MAC

Provides in-depth summary of Managerial Chapters which include Chapter 16 (Introduction, direct & indirect costs, prime & conversion costs, Cost of Goods Sold, Unit Product Cost), Chapter 22 Budgets (strategic v operational, flexible budget, master budget, sales budget, production budget, direct materials budget, direct labour budget, cost of goods sold budget, manufacturing overhead budget, selling and administrative expense budget, cash budget), Chapter 18 Process Costing (job order v process ...

This summary has been written to help those out that do not want to go through all the literature that is needed regarding the MAC lessons. The summary includes all the essential terms, clear example questions from the textbook + the answers to the questions, and a lot more. The summary is a bit long. This is mostly because of the fact that the theory is being supported by examples plus a lot of spacing between the theory, which makes it easier to read and understand. Using this summary...

Minor notes, Nothing special. I decided to upload this bc it might help someone. Check out the online youtube lectures for mac on Farhat's Accounting Lectures