Cost Accounting For Dummies (For Dummies)

by Kenneth W. Boyd

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The easy way to get a grip on cost accounting

Critical in supporting strategic business decisions and improving profitability, cost accounting is arguably one of the most important functions in the accounting field. 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 answers

If 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.

  • ISBN13 9781118453810
  • Publish Date 11 February 2013 (first published 1 January 2013)
  • Publish Status Active
  • Out of Print 21 March 2022
  • Publish Country US
  • Imprint John Wiley & Sons Inc