Tag Archives for " variable costs "

Relevant range and cost behavior analysis

What is relevant range? Relevant range is one of those REALLY important concepts in managerial accounting. It’s pretty major but it does not get the attention it deserves. Most professors and authors

Learn More

Make or Buy and Outsourcing Decisions

Outsourcing is a hot topic in business right now. Outsourcing is when a company decides to purchase a product or service from another company rather than make the product or perform the service itself.

Learn More

Special order decisions

One type of short-term decision that businesses frequently have to make is whether or not to accept special order requests from customers. A special order is an order that the company did not anticipate

Learn More

The Contribution Margin Income Statement

The contribution margin income statement is a very useful tool in planning and decision making. While it cannot be used for GAAP financial statements, it is often used by managers internally. The contribution

Learn More

Absorption and Variable Product Costing

There are two major costing methods used for creating income statements in managerial accounting: absorption costing and variable costing. These two methods vary based on the way that fixed overhead is

Learn More
>

Finals are coming! Let Professor Ingram show how to make finals suck less in her free Finals Survival Guide.