Principles of Cost Accounting

Principles of Cost Accounting

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PRINCIPLES OF COST ACCOUNTING introduces the essentials of cost accounting in a well-organized, practical, and concise new edition. Within the booka€™s unique 10-chapter format, students gain a thorough understanding of cost concepts, cost behavior, and cost accounting techniques as they apply to manufacturing and service businesses. Unlike other texts, PRINCIPLES OF COST ACCOUNTING ensures that students master the fundamentals before progressing to more complex topics. Students begin with job order costing, and then advance to process costing before delving into specialized topics, such as budgeting, standard costing and variance analysis, costing for service businesses, and cost analysis for management decisions. PRINCIPLES OF COST ACCOUNTING meets the unique learning needs of todaya€™s student by introducing concepts in small, manageable sections that are immediately reinforced with proven questions, demonstration problems, exercises, and self-study quizzes. Students develop the competitive edge needed for success in todaya€™s job market as they learn how to determine the costs of products and services accurately and set effective selling prices. Students discover how to bid on products and analyze the relative profitability of various products and services. The booka€™s easily accessible presentation focuses on techniques to measure the performance of managers within an organization, design an accounting system to fit the production and distribution system of an organization, and use the accounting system as a tool to motivate managers toward an organizationa€™s goals. Count on PRINCIPLES OF COST ACCOUNTING for the most logical, relevant, and real approach to your cost accounting course. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.P4-4 Least-squares regression method Using the data in P4-2 and Microsoft Excel: L02 1. ... similar to Self-Study Problem 1 Yumee Products Inc. is divided into five departments, Mixing, Blending, Finishing, Factory Office, and Building Maintenance. ... Required: Prepare a schedule showing the distribution of the service.

Title:Principles of Cost Accounting
Author:Edward Vanderbeck
Publisher:Cengage Learning - 2012-02-10


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