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Prepared by Coby Harmon University of California, Santa Barbara Westmont College

Prepared by Coby Harmon University of California, Santa Barbara Westmont College. 19. Managerial Accounting. Learning Objectives After studying this chapter, you should be able to: [1] Explain the distinguishing features of managerial accounting.

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Prepared by Coby Harmon University of California, Santa Barbara Westmont College

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  1. Prepared by Coby Harmon University of California, Santa Barbara Westmont College

  2. 19 Managerial Accounting Learning Objectives After studying this chapter, you should be able to: [1] Explain the distinguishing features of managerial accounting. [2] Identify the three broad functions of management. [3] Define the three classes of manufacturing costs. [4] Distinguish between product and period costs. [5] Explain the difference between a merchandising and a manufacturing income statement. [6] Indicate how cost of goods manufactured is determined. [7] Explain the difference between a merchandising and a manufacturing balance sheet. [8] Identify trends in managerial accounting.

  3. Preview of Chapter 19 Accounting Principles Eleventh Edition Weygandt Kimmel Kieso

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