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Introduction to Managerial Accounting
Managerial Accounting Introduction
What is Managerial Accounting (9:43)
Types of Costs, Cost Drivers and The Relevant Range
Cost Drivers (7:01)
Fixed and Variable Costs (11:05)
The Relevant Range (6:38)
Mixed Costs (7:52)
The Cost Function Series
The Cost Function (7:22)
Slope and The Cost Function (6:15)
The High-Low Activity Method (7:16)
Regression Analysis: Least Squares Regression Method (11:34)
Interpreting Regression Output for the Cost Function (8:17)
Break-Even Points (Cost-Volume Profit Analysis)
Break-Even Points and Cost-Volume-Profit Analysis (6:40)
Solve Break Even Points Using Algebra (7:54)
The Contribution Margin and Break Even Points (6:35)
The Contribution Margin vs. The Gross Margin (7:50)
What is the Margin of Safety? (4:19)
Calculate the Break Even Point for a Sales Mix (11:13)
How Profit and Tax Affects Break-Even Points (7:40)
What is Financial Leverage or Leveraging (9:27)
Operating Leverage and Profit (8:32)
The Degree of Operating Leverage (10:34)
Job-Costing and Direct vs Indirect Costs
Direct vs Indirect Costs: Example using Portal Guns! (11:20)
Manufacturing Costs and Product and Period Costs (5:21)
Raw Materials, Work in Process, and Finished Goods Inventory (7:41)
Prepare a Cost of Goods Manufactured Statement (9:44)
Journal Entries for Job Order Costing (11:43)
Predetermined Overhead Rate and Overhead Applied (6:00)
Prorating and Writing Off Under/Over Applied Overhead (13:47)
Process Costing
Job Order Costing vs Process Costing (12:14)
Process Costing- Prepare a Production Report (5:04)
Process Costing- Weighted Average Method (16:41)
Process Costing- FIFO Method (19:04)
Activity-Based Costing Systems
Activity Based Costing Systems (9:46)
The Absorption and Contribution Approach
The Absorption and Contribution Approach for Income Statements (7:29)
Absorption vs Contribution Approach Part 2 (10:28)
Support Costs and Joint Cost Allocation
What are Support Departments? (5:21)
Support Cost Allocation Using the Direct Method (7:11)
Support Cost Allocation using the Step Down Method (11:05)
Support Cost Allocation Using the Reciprocal Method (12:16)
Joint Cost Allocation
Joint Cost Allocation using the Physical Units Method (10:30)
Joint Cost Allocation using the Relative Sales Value Method (6:22)
Joint Costs Allocation using the Net Realizable Value Method (8:42)
Master Budgets and Cash Budgets
The Master Budget (5:21)
Cash Budget Part 1: Sales and Collections Budget (8:59)
The Cash Budget Part 2: Inventory Purchases Budget (12:37)
The Cash Budget Part 3: Operating Expenses Budget (5:13)
The Cash Budget Part 4: Financing Shortfalls and Interest (11:12)
Variance Analysis
Variance Analysis: Master (Static), Flexible and Actual Budgets (7:22)
Variance Analysis: Calculate Price and Usage Variances (6:49)
Variance Analysis: Actual Price and Standard Quantities (8:54)
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Interpreting Regression Output for the Cost Function
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