Management and Cost Accounting Student Manual

by Drury, Colin

• ISBN13: 9781408048566
• ISBN10: 1408048566
• Edition: 8th
• Format: Paperback
• Copyright: 2012-03-01
• Publisher: Cengage Learning EMEA

Summary

Substantially revised for this edition and packed with additional question and answer material directly linked to each chapter topic, this Student Manual is the ideal learning tool for students who wish to reinforce their understanding of key management and cost accounting principles and to test their problem-solving abilities.This Student Manual is a companion workbook to accompany 'Management and Cost Accounting with CourseMate and eBook Access Card'(ISBN 9781408064313) the international bestseller which has been widely recognised as the definitive textbook on management and cost accounting for over 25 years.

Author Biography

Colin Drury is Emeritus Professor of Accounting and Finance at Huddersfield University.

Table of Contents

Preface	p. vi
Questions	p. 1
An introduction to cost terms and concepts	p. 3
Cost assignment	p. 5
Accounting entries for a job costing system	p. 13
Process costing	p. 20
Joint and by-product costing	p. 26
Income effects of alternative cost accumulation systems	p. 34
Cost-volume-profit analysis	p. 40
Measuring relevant costs and revenues for decision-making	p. 50
Pricing decisions and profitability analysis	p. 61
Activity-based costing	p. 67
Decision-making under conditions of risk and uncertainty	p. 75
Capital investment decisions: appraisal methods	p. 83
Capital investment decisions: the impact of capital rationing, taxation, inflation and risk	p. 92
The budgeting process	p. 98
Management control systems	p. 107
Standard costing and variance analysis 1	p. 115
Standard costing and variance analysis 2: further aspects	p. 122
Divisional financial performance measures	p. 130
Transfer pricing in divisionalized companies	p. 138
Cost management	p. 147
Strategic management accounting	p. 153
Cost estimation and cost behaviour	p. 158
Quantitative models for the planning and control of inventories	p. 163
The application of linear programming to management accounting	p. 168
Solutions	p. 175
An introduction to cost terms and concepts	p. 177
Cost assignment	p. 180
Accounting entries for a job costing system	p. 190
Process costing	p. 199
Joint and by-product costing	p. 208
Income effects of alternative cost accumulation systems	p. 220
Cost-volume-profit analysis	p. 228
Measuring relevant costs and revenues for decision-making	p. 243
Pricing decisions and profitability analysis	p. 255
Activity-based costing	p. 265
Decision-making under conditions of risk and uncertainty	p. 276
Capital investment decisions: appraisal methods	p. 286
Capital investment decisions: the impact of capital rationing, taxation, inflation and risk	p. 297
The budgeting process	p. 306
Management control systems	p. 317
Standard costing and variance analysis 1	p. 327
Standard costing and variance analysis 2: further aspects	p. 334
Divisional financial performance measures	p. 348
Transfer pricing in divisionalized companies	p. 358
Cost management	p. 368
Strategic management accounting	p. 374
Cost estimation and cost behaviour	p. 378
Quantitative models for the planning and control of inventories	p. 383
The application of linear programming to management accounting	p. 389
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