Cost Accounting A Comprehensive Guide [Hardcover]

• Details how cost accounting systems work and how the resulting information can be used.
• Includes a list of the most common costing problems, along with recommended solutions.
• Provides case studies on costing issues and sample journal entries for the most common cost entries.
• Includes a dictionary of cost accounting terminology.
• Includes flowcharts and control point listing for several types of costing systems.

Preface.

Introduction.

PURPOSE OF COST ACCOUNTING.

Role of Cost Accounting.

Cost Accountant's Job.

Impact of Ethics on the Cost Accountant.

COSTING SYSTEMS AND DATA COLLECTION.

Using Data Systems to Collect Costing Information.

Timekeeping and Payroll.

Chart of Accounts.

Selecting and Installing Cost Accounting Software.

Paper-Based Documents in the Modern Costing System.

COSTING METHODOLOGIES.

Job Costing.

Process Costing.

Direct Costing.

Standard Costing.

LIFO, FIFO, and Average Costing.

Throughput Costing.

Joint and By-product Costing.

Activity-Based Costing.

Target Costing.

Costing Systems Summary.

USING COSTS IN PRICING, VARIANCE, AND OPERATIONAL ANALYSIS.

Cost Variances.

Waste: Spoilage, Rework, and Scrap.

Cost-Volume-Profit Analysis.

Analysis Reporting.
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