Relevant Costs - Managerial Accounting Decisions & Scenarios

Review core managerial accounting concepts to apply managerial decisions and develop a managerial mindset, distinguishing it from financial accounting.

Access a downloadable PDA file to supplement the instructional video for the managerial accounting introduction.

Learn how managerial accounting serves internal management for decision making, with customizable reports beyond standardized financial statements for external users and GAAP, and focus on future and department-level analysis.

Access a downloadable file to supplement the instructional video and review the 20 cost classifications in this relevant costs course on managerial accounting decisions and scenarios.

Explore how costs are classified by behavior into fixed and variable costs and by function into direct and indirect costs, with emphasis on projections and overhead allocation.

Download a pdf that supplements the instructional video on product costs and period costs within relevant managerial accounting decisions.

Explore product costs—direct materials, direct labor, and overhead—and period costs such as selling and administrative expenses, plus overhead allocation and depreciation in manufacturing.

Access a downloadable PDA file that supplements the instructional video and reinforces prime costs and conversion costs in relevant managerial accounting decisions.

Explore prime costs and conversion costs in manufacturing, including direct materials, direct labor, and overhead, and how they flow into inventory and production costs.

Access a downloadable pda file to supplement the instructional video for this balance sheet-focused lecture.

Compare a manufacturer’s balance sheet to a service company, highlighting raw materials, work in process, finished goods, and direct labor that, with overhead, becomes cost of goods sold.

Download a pda file to supplement the instructional video, accompanying the pdf 60 manufacturer's income statement in relevant costs and managerial accounting decisions.

Explore how manufacturers calculate cost of goods sold using beginning inventory and cost of goods manufactured to derive cost of goods available for sale, then subtract ending finished goods.

Downloadable PDA file serves as a supplement to the instructional video and complements the PDF 70 manufacturing activities flow within relevant costs and managerial accounting decisions.

Trace the manufacturing activities flow, from materials, direct labor, and overhead through work in process to finished goods, yielding cost of goods manufactured and cost of goods sold.

Explore just-in-time manufacturing concepts and relevant costs, and access a downloadable PDA file that supplements the instructional video.

Explore the just in time inventory system, where production starts after customer orders, enabling customization, reduced inventory and strong supplier relationships with clear communication, while noting risks.

Apply relevant cost analysis to the make or buy decision, weighing internal production versus external sourcing, with a PowerPoint presentation and a three-tab Excel practice problem.

Access a downloadable PDA file to accompany the next presentation and supplement the instructional video on make or buy decisions.

Analyze a make or buy decision for 61,000 units, separating fixed and variable costs; compare making 976,000 vs buying 1,159,000 at 19 per unit, and conclude making.

Download the Excel worksheet included in the next presentation to practice relevant costs and managerial accounting decisions with hands-on, practical analysis.

Analyze make or buy decisions by building incremental cost tables in Excel, separating variable and fixed costs (direct materials, direct labor, overhead) to decide whether to make or buy.

Analyze multiple choice questions on common management accounting concepts such as future outlay of cash, sunk cost, opportunity cost, and out-of-pocket cost, using elimination to identify relevant costs.

Explore relevant costs in managerial accounting decisions and scenarios with an accounting comic break to engage learners.

Explore how to decide when to scrap or rework damaged inventory and whether to sell now or process further, using relevant cost concepts.

Download the PDA file to supplement the instructional video, enhancing understanding of scrap or rework decisions within relevant costs and managerial accounting scenarios.

explore a scrap or rework decision in managerial accounting, comparing scrap, disassemble for parts, and repair options while ignoring sunk costs to select the optimal choice.

Download the Excel worksheet included in the next presentation to access a practical tool for the managerial accounting module.

Build from-scratch excel tables to compare scrap or rework options—selling as is, disassembling, or repairing—and compute incremental revenue, costs, and net income.

