Beruflich Dokumente
Kultur Dokumente
Cost Concepts
15
Cost Behavior
15
Managers Activities
Planning
Directing
Controlling &
Evaluating
CVP
19
Budgeting
20
Job Order
Costing 16
Short Term
Decision
Making 23
Activity
Based
Costing 18
ABC Steps
1. Identify each activity
2. Estimate the costs for each activity
3. Identify a cost driver for each activity, and estimate
quantity of each cost driver
4. Calculate an activity rate for each activity
5. Assign costs to cost objects
Do Exercise 7 together, P2 in groups look over handout
Looking Ahead
1. Group Quiz Thursday with note sheet
Chapter 18 (all conceptual)
2. Test #2 next Tuesday with no note sheet
Chapters 15, 16, and 18
Look for review sheet on Ramct soon