Cost Accounting /
Cecily A. Raiborn, Michael R. Kinney, Jenice Prather-Kinsey
- 6 ed.
- Southbank. Australia: Thomson, 2006
- 819 p.: ill.; 28 cm.
Includes index.
Introduction to Cost Accounting. 2. Cost Terms and Cost Behaviors. 3. Predetermined Overhead Rates, Flexible Budgets, and Absorption/Variable Costing. 4. Job Order Costing. 5. Activity-Based Management and Activity-Based Costing. 6. Process Costing. 7. Standard Costing and Variance Analysis. 8. The Master Budget. 9. Break-Even Point and Cost-Volume-Profit Analysis. 10. Relevant Information for Decision Making. 11. Allocation of Joint Costs and Accounting for By-Products. 12. Introduction to Cost Management Systems. 13. Cost Modeling and Prediction. 14. Responsibility Accounting and Transfer Pricing in Decentralized Organizations. 15. Capital Budgeting. 16. Treasury Management. 17. Implementing Quality Concepts. 18. Inventory and Production Management. 19. Emerging Management Practices. 20. Measuring and Rewarding Organizational Performance.
The most practical, real-world presentation of cost accounting on the market, this book blends a traditional and proven method of teaching cost accounting with the integration of innovative topics. Cost topics are covered in the context of organizational strategy and operational tactics, as cost management decisions are sensitive to strategies driven by quality, cost, and innovation. Kinney, Prather-Kinsey, and Raiborn reinforce the material with real-world examples and visual illustrations that bring cost management techniques into the student's sphere of understanding. A flexible organization appropriate for either a one- or two- semester course--coupled with clear and abundant visual presentations--allows students to clearly understand difficult topics. The text's revised organizational structure streamlines chapter materials as well as reduces redundancy between cost accounting and other business courses.