Download an Excel worksheet featured in the upcoming presentation to explore relevant costs in managerial accounting decisions.

Evaluate scrap vs rework for 1,175 units by comparing salvage value of 33 per unit, repair cost 88 per unit, and post-repair price of 146 to select the profitable option.

Downloadable PDA file provides a supplement to the instructional video, supporting the sell or process further topic in managerial accounting.

Evaluate whether to sell as is or process further, recognizing sunk costs are irrelevant; processing yields higher net profit (25,600) after processing costs.

Download an Excel worksheet in the upcoming presentation to explore relevant costs in managerial accounting decisions and scenarios.

This worksheet compares selling as is versus processing further for 11,200 units, showing incremental revenue of 44,800 and incremental costs of 19,200 for net gain of 25,600, so process further.

Explore managerial accounting decisions through multiple choice questions on sunk cost, opportunity cost, and incremental cost, with a hands‑on test‑taking approach to identify relevant costs for a new project.

Explore relevant costs in managerial accounting with an engaging accounting comic break that illustrates decision scenarios.

Apply relevant cost analysis to determine the optimal sales mix of multiple inventory types by weighing demand, selling price, contribution margin, and bottleneck-driven production constraints.

Access a downloadable PDA file as a supplement to the instructional video, enhancing understanding of product mix decisions in managerial accounting.

analyze a two-product mix under machine-hour constraints to maximize contribution margin. show that increasing hours favors product a; proposal 1 is profitable, proposal 2 is not due to fixed costs.

Explore how to access and download the Excel worksheet for the upcoming presentation, enabling hands-on analysis of relevant costs in managerial accounting scenarios.

Analyze sales mix under a machine-hours constraint, calculating contribution margins per hour for products A and B to optimize operating income. Evaluate added hours, advertising, and fixed costs.

The next presentation will include a downloadable Excel worksheet to support the discussion on relevant costs and managerial accounting decisions.

Determine the optimal sales mix under direct labor hour constraints. Analyze contribution margins per direct labor hour for products a and b, allocate hours to maximize total contribution margin.

Evaluate make-or-buy and processing decisions through multiple-choice scenarios, analyzing variable costs, fixed and incremental overhead, and incremental revenue to identify the most profitable option.

Explore relevant costs in managerial accounting decisions and scenarios, and enjoy an accounting comic break.

Explore how relevant costs influence managerial decisions through an engaging accounting comic break that illustrates scenarios in cost analysis.

Analyze the segment elimination decision by applying relevant costs and not relevant costs to decide whether a department or division should be eliminated.

Access a downloadable pda file to accompany the instructional video, reinforcing the department operating at a loss scenario within the relevant costs course.

Analyze whether to close a loss-making department by evaluating relevant costs, distinguishing avoidable from non-avoidable expenses, and recognizing cost allocations like depreciation and central office costs.

Discover a downloadable Excel worksheet accompanying the next presentation, aligned with the relevant costs focus in managerial accounting decisions.

Explore how to decide segment elimination using a detailed Excel worksheet. Analyze relevant costs, direct versus indirect expenses, allocations, and forecasted income to guide managerial decisions.

Analyze common managerial accounting questions, identify sunk, relevant, and opportunity costs, then perform a product mix decision using contribution margin per machine hour for products A and B.

Explore relevant costs within managerial accounting decisions and scenarios, delivered with an accounting comic break to reinforce practical concepts and decision-making.

Explore how to apply relevant costs to decide whether to keep old equipment or buy new, considering book value, depreciation, upfront costs, efficiency gains, and the sunk cost fallacy.

Access a downloadable pda file that supplements the instructional video for the equipment keep old or purchase new scenario in relevant costs and managerial accounting decisions.

Evaluate whether to keep the old equipment or buy new, focusing on relevant costs, salvage value, reduced variable costs, sunk cost avoidance, and time value of money in capital decisions.

Access an Excel worksheet download in the next presentation to analyze relevant costs for managerial accounting decisions and scenarios.

