Cost Accounting: Using a Cost Management Approach / Edition 6

by Letricia Gayle Rayburn, Letricia Gayle. Rayburn

Overview

Cost Accounting identifies the concepts and principles of cost accounting in a clear, concise, and straightforward manner. The book's organization allows instructors flexibility in selecting chapters to meet their course objectives. Rayburn first discusses the cost accounting concepts concerned with cost collection and factors that influence managerial decisions such as sales price determination. The last part of the book emphasizes the application of cost concepts in cost management analysis and the quantitative tools for decision making. The assignment material includes questions that review concepts and procedures, exercises that review the direct applications problems of varying difficulty cover the concepts in greater depth, and relevant cases that illustrate the practical problems associated with concept implementation. The cases are thought-provoking, and designed to stimulate class discussion and develop communication skills. Cost Accounting contains such a variety of problems and cases that there is sufficient material to challenge students who have had previous courses in management accounting or an extensive background in accounting and related fields.

Product Details

ISBN-13:	9780256174809
Publisher:	McGraw-Hill Companies, The
Publication date:	09/28/1995
Series:	McGraw-Hill Series in Principles of Accounting
Edition description:	6th ed
Pages:	912
Product dimensions:	8.35(w) x 10.32(h) x 1.68(d)

Table of Contents

Part I. Cost/Management Accounting Concepts
1. Cost Accounting in a Contemporary Environment
2. Cost Concepts and Cost Flows
3. Cost Behavior and Cost Estimation
4. Volume-Based Cost Assignments
5. Activity-Based Cost Systems and Strategic Cost Analysis
Part II. Product Cost Allocation And Accumulation Procedures
6. Job Order Costing
7. Process Costing - Weighted-Average and FIFO
Appendix: Completed and Not Transferred Inventory
8. Process Costing - Addition of Materials and Lost Units
9. Joint Product and By-Product Costing
Capstone Cases: Bases for Allocating
Part III. Cost Data for Performance Evaluation
10. Strategic Planning and Budgeting
11. Nonmanufacturing Budgets, Forecasted Statements, and Behavioral Issues
12. Target Costing, Kaizen Costing & Standard Costing for Materials & Labor
13. Standard Costs and Factory Overhead Variances
Capstone Cases: Standard Variances, High-Low, and Cash Budget
Part IV. Cost Planning and Control
(and more...)