1 Managerial and cost Accounting Larry M. Walther Christopher J. Skousen Download free books at Managerial and cost Accounting 2009 Larry M. Walther, under nonexclusive license to Christopher J. Skousen &. Ventus Publishing ApS. All material in this publication is copyrighted, and the exclusive property of Larry M. Walther or his licensors (all rights reserved). ISBN 978-87-7681-491-5. Download free ebooks at 2. Managerial and cost Accounting Contents Contents Part 1. Introduction to Managerial Accounting 9. 1. Managerial Accounting 10. Professional Certifications in Management Accounting 10. 2. Planning, Directing, and Controlling 11. Decision Making 11. Planning 12. Strategy 13. Positioning 14. Budgets 16. Directing 16. costing 17. Production 19. Analysis 21. Controlling 22. Monitor 22. Scorecard 23. 3. cost Components 26.
2 4. Product Versus Period Costs 28. Period Costs 28. Fast-track your career Please click the advert Masters in Management Stand out from the crowd Designed for graduates with less than one year of full-time postgraduate work experience, London Business School's Masters in Management will expand your thinking and provide you with the foundations for a successful career in business. The programme is developed in consultation with recruiters to provide you with the key skills that top employers demand. Through 11 months of full-time study, you will gain the business knowledge and capabilities to increase your career choices and stand out from the crowd. London Business School Applications are now open for entry in September 2011. Regent's Park London NW1 4SA. United Kingdom Tel +44 (0)20 7000 7573. For more information visit Email email or call +44 (0)20 7000 7573.
3 Download free ebooks at 3. Managerial and cost Accounting Contents 5. Financial Statement Issues that are Unique to Manufacturers 29. Schedule of Raw Materials 29. Schedule of Work in Process 30. Schedule of cost of Goods Manufactured 31. Schedule of cost of Goods Sold 31. The Income Statement 32. Reviewing cost of Flow Concepts for a Manufacturer 32. Critical Thinking About cost Flow 34. Part 2. cost -Volume-Profit and Business Scalability 36. 6. cost Behavior 37. The Nature of Costs 37. Variable Costs 37. Fixed Costs 38. Business Implications of the Fixed cost Structure 40. Economies of Scale 40. Dialing in Your Business Model 42. 7. cost Behavior Analysis 44. Mixed Costs 44. High-Low Method 45. Method of Least Squares 46. Recap 49. UBS 2010. All rights reserved. You're full of energy and ideas. And that's just what we are looking for.
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5 Margin Mathematics 59. 10. CVP for Multiple Products 60. Multiple Products, Selling Costs, and Margin Management 61. 11. Assumptions of CVP 62. Part 3. Job costing and Modern cost Management Systems 63. 12. Basic Job costing Concepts 64. cost Data Determination 64. Conceptualizing Job costing 64. Tracking Direct Labor 66. Tracking Direct Materials 66. Please click the advert Download free ebooks at 5. Managerial and cost Accounting Contents Tracking Overhead 67. Job cost Sheets 69. Expanding the Illustration 69. Another Expansion of the Illustration 71. Database Versus Spreadsheets 71. Moving Beyond the Conceptual Level 72. 13. Information Systems for the Job costing Environment 73. Direct Material 73. Direct Labor 73. Overhead and cost Drivers 74. 14. Tracking Job cost Within the Corporate Ledger 76. Direct Material 76.
6 Direct Labor 79. Applied Factory Overhead 79. Overview 80. Financial Statement Impact Scenarios 81. cost Flows to the Financial Statements 83. Subsidiary Accounts 83. Global Trade and Transfers 84. 15. Accounting for Actual and Applied Overhead 85. The Factory Overhead Account 85. Actual Overhead 86. The Balance of Factory Overhead 86. Underapplied Overhead 87. Overapplied Overhead 88. Influence of Gaap 89. your chance to change the world Please click the advert Here at Ericsson we have a deep rooted belief that the innovations we make on a daily basis can have a profound effect on making the world a better place for people, business and society. Join us. In Germany we are especially looking for graduates as Integration Engineers for Radio Access and IP Networks IMS and IPTV. We are looking forward to getting your application!
7 To apply and for all current job openings please visit our web page: Download free ebooks at 6. Managerial and cost Accounting Contents 16. Job costing in Service, Not For-Profit, and Governmental Environments 91. The Service Sector 92. Capacity Utilization 92. 17. Modern Management of Costs and Quality 93. Global Competition 93. Kaizen 93. Lean Manufacturing 95. Just in Time Inventory 96. Total Quality Management 96. Six Sigma 97. Reflection on Modern cost Management 98. Part 4. Process costing and Activity-Based costing 99. 18. Process costing 100. Process costing 100. Comparing Job and Process costing 101. Introduction to the cost of Production Report 101. Job costing Flows 102. Process costing Flows 103. Job costing Flows on Job cost Sheets 103. Process costing Flows on cost of Production Reports 103. 19.
8 Equivalent Units 104. Factors of Production 104. An Illustration of Equivalent Units Calculations 104. cost per Equivalent Unit 107. what s missing in this equation? Please click the advert You could be one of our future talents MAERSK INTERNATIONAL TECHNOLOGY & SCIENCE PROGRAMME. Are you about to graduate as an engineer or geoscientist? Or have you already graduated? If so, there may be an exciting future for you with Moller - Maersk. Download free ebooks at 7. Managerial and cost Accounting Contents 20. cost Allocation to Completed Units and Units in Process 108. cost of Production Report 109. Journal Entries 110. Subsequent Departments 112. The Big Picture 114. FIFO Process costing 115. 21. Activity-Based costing 115. Pros of ABC 115. Cons of ABC 116. The Reality of ABC 116. A Closer Look at ABC Concepts 117.
9 The Steps to Implement ABC 122. A Simple Analogy 123. A Case Study in ABC 124. Study Process and Costs 125. Identify Activities 126. Determine Traceable Costs and Allocation Rates 127. Assign Costs to Activities 127. Determine Per-Activity Allocation Rates 129. Apply Costs to cost Objects 129. What Just Happened? 129. A Great Tool, But not a Panacea Turning a challenge into a learning curve. Just another day at the office for a high performer. Accenture Boot Camp your toughest test yet Please click the advert Choose Accenture for a career where the variety of opportunities and challenges allows you to make a difference every day. A place where you can develop your potential and grow professionally, working alongside talented colleagues. The only place where you can learn from our unrivalled experience, while helping our global clients achieve high performance.
10 If this is your idea of a typical working day, then Accenture is the place to be. It all starts at Boot Camp. It's 48 hours packed with intellectual challenges and intense learning experience. that will stimulate your mind and and activities designed to let you It could be your toughest test yet, enhance your career prospects. You'll discover what it really means to be a which is exactly what will make it spend time with other students, top high performer in business. We can't your biggest opportunity. Accenture Consultants and special tell you everything about Boot Camp, guests. An inspirational two days but expect a fast-paced, exhilarating Find out more and apply online. Visit Download free ebooks at 8. Managerial and cost Accounting Introduction to Managerial Accounting Introduction to Managerial Accounting Part 1.