Sumários

Chap 2 In-class exercises

20 Fevereiro 2024, 16:00 • James M. Kohlmeyer, III

In-class exercises: E22, E24, E27, E31

Chap 2 Lesson

19 Fevereiro 2024, 15:00 • James M. Kohlmeyer, III

I. Introduction

A. Basic terms: cost, cost accumulation, tracing costs

B. Cost behaviors

1. Variable

2. Fixed

3. Relevant range

II. Types of Costs

A. Three different sectors of economy

B. Manufacturing

1. Direct materials (DM)

2. Work in process (WIP)

3. Finished goods (FG)

C. Manufacturing costs-Big 3

!. DM

2. Direct labor (DL)

3. Manufacturing OH

D. Nonmanufacturing costs

1. Selling expenses

2. Administrative expenses

III. Product vs Period costs

A. Product

1. Inventoriable

2. DM + DL + OH

3. Initially assigned to inventory (WIP) and then expensed when product sold

B. Period cost

1. Not inventoriable (directly goes to income statement)

2. Not in Cost of goods manufacturing (COGM) statement

IV. Cost Flows

A. Income statement

B. COGM statement

V. Miscellaneous (prime vs conversion cost)

Chap 1

16 Fevereiro 2024, 17:30 • James M. Kohlmeyer, III

A. Introduction

B. Difference between management and financial accounting

C. Strategy - game plan (cost leadership vs. product differentiation)

D. Value chain/Supply chain

E. Success Factors

F. Five-step decision-making

G. Planning & Control

H. Professional Ethics

I. Sarbanes-Oxley Act of 2002 (i.e. Worldcom)

J. Exercises 22, 29

Ethics and Worldcom (Sarbanes Oxley of 2002)

16 Fevereiro 2024, 13:30 • James M. Kohlmeyer, III

A. Professional Ethics

B. Sarbanes-Oxley Act of 2002

C. Exercises 22, 24, 26, 29

Chapter 1 Lecture

14 Fevereiro 2024, 15:30 • James M. Kohlmeyer, III

Chapter 1 Lesson Plan Outline