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ISE EBook Online Access for Managerial Accounting.

Bibliographic Details
Main Author: HILTON.
Format: eBook
Language:English
Published: : McGraw-Hill US Higher Ed ISE, 2020.
Edition:12th ed.
Subjects:
Electronic books.
Online Access:View fulltext via EzAccess
Table of Contents:
  • Cover
  • Title
  • Copyright
  • Dedication
  • Preface
  • Connect
  • Acknowledgments
  • Brief Contents
  • Contents
  • Managerial Accounting
  • 1 The Crucial Role of Managerial Accounting in a Dynamic Business Environment
  • Managerial Accounting: A Business Partnership with Management
  • Managing Resources, Activities, and People
  • Decision Making
  • Planning
  • Directing Operational Activities
  • Controlling
  • How Managerial Accounting Adds Value to the Organization
  • Objectives of Managerial Accounting Activity
  • M.A.P. Using Managerial Accounting To Monetize the Internet
  • The Balanced Scorecard
  • Managerial Accounting in Different Types of Organizations
  • Managerial versus Financial Accounting
  • Where Do We Find Managerial Accountants in an Organization?
  • Cross-Functional Deployment
  • The Operational Context of Managerial Accounting
  • Managerial Accounting and the Value Chain
  • Capacity and Capacity Costs
  • M.A.P. Managing the Costs of Unused Capacity in the Auto Industry: A Global Challenge
  • Big Data, Data Analytics, and Managerial Accounting
  • Managerial Accounting as a Career
  • Professional Organizations
  • Professional Certification
  • Managerial Accounting and the Ethical Climate of Business
  • Focus on Ethics: IMA Statement of Ethical Professional Practice
  • Chapter Summary
  • Key Terms
  • Review Questions
  • Exercises
  • Problems
  • Case
  • 2 Basic Cost Management Concepts
  • What Do We Mean by a Cost?
  • Product Costs, Period Costs, and Expenses
  • Costs on Financial Statements
  • Income Statement
  • Balance Sheet
  • Manufacturing Operations and Manufacturing Costs
  • Assembly Manufacturing
  • Manufacturing Costs
  • Manufacturing Cost Flows
  • NonManufacturing Production Costs
  • Basic Cost Management Concepts: Different Costs for Different Purposes
  • Cost Drivers
  • Variable and Fixed Costs.
  • M.A.P. Managing Health Care Costs Through Cost Behavior
  • Cost Management and Accountability
  • Economic Cost Concepts
  • Costs and Benefits of Information
  • M.A.P. How Airlines Make Money Today
  • Costs in the Service Industry
  • Focus on Ethics: Ethics 101: Is "Just Following Orders" an Acceptable Excuse?
  • Chapter Summary
  • Review Problems on Cost Classifications
  • Key Terms
  • Review Questions
  • Exercises
  • Problems
  • Cases
  • 3 Product Costing and Cost Accumulation in a Batch Production Environment
  • Product and Service Costing
  • Product Costing in Nonmanufacturing Firms
  • Flow of Costs in Manufacturing Firms
  • Types of Product-Costing Systems
  • Job-Order Costing Systems
  • Process-Costing Systems
  • Summary of Product-Costing System Alternatives
  • Accumulating Costs in a Job-Order Costing System
  • Job-Cost Record
  • Direct-Material Costs
  • M.A.P. Big Data "Use Cases" In Managing Costs and Profits
  • Direct-Labor Costs
  • Manufacturing-Overhead Costs
  • Summary of Event Sequence in Job-Order Costing
  • Illustration of Job-Order Costing
  • Purchase of Material
  • Use of Direct Material
  • Use of Indirect Material
  • Use of Direct Labor
  • Use of Indirect Labor
  • Manufacturing-Overhead Costs Incurred
  • Application of Manufacturing Overhead
  • Summary of Overhead Accounting
  • Selling and Administrative Costs
  • Completion of a Production Job
  • Sale of Goods
  • Underapplied and Overapplied Overhead
  • Schedule of Cost of Goods Manufactured
  • Schedule of Cost of Goods Sold
  • Posting Journal Entries to the Ledger
  • Further Aspects of Overhead Application
  • Actual and Normal Costing
  • Choosing the Cost Driver for Overhead Application
  • Departmental Overhead Rates
  • Two-Stage Cost Allocation
  • Project Costing: Job-Order Costing in Nonmanufacturing Organizations.
  • Focus on Ethics: Learning from Past Mistakes: Boeing Finds it Doesn't Pay to Hide Problems from Investors
  • Chapter Summary
  • Review Problem on Job-Order Costing
  • Key Terms
  • Review Questions
  • Exercises
  • Problems
  • Cases
  • 4 Process Costing and Hybrid Product-Costing Systems
  • Comparison of Job-Order Costing and Process Costing
  • Flow of Costs
  • Differences Between Job-Order and Process Costing
  • Equivalent Units: A Key Concept
  • Equivalent Units
  • Illustration of Process Costing
  • Basic Data for Illustration
  • M.A.P. New York Wine Industry
  • Weighted-Average Method of Process Costing
  • Other Issues in Process Costing
  • Actual versus Normal Costing
  • Other Cost Drivers for Overhead Application
  • Subsequent Production Departments
  • Hybrid Product-Costing Systems
  • Operation Costing for Batch Manufacturing Processes
  • Chapter Summary
  • Review Problem on Process Costing
  • Key Terms
  • Review Questions
  • Exercises
  • Problems
  • Case
  • 5 Activity-Based Costing and Management
  • Traditional, Volume-Based Product-Costing System
  • Trouble in Denver
  • Activity-Based Costing System
  • ABC Stage One
  • ABC Stage Two
  • Interpreting the ABC Product Costs
  • The Punch Line
  • Why Traditional Volume-Based Systems Distort Product Costs
  • M.A.P. Cost Distortion at Rockwell International
  • Activity-Based Costing: Some Key Issues
  • Cost Drivers
  • M.A.P. Big Data and Activity-Based Costing in Services
  • Collecting ABC Data
  • Activity Dictionary and Bill of Activities
  • Activity-Based Management
  • Two-Dimensional ABC
  • Using ABM to Identify Non-Value-Added Activities and Costs
  • Customer-Profitability Analysis
  • Illustration of Customer-Profitability Analysis
  • M.A.P. Customer Profitability Analysis at Bank One Corp.
