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Full Description
Hansen/Mowen/Heitger's "Cost Management" 6th Edition, addresses traditional and activity-based cost and control, giving you the skills and confidence to navigate any costing system. Updates address emerging developments, including the role of data analytics in cost management. A full chapter examines global issues such as virtual currency and blockchain. Application of data analytics to actual cost accounting issues, along with data visualization exercises give you the skills to tackle issues using updated techniques. This edition's is tailored to the way you learn. Examples from familiar companies emphasize the real-world applications and relevance of what you are learning. Clear explanations review the concepts behind each equation or topic, detailing the "how," "why" and "what-if." CNOWv2 resources provide additional computerized exercises and problems for practice and review.
Contents
1. Introduction to Cost Management.
2. Basic Cost Management Concepts.
3. Cost Behavior.
4. Unit-Based and Activity-Based Costing Systems.
* Integrative Mini-Case (Chapters 1-4).
5. Product and Service Costing: Job-Order System.
6. Process Costing.
7. Allocating Costs of Support Departments and Joint Products.
8. Budgeting