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Bibliographical Data
| Title: | Managerial and Cost Accounting
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| Author: | Larry M. Walther & Christopher J. Skousen
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| Subjects: | Business, Economics
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| Key words: | Managerial Accounting, Management Accounting, Decision Making, Planning, Strategy, Break-Even, Sensitivity Analysis
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| Education Level: | Higher Education
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| License: | All Rights Reserved - Standard Copyright
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Abstract
This book is the sixth of seven books which introduces the basic principles of accounting. This book introduces managerial accounting, with a primary focus on internal business reporting, decision making, planning, strategy, budgets, and cost control. Cost-volume-profit analysis, variable cost, fixed costs, mixed costs are introduced. Break-even analysis, contributions margin, target income calculations, and sensitivity analysis are all discussed in detail. In addition, product costs, job costing, process costing, and activity-based costing are introduced.
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