🎥 Concept lesson
Introduction to Managerial Accounting
Watch this lesson before moving to the related practice problems.
Chapter 1Chapter 2Chapter 3Chapter 4Chapter 5Chapter 6Chapter 8Chapter 9Chapter 10Chapter 7Chapter 11Chapter 13
Chapter 1
Back to top ↑Introduction and Cost Classification
1. Learn the concepts
🎥 Concept lesson
Cost Classification
Watch this lesson before moving to the related practice problems.
2. Practice and check your work
✏️ Practice 1
Cost Classification Problem
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 2
Cost Types and Behavior Problem
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
Chapter 2
Back to top ↑Job Costing
1. Learn the concepts
🎥 Concept lesson
Job Costing
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
COGM Statement
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
Job Costing Summary
Watch this lesson before moving to the related practice problems.
2. Practice and check your work
✏️ Practice 1
Job Costing Cost Flow
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 2
Individual job costing problem from homework
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 3
MOH Applied Example Problem
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
Chapter 3
Back to top ↑Process Costing
1. Learn the concepts
🎥 Concept lesson
Process Costing Basics
Watch this lesson before moving to the related practice problems.
2. Practice and check your work
✏️ Practice 1
Process Costing problem
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 2
Multi-month Process Costing Problem
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 3
Process Costing with Excel focus
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
Chapter 4
Back to top ↑Activity-Based Costing
1. Learn the concepts
🎥 Concept lesson
Activity Based Costing overview
Watch this lesson before moving to the related practice problems.
2. Practice and check your work
✏️ Practice 1
ABC problem by hand
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 2
ABC with Excel focus
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 3
ABC Home/Work Tablet Problem
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
Chapter 5
Back to top ↑Cost Behavior and Variable Costing
1. Learn the concepts
🎥 Concept lesson
Cost Behavior and the Contribution Formatted Income Statement
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
Variable and Absorption Costing
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
Variable and Absorption Costing (2022)
Watch this lesson before moving to the related practice problems.
2. Practice and check your work
✏️ Practice 1
High Low Method by hand
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 2
High Low Method in Excel
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 3
Starcups Problem
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
Chapter 6
Back to top ↑Cost-Volume-Profit Analysis
1. Learn the concepts
🎥 Concept lesson
Cost Volume Profit Analysis
Watch this lesson before moving to the related practice problems.
2. Practice and check your work
✏️ Practice 1
Break-even, Margin of Safety, Target Income Problem
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 2
Hoodies for good problem
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 3
CVP in Excel using older book
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 4
Product and Sales Mix problems
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
Chapter 8
Back to top ↑Budgeting
1. Learn the concepts
🎥 Concept lesson
Budgeting Overview
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
Sales and Production Budgets
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
Direct Materials Budget
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
DL and MOH Budget
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
Selling/Admin & COGS Budgets and Income Statement
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
Cash Receipts and Cash Disbursements
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
Cash Budget
Watch this lesson before moving to the related practice problems.
2. Practice and check your work
✏️ Practice 1
Operations Budget Series Overview
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 2
Budget problem from old textbook
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
Chapter 9
Back to top ↑Standard Costs and Variances
1. Learn the concepts
🎥 Concept lesson
Standard Costing & Budget Variances Overview
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
DM DL VMOH Budget Variances
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
Fixed MOH Budget Variances
Watch this lesson before moving to the related practice problems.
2. Practice and check your work
✏️ Practice 1
DM, DL, and Variable MOH Budget Variances — Additional Example
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 2
Budget Variance Problem with Excel Focus
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 3
from old textbook where materials used/purchased differ
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
Chapter 10
Back to top ↑Responsibility Accounting
1. Learn the concepts
🎥 Concept lesson
ROI and Residual Income Overview
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
Transfer Pricing Overview
Watch this lesson before moving to the related practice problems.
2. Practice and check your work
✏️ Practice 1
ROI and Residual Income Problem
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 2
ROI and Residual Income Problem from old textbook
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 3
Multidivision ROI and Residual Income Problem
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 4
Transfer Pricing problem
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
Chapter 7
Back to top ↑Decision Making
1. Learn the concepts
🎥 Concept lesson
Decision Making Overview
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
Make or Buy and Constrained Resources
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
Constrained Resources
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
Special Orders
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
Keep or Drop
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
Sell or Process Further
Watch this lesson before moving to the related practice problems.
Chapter 11
Back to top ↑Capital Budgeting
1. Learn the concepts
🎥 Concept lesson
Capital Budgeting Overview
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
ARR/Payback Period/NPV/IRR
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
Profitability Index
Watch this lesson before moving to the related practice problems.
2. Practice and check your work
✏️ Practice 1
Capital Budgeting in Excel
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
✏️ Practice 2
Capital budgeting problem from old textbook
Download the problem, try it on your own, then use the walkthrough and solution to check your work.
Chapter 13
Back to top ↑Financial Statement Analysis
1. Learn the concepts
🎥 Concept lesson
Financial Statement Analysis Overview
Watch this lesson before moving to the related practice problems.
🎥 Concept lesson
Horizontal and Vertical Analysis
Watch this lesson before moving to the related practice problems.
Contact Dan Kelly
Questions about the course or a worked problem? Reach out by email, visit the office, or join the personal Zoom room.
📍 Office
Room 333E
ICC East Peoria Campus
Directions to My Office on the East Peoria Campus
Walk into the double doors to the left of the building closest to you when you are in the visitor lot (around the corner). Head to the open staircase—or take the elevator—and go up one floor to the café. Go past the art gallery into the academic hallway and turn right. About five doors later, the hallway takes a hard turn to the left; the office is immediately on the left.