This course picked right up where Accounting 240 left off and introduced us to internal accounting tools and techniques common among all companies for determining the cost to provide a product or service. It focused more on Managerial Accounting whereas Accounting 240 took a closer look at Financial Accounting. Some of the topics we covered included cost-volume-profit analysis, budgeting, standard costing, and analysis of variances between budgeted amounts and actual results.
The spreadsheet I have attached shows one of the assignments our professor had us complete in Excel which involved constructing tables from scratch to organize and analyze the data we were provided to come up with an appropriate recommendation.
Accounting Homework ~~~ By: Katelyn Housler ~~~ April 3, 2019