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Product costing

Three Sections – Three Cases. AC 440 Cost Accounting. Product costing. Budgetary control and decision making. Incentives in decentralized organizations. Puzzle Pieces. Learning from each other. Knowledge base. Analyzing business issues. Fun. Drawing connections. Problem-solving:

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Product costing

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  1. Three Sections – Three Cases AC 440 Cost Accounting • Product costing • Budgetary control and decision making • Incentives in decentralized organizations

  2. Puzzle Pieces Learning from each other Knowledge base Analyzing business issues Fun Drawing connections Problem-solving: “No pain, no gain.” Skill set Discussing

  3. 1 Chapter Managerial Accounting and the Business Environment Planning Scorekeeping Decision-making Product costing Coordination Attention directing Budgeting Problem solving Control Performance measurement

  4. Areas of Planning, Coordination, and Control R & D Product Design Production The Value Chain Marketing Distribution Customer Service

  5. Managerial vs. Financial Accounting Relevant vs. reliable and comparable Timely vs. precise What data on workers? Segmented vs. aggregated

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