| |
| |
| |
| Managerial Accounting In The Information Age | |
| |
| |
| Goal Of Managerial Accounting | |
| |
| |
| Cost Terms Used In Discussing Planning, Control, And Decision Making | |
| |
| |
| Two Key Ideas In Managerial Accounting | |
| |
| |
| The Information Age And Managerial Accounting | |
| |
| |
| Ethical Considerations In Managerial Decision Making | |
| |
| |
| The Controller As The Top Management Accountant | |
| |
| |
| Summary Of Learning Objectives | |
| |
| |
| Appendix IMA Statement Of Ethical Professional Practice | |
| |
| |
| |
| Job-Order Costing For Manufacturing And Service Companies | |
| |
| |
| Cost Classifications For Manufacturing Firms | |
| |
| |
| Product Cost Information In Financial Reporting And Decision Making | |
| |
| |
| Balance Sheet Presentation Of Product Costs | |
| |
| |
| Flow Of Product Costs In Accounts | |
| |
| |
| Income Statement Presentation Of Product Costs | |
| |
| |
| Types Of Costing Systems | |
| |
| |
| Overview Of Job Costs And Financial Statement Accounts | |
| |
| |
| Job-Order Costing System | |
| |
| |
| Eastlake Revisited: Using Job Cost Information | |
| |
| |
| Relation Between The Costs Of Jobs And The Flow Of Costs In Work In Process, Finished Goods, And Cost Of Goods Sold | |
| |
| |
| Allocating Overhead To Jobs: A Closer Look | |
| |
| |
| Job-Order Costing For Service Companies | |
| |
| |
| Modern Manufacturing Practices And Product Costing Systems | |
| |
| |
| Summary Of Learning Objectives | |
| |
| |
| |
| Process Costing | |
| |
| |
| Difference Between Job-Order And Process Costing Systems | |
| |
| |
| Product And Cost Flows | |
| |
| |
| Calculating Unit Cost | |
| |
| |
| Calculating And Applying Cost Per Equivalent Unit: Mixing Department Example | |
| |
| |
| Production Cost Report | |
| |
| |
| Basic Steps In Process Costing: A Summary | |
| |
| |
| Kent Chemical Revisited: Answering Stacy's Question | |
| |
| |
| Dealing With Transferred-In Cost: Packaging Department Example | |
| |
| |
| Process Costing And Incremental Analysis | |
| |
| |
| You Get What You Measure! and Manufacturing Processes | |
| |
| |
| Summary Of Learning Objectives | |
| |
| |
| |
| Cost-Volume-Profit Analysis | |
| |
| |
| Common Cost Behavior Patterns | |
| |
| |
| Cost Estimation Methods | |
| |
| |
| Cost-Volume-Profit Analysis | |
| |
| |
| Multiproduct Analysis | |
| |
| |
| Assumptions In CVP Analysis | |
| |
| |
| Codeconnect Example Revisited: Answering Mary's Questions | |
| |
| |
| Operating Leverage | |
| |
| |
| Constraints | |
| |
| |
| Summary Of Learning Objectives | |
| |
| |
| Appendix Using Regression In Excel“ To Estimate Fixed And Variable Costs | |
| |
| |
| |
| Variable Costing | |
| |
| |
| Full (Absorption) And Variable Costing | |
| |
| |
| Effects Of Production On Income For Full Versus Variable Costing: The Clausentube Example | |
| |
| |
| Benefits Of Variable Costing For Internal Reporting | |
| |
| |
| Summary Of Learning Objectives | |
| |
| |
| |
| Cost Allocation And Activity-Based Costing | |
| |
| |
| Purposes Of Cost Allocation | |
| |
| |
| Process Of Cost Allocation | |
| |
| |
| Allocating Service Department Costs | |
| |
| |
| Problems With Cost Allocation | |
| |
| |
| Activity-Based Costing | |
| |
| |
| Activity-Based Management | |
| |
| |
| Remember You Get What You Measure! | |
| |
| |
| Summary Of Learning Objectives | |
| |
| |
| Appendix Activity Based Management | |
| |
| |
| Conclusion | |
| |
| |
| |
| The Use Of Cost Information In Management Decision Making | |
| |
| |
| Incremental Analysis | |
| |
| |
| Analysis Of Decisions Faced By Managers | |
| |
| |
| Decisions Involving Joint Costs | |
| |
| |
| Qualitative Considerations In Decision Analysis | |
| |
| |
| Summary Of Learning Objectives | |
| |
| |
| Appendix The Theory Of Constraints | |
| |
| |
| The Five-Step Process Of TOC | |
| |
| |
| Implications Of TOC For Inspections, Batch Sizes, And Across-The-Board Cuts | |
| |
| |
| You Get What You Measure And TOC | |
| |
| |
| |
| Pricing Decisions, Analyzing Customer Profitability, And Activity-Based Pricing | |
| |
| |
| The Profit-Maximizing Price | |
| |
| |
