Main Content Search Submit Table of Contents ACCTG404: Lesson 1: Course Orientation and Defining Managerial Accounting Lesson 1 Overview Managerial Accounting Defined Financial vs. Managerial Accounting Defining Costs Product and Period Costs Costs Self-Check Determining Cost of Goods Sold Cost of Materials Placed into Production Cost of Goods Manufactured Cost of Goods Sold COGS Self-Check Top of page