A direct, realistic, and efficient way to learn cost accounting. Fundamentals is short (approximately 700 pages) making it easy to cover in one semester. The authors have kept the text concise by focusing on the key concepts students need to master. Opening vignettes and In Action boxes show realistic applications of these concepts throughout. All chapters end with a “Debrief” that links the topics in the chapter to the decision problem faced by the manager in the opening vignette. Comprehensive end-of-chapter problems provide students with all the practice they need to fully learn each concept.
Table of contents
Introduction and Overview1Cost Accounting: Information for Decision Making2Cost Concepts and BehaviorCost Analysis and Estimation3Fundamentals of Cost-Volume-Profit Analysis4Fundamentals of Cost Analysis for Decision Making5Cost EstimationCost Management Systems6Fundamentals of Product and Service Costing7Job Costing8Process Costing9Activity-Based Costing10Fundamentals of Cost Management11Service Department and Joint Cost AllocationManagement Control Systems12Fundamentals of Management Control Systems13Planning and Budgeting14Business Unit Performance Measurement15Transfer Pricing16Fundamentals of Variance Analysis17Additional Topics in Variance Analysis18Nonfinancial and Multiple Measures of PerformanceAppendix: Capital Investment Decisions: an Overview