Cost Accounting for Dummies Academic and Education, Business and Finance, Accounting, Business and Career, Politics and Government

Description

The easy way to get a grip on cost accounting Critical in supporting strategic business decisions andimproving profitability, cost accounting is arguably one of themost important functions in the accounting field. For businessstudents, cost accounting is a required course for those seeking anaccounting degree and is a popular elective among other businessmajors.Cost Accounting For Dummies tracks to a typical costaccounting course and provides in-depth explanations and reviews ofthe essential concepts you’ll encounter in your studies: how todefine costs as direct materials, direct labor, fixed overhead,variable overhead, or period costs; how to use allocationmethodology to assign costs to products and services; how toevaluate the need for capital expenditures; how to design a budgetmodel that forecast changes in costs based on expected activitylevels; and much more.Tracks to a typical cost accounting courseIncludes practical, real-world examplesWalks you though homework problems with detailed,easy-to-understand answersIf you’re currently enrolled in a cost accounting course, thishands-on, friendly guide gives you everything you need to masterthis critical aspect of accounting.