  • Activity-Based Costing in the Service Industry
  • Time-Driven Activity-Based Costing.
  • Activity-Based Costing at Immunity Medical Center
  • Interpreting the Primary Care Unit's TDABC Information
  • Focus on Ethics: Conflict of Interest: Ethical Challenges In Making Product Changes
  • Chapter Summary
  • Review Problem on Cost Drivers and Product-Cost Distortion
  • Key Terms
  • Review Questions
  • Exercises
  • Problems
  • Cases
  • 6 Activity Analysis, Cost Behavior, and Cost Estimation
  • Cost Behavior Patterns
  • Variable Costs
  • Step-Variable Costs
  • Fixed Costs
  • Step-Fixed Costs
  • Semivariable Cost
  • Curvilinear Cost
  • Using Cost Behavior Patterns to Predict Costs
  • M.A.P. Is Direct Labor a Variable or a Fixed Cost?
  • Engineered, Committed, and Discretionary Costs
  • Cost Behavior in Other Industries
  • Cost Estimation
  • Account-Classification Method
  • Visual-Fit Method
  • High-Low Method
  • Least-Squares Regression Method
  • Multiple Regression
  • Data Collection Issues
  • Engineering Method of Cost Estimation
  • Big Data and Data Analytics
  • Characteristics and Potential Uses of Big Data
  • Data Analytics and Data Visualization
  • Effect of Learning on Cost Behavior
  • Focus on Ethics: Cisco Systems, Walmart, Taco Bell, Starbucks, U-Haul, General Dynamics, and Farmers Insurance: Is Direct Labor a Variable Cost?
  • Chapter Summary
  • Review Problems on Cost Behavior and Estimation
  • Key Terms
  • Appendix to Chapter 6: Least-Squares Regression Using Microsoft® Excel
  • Review Questions
  • Exercises
  • Problems
  • Cases
  • 7 Cost-Volume-Profit Analysis
  • Illustration of Cost-Volume-Profit Analysis
  • Projected Expenses and Revenue
  • The Break-Even Point
  • Contribution-Margin Approach
  • Graphing Cost-Volume-Profit Relationships
  • Interpreting the CVP Graph
  • Alternative Format for the CVP Graph
  • Profit-Volume Graph
  • Target Profit
  • Contribution-Margin Approach
  • Equation Approach
  • Graphical Approach.
  • Applying CVP Analysis
  • Safety Margin
  • Changes in Fixed Expenses
  • Changes in the Unit Contribution Margin
  • Predicting Profit Given Expected Volume
  • Interdependent Changes in Key Variables
  • CVP Information in Published Annual Reports
  • M.A.P. Faced with Intensifying Competition, Airlines Keep an Eye on Break-Even Load Factors
  • CVP Analysis with Multiple Products
  • Assumptions Underlying CVP Analysis
  • Role of Spreadsheets and Computerized Planning Models
  • CVP Relationships and the Income Statement
  • Traditional Income Statement
  • Contribution Income Statement
  • Comparison of Traditional and Contribution Income Statements
  • Cost Structure and Operating Leverage
  • Operating Leverage
  • M.A.P. Operating Leverage Helps Some Web Companies to be Profitable
  • Cost Structure and Operating Leverage: A Cost-Benefit Issue
  • CVP Analysis, Activity-Based Costing, and Advanced Manufacturing Systems
  • A Move Toward JIT and Flexible Manufacturing
  • Chapter Summary
  • Review Problem on Cost-Volume-Profit Analysis
  • Key Terms
  • Appendix to Chapter 7: Effect of Income Taxes
  • Review Questions
  • Exercises
  • Problems
  • Cases
  • 8 Variable Costing and the Measurement of ESG and Quality Costs
  • Section 1: Absorption and Variable Costing
  • Fixed Manufacturing Overhead: The Key
  • Illustration of Absorption and Variable Costing
  • Absorption-Costing Income Statements
  • Variable-Costing Income Statements
  • Reconciling Income under Absorption and Variable Costing
  • Cost-Volume-Profit Analysis
  • Evaluation of Absorption and Variable Costing
  • M.A.P. IRS: Unique Product Packaging is an Inventoriable Cost
  • Section 2: Costs of Assuring Quality
  • Measuring and Reporting Quality Costs
  • Changing Views of Optimal Product Quality
  • M.A.P. Six Sigma For Quality Management And Cost Reduction
  • ISO 9000 Standards.
  • Section 3: Environmental, Social, and Governance (ESG) Initiatives.

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