| Pricing Special Orders | |
| |
| |
| Cost-Plus Pricing | |
| |
| |
| Target Costing | |
| |
| |
| Analyzing Customer Profitability: Revisiting The Priced Right Office Supplies Case | |
| |
| |
| Customer Profitability And Performance Measures | |
| |
| |
| Activity-Based Pricing | |
| |
| |
| Summary Of Learning Objectives | |
| |
| |
| |
| Capital Budgeting And Other Long-Run Decisions | |
| |
| |
| Capital Budgeting Decisions | |
| |
| |
| Evaluating Investment Opportunities: Time Value Of Money Approaches | |
| |
| |
| Considering Soft | |
| |
| |
| Benefits In Investment Decisions | |
| |
| |
| Estimating The Required Rate Of Return | |
| |
| |
| Additional Cash Flow Considerations | |
| |
| |
| Other Long-Run Decisions | |
| |
| |
| Simplified Approaches To Capital Budgeting | |
| |
| |
| Conflict Between Performance Evaluation And Capital Budgeting | |
| |
| |
| Wilson Air Example Revisited | |
| |
| |
| Summary Of Learning Objectives | |
| |
| |
| |
| Using Excel“ To Calculate NPV And IRR | |
| |
| |
| |
| |
| |
| |
| Budgetary Planning And Control | |
| |
| |
| Use Of Budgets In Planning And Control | |
| |
| |
| Developing The Budget | |
| |
| |
| The Master Budget | |
| |
| |
| Use Of Computers In The Budget Planning Process | |
| |
| |
| Budgetary Control | |
| |
| |
| Investigating Budget Variances | |
| |
| |
| Conflict In Planning And Control Uses Of Budgets | |
| |
| |
| Evaluation, Measurement, And Management Behavior | |
| |
| |
| The Preston Joystick Case Revisited | |
| |
| |
| Summary Of Learning Objectives | |
| |
| |
| |
| Standard Costs And Variance Analysis | |
| |
| |
| Standard Costs | |
| |
| |
| A General Approach To Variance Analysis | |
| |
| |
| Material Variances | |
| |
| |
| Direct Labor Variances | |
| |
| |
| Overhead Variances | |
| |
| |
| Comprehensive Example: Darrington Ice Cream | |
| |
| |
| Investigation Of Standard Cost Variances | |
| |
| |
| Responsibility Accounting And Variances | |
| |
| |
| Summary Of Learning Objectives | |
| |
| |
| Appendix Recording Standard Costs In Accounts | |
| |
| |
| |
| Decentralization And Performance Evaluation | |
| |
| |
| Why Firms Decentralize | |
| |
| |
| Why Companies Evaluate The Performance Of Subunits And Subunit Managers | |
| |
| |
| Cost Centers, Profit Centers, And Investment Centers | |
| |
| |
| Evaluating Investment Centers With ROI | |
| |
| |
| Evaluation Using Economic Value Added (EVA) | |
| |
| |
| Using A Balanced Scorecard To Evaluate Performance | |
| |
| |
| Developing A Strategy Map For A Balanced Scorecard | |
| |
| |
| Keys To A Successful Balanced Scorecard: Targets, Initiatives, Responsibility, Funding, Top Management Support | |
| |
| |
| Summary Of Learning Objectives | |
| |
| |
| Appendix Transfer Pricing | |
| |
| |
| Market Price As The Transfer Price | |
| |
| |
| Market Price And Opportunity Cost | |
| |
| |
| Variable Cost As The Transfer Price | |
| |
| |
| Full Cost Plus Profit As The Transfer Price | |
| |
| |
| Negotiated Transfer Prices | |
| |
| |
| Transfer Pricing And Income Taxes In An International Context | |
| |
| |
| |
| Statement Of Cash Flows | |
| |
| |
| Need For A Statement Of Cash Flows | |
| |
| |
| Types Of Business Activities And The Classification Of Cash Flows | |
| |
| |
| The Statement Of Cash Flows Prepared Using The Direct Method | |
| |
| |
| Preparing The Statement Of Cash Flows Using The Indirect Method | |
| |
| |
| Interpreting Information In The Statement Of Cash Flows: The Situation At Ravira Restaurant Supply | |
| |
| |
| Summary Of Learning Objectives | |
| |
| |
| |
| Analyzing Financial Statements: A Managerial Perspective | |
| |
| |
| Why Managers Analyze Financial Statements | |
| |
| |
| Horizontal And Vertical Analyses | |
| |
| |
| Earnings Management And The Need To Compare Earnings And Cash-Flow Information | |
| |
| |
| Other Sources Of Information On Financial Performance | |
| |
| |
| Ratio Analysis | |
| |
| |
| A Managerial Perspective On The Analysis Of HGW's Financial Statements | |
| |
| |
| Summary Of Analyses | |
| |
| |
| Summary Of Learning Objectives | |
| |
| |
| Glossary | |
| |
| |
| Photo Credits | |
| |
| |
| Index | |