Opentextbooks
Accounting_Principles_Vol._2
Jackie Sharman
Computers & Technology
Accounting_Principles_Vol._2
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Contents
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19. Process: Cost systems
Nature of a process cost system
Process costing illustration
Process costing in service organizations
Spoilage
20. Using accounting for quality and cost management
Importance of good accounting information
Quality and customer satisfaction measures
Just-in-time method
Activity-based costing and management
Methods used for activity-based costing
Impact of new production environment on cost drivers
Activity-based costing in marketing
Strategic use of activity-based management
Behavioral and implementation issues
Opportunities to improve activity-based costing in practice
21. Cost-volume-profit analysis
Cost behavior patterns
Methods for analyzing costs
Cost-volume-profit (CVP) analysis
Finding the break-even point
Cost-volume-profit analysis illustrated
Assumptions made in cost-volume-profit analysis
Using computer spreadsheets for CVP analysis
Effect of automation on cost-volume-profit analysis
22. Short-term decision making: Differential analysis
Contribution margin income statements
Differential analysis
Applications of differential analysis
Applying differential analysis to quality
23. Budgeting for planning and control
The budget—For planning and control
The master budget illustrated
Budgeting in merchandising companies
Budgeting in service companies
Additional concepts related to budgeting
24. Control through standard costs
Uses of standard costs
Advantages and disadvantages of using standard costs
Computing variances
Goods completed and sold
Investigating variances from standard
Disposing of variances from standard
Nonfinancial performance measures
Activity-based costing, standards, and variances
25. Responsibility accounting: Segmental analysis
Responsibility accounting
Responsibility reports
Responsibility centers
Transfer prices
Use of segmental analysis
Concepts used in segmental analysis
Investment center analysis
Economic value added and residual income
Segmental reporting in external financial statements
26. Capital budgeting:Long-range planning
Capital budgeting defined
Profitability index
Investments in working capital
The postaudit
Investing in high technology projects
Capital budgeting in not-for-profit organizations
Epilogue
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