Test Bank for Principles of Cost Accounting, 17th Edition

Product details:

• ISBN-10 ‏ : ‎ 1305087402
• ISBN-13 ‏ : ‎ 978-1305087408
• Author: Edward J. Vanderbeck, Maria R. Mitchell

Discover how readable and relevant cost accounting can be with PRINCIPLES OF COST ACCOUNTING, 17E. This edition packs the essentials you need to know in a unique 10-chapter format that is well organized, practical, and concise. You gain a thorough understanding of cost concepts, cost behavior, and cost accounting techniques as they apply to manufacturing and service businesses. To ensure understanding, the book introduces concepts in small, manageable sections that are immediately reinforced with proven questions, demonstration problems, practice exercises, and self-study quizzes. You master the fundamentals of job order costing and process costing before progressing to more advanced topics, such as budgeting, standard costing and variance analysis, costing for service businesses, and cost analysis for management decisions. Focus on skills that will take you far in today’s competitive job market as you learn how to determine the costs of products and services and how to set effective selling prices. Learn techniques to measure the performance of managers and discover how to use accounting to achieve organization’s goals. Find the relevant approach you need with the most up-to-date presentation of accounting skills in PRINCIPLES OF COST ACCOUNTING, 17E and corresponding CengageNOW online homework tools.

Table of contents:

Ch 1: Introduction to Cost Accounting

1.1 Uses of Cost Accounting Information

1.2 Professional Ethics, CMA Certification, and Corporate Governance

1.3 Relationship of Cost Accounting to Financial and Management Accounting

1.4 Elements of Manufacturing Costs

1.5 Illustration of Accounting for Manufacturing Costs

1.6 Cost Accounting Systems

1.7 Illustration of a Job Order Cost System

Appendix: IMA Statement of Ethical Professional Practice

Ch 2: Accounting for Materials

2.1 Materials Control

2.2 Materials Control Procedures

2.3 Accounting for Materials

2.4 Just-in-Time Materials Control

2.5 Scrap, Spoiled Goods, and Defective Work

Ch 3: Accounting for Labor

3.1 Wage Plans

3.2 Controlling Labor Cost

3.3 Accounting for Labor Costs and Employers’ Payroll Taxes

3.4 Payroll Accrual

3.5 Special Labor Cost Problems

Ch 4: Accounting for Factory Overhead

4.1 Identifying Cost Behavior Patterns

4.2 Analyzing Semivariable Factory Overhead Costs

4.3 Budgeting Factory Overhead Costs

4.4 Accounting for Actual Factory Overhead

4.5 Distributing Service Department Expenses

4.6 Applying Factory Overhead to Production

4.7 Accounting for Actual and Applied Factory Overhead

Ch 5: Process Cost Accounting-General Procedures

5.1 Comparison of Basic Cost Systems

5.2 Product Cost in a Process Cost System

5.3 Work in Process Inventories

5.4 Cost of Production Summary-One Department, No Beginning Inventory

5.5 Cost of Production Summary-One Department Beginning Inventory

5.6 Cost of Production Summary-Multiple Departments, No Beginning Inventory

5.7 Cost of Production Summary-Multiple Departments, Beginning Inventory

5.8 Changes in Prior Department’s Unit Transfer Cost

Ch 6: Process Cost Accounting-Additional Procedures; Accounting for Joint Products and By-Products

6.1 Equivalent Production-Materials Not Uniformly Applied

6.2 Units Lost in Production

6.3 Units Gained in Production

6.4 Equivalent Production: First-In, First-Out Method

6.5 Joint Products and By-Products

People also search:

principles of cost accounting 17th edition pdf

principles of cost accounting 17th edition solutions manual pdf

principles of cost accounting 17th edition pdf free