Accounting for Decision Making and Control

by Zimmerman, Jerold L.

• ISBN13: 9780072501797
• ISBN10: 0072501790
• Edition: 4th
• Format: Hardcover
• Copyright: 2002-07-11
• Publisher: McGraw-Hill/Irwin

Summary

Accounting for Decision Making and Control by Jerry Zimmerman continues to grow in popularity with instructors due to its emphasis on teaching students to critically evaluate and solve actual business problems. Zimmerman is able to achieve this through: 1) Strong conceptual framework; 2) Business orientation focusing on how organizations work; 3) Balance between concepts & practice; 4) Strongest problem material available.

Table of Contents

1) Introduction

2) The nature of costs

3) Opportunity cost of capital and capital budgeting

4) Organizational architecture

5) Responsibility accounting and transfer pricing

6) Budgets and budgeting

7) Cost allocation: Theory

8) Cost allocation: Practices

9) Absorption cost system

10)Criticisms of absorption cost systems: Incentives to overproduce

11)Criticisms of absorption cost systems: Inaccurate product costs

12)Standard costs: Direct labor and materials

13)Overhead and marketing variances

14)Management accounting in a changing environment