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how to fill in some mis 5 ing information. Managerial vs . Financial Select whether the following characteristics are most often assoclated with managenal accounting
how to fill in some mising information.
Managerial vs Financial
Select whether the following characteristics are most often assoclated with managenal accounting or financial accounting.
Primarly used for Internal decision making
Generally Accepted Accounting Princlples GAAP must be used
Prepared statements usually pertain to the company as a whole rather than Individual departments or produdts
Information provided will often be subjective, such as estimated future results
often prepared on an asneeded basls rather than at fixed intervals
Cost Classification
Charles has provided some of the costs he expects to Incur as follows. Decide on the classlfications that could be applied to each of these costs using the table provided. The cost object in each case is the cheesecake.
Select "Yes" or No from the below dropdowns.
tableCosttableProductCosttablePeriodcosttableDirectMaterialstableDirectLabortableFactoryoverheadtableSellingExpensetableAdministrativeExpensetableDirectCosttableIndirectcosttablePrimeCosttableConversioncost
to make
cheesecakes
Baker's
wages
Delvery
driver
wages
Depreclation
of office
computers
Power to run
the
cheesecake
ovens
President's
salary
Sales
commissions
Factory
supervisor
salary
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