Cost Accounting For Dummies
| Author | : | |
| Rating | : | 4.80 (905 Votes) |
| Asin | : | 1118453808 |
| Format Type | : | paperback |
| Number of Pages | : | 408 Pages |
| Publish Date | : | 2014-07-21 |
| Language | : | English |
DESCRIPTION:
Louis Test Preparation (stltest). Ken Boyd is a former CPA with over 27 years of experience in accounting, education, and financial services. He provides online tutoring in accounting and finance to both undergraduate and graduate students.. Ken is the owner of St
From the Back CoverLearn to:Master important cost accounting conceptsApply your skills with real-world examplesScore your highest in a cost accounting courseGet a grip on cost accounting? Easy.Cost Accounting For Dummies tracks to a typical cost accounting course and provides in-depth explanations and reviews of the essential concepts you'll encounter in your studies: how to define costs as direct materials, direct labor, fixed overhead, variable overhead, or period costs; how to use allocation methodology to assign costs to products and services; how to evaluate the need for capital expenditures; how to design a budget model that forecasts changes in costs based on expected activity levels; and more.Cost Accounting 101 — find out how cost accounting relates to other areas of accounting, which types of costs are most important, and step-by-step explanations on cost-volume-profit and activity-based costingPlan for it — take a stroll through the budgeting process, analyze the differences between your budget and actual results using variances, and get the lowdown on overhead costsMake good decisions — get the scoop on cost drivers — and how they determine product price — to make good decisions in running a businessTake action — discover how to allocate costs, analyze business profitability, use shared resources, and moreOpen the book and find:Cost accounting terms and their purposesHow to use cost-volume-profit analysisThe hows and whats of activity-based costingWhy budgeting is importantThe concept of relevance in cost accountingConsiderations for process costingHow to search for measures of quality
For business students, cost accounting is a required course for those seeking an accounting degree and is a popular elective among other business majors.Cost Accounting For Dummies tracks to a typical cost accounting course and provides in-depth explanations and reviews of the essential concepts you'll encounter in your studies: how to define costs as direct materials, direct labor, fixed overhead, variable overhead, or period costs; how to use allocation methodology to assign costs to products and services; how to evaluate the need for capital expenditures; how to design a budget model that forecast changes in costs based on expected activity levels; and much more.Tracks to a typical cost accounting courseIncludes practical, real-world examplesWalks you though homework problems with detailed, easy-to-understand answersIf you're currently enrolled in a cost accounting course, this hands-on, friendly guide gives you everything you need to master this critical aspect of accounting.. The easy way to get a grip on cost accountingCritical in supporting strategic business decisions and improving profitability, cost accounting is arguably one of the most important functions in the accounting field
Staubatn said Finally a book that made sense!. This was an extremely difficult topic for me. I've made a couple of attempts to pass this class in school. Nothing the teacher said/presented or the textbook had written made sense to me. I had to go off on my own and buy "Cost Accounting for Dummies" before I could understand any of this. This book was written in a way I could understand. It's simple, quick, and moderately entertaining given the subject matter. If you're struggling like I was, then this is a mu. Excellent book! Barry Schoenborn What a difference this book makes! I've been in business over 25 years, but didn't have any real understanding of cost accounting. This book makes everything much clearer. I learned things I should have grasped years ago.It's well written, with lots of detail. And, because it's a For Dummies book, you can count on a direct, simple approach to all topics, and a lot of light moments. I own about 20 For Dummies books and I'm never disappointed.Whether you're in man. EM said Great backup for class text. I used this book to help with fine details in a cost accounting class. It helped with understandable explanations of terms and formulas. I got an A