XMind

Managerial Accounting

1. Cost Concepts

   1. Cost Types

      1. Behavior

         1. Fixed

         2. Variable

   2. Cost Classifications

      1. Traceability

         1. Direct

         2. Indirect

      2. Controlability

      3. Function

         1. Product

         2. Period

      4. Relevance

         1. Sunk Cost

         2. Out-of-pocket Cost

         3. Opportunity Cost

2. Manufacturing Activities

   1. Balance Sheet

      1. Assets

      2. Liabilities and Equity

   2. Income Statement

      1. Sales

      2. COGS

      3. Gross Profit

      4. Operating Expenses

         1. Selling

         2. General and Administrative

      5. Income Before Tax

      6. Net Income

   3. Flow of Activities

      1. Raw Materials

      2. Goods in Process

      3. Finished Goods

   4. Manufacturing Statement

      1. Direct Materials

      2. Direct Labor

      3. Factory Overhead

3. Basics

   1. Purpose

      1. Predicting Cost

         1. Profitability Analysis

         2. Make/Buy

   2. Decisions

      1. Internal

      2. External

   3. Examples

      1. Lean Business Model

         1. Customer Orientation

      2. Lean Practices

         1. Continuous Improvement

         2. TQM

         3. Just in Time Manufacturing