UNIT COSTS

UNIT COSTSUNIT COSTSPROCESS COST SYSTEMThe process cost system is used by firms manufacturing identical products in a continuous mass production. As opposed to job order Read more

MANAGERIAL ACCOUNTING

MANAGERIAL  ACCOUNTINGMANAGERIAL  ACCOUNTINGFINANCIAL VS. MANAGERIAL ACCOUNTINGAccounting information is usually divided into two types: 1) financial and 2) managerial. Financial information (i.e. balance sheet and income Read more

COST VOLUME PROFIT RELATIONSHIPS

COST VOLUME PROFIT RELATIONSHIPSCOST VOLUME PROFIT RELATIONSHIPSCOST-VOLUME-PROFIT RELATIONSHIPSCost-volume-profit analysis examines the interrelationships between costs, revenues, selling prices, revenues, production volume and profits. Cost-volume-profit analysis is Read more

CORPORATIONS

CORPORATIONSCORPORATIONSINTRODUCTION TO CORPORATIONSA corporation is an legal entity created by state law. It has a distinct and separate existence from the individuals who created it, Read more