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ACC 102 · Unit 5 of 6

Performance Measurement and Control

Managerial Accounting and Control

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Learning objectives

After completing this unit, you will be able to:

  • Apply frameworks from \
  • Apply the frameworks in "Performance Measurement and Control" to a real management decision
  • Make progress on your Managerial Accounting and Control applied project applied project

Why this matters

Performance Measurement and Control is essential to Managerial Accounting and Control. Lessons build fluency with anchor-company examples, worked problems, and assessments on the unit page.

Lesson

Unit overview

Complete all 5 lessons in order. Each lesson follows the program authoring standard: conceptual prose, worked examples, practice problems, and managerial judgment prompts. Finish unit exercises and the knowledge check before marking the unit complete.

Connection to applied work

This unit feeds directly into Managerial Accounting and Control applied project. As you read, capture notes, examples, and data you can reuse in that deliverable. Strong students finish each unit with a draft section of their project, not just highlights.

Practice

  1. Write a one-page summary of this unit in your own words without looking at the lesson.
  2. Find a real company example (public filing, news article, or personal experience) that illustrates the main concept.
  3. Draft one paragraph recommending an action a manager should take based on this unit.
  4. Add at least three terms from this unit to your course glossary.

Knowledge check

Answer these without notes before marking the unit complete:

  1. What is the central idea of "Performance Measurement and Control"?
  2. What mistake do beginners most often make when applying this material?
  3. How does this unit help you complete Managerial Accounting and Control applied project?
  4. What is one decision you face this month where this unit applies?

Key takeaways

  • Apply frameworks from \
  • Business concepts only matter when they change a decision.
  • Your ACC 102 assessment (Cost concepts, budgeting, variance analysis, and decision-relevant costing for managers.) rewards applied understanding, not memorization.

Unit assessment

Complete each section below. Score 80%+ on the quiz to finish this unit's assessment.

40% applied project35% knowledge checks25% reflections

Exercises

Apply what you learned in this unit with structured practice.

ExerciseApplied practice: Performance Measurement and Control45 min
Complete a focused practice exercise on **Performance Measurement and Control**. 1. Choose a real company, product, or situation you know. 2. Apply one core framework from this unit to analyze it. 3. Write your analysis in 300–500 words with a clear recommendation. 4. Cite at least one credible source.

Deliverable

300–500 word analysis document saved to your portfolio under ACC 102.

Rubric

  • • Framework applied correctly (not just named)
  • • Specific evidence from a real example
  • • Clear recommendation with tradeoffs acknowledged
  • • Professional writing with source citation
ExerciseDrill: Performance Measurement and Control30 min
Work through the practice problems in the unit lesson without looking at notes. Then check your work against the lesson and write a short reflection: - What you got right - One mistake you caught - One concept to review before the next unit

Deliverable

Problem solutions + 150-word reflection in your ACC 102 workbook.

Rubric

  • • Attempted all practice items before checking answers
  • • Honest reflection on errors
  • • Identifies a specific review action

Model / spreadsheet

Build or extend a spreadsheet model tied to this unit.

ModelSpreadsheet model: Performance Measurement and Control60 min
Build a spreadsheet model demonstrating **Performance Measurement and Control**. **Requirements:** - Separate Input, Calculation, and Output sections - Label all units ($, %, units) - Include at least one sensitivity or scenario comparison - Add a balance check or reasonableness test Use Google Sheets or Excel. Link the model to your Managerial Accounting and Control applied project project where applicable.

Deliverable

Spreadsheet file with Inputs / Model / Outputs tabs · One-paragraph summary of key insight from the model · Screenshot or export saved to portfolio

Rubric

  • • Assumptions stated explicitly
  • • Logic is auditable (formulas or steps visible)
  • • Output answers a specific business question
  • • Sensitivity or scenario considered

Knowledge quiz

Check your understanding before marking the unit complete.

1. Granola standards: 2.1 lbs oats @ $0.42/lb, 0.3 labor hours @ $22/hr, OH applied @ $38 per machine hour. If actual oat price is $0.47/lb on 500,000 lbs purchased, what is the materials price variance?

2. Favorable material price variance on tomato paste pairs with higher scrap from weak harvest quality. What should Priya do?

3. Omaha is evaluated as a cost center, commercial grocery as a revenue center, Columbus frozen as an investment center. Which metric mismatch creates conflict?

4. Columbus ships bowls to internal food-service at $4.10 transfer price while retail list is $6.49. Fresno worries food-service promotions subsidize retail margin. What transfer-pricing rule should leadership clarify?

5. Standard labor hours allowed for 10,000 granola cases are 3,000 hours. Actual hours 3,250 at $22/hr standard rate. What is the direct labor efficiency variance?

6. Maria's balanced scorecard adds OTIF delivery, allergen audit scores, and kWh per case beside EBIT. A plant hits budgeted cost but misses OTIF. Best managerial conclusion?

7. Q2 under-applied overhead of $240,000 is closed to COGS. If overhead was over-applied instead, what happened during the period?

8. A supervisor proposes paying plant managers on minimizing overhead rate by maximizing machine hours regardless of demand. What unintended consequence do Northwind lessons warn about?

Next unit: Managerial Decisions →