Analyze relevant costs to decide whether to keep old equipment or purchase new by comparing salvage value, reduced variable costs, and incremental income, treating book value as a sunk cost.

Explore make-or-buy and processing decision scenarios through practical multiple-choice questions. The lecture emphasizes fixed vs variable costs, overhead considerations, and incremental revenue calculations with real examples.

Explore relevant costs through a lighthearted accounting comic break that illustrates practical managerial decision scenarios.

Assess one-time special offers by weighing relevant costs and potential benefits to accept or deny without impacting normal operations, illustrated by a theater ticket example.

Access a downloadable PDA file that accompanies the instructional video, providing a supplemental resource for the lesson on accept or reject decisions in managerial accounting.

Analyze the decision to accept or reject a hotel's special offer by identifying relevant costs, including variable costs and contribution margin, while considering fixed costs.

The next presentation includes a downloadable Excel worksheet for exploring relevant costs in managerial accounting decisions and scenarios.

an Excel-based special offer analysis compares normal and new business units, calculates variable and fixed costs, and shows a bottom-line gain of about 44,800.

Download the Excel worksheet included in the upcoming presentation to practice relevant costs and decision scenarios in managerial accounting.

Explore evaluating a special offer in Excel by setting up data and a table to compare normal and additional volume, split fixed and variable costs, and compute operating income.

Access a downloadable Excel worksheet in the next presentation to support managerial accounting decisions and analyze relevant costs.

This worksheet evaluates a 900-unit special offer, at a 450 price versus 490, within capacity constraints, using 185 variable cost and 48,000 added fixed costs to assess incremental income.

Download an excel worksheet from the upcoming presentation to explore relevant costs in managerial accounting decisions and scenarios.

Compute service prices by totaling direct labor (74% of 85 hours), direct materials (5100), and a 30% materials markup, then sum for the price. Note prices vary without inventory costs.

Explore managerial accounting decision making through multiple choice questions, analyzing incremental income from processing options and special orders, focusing on incremental revenue, costs, and net income.

Explore how to evaluate a one-time order by calculating incremental revenue and incremental cost, distinguishing variable costs from fixed costs, and mastering test-taking steps for managerial accounting decisions.

Explore managerial accounting decisions and scenarios through an engaging accounting comic break, linking relevant costs to practical cost decisions and business outcomes.

Explore how to set the sales price using cost data by examining the total cost method with per unit cost and markup, and the variable cost method.

Find a downloadable PDA file to complement the instructional video, providing a practical supplement for the lecture.

Set sales price using cost data with two approaches: total cost method (fixed and variable costs plus markup) and variable cost method (total variable costs with target profit).

Download the Excel worksheet included with the next presentation to practice relevant costs in managerial accounting decisions.

Apply the total cost method to set the selling price by totaling variable and fixed costs, allocating fixed costs over 10,900 units, then applying a 10% markup.

Downloadable Excel worksheet accompanies the next presentation, giving learners access to relevant costs and managerial accounting decisions.

Learn to set the selling price using a variable cost method, using direct materials, direct labor, and variable overhead per unit, plus fixed costs and target profit.

Expect a downloadable Excel worksheet in the next presentation. Explore relevant costs within managerial accounting decisions and scenarios through this downloadable tool.

Learn how to set target cost to meet a market price of seventy-five dollars and a 20 percent profit margin, using Excel's Goal Seek to determine the required cost.

Analyze managerial accounting decisions through multiple choice questions, highlighting relevant costs and sunk costs, time value of money considerations, and division elimination scenarios to determine net income impact.

Explore managerial accounting decisions via multiple choice questions and practice test-taking, determine a price for a new product using the total cost method with a 30% markup on 10,000 units.

explore relevant costs within managerial accounting decisions and scenarios, and enjoy an accounting comic break that reinforces key concepts in a fun, memorable way.