ActivityBasedCostingABC.managerial accounting pptx

For students use who have a subject of managerial accounting

1. Prepared by: Patrick Santos For STI College- Lucena BRAIN EXERCISE

2. Managerial Accounting focus on reporting to? INTERNAL USERS EXTERNAL USERS

3. Managerial Accounting focus on reporting to? INTERNAL USERS EXTERNAL USERS

4. It refers to a measurement, in monetary terms, of the amount of resources used for some purposes. COST VALUE

5. It refers to a measurement, in monetary terms, of the amount of resources used for some purposes. COST VALUE

6. PRIME COST is equal to? direct materials cost + direct overhead direct materials cost + direct labor cost

7. PRIME COST is equal to? direct materials cost + direct overhead direct materials cost + direct labor cost

8. Conversion Cost is equal to? direct labor + factory overhead direct material + factory overhead

9. Conversion Cost is equal to? direct labor + factory overhead direct material + factory overhead

10. Which is true about Fixed cost ? Total amount varies while per unit amount is constant. Total amount is constant while per unit amount varies.

11. Which is true about Fixed cost ? Total amount varies while per unit amount is constant. Total amount is constant while per unit amount varies.

12. Cost function Y= a + bx is to: Y= Total Cost a= total fixed cost b= variable cost per unit x= level of activity or cost driver Y= Total Cost a= fixed cost per unit b= variable cost per unit x= level of activity or cost driver

13. Cost function Y= a + bx is to: Y= Total Cost a= total fixed cost b= variable cost per unit x= level of activity or cost driver Y= Total Cost a= fixed cost per unit b= variable cost per unit x= level of activity or cost driver

14. Using High-Low Cost Segregation Technique, to get variable cost per unit: Vcost /unit= Highest Cost-Lowest Cost Highest Activity Level- Lowest Activity Level Vcost /unit= Highest Activity Level- Lowest Activity Level Highest Cost-Lowest Cost

15. Using High-Low Cost Segregation Technique, to get variable cost per unit: Vcost /unit= Highest Cost-Lowest Cost Highest Activity Level- Lowest Activity Level Vcost /unit= Highest Activity Level- Lowest Activity Level Highest Cost-Lowest Cost

16. CONGRATULATIONS! Ready na for Different COSTING discussions.

17. ACTIVITY-BASED COSTING SYSTEM Prepared by: Patrick Santos For STI College- Lucena

18. Credits to Sir Kevin Troy Chua, CPA Thank you so much! 