Managerial Business
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
|
|
||||
|---|---|---|---|---|---|
| Product Costs | show 🗑
|
||||
| show | non-manufacturing cost. selling & administrative expenses & other other expense such as taxes & interest. Ex: salaries and wages of the accounting staff, rent for the admin building, sales commissions paid to sales reps, utilities paid for marking office
🗑
|
||||
| Job order costing system | show 🗑
|
||||
| Process costing system | show 🗑
|
||||
| direct costs | show 🗑
|
||||
| show | Allocated to the Manufacturing Overhead account
🗑
|
||||
| Manufacturing Overhead | show 🗑
|
||||
| show | as a company incurs costs related to a job, it adds cost to which then is added to WIP Inventory
🗑
|
||||
| Finished Goods Inventory | show 🗑
|
||||
| Cost of Good Sold, an expense | show 🗑
|
||||
| show | Reports must follow GAAP, reports audited annually by independent certified public accountants, helps investors make investment decisions
🗑
|
||||
| Managerial Accounting | show 🗑
|
||||
| show | Direct Materials + Direct Labor
🗑
|
||||
| show | Direct Labor + Manufacturing Overhead
🗑
|
||||
| show | External parties for whom financial accounting reports are prepared
🗑
|
||||
| Controlling | show 🗑
|
||||
| Managers | show 🗑
|
||||
| show | The management function that involves choosing goals and deciding how to achieve them
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
normh80
Popular Accounting sets