Responsibility Accounting & Performance Measurement

Explore the core concepts of managerial accounting, the overlap with cost accounting, and how these building blocks empower cost-volume-profit analysis as we transition from financial accounting.

Download a PDA file to supplement the instructional video in responsibility accounting and performance measurement.

Discover how managerial accounting serves internal decision making with customizable, unit-level reports and future-focused analysis. Compare this to financial accounting's external, regulated statements and standardized GAAP requirements.

Access a downloadable PDA file that supplements the instructional video, guiding your study of cost classifications within responsibility accounting and performance measurement.

Classify costs by behavior into fixed and variable costs to inform production projections. Explain direct versus indirect costs, and how overhead, depreciation, and maintenance are allocated for inventory.

Access a downloadable file that supplements the instructional video on 30 product costs and period costs, highlighting how cost measurement supports responsibility accounting and performance evaluation.

Explore how product costs—direct materials, direct labor, and overhead—combine to form inventory in manufacturing. Distinguish period costs, learn overhead allocation, and see how depreciation and administrative costs are treated.

Access a downloadable pdf supplement to the instructional video, reinforcing prime costs and conversion costs in responsibility accounting and performance measurement.

Explore prime costs and conversion costs in manufacturing. Link direct materials, direct labor, and overhead to inventory, and distinguish them from direct vs indirect costs and period costs.

Access a downloadable pda file that supplements the instructional video for the 50 manufacturer’s balance sheet lecture.

Explore how a manufacturer’s balance sheet shows inventory as a current asset with raw materials, work in process, and finished goods, including direct labor and overhead.

Explore responsibility accounting and performance measurement through a downloadable pda file that supplements the pdf, 60 manufacturer's income statement video.

Compare a manufacturer's income statement with service and merchandiser models. Learn the cost of goods sold formula, beginning inventory, purchases, and cost of goods manufactured.

Access a downloadable PDA file to supplement the instructional video for responsibility accounting and performance measurement, covering the 70 manufacturing activities flow.

Explore the manufacturing activities flow and how materials, work in process, direct labor, and overhead become the cost of goods manufactured and cost of goods sold.

Download a pdf file to supplement the instructional video. Explore just-in-time manufacturing within the responsibility accounting and performance measurement course.

Explore how the just-in-time inventory system starts to assemble after receiving an order, enabling customization and reducing warehouse costs through close supplier coordination and timely delivery.

Describe what a responsibility accounting system is, introduce its tools, and discuss its pros and cons, with future presentations showing tool-based examples.

Explore controllable vs. uncontrollable costs within responsibility accounting and performance measurement, guided by the lecture’s downloadable PDA file that supplements the instructional video.

Understand controllable versus uncontrollable costs in responsibility accounting, assigning performance to managers for costs they control, such as department supplies, and separating long-term items like rent.

Download a PDA file to supplement the instructional video in the responsibility accounting system lecture.

Explains a responsibility accounting system in a decentralized organization, assigning controllable costs to managers and excluding uncontrollable ones, guided by an organizational chart and hierarchical reporting.

Access a downloadable PDA file that supplements the instructional video for responsibility accounting performance reports.

Analyze responsibility accounting performance reports for departments C and T and the central office, focusing on budgeted versus actual costs and controllable costs.

Download an Excel worksheet from the upcoming presentation to support responsibility accounting and performance measurement analysis.

Construct responsibility accounting performance reports by comparing budgeted vs actual for departments C and T, allocating blue and orange items to department and regional managers, and calculating differences.

Practice responsibility accounting concepts through multiple-choice questions, identifying centers like cost center, service center, maintenance center, production center, profit center, and investment center, and applying test-taking strategies.

Explore responsibility accounting and performance measurement through an engaging, lighthearted accounting comic break that illustrates how accountability drives financial performance.

Explore direct and indirect expenses in managerial accounting, showing how to classify costs by segment and allocate indirect costs using allocation bases across departments.

Access a downloadable PDA file that supplements the instructional video, and explore the role of direct and indirect expenses in responsibility accounting and performance measurement.

Analyze how direct expenses stay with a department while indirect costs are allocated across departments using ratio analyses, such as sales-based allocation, within responsibility accounting.

Explore responsibility accounting concepts and practice identifying direct versus indirect expenses traced to a department, including controllable versus uncontrollable and normal versus standard expenses, through test-taking strategies.

Explore responsibility accounting and performance measurement through an accounting comic break that clarifies how accountability drives results and evaluates performance.

Explore indirect expenses allocation through multiple methods and bases, using activity-based ratios, with practical Excel templates, examples, and step-by-step instructional videos.

Explore indirect expenses allocation within responsibility accounting and use the downloadable PDA file as a supplement to the instructional video.

Explore how to allocate indirect expenses across departments using activity-based bases, ratio analyses, and fair cost drivers such as square footage, hours worked, and revenue.

Access a downloadable PDA file that supplements the instructional video on indirect expense allocation for the course responsibility accounting & performance measurement.

Allocate indirect expenses to departments using chosen activity bases and percentage allocations; explore bases such as sales, square footage, and number of employees, and justify fair allocations.

Download an Excel worksheet from the upcoming presentation to explore responsibility accounting and performance measurement concepts.

