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Textbook Notes for RSM222H1 at University of Toronto St. George (UTSG)

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UTSGRSM222H1Gus De FrancoWinter

RSM222H1 Chapter Notes - Chapter 9: Budget

OC6185665 Page
25 Aug 2016
5
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UTSGRSM222H1Gus De FrancoWinter

RSM222H1 Chapter Notes - Chapter 4: European Cooperation In Science And Technology, Variable Cost, British Association For Immediate Care

OC6185666 Page
25 Aug 2016
4
Cm is the amount remaining from sales revenue after variable expenses have been deducted o. It is the amount available to cover fixed expenses and then
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UTSGRSM222H1Gus De FrancoWinter

RSM222H1 Chapter Notes - Chapter 6-7: Cost Driver, Indian Railways, Activity-Based Costing

OC6185666 Page
25 Aug 2016
7
Differences: the flow of units in process costing system is continuous, the units in process costing are indistinguishable for one another. In process
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UTSGRSM222H1allWinter

RSM222H1 Chapter Notes - Chapter 2: Marginal Cost, Finished Good, Fixed Cost

OC2068403 Page
6 Nov 2014
32
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UTSGRSM222H1allWinter

RSM222H1 Chapter Notes - Chapter 3: Total Absorption Costing, Cost Driver

OC2068402 Page
6 Nov 2014
23
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UTSGRSM222H1Gus De FrancoWinter

RSM222H1 Chapter Notes - Chapter 5: Cost Driver, Subledger, Sales Order

OC6185664 Page
25 Aug 2016
4
Process costing a costing system used in those manufacturing situations where a single, homogeneous product flows evenly in a continuous stream out of
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UTSGRSM222H1Gus De FrancoWinter

RSM222H1 Chapter Notes - Chapter 1: Internal Control, Business Process, Operational Excellence

OC6185667 Page
25 Aug 2016
6
Expected to have expertise in cost management, performance measurement, and risk management. Role in decision making across various functional areas of
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UTSGRSM222H1Gus De FrancoWinter

RSM222H1 Chapter Notes - Chapter 11: Fixed Cost, Longrun, Cost Leadership

OC6185665 Page
25 Aug 2016
9
Decentralized organization an organization in which decision-making is spread throughout the organization rather than being confined to a few top execu
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UTSGRSM222H1Gus De FrancoWinter

RSM222H1 Chapter Notes - Chapter 10: Variable Cost, Cost Driver, Unemployment Benefits

OC6185666 Page
25 Aug 2016
3
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UTSGRSM222H1Gus De FrancoWinter

RSM222H1 Chapter Notes - Chapter 12: Business Process, Sunk Costs, European Cooperation In Science And Technology

OC6185663 Page
25 Aug 2016
13
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UTSGRSM222H1Gus De FrancoWinter

RSM222H1 Chapter Notes - Chapter 2-3: Planning Horizon, Opportunity Cost, Scatter Plot

OC6185668 Page
25 Aug 2016
3
Costs need to be estimated and aggregated differently for different purposes. Most direct costs are variable, but not all costs. Indirect materials inc
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UTSGRSM222H1Gus De FrancoWinter

RSM222H1 Chapter Notes - Chapter 8: Cash Flow, Income Statement, Total Absorption Costing

OC6185662 Page
25 Aug 2016
3
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