Managerial Accounting For Dummies

Introduction 1 Part I: Introducing Managerial Accounting 7 Chapter 1: The Role of Managerial Accounting 9 Chapter 2: Using Managerial Accounting in Your Business 29 Part II: Understanding and Managing Costs 43 Chapter 3: Classifying Costs 45 Chapter 4: Figuring Cost of Goods Manufactured and Sold 57 Chapter 5: Teaching Costs to Behave: Variable and Fixed Costs 69 Chapter 6: Allocating Overhead 89 Chapter 7: Job Order Costing: Having It Your Way 105 Chapter 8: Process Costing: Get In Line 121 Part III: Using Costing Techniques for Decision-Making 145 Chapter 9: Straight to the Bottom Line: Examining Contribution Margin 147 Chapter 10: Capital Budgeting: Should You Buy That? 165 Chapter 11: Reality Check: Making and Selling More than One Product 179 Chapter 12: The Price Is Right: Knowing How Much to Charge 191 Chapter 13: Spreading the Wealth with Transfer Prices 203 Part IV: Planning and Budgeting 217 Chapter 14: Master Budgets: Planning for the Future 219 Chapter 15: Flexing Your Budget: When Plans Change 237 Part V: Using Managerial Accounting for Evaluation and Control 245 Chapter 16: Responsibility Accounting 247 Chapter 17: Variance Analysis: To Tell the Truth 259 Chapter 18: The Balanced Scorecard: Reviewing Your Business’s Report Card 279 Chapter 19: Using the Theory of Constraints to Squeeze Out of a Tight Spot 293 Part VI: The Part of Tens 301 Chapter 20: Ten Key Managerial Accounting Formulas 303 Chapter 21: Ten Careers in Managerial Accounting 311 Chapter 22: Ten Legends of Managerial Accounting 315 Index 319