Build a two-department contribution income statement by allocating indirect expenses using sales, square footage, and headcount bases, and assess department performance with overhead contributions and elimination considerations.

Access a downloadable PDA file that supplements the instructional video for the allocation of occupancy costs in responsibility accounting and performance measurement.

Allocate occupancy costs across departments using an activity-base approach, balancing simplicity and fairness. Weigh value-based costs against usage-based costs and communicate complex methods clearly.

Explore responsibility accounting and performance measurement by downloading an Excel worksheet from the upcoming presentation.

Explore how to allocate occupancy costs between departments using square footage and market value methods, separating value-based and usage-based costs for departments C and L.

Practice analyzing responsibility accounting questions using a process of elimination to classify expenses as fixed, overhead, direct, indirect, or variable, and identify direct expenses for salaries in a single department.

Dive into responsibility accounting and performance measurement with a playful accounting comic break that clarifies accountability and decision-making in organizations.

Explore departmental income statements, their benefits, and the step-by-step process to assemble them. Practice with example problems using Excel worksheets—three tabs: answer, preformatted fillable, and blank with instructional videos.

Access a downloadable PDA file that supplements the instructional video, detailing the PDF 200 departmental income statement steps.

Accumulate revenue and direct expenses by department, then allocate indirect costs and service department expenses to operating departments using allocation methods, and finally prepare the departmental income statement.

Access a downloadable PDA file to supplement the instructional video, guiding you through departmental income statement steps.

Explore building a departmental income statement by accumulating revenues and direct expenses, allocating indirect and service department costs to operating departments using activity bases, and presenting department contribution and overhead.

The next presentation will include an Excel worksheet that we can download for our use.

Allocate indirect costs to departments A, B, and C using a sales value basis, recalculating cutting, harvest time, and delivery costs to reveal differing net income and guide decision making.

Explore responsibility accounting through multiple-choice questions, focusing on allocating indirect expenses, direct costs, and steps to prepare operating department income statements, including service department and uncontrollable costs.

Explore responsibility accounting and performance measurement through a lighthearted accounting comic break that clarifies key concepts with practical examples.

Access a downloadable PDA file that supplements the instructional video and review the pdf for the 212 forecasted departmental income statement.

Explore responsibility accounting and performance measurement through a downloadable Excel worksheet provided in the upcoming presentation.

Forecast a departmental income statement for C, M, and new department P using sales growth, gross profit margin, COGS, and allocated rent, utilities, and office expenses to support managerial decisions.

Explore responsibility accounting concepts through choice questions on cost allocation bases for advertising campaigns. Practice elimination strategies to identify the best bases and controllable costs managers can significantly affect.

Explore responsibility accounting and performance measurement through an engaging comic break that reinforces key concepts and practical decision-making in managerial accounting.

Learn how to calculate ROI and evaluate an investment center using example problems and Excel worksheets, including answer tab, a pre formatted tab, and a blank tab with instructional videos.

Access a downloadable PDA file that supplements the instructional video on investment center return on investment.

Explore how return on investment (roi) is calculated for investment centers using net income, sales, and average assets. Learn the breakdown into profit margin and investment turnover.

Download an Excel worksheet from the next presentation, providing a practical tool for responsibility accounting and performance measurement.

Explore responsibility accounting by identifying controllable and uncontrollable costs and the system that tracks costs under each manager's control prior to the reporting period with flexible budgets.

Allocate office expenses to departments using ratios based on employees, net sales, and cost of goods sold, then refine payroll and maintenance through stepwise allocations and square footage.

Explore responsibility accounting and performance measurement through an engaging accounting comic break that illustrates key concepts with humor.

Learn how the balanced scorecard evaluates department segments by outlining its components and showing how they fit together to assess overall departmental performance.

Access a downloadable PDA file that supplements the instructional video, enhancing learning with a practical balance scorecard resource.

Apply a balanced scorecard approach to measure department performance with financial perspectives, customer perspective, internal processes, and innovation and learning, ensuring transparency and alignment with long-term goals.

Explore responsibility accounting with multiple-choice questions on controllable costs, cost center managers, and evaluating departmental total costs using controllable and direct costs.

This lecture clarifies responsibility accounting and performance reports, showing higher-level summaries, the need to display actual and budgeted costs, and the system's applicability beyond manufacturing to controllable costs.

Practice short calculation problems in responsibility accounting by allocating rent and expenses via square footage and ratios, including enrollments and investment turnover, with Excel checks.

Explore responsibility accounting and performance measurement with an accounting comic break, illustrating how metrics influence managerial evaluation and performance insights.

Explore a comprehensive problem using Excel worksheets, with three tabs: an answer tab, a preformatted data-entry tab, and a blank sheet for custom work, plus instructional videos.

Download the Excel worksheet from the upcoming presentation and use it to explore responsibility accounting and performance measurement concepts.

Learn how to allocate direct and indirect expenses to service and sales departments using floor space and employee ratios, calculate department contributions, and assess overhead in responsibility accounting.

Practice responsibility accounting with mcqs, exploring allocation bases for salaries and rent, such as number of customers advised and square footage. Examine performance measures like balanced scorecard and non-financial indicators.

Explore responsibility accounting and performance measurement through an accounting comic break that uses humor to illustrate key concepts and metrics.