Managerial and Cost Accounting
Publisher: Bookboon
Published: 2013
ISBN-13: 9788776814915
Table of contents: title: Innhold; title: Part 1. Introduction to Managerial Accounting; title: Managerial Accounting; title: Professional Certifi cations in Management Accounting; title: Planning, Directing, and Controlling; title: Decision Making; title: Planning; title: Strategy; title: Positioning; title: Budgets; title: Directing; title: Cost Components; title: Product Versus Period Costs; title: Period Costs; title: Financial Statement Issues that are Unique to Manufacturers; title: Schedule of Raw Materials; title: Schedule of Work in Process; title: Schedule of Cost of Goods Manufactured; title: Schedule of Cost of Goods Sold; title: The Income Statement; title: Reviewing Cost of Flow Concepts for a Manufacturer; title: Critical Thinking About Cost Flow; title: Part 2. Cost-Volume-Profi t and Business Scalability; title: Cost Behavior; title: The Nature of Costs; title: Variable Costs; title: Fixed Costs; title: Business Implications of the Fixed Cost Structure; title: Economies of Scale; title: Dialing in Your Business Model; title: Cost Behavior Analysis; title: Mixed Costs; title: High-Low Method; title: Method of Least Squares; title: Recap; title: Break-Even and Target Income; title: Contribution Margin; title: Contribution Margin: Aggregated, per Unit, or Ratio?; title: Graphic Presentation; title: Break-Even Calculations; title: Target Income Calculations; title: Critical Thinking About CVP; title: Sensitivity Analysis; title: Changing Fixed Costs; title: Changing Variable Costs; title: Blended Cost Shifts; title: Per Unit Revenue Shifts; title: Margin Beware; title: Margin Mathematics; title: CVP for Multiple Products; title: Multiple Products, Selling Costs, and Margin Management; title: Assumptions of CVP; title: Part 3. Job Costing and Modern Cost Management Systems; title: Basic Job Costing Concepts; title: Cost Data Determination; title: Conceptualizing Job Costing; title: Tracking Direct Labor; title: Tracking Direct Materials; title: Tracking Overhead; title: Job Cost Sheets; title: Expanding the Illustration; title: Another Expansion of the Illustration; title: Database Versus Spreadsheets; title: Moving Beyond the Conceptual Level; title: Information Systems for the Job Costing Environment; title: Direct Material; title: Direct Labor; title: Overhead and Cost Drivers; title: Tracking Job Cost Within the Corporate Ledger; title: Direct Material; title: Direct Labor; title: Applied Factory Overhead; title: Overview; title: Financial Statement Impact Scenarios; title: Cost Flows to the Financial Statements; title: Subsidiary Accounts; title: Global Trade and Transfers; title: Accounting for Actual and Applied Overhead; title: The Factory Overhead Account; title: Actual Overhead; title: The Balance of Factory Overhead; title: Underapplied Overhead; title: Overapplied Overhead; title: Infl uence of Gaap; title: Job Costing in Service, Not For-Profi t, and Governmental Environments; title: The Service Sector; title: Capacity Utilization; title: Modern Management of Costs and Quality; title: Global Competition; title: Kaizen; title: Lean Manufacturing; title: Just in Time Inventory; title: Total Quality Management; title: Six Sigma; title: Reflection on Modern Cost Management; title: Part 4. Process Costing and Activity-Based Costing; title: Process Costing; title: Process Costing; title: Comparing Job and Process Costing; title: Introduction to the Cost of Production Report; title: Job Costing Flows; title: Process Costing Flows; title: Job Costing Flows on Job Cost Sheets; title: Process Costing Flows on Cost of Production Reports; title: Equivalent Units; title: Factors of Production; title: An Illustration of Equivalent Units Calculations; title: Cost per Equivalent Unit; title: Cost Allocation to Completed Units and Units in Process; title: Cost of Production Report; title: Journal Entries; title: Subsequent Departments; title: The Big Picture; title: FIFO Process Costing; title: Activity-Based Costing; title: Pros of ABC; title: Cons of ABC; title: The Reality of ABC; title: A Closer Look at ABC Concepts; title: The Steps to Implement ABC; title: A Simple Analogy; title: A Case Study in ABC; title: Study Process and Costs; title: Identify Activities; title: Determine Traceable Costs and Allocation Rates; title: Assign Costs to Activities; title: Determine Per-Activity Allocation Rates; title: Apply Costs to Cost Objects; title: What Just Happened?; title: A Great Tool, But not a Panacea