Management and Cost Accounting For Dummies - UK

Introduction 1 Part I: Getting Started with Management and Cost Accounting 7 Chapter 1: Planning and Control: The Role of Management Accounting 9 Chapter 2: Using Management Accounting in Your Business 27 Part II: Understanding and Managing Costs 45 Chapter 3: Classifying Direct and Indirect Costs 47 Chapter 4: Allocating, Apportioning and Absorbing Overhead 71 Chapter 5: Costing Products Flowing Through a Business 95 Chapter 6: Job Costing: Pricing Individual Orders 105 Chapter 7: Process Costing: Tracking What’s Produced and How Much it Costs 119 Chapter 8: Observing How Variable and Fixed Costs Behave 143 Part III: Planning and Budgeting 161 Chapter 9: Using Contribution Analysis to Make Better Decisions 163 Chapter 10: Decision-Making Within the Reality of Limited Capacity 189 Chapter 11: Deciding on Long-Term Purchases: Capital Budgeting 205 Chapter 12: Naming Your Price: Approaches to Decision-Making 229 Chapter 13: Doing Deals between Company Divisions: Transfer Prices 243 Chapter 14: Planning Budgets for the Future 259 Part IV: Using Management Accounting for Evaluation and Control 279 Chapter 15: Using Flexible Budgets to Exert Control 281 Chapter 16: Variance Analysis: Flexing Standard Costs 293 Chapter 17: Establishing Accountability with Responsibility Accounting 317 Chapter 18: The Balanced Scorecard: Reviewing Your Business’s Report Card 329 Chapter 19: Squeezing Out of a Tight Spot with the Theory of Constraints 347 Part V: The Part of Tens 357 Chapter 20: Ten Key Management Accounting Formulas 359 Chapter 21: Ten Careers in Management Accounting 371 Index 375