BUS 254 Lecture Notes - Lecture 12: Intelligent Dance Music

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 254
• Professor: Masood Kamlani

Document Summary

I/s as expense when fin g = sold: period = selling & admin cost, matched (deducted) w/rev of specific time period, goes on: = (high activity level tc low activity level tc) / (high activity level low activity level) = vc per unit: high (or low) activity level tc high (or low) activity level tvc. = tfc: tc = given in q as price units, tvc = vc per unit units. Cogs: cogs = beg fin g inv. + cogm end fin g inv: cogs: + tmc incurred end wip inv: begin w/partially completed units (beg wip inv. ), which is based on manu costs in previous period: this year, use manu costs to finish beg wip inv, the(cid:374), the rest of this year"s (cid:373)a(cid:374)u (cid:272)osts go to(cid:449)ards starti(cid:374)g produ(cid:272)tio(cid:374) of (cid:374)e(cid:449) g, cogm: Moh applied: b/s for accounting for inventory for a manu company (listed in order of liquidity):