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Fill in the blanks ( 2 points per space, 2 0 points total ) ( 1 ) Management accounting is a branch of accounting that
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Management accounting is a branch of accounting that mainly provides decision support for the of the enterprise. It involves the collection, analysis, interpretation, and transmission of accounting information to help to make more informed choices during planning, control, and decisionmaking processes.
Activity cost drivers are factors that influence such as machine hours, labor hours, material consumption, etc. Activitybased costing considers costs to be driven by rather than simply being allocated based on the number of products.
The comprehensive budget preparation methods include fixed budgets and incremental budgets and periodic budgets and The methods for transferring the cost of finished products include firstin firstout FIFO weighted average method, etc.
The auxiliary methods for product cost calculation include
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