Beruflich Dokumente
Kultur Dokumente
Chapter 14
14-1
Learning Objectives
Describe the major business activities and related
information processing operations performed in
the production cycle.
Identify major threats in the production cycle and
evaluate the adequacy of various control
procedures for dealing with those threats.
Explain how a companys cost accounting system
can help it achieve its manufacturing goals.
Discuss the key decisions that must be made in
the production cycle and identify the information
required to make those decisions.
14-2
14-3
Production Operations
Cost Accounting
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14-6
1. Product Design
2. Planning and Scheduling
Threats
Controls
1.
14-9
3. Production Operations
Threats
Controls
1.
2.
3.
4.
Inventory theft
Fixed asset theft
Poor performance
Suboptimal investments in
fixed assets
5. Loss of inventory or fixed
assets due to fire or disasters
6. Disruption of operations
4. Cost Accounting
Threats
Controls
14-12
Key Terms
Production cycle
Bill of materials
Operations list
Manufacturing resource
planning (MRP-II)
Lean manufacturing
Master production schedule
(MPS)
Production order
Materials requisition
Move ticket
Computer-integrated
manufacturing (CIM)
Request for proposal (RFP)
Job-order costing
Process costing
Job-time ticket
Manufacturing overhead
Activity-based costing
Cost driver
Throughput
14-13
14
15
16