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Basic telephone bill - PowerPoint PPT Presentation

Cost Terms, Concepts, and Classifications

BADM642. Cost Terms, Concepts, and Classifications. Merchandisers . . . Buy finished goods. Sell finished goods. . Manufacturers . . . Buy raw materials. Produce and sell finished goods. MegaLoMart. Comparing Merchandising and Manufacturing Activities. Direct Materials. Direct Labor.

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Basic Cost Management Concepts and Accounting for Mass Customization Operations

2. Chapter Two . Basic Cost Management Concepts and Accounting for Mass Customization Operations. Planning. Control. Decision Making. Directing. Process of Management. Managers need cost information to perform each of these functions. What Do We Mean By a Cost?.

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1.65k views • 51 slides

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Basic telephone bill - PowerPoint PPT Presentation

Cost Terms, Concepts, and Classifications

Basic Cost Management Concepts and Accounting for Mass Customization Operations