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incremental analysis

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incremental analysis
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  7- 1    7- 2   Chapter 7 Incremental Analysis Learning Objectives  After studying this chapter, you should be able to: [1]   Identify the steps in management’s decision -making process. [2]   Describe the concept of incremental analysis. [3]   Identify the relevant costs in accepting an order at a special price. [4]   Identify the relevant costs in a make-or-buy decision. [5]   Identify the relevant costs in determining whether to sell or process materials further. [6]   Identify the relevant costs to be considered in repairing, retaining, or replacing equipment. [7]   Identify the relevant costs in deciding whether to eliminate an unprofitable segment or product.  7- 3   Preview of  Chapter 7 Managerial Accounting Sixth Edition Weygandt Kimmel Kieso    7- 4   Making decisions is an important management function.  Does not always follow a set pattern.  Decisions vary in scope, urgency, and importance.  Steps usually involved in process include:   LO 1 Identify the steps in management’s decision -making process. Illustration 7-1 Management’s Decision -Making Process

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Jul 23, 2017
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