Fundamentals of Cost Accounting. (Record no. 2467)
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| fixed length control field | 11173nam a22005173i 4500 |
| 001 - CONTROL NUMBER | |
| control field | EBC6861909 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | MiAaPQ |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20260223095942.0 |
| 006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS | |
| fixed length control field | m o d | |
| 007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION | |
| fixed length control field | cr cnu|||||||| |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 250813s2022 xx o ||||0 eng d |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 9781265569105 |
| Qualifying information | (electronic bk.) |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| Canceled/invalid ISBN | 9781265117702 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (MiAaPQ)EBC6861909 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (Au-PeEL)EBL6861909 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (OCoLC)1295280010 |
| 040 ## - CATALOGING SOURCE | |
| Original cataloging agency | MiAaPQ |
| Language of cataloging | eng |
| Description conventions | rda |
| -- | pn |
| Transcribing agency | MiAaPQ |
| Modifying agency | MiAaPQ |
| 050 #4 - LIBRARY OF CONGRESS CALL NUMBER | |
| Classification number | HF5686.C8 .L364 2022 |
| 082 0# - DEWEY DECIMAL CLASSIFICATION NUMBER | |
| Classification number | 657.42 |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Lanen, William. |
| 245 10 - TITLE STATEMENT | |
| Title | Fundamentals of Cost Accounting. |
| 250 ## - EDITION STATEMENT | |
| Edition statement | 7th ed. |
| 264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE | |
| Place of production, publication, distribution, manufacture | New York : |
| Name of producer, publisher, distributor, manufacturer | McGraw-Hill US Higher Ed ISE, |
| Date of production, publication, distribution, manufacture, or copyright notice | 2022. |
| 264 #4 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE | |
| Date of production, publication, distribution, manufacture, or copyright notice | ©2023. |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 1 online resource (1471 pages) |
| 336 ## - CONTENT TYPE | |
| Content type term | text |
| Content type code | txt |
| Source | rdacontent |
| 337 ## - MEDIA TYPE | |
| Media type term | computer |
| Media type code | c |
| Source | rdamedia |
| 338 ## - CARRIER TYPE | |
| Carrier type term | online resource |
| Carrier type code | cr |
| Source | rdacarrier |
| 505 0# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | Cover -- Title -- Copyright -- About the Authors -- Dedication -- Step into the Real World -- What's New in the Seventh Edition? -- Connect Page -- Acknowledgments -- Brief Contents -- Contents -- Half Title -- 1 Cost Accounting: Information for Decision Making -- Business Application: Understanding Costs in a Small Business -- Value Creation in Organizations -- Why Start with Value Creation? -- Value Chain -- Supply Chain and Distribution Chain -- Business Application: Choosing Where to Operate in the Supply Chain -- Using Cost Information to Increase Value -- Accounting and the Value Chain -- Accounting Systems -- Financial Accounting -- Cost Accounting -- Cost Accounting, GAAP, and IFRS -- Customers of Cost Accounting -- Key Financial Players in the Organization -- Our Framework for Assessing Cost Accounting Systems -- The Manager's Job Is to Make Decisions -- Decision Making Requires Information -- Finding and Eliminating Activities That Don't Add Value -- Identifying Strategic Opportunities Using Cost Analysis -- Owners Use Cost Information to Evaluate Managers -- Cost Data for Managerial Decisions -- Costs for Decision Making -- Business Application: Reducing Costs by Making Small Changes -- Costs for Control and Evaluation -- Different Data for Different Decisions -- Trends in Cost Accounting and Business Decisions -- Cost Accounting in the Value Chain -- Creating Value in the Organization -- Enterprise Resource Planning -- Critical Thinking and Data Analytics -- Applying the Framework -- Choices: Ethical Issues for Accountants -- What Makes Ethics So Important? -- IMA Code of Ethics -- The Sarbanes-Oxley Act of 2002 and Ethics -- Business Application: Accounting Decisions at Tesco: Choices and Consequences -- Cost Accounting and Other Business Disciplines -- Key Takeaways -- Summary -- Key Terms -- Review Questions. |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | Critical Analysis and Discussion Questions -- Exercises -- Problems -- Integrative Cases -- Solutions to Self-Study Questions -- 2 Cost Concepts and Behavior -- What Is a Cost? -- Cost versus Expenses -- Presentation of Costs in Financial Statements -- Service Organizations -- Retail and Wholesale Companies -- Business Application: Components of Cost of Goods Sold for a Retailer -- Manufacturing Companies -- Direct and Indirect Manufacturing (Product) Costs -- Prime Costs and Conversion Costs -- Nonmanufacturing (Period) Costs -- Cost Allocation -- Direct versus Indirect Costs -- Business Application: Indirect Costs and Allocating Costs to Contracts -- Details of Manufacturing Cost Flows -- How Costs Flow through the Statements -- Income Statements -- Cost of Goods Manufactured and Sold -- Direct Materials -- Work in Process -- Finished Goods Inventory -- Cost of Goods Manufactured and Sold Statement -- Cost Behavior -- Fixed versus Variable Costs -- Components of Product Costs -- Unit Fixed Costs Can Be Misleading for Decision Making -- Business Application: The Importance of Gross Margin -- How to Make Cost Information More Useful for Managers -- Gross Margin versus Contribution Margin Income Statements -- Developing Financial Statements for Decision Making -- Key Takeaways -- Summary -- Key Terms -- Review Questions -- Critical Analysis and Discussion Questions -- Exercises -- Problems -- Integrative Case -- Solutions to Self-Study Questions -- 3 Fundamentals of Cost-Volume-Profit Analysis -- Cost-Volume-Profit Analysis -- Business Application: How "Big Oil" Uses Break-Even Analysis -- Profit Equation -- CVP Example -- Graphic Presentation -- Profit-Volume Model -- Use of CVP to Analyze the Effect of Different Cost Structures -- Business Application: Operating Leverage as a Framework to Describe a Business Model -- Margin of Safety. |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | CVP Analysis with Spreadsheets -- Extensions of the CVP Model -- Income Taxes -- Multiproduct CVP Analysis -- Alternative Cost Structures -- Assumptions and Limitations of CVP Analysis -- Data Analytics and CVP Analysis -- Key Takeaways -- Summary -- Key Terms -- Review Questions -- Critical Analysis and Discussion Questions -- Exercises -- Problems -- Integrative Case -- Solutions to Self-Study Questions -- 4 Fundamentals of Cost Analysis for Decision Making -- Business Application: Outsourcing and the Effect of Corporate Culture -- Differential Analysis -- Differential Costs versus Total Costs -- Differential Analysis and Pricing Decisions -- Short-Run versus Long-Run Pricing Decisions -- Short-Run Pricing Decisions: Special Orders -- Long-Run Pricing Decisions -- Long-Run versus Short-Run Pricing: Is There a Difference? -- Cost Analysis for Pricing -- Legal Issues Relating to Costs and Sales Prices -- Predatory Pricing -- Dumping -- Price Discrimination -- Peak-Load Pricing -- Price-Fixing -- Use of Differential Analysis for Production Decisions -- Make-It or Buy-It Decisions -- Make-or-Buy Decisions Involving Differential Fixed Costs -- Opportunity Costs of Making -- Business Application: Insourcing -- Decision to Add or Drop a Product Line or Close a Business Unit -- Product Choice Decisions -- The Theory of Constraints -- Key Takeaways -- Summary -- Key Terms -- Review Questions -- Critical Analysis and Discussion Questions -- Exercises -- Problems -- Integrative Cases -- Solutions to Self-Study Questions -- 5 Cost Estimation -- Why Estimate Costs? -- Business Application: Data Analytics for Managing Operations and Forecasting Revenue -- Basic Cost Behavior Patterns -- What Methods Are Used to Estimate Cost Behavior? -- Engineering Method -- Business Application: Engineering Analysis and the Construction of Healthcare Projects. |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | Account Analysis Method -- Statistical Cost Estimation -- Multiple Regression -- Practical Implementation Problems -- Learning Phenomenon -- Business Application: The Importance of Learning and Reduced Costs -- Applications -- How Is an Estimation Method Chosen? -- Data Problems -- Effect of Different Methods on Cost Estimates -- Key Takeaways -- Summary -- Key Terms -- Appendix A: Regression Analysis Using Microsoft Excel® -- Appendix B: Learning Curves -- Review Questions -- Critical Analysis and Discussion Questions -- Exercises -- Problems -- Integrative Cases -- Solutions to Self-Study Questions -- 6 Fundamentals of Product and Service Costing -- Cost Management Systems -- Reasons to Calculate Product or Service Costs -- Business Application: Who's Responsible for These Costs? -- Cost Allocation and Product Costing -- Cost Flow Diagram -- Fundamental Themes Underlying the Design of Cost Systems for Managerial Purposes -- Costing in a Single-Product, Continuous Process Industry -- Basic Cost Flow Model -- Costing with No Work-in-Process Inventories -- Costing with Ending Work-in-Process Inventories -- Costing in a Multiple-Product, Discrete Process Industry -- Predetermined Overhead Rates -- Product Costing of Multiple Products -- Choice of the Allocation Base for Predetermined Overhead Rate -- Choosing among Possible Allocation Bases -- Multiple Allocation Bases and Two-Stage Systems -- Choice of Allocation Bases -- Different Companies, Different Production and Costing Systems -- Operations Costing: An Illustration -- Key Takeaways -- Summary -- Key Terms -- Review Questions -- Critical Analysis and Discussion Questions -- Exercises -- Problems -- Integrative Cases -- Solutions to Self-Study Questions -- 7 Job Costing -- Defining a Job -- Using Accounting Records in a Job Shop -- Computing the Cost of a Job -- Production Process at Gupta Designs. |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | Records of Costs at Gupta Designs -- How Manufacturing Overhead Costs Are Recorded at Gupta Designs -- The Job Cost Sheet -- Over- and Underapplied Overhead -- An Alternative Method of Recording and Applying Manufacturing Overhead -- Multiple Allocation Bases: The Two-Stage Approach -- Summary of Steps in a Job Costing System -- Using Job Costing in Service Organizations -- Ethical Issues and Job Costing -- Misstating the Stage of Completion -- Charging Costs to the Wrong Jobs -- Business Application: Cost Allocation and Government Contracts -- Misrepresenting the Cost of Jobs -- Managing Projects -- Business Application: Fraudulent Reporting of Project Completion to Improve Financial Performance -- Key Takeaways -- Summary -- Key Terms -- Review Questions -- Critical Analysis and Discussion Questions -- Exercises -- Problems -- Integrative Cases -- Solutions to Self-Study Questions -- 8 Process Costing -- Determining Equivalent Units -- Using Product Costing in a Process Industry -- Step 1: Measure the Physical Flow of Resources -- Step 2: Compute the Equivalent Units of Production -- Business Application: Overstating Equivalent Units to Commit Fraud -- Step 3: Identify the Product Costs for Which to Account -- Required: An Assumption about Costs and the Work-in-Process Inventory -- Step 4: Compute the Costs per Equivalent Unit: Weighted Average -- Step 5: Assign Product Cost to Batches of Work: Weighted-Average Process Costing -- Reporting This Information to Managers: The Production Cost Report -- Sections 1 and 2: Managing the Physical Flow of Units -- Sections 3, 4, and 5: Managing Costs -- Assigning Costs Using First-In, First-Out (FIFO) Process Costing -- Step 1: Measure the Physical Flow of Resources -- Step 2: Compute the Equivalent Units of Production -- Step 3: Identify the Product Costs for Which to Account. |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | Step 4: Compute the Costs per Equivalent Unit: FIFO. |
| 588 ## - SOURCE OF DESCRIPTION NOTE | |
| Source of description note | Description based on publisher supplied metadata and other sources. |
| 590 ## - LOCAL NOTE (RLIN) | |
| Local note | Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2025. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Cost accounting-Handbooks, manuals, etc. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Cost accounting-Standards. |
| 655 #4 - INDEX TERM--GENRE/FORM | |
| Genre/form data or focus term | Electronic books. |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Anderson, Shannon. |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Maher, Michael. |
| 776 08 - ADDITIONAL PHYSICAL FORM ENTRY | |
| Relationship information | Print version: |
| Main entry heading | Lanen, William |
| Title | Fundamentals of Cost Accounting |
| Place, publisher, and date of publication | New York : McGraw-Hill US Higher Ed ISE,c2022 |
| International Standard Book Number | 9781265117702 |
| 797 2# - LOCAL ADDED ENTRY--CORPORATE NAME (RLIN) | |
| Corporate name or jurisdiction name as entry element | ProQuest (Firm) |
| 856 40 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://ebookcentral-proquest-com.mlisicats.remotexs.co/lib/ppks/detail.action?docID=6861909">https://ebookcentral-proquest-com.mlisicats.remotexs.co/lib/ppks/detail.action?docID=6861909</a> |
| Public note | Click to View |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Library of Congress Classification |
| Koha item type | E-Book |
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