Book Description
This popular Student Guide is a self-study aid to accompany the 11th edition of Cost Accounting: A Managerial Emphasis, by Horngren, Datar and Foster. The Student Guide's three purposes are: (1) to reinforce and clarify your understanding of the textbook material, (2) to develop your analytical thinking skills, and (3) to help you review for exams effectively. The Student Guide is designed to provide maximum benefit from your study time. To focus your study, each chapter of the Student Guide contains four sections: (1) Review Points in easy-to-read paragraph style, (2) Featured Exercise and Solution covering key points in textbook assignment material, (3) Review Questions and Exercises, including CPA and CMA questions, and (4) Answers (with explanatrions) to the Review Questions and Exercises.

FROM THE PUBLISHER

This acclaimed, number one market-leading book embraces the basic theme of “different costs for different purposes.” It reaches beyond cost accounting procedures to consider concepts, analyses, and management. Chapter topics cover: the accountant's role in the organization; an introduction to cost terms and purposes; cost-volume-profit analysis; job costing; activity-based costing and activity-based management; master budget and responsibility accounting; flexible budgets, variances, and management control; inventory costing and capacity analysis; determining how costs behave; decision making and relevant information; pricing decisions and cost management; strategy, balanced scorecard, and strategic profitability analysis; cost allocation, customer-profitability analysis, and sales-variance analysis; allocation of support department costs, common costs and revenues; cost allocation: joint products and byproducts; process costing; spoilage, rework, and scrap; quality, time, and the theory of constraints; inventory management, just-in-time, and backflush costing; capital budgeting and cost analysis; management control systems, transfer pricing, and multinational considerations; and performance measurement, compensation, and multinational considerations. For future accountant who want to enhance their understanding of—and ability to—solve cost accounting problems.

SYNOPSIS