Description
Cornerstones of Cost Management Edition 4 by Don R. Hansen EBOOK PDF Instant Download
Table of Contents
Brief Contents
Contents
About the Authors and Acknowledgments
Key Changes to This Edition
Chapter 1: Introduction to Cost Management
Financial Accounting versus Cost Management: A Systems Framework
Factors Affecting Cost Management
The Role of the Management Accountant
Accounting and Ethical Conduct
Certification
Summary of Learning Objectives
Key Terms
Discussion Questions
Exercises
Multiple Choice Exercises
Problems
Cyber-Research Case
Chapter 2: Basic Cost Management Concepts
A Systems Framework
Cost Assignment: Direct Tracing, Driver Tracing, and Allocation
Product and Service Costs
External Financial Statements
Traditional and Activity-Based Cost Management Systems
Summary of Learning Objectives
Key Terms
Review Problems
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Product Cost Definitions: Ethics Case
Cyber-Research Case
Chapter 3: Cost Behavior
Basics of Cost Behavior
Resources, Activities, and Cost Behavior
Methods of Determining Cost Behavior
Quantitative Methods for Separating Mixed Costs into Fixed and Variable Components
Reliability of Cost Formulas
Multiple Regression
The Learning Curve and Nonlinear Cost Behavior
Managerial Judgment
Summary of Learning Objectives
Key Terms
Review Problems
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Cyber-Research Case
Chapter 4: Activity-Based Costing
Unit-Level Product Costing
Limitations of Plantwide and Departmental Rates
Activity-Based Costing System
Summary of Learning Objectives
Key Terms
Review Problem
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Cyber-Research Case
Integrative Exercises
Chapter 5: Product and Service Costing: Job-Order System
Characteristics of the Production Process
Setting Up the Cost Accounting System
The Job-Order Costing System: General Description
Job-Order Costing: Specific Cost Flow Description
Job-Order Costing with Activity-Based Costing
Accounting for Spoiled Units in a Traditional Job-Order Costing System
Summary of Learning Objectives
Key Terms
Review Problems
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Research Assignment
Cyber-Research Case
Chapter 6: Process Costing
Basic Operational and Cost Concepts
Process Costing with No Work-In-Process Inventories
Process Costing with Ending Work-In-Process Inventories
FIFO Costing Method
Weighted Average Costing Method
Treatment of Transferred-In Goods
Operation Costing
Summary of Learning Objectives
Key Terms
Appendix: Spoiled Units
Review Problems
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Cyber-Research Case
Chapter 7: Allocating Costs of Support Departments and Joint Products
An Overview of Cost Allocation
Allocating One Department’s Costs to Other Departments
Choosing a Support Department Cost Allocation Method
Departmental Overhead Rates and Product Costing
Accounting for Joint Production Processes
Summary of Learning Objectives
Key Terms
Review Problems
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Cyber-Research Case
Chapter 8: Budgeting for Planning and Control
The Role of Budgeting in Planning and Control
Preparing the Operating Budget
Preparing the Financial Budget
Flexible Budgets for Planning and Control
Activity-Based Budgets
The Behavioral Dimension of Budgeting
Summary of Learning Objectives
Key Terms
Review Problems
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Cyber-Research Case
Chapter 9: Standard Costing: A Functional-Based Control Approach
Developing Unit Input Standards
Standard Cost Sheets
Variance Analysis and Accounting: Direct Materials and Direct Labor
Variance Analysis: Overhead Costs
Mix and Yield Variances: Materials and Labor
Summary of Learning Objectives
Key Terms
Review Problem
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Cyber-Research Case
Chapter 10: Decentralization: Responsibility Accounting, Performance Evaluation, and Transfer Pricin
Responsibility Accounting
Decentralization
Measuring the Performance of Investment Centers
Measuring and Rewarding the Performance of Managers
Transfer Pricing
Setting Transfer Prices
Summary of Learning Objectives
Key Terms
Review Problems
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Cyber-Research Case
Integrative Exercises
Chapter 11: Strategic Cost Management
Strategic Cost Management: Basic Concepts
Value-Chain Analysis
Life-Cycle Cost Management
Just-in-Time (JIT) Manufacturing and Purchasing
JIT and Its Effect on the Cost Management System
Summary of Learning Objectives
Key Terms
Review Problems
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Cyber-Research Case
Chapter 12: Activity-Based Management
The Relationship of Activity-Based Costing and Activity-Based Management
Process Value Analysis
Financial Measures of Activity Efficiency
Implementing Activity-Based Management
Financial-Based versus Activity-Based Responsibility Accounting
Summary of Learning Objectives
Key Terms
Review Problems
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Cyber-Research Case
Chapter 13: The Balanced Scorecard: Strategic-Based Control
Activity-Based versus Strategic-Based Responsibility Accounting
Basic Concepts of the Balanced Scorecard
Linking Measures to Strategy
Strategic Alignment
Summary of Learning Objectives
Key Terms
Review Problems
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Cyber-Research Case
Chapter 14: Quality and Environmental Cost Management
Costs of Quality
Reporting Quality Costs
Quality Cost Information and Decision Making
Controlling Quality Costs
Defining, Measuring, and Controlling Environmental Costs
Environmental Costing
Summary of Learning Objectives
Key Terms
Review Problems
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Cyber-Research Case
Chapter 15: Lean Accounting and Productivity Measurement
Lean Manufacturing
Lean Accounting
Productive Efficiency
Total Productivity Measurement
Summary of Learning Objectives
Key Terms
Review Problems
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Cyber-Research Case
Integrative Exercises
Chapter 16: Cost-Volume-Profit Analysis
The Break-Even Point and Target Profit in Units and Sales Revenue
After-Tax Profit Targets
Multiple-Product Analysis
Graphical Representation of CVP Relationships
Changes in the CVP Variables
CVP Analysis and Non-Unit Cost Drivers
Summary of Learning Objectives
Summary of Important Equations
Key Terms
Review Problems
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Cyber-Research Case
Chapter 17: Activity Resource Usage Model and Tactical Decision Making
Tactical Decision Making
Relevant Costs and Revenues
Relevancy, Cost Behavior, and the Activity Resource Usage Model
Illustrative Examples of Tactical Decision Making
Summary of Learning Objectives
Key Terms
Review Problem
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Cyber-Research Case
Chapter 18: Pricing and Profitability Analysis
Basic Pricing Concepts
Cost and Pricing Policies
The Legal System and Pricing
Measuring Profit
Analysis of Profit-Related Variances
The Product Life Cycle
Limitations of Profit Measurement
Summary of Learning Objectives
Key Terms
Review Problems
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Cyber-Research Case
Chapter 19: Capital Investment
Capital Investment Decisions
Payback and Accounting Rate of Return: Nondiscounting Methods
The Net Present Value Method
Internal Rate of Return
NPV versus IRR: Mutually Exclusive Projects
Computing After-Tax Cash Flows
Capital Investment: Advanced Technology and Environmental Considerations
Summary of Learning Objectives
Key Terms
Appendix A: Present Value Concepts
Appendix B: Present Value Tables
Review Problems
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Cyber-Research Case
Chapter 20: Inventory Management: Economic Order Quantity, JIT, and the Theory of Constraints
Just-in-Case Inventory Management
JIT Inventory Management
Basic Concepts of Constrained Optimization
Theory of Constraints
Summary of Learning Objectives
Key Terms
Review Problems
Discussion Questions
Cornerstone Exercises
Exercises
Multiple Choice Exercises
Problems
Cyber-Research Case
Integrative Exercises
Glossary
Check Figures
Index
