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Management Accounting for beginners

Cost classification
Meaning of management accounting - short and clear explanation
Preview
Manufacturing costs and non-manufacturing costs
Product costs and period costs
Direct costs and indirect costs
Test your knowledge of costs
The concept of breakeven analysis
Fixed costs, variable costs and mixed costs
Fixed costs, variable costs and mixed costs - example
Breakeven analysis
Breakeven analysis - example
Breakeven analysis - exercise
Methods for inventory valuation
First in first out method (FIFO)
Weighted Average method
Different costing methods
Job order costing - theory and example
Process costing - theory
Process costing - example
Marginal costing - theory
Marginal costing - example
Absorption costing - theory
Absorption costing - example
Exercise your knowledge of marginal costing and absorption method
The process of overhead allocation
Predetermined overhead rate
Predetermined overhead rate - example
Predetermined overhead rate - exercise

Cost classification

Management Accounting for beginners
By: Viktoria Nedelcheva
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