Managerial Accounting: Creating Value in a Dynamic Business Environment (10th Edition)

Description

The emphasis of Managerial Accounting, 10th edition is on teaching students to use accounting information to best manage an organization. In a practice Hilton pioneered in the first edition, each chapter is written around a realistic business or focus company that guides the reader through the topics of that chapter. Known for balanced examples of Service, Retail, Nonprofit and Manufacturing companies, Hilton/Platt offers a clear, engaging writing style that has been praised by instructors and students alike. As in previous editions, there is significant coverage of contemporary topics such as activity-based costing, target costing, the value chain, customer profitability analysis, and throughput costing while also including traditional topics such as job-order costing, budgeting and performance evaluation.

Table of Contents

1. Chapter 1 The Changing Role of Managerial Accounting in a Dynamic Business Environment
2. Chapter 2 Basic Cost Management Concepts and Accounting for Mass Customization Operations
3. Chapter 3 Product Costing and Cost Accumulation in a Batch Production Environment
4. Chapter 3 Appendix Activity-Based Costing: An Introduction
5. Chapter 4 Process Costing and Hybrid Product-Costing Systems
6. Chapter 5 Activity-Based Costing and Management
7. Chapter 5 Appendix Just-in-Time Inventory and Production Management
8. Chapter 6 Activity Analysis, Cost Behavior, and Cost Estimation
9. Chapter 6 Appendix Least-Squares Regression Using Microsoft Excel
10. Chapter 7 Cost-Volume-Profit Analysis
11. Chapter 7 Appendix Effect of Income Taxes
12. Chapter 8 Variable Costing and the Costs of Quality and Sustainability
13. Chapter 9 Financial Planning and Analysis: The Master Budget
14. Chapter 10 Standard Costing and Analysis of Direct Costs
15. Chapter 10 Appendix Use of Standard Costs for Product Costing
16. Chapter 11 Flexible Budgeting and Analysis of Overhead Costs
17. Chapter 11 Appendix A Standard Costs and Product Costing
18. Chapter 11 Appendix B Sales Variances
19. Chapter 12 Responsibility Accounting, Operational Performance Measures, and the Balanced Scorecard
20. Chapter 13 Investment Centers and Transfer Pricing
21. Chapter 14 Decision Making: Relevant Costs and Benefits
22. Chapter 14 Appendix Linear Programming
23. Chapter 15 Target Costing and Cost Analysis for Pricing Decisions
24. Chapter 16 Capital Expenditure Decisions
25. Chapter 16 Appendix A Future Value and Present Value Tables
26. Chapter 16 Appendix B Impact of Inflation
27. Chapter 17 Allocation of Support Activity Costs and Joint Costs
28. Chapter 17 Appendix Reciprocal-Services Method
29. Appendix I The Sarbanes-Oxley Act, Internal Controls, and Management Accounting
30. Appendix II Compound Interest and the Concept of Present Value
31. Appendix III Inventory Management