Cost/Managerial Accounting

Cost/Managerial Accounting

1. Ch 1 Managerial Accounting & Cost Concepts

   • Cost Classifications
     • Direct Costs
     • Indirect Costs
     • Product Costs
       • Raw Materials (RM)
         • Work In Process (WIP)
           • Finished Goods (FG)
             • Cost of Goods Sold (COGS)
     • Period Costs
       • S&A
   • Manufacturing Cost Categories
     • Direct Materials (DM)
     • Direct Labor (DL)
     • Manufacturing Overhead (MOH)
   • Cost Behavior
     • Variable
     • Fixed
     • Mixed
   • Non-manufacturing Cost Categories
     • Selling & Administrative (S&A)

Images and files in the map

• Direct vs. Indirect Costs (Embed)
• 3 Types of Manufacturing Costs (Direct Materials, Direct Labor, Manufacturing Overhead) (Embed)
• Period Costs (Embed)
• Variable Costs (Embed)
• Fixed Costs (Embed)
• Nonmanufacturing Costs (SG&A Expense) (Embed)