1. What Managerial accounting is & how it works in business & organization?
2. Cost of goods & manufacturing, how it works & its components?
3. Product cost VS. period cost:
4. Calculate cost of goods sold:
5. Calculate cost of goods manufactured:
6. What process & job cost is and the difference?
7. Job cost sheet is?
8. Journal entries for job & process costing?
9. Material requisition is & journal entries for those:
10. Calculate predetermine rate:
11. Overapplied & underapplied for manufacturing overhead:
12. What it means Equivalent units of production:
13. Production cost reports are:
14. Calculate manufacturing overhead using predetermine rate:
15. Equivalent units are & what they are for material & conversion:
16. Calculate How many units need to produce when they give you your beginning process and working process?
17. What Variable cost is:
18. What Fixed cost are:
19. What Mixed cost are:
20. Calculate contribution margin Per unit.
    1. 3. methods ONLY need to know 2 of them: NOT the graph method.

21.How to calculate Break even: & definition of break even

22. Calculate marginal safety:

23. CVP income statement is & how to calculate it :

24. What a Master budget is:

Why we use budgets & why its useful

25. What a Financial budget is:

26. What a Operating Budget is:

Be able to know how to calculate sales based on those sales.

27. Calculate direct labor cost:

28. Question on cash: how to calculate the available cash?

29. example of cash: accounts receivable sales how much cash will receive?

30. Buy & how much cash in bank & you have to calculate how much cash you need to borrow?

31. What to do with a budget once you have a variance:

32. what a Flexible budget is?

33. what Materiality means?

34. Some numbers on sales do calculate on how many units need to produce?

35. Calculate manufacturing cost based on data on variable & fixed cost?

36. Flexible budget cost: how to calculate the difference of the flexible budget?

37. Difference between favorable & unfavorable dealing with standard cost & actual cost?

38. What is standard cost?

39. Difference between budget VS. standard?

40. What happens when you replace old with new machines; what relevant information you need?

41. Incremental analysis is?

42. What is involved to whether to accept or not accept an order?

43. Steps in decision making process:

44. Management makes decisions based on financial and non-financial information.