# Class Notes for ACCTMIS 2300 at Ohio State University (OSU)

• 13 Results
OSUACCTMIS 2300Marc SmithFall

## ACCTMIS 2300 Lecture Notes - Lecture 1: Income Statement, Fixed Cost, Variable Cost

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11 Sep 2017
0
Describes how costs change to the changes in volume of activity. In total: change is directly proportional to changes in activity. Per unit: constant,
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OSUACCTMIS 2300Marc SmithFall

## ACCTMIS 2300 Lecture Notes - Lecture 2: Contribution Margin, Operating Leverage, Fixed Cost

OC10856373 Page
11 Sep 2017
0
Contribution margin: represent amount of reve(cid:374)ue to a) b) Helps managers understand relationships among costs, volume, and profit. Focus o(cid:
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OSUACCTMIS 2300Marc SmithFall

## ACCTMIS 2300 Lecture Notes - Lecture 3: Fixed Cost, Opportunity Cost

OC10856374 Page
16 Sep 2017
0
Comparing alternatives and figuring out which is best. Short run in nature, but can have long-run consequences. Issue: not all costs are relevant in de
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OSUACCTMIS 2300Marc SmithSpring

## ACCTMIS 2300 Lecture 1: Cost Behaviors Page 1

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22 Jan 2018
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OSUACCTMIS 2300Marc SmithSpring

## ACCTMIS 2300 Lecture 2: C-V-P Page 2

1 Page
22 Jan 2018
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OSUACCTMIS 2300Marc SmithSpring

## ACCTMIS 2300 Lecture 2: C-V-P Page 1

1 Page
22 Jan 2018
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OSUACCTMIS 2300Marc SmithFall

## ACCTMIS 2300 Lecture Notes - Lecture 7: Income Statement

OC10856372 Page
29 Oct 2017
0
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OSUACCTMIS 2300Marc SmithFall

## ACCTMIS 2300 Lecture 5: Job Order Costing Notes

OC10856373 Page
29 Oct 2017
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Overhead is assigned to products of some activity level. E. g direct labor hours, machine hours, direct labor costs. Makes it possible to estimate tota
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OSUACCTMIS 2300Marc SmithFall

## ACCTMIS 2300 Lecture Notes - Lecture 4: Income Statement, Finished Good

OC10856373 Page
24 Sep 2017
0
Cost in the purpose of creating a product. Direct materials: raw materials that are a significant part of the product and the cost can be easily traced
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OSUACCTMIS 2300Marc SmithFall

## ACCTMIS 2300 Lecture 6: Process Costing Notes

OC10856373 Page
29 Oct 2017
0
One unit of product different from other units. One unit of product indistinguishable from other units. Continued basis or for long periods of time. Cr
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OSUACCTMIS 2300Marc SmithSpring

## ACCTMIS 2300 Lecture 1: Cost Behaviors Page 2

1 Page
22 Jan 2018
0
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OSUACCTMIS 2300Marc SmithFall

## ACCTMIS 2300 Lecture 8: Standard Costing Notes

OC10856373 Page
29 Oct 2017
0
How much we should pay for an input. How much input we should use to make product or provide service. Variable manufacturing costs that have standards
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