Managerial Accounting.
Background
Modular Learning Objectives
Keep the following objectives in mind as you work through the material in this module:
• Define managerial accounting.
• Describe the role of managerial accounting.
• Differentiate between variable and fixed costs.
• Prepare a contribution margin (variable costing) income statement.
• Recognize various approaches to categorizing costs.
• Prepare and analyze a segmented income statement.