COMM 112
Queen's
Course Overview
Lessons & Practice
1. Managerial Accounting and the Business Environment
8min2. Cost terms, concepts & classifications
45min3. Cost-Volume-Profit Analysis
1.2hr4. Job-Order Costing
36min5. Process Costing
39min6. Activity Based Costing
23min- 6.I. Chapter Intro40 sec
6.2.1. What is Activity-Based Costing?3 min6.2.2. Value-Added vs Non-Value Added Activities1 min6.2.3. Activity-Level Groups6.2.4. Example Problem: Activity-Based Costing8 min6.2.5. Traditional Costing1 min6.2.6. Example Problem: Traditional Costing5 min6.2.7. Practice Question: ABC & Traditional Costing4 min
7. Variable vs Absorption Costing
24min8. Budgeting
42min- 8.I. Chapter Intro54 sec
8.1.1. Types of Budgets4 min8.1.2. Flexible vs Static Budget10 min8.1.3. Example: Preparing a Flexible Budget9 min8.1.4. Example: Preparing a Flexible Budget Performance Report7 min8.1.5. Example: Preparing a Comprehensive Budget Performance Report5 min8.1.6. Practice: Comprehensive Budget Performance5 min
9. Standard Costing & Variance Analysis
17min10. Relevant Costs for Decision Making
44min- 10.I. Chapter Intro1 min
10.1.1. What is Incremental Analysis2 min10.1.2. Special Orders1 min10.1.3. Example Problem: Special Order6 min10.1.4. Practice Question: Special Order3 min10.1.5. Make or Buy2 min10.1.6. Practice Question: Make or Buy5 min10.1.7. Example Problem: Make or Buy2 min10.1.8. Sell or Process Further3 min10.1.9. Example: Sell or Process Further2 min10.1.10. Practice: Sell or Process Further4 min10.1.11. Allocating Limited Resources2 min10.1.12. Example: Allocating Limited Resources7 min10.1.13. Practice: Allocating Limited Resources4 min
