1-1 Chapter 1 An Introduction to Managerial Accounting and Cost Concepts Introduction to Managerial Accounting MSc. Mohammad Hicham Khalil Objectives 1. Comparison of Financial and Managerial 2. 3. 4. 5. 6. 7. 8. Accounting. General Cost Classifications. Product Cost versus Period Cost. Cost Classifications on Financial Statements. Cost Classifications for Predicting Cost Behavior. Cost Classification for Assigning Costs to Cost Objectives. Cost Classification for Decision Making
Premium Costs Variable cost Management accounting
Reflection on 12 Angry Men When the scene is introduced‚ the twelve men are discussing how to sentence someone who may have committed murder in the first degree. However‚ we quickly realize that all of the men have different things going through their mind and even more complicated ways of expressing them. Jack Warden is a baseball enthusiast who has no regard for other people’s opinions or Henry Fonda asking the jurors to discuss what occurred. He lacks emotional self-perception which can be
Premium Jury Not proven Verdict
Name:_______________________________________________________________________ P5 – Describe own use of four observational techniques to observe children M3 – Interpret observations to show how observations can be used for assessing‚ recording and planning D2- Evaluate the observational techniques used including the longitudinal method. Describe the observation method used and how you used it. (P5) Interpret each observation method – how could it be used to assess‚ record and plan. (M3) Evaluate
Premium Scientific method Developmental psychology Psychology
face more and more serious challenges that caused by human activity‚ such as industries activity and commercial activity (Shaw et al. 2013‚ p312-315). When people engage the business activities they will spend the money of input to improve their production and promote their development (Shaw et al. 2009‚ p312-314). Their will get the input to push commercial activities from the nature environment‚ meanwhile the activities of output will bring the pollution to nature environment‚ so the businesses
Free Pollution Waste United States Environmental Protection Agency
12 Angry Men This movie shows and displays many social psychological events. In the beginning we see the jury of twelve men which would normally lead to a groupthink phenomenon. Group think is a psychological phenomenon that occurs within a group of people that show a desire for harmony and conformity within the group. (Myers p. 291) Which would result in an incorrect decision making and wrong outcome‚ and the incorrect decision would be the life of the boy. In the movie we see eleven jurors
Free Social psychology Sociology Social influence
Investigatory Project: THE FEASIBILITY OF MAKING SHOE POLISH OUT OF USED COOKING OIL AND CALAMANSI JUICE ABSTRACT This study aims to use used cooking oil as shoe polish rather than just throwing it away (which can cause drainage clogging). Calamansi juice is also added to add more viscosity to the product. This study also promotes natural and organic products. CHAPTER I INTRODUCTION Background of the study: Oil is one of the basic needs in our home. Yet‚ it is very expensive nowadays
Premium Linoleic acid
Thomas Edison State College Principles of Managerial Accounting (ACC-102) Final Project 1. Cost-volume-profit relationships (15 points) The following data are available for a product manufactured and sold by Logan Company: Compute the following: (a) Contribution margin per unit: $_______________ Solution: Computation of the Contribution margin per unit Contribution margin per unit = Selling price per unit – Variable Cost per unit Where as Selling price per unit = 212 Variable Cost per
Premium Variable cost Costs Cash flow
Internal managerial accounting systems are used to provide great information so that the management team can make great decisions. According to http://smallbusiness.chron.com/objectives-internal-managerial-accounting-systems-20945.html manufacturing plants uses these systems to help in costing and managing the manufacturing process. The main objective is to make an internal managerial accounting system provide the information to the mangers so that they can make good sound decisions. The goal is
Premium Management
AS A TOOL IN THE FIELD OF SOCIAL WORK SUBMITTED TO MR. GARNETT ROPER‚ PHD IN PARTIAL FULFILLMENT OF THE REQUIREMENTS OF THE COURSE READING THE BIBLE AS LITERATURE BY SASHA LEE WILMOT KINGSTON‚ JAMAICA NOVEMBER 23‚ 2012 The film 12 Years A Slave‚ though disturbing as it was‚ is a film of the harsh reality many of our forefathers had to go through many years ago. The film focuses on particular Black American character whose name in the movie is Solomon Northup. He was tricked and
Premium Slavery Slavery in the United States Black people
Managerial Accounting Analysis of Concepts and Techniques Managerial Accounting BUS 630 Managerial Accounting Analysis of Concepts and Techniques Introduction/Thesis Statement Managerial accounting is a concept used in businesses to manage internal systems. Understanding the importance of effective decision making‚ planning and control creates a foundation for value within the company on a more in depth level. Planning and controlling is measured by performance based on budgeting accounts
Premium Management accounting Cost accounting