falkirk Company: Special Contract Evaluation
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🤖CH12 EX3 MA Thorncliff Company: Internal Rate of Return
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🤖CH12 EX4 MA Meridian Company: Payback Period and Simple Rate of Return
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🤖CH12 EX5 MA Halden Company: After-Tax Net Present Value Comparison
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🤖CH12 EX1 MA Contest Winnings: Lump Sum versus Annuity
Participants 2350
Lesson 2,
Topic 1
In Progress
Time Stamp: 14:57
Shouldn’t the answer to the multiple choice question in the video be (A)? In the video you have (B) circled but according to your example about the pizza and the spaghetti wouldn’t (A) be the correct answer?
Option (B) states “depending on the cost object a particular cost can be direct or indirect.” According to the example given in the video this would be TRUE since cheese on a pizza can be considered a direct cost and cheese on spaghetti can be considered an indirect cost.
So wouldn’t that make (A) the correct answer since it is NOT TRUE because whether a cost ” the cheese” is classified as a direct or indirect cost depends on the cost object ” the pizza / spaghetti.”
Thank you for your help
HI Brandon,
you are correct. The correct answer is A. “Does not depend” is false statement and as a result is correct statement. Those “NOT true” questions. Thanks