Class overview with discussion on syllabus,course topics, and Learning Outcomes. Review of managerial accounting; it's meaning, purpose, and related jobs with that area.
A review of Budget....Forecasting....Flexible Budgets....Capital Budgets....Master Budget
Quiz Tuesday....recreated Master Budget Flowchart. Start discussion on Job Order Costing
Oral presentation/discussion on Job Costing from students. Begin Break-even analysis discussion.
Continued discussion on Break-Even analysis and graph. Presentation on break-even due this week.
Wrap up Break-even with quiz and worksheet. Begin Job Costing Analysis
Finish up Job Costing Analysis and Process Costing
Porter's Value Chain Discussion and Quiz
Make up Porter's value chain quiz and start final project discussions.