| 14.3% |
Explain the need for accounting information in operating a business and making business decisions. |
20% |
20% |
20% |
20% |
20% |
20,
20,
20,
20,
20
|
|
| 14.3% |
Identify and define different classifications of cost such as period and product, direct and indirect, variable and fixed. |
20% |
20% |
20% |
20% |
20% |
20,
20,
20,
20,
20
|
|
| 14.3% |
Identify and explain various types of costing methods, such as job-order and process costing. |
20% |
20% |
20% |
20% |
20% |
20,
20,
20,
20,
20
|
|
| 14.3% |
Compute overhead rates and apply overhead in a costing system. |
20% |
20% |
20% |
20% |
20% |
20,
20,
20,
20,
20
|
|
| 14.3% |
Prepare journal entries to record the flow of materials, labor, and overhead through a costing system. |
20% |
20% |
20% |
20% |
20% |
20,
20,
20,
20,
20
|
|
| 14.3% |
Compute the contribution margin and break-even point and understand the basics of a cost-volume-profit (CVP) analysis. |
20% |
20% |
20% |
20% |
20% |
20,
20,
20,
20,
20
|
|
| 14.3% |
Compute direct material, direct labor, and variable manufacturing overhead standard cost variances and explain their significance. |
20% |
20% |
20% |
20% |
20% |
20,
20,
20,
20,
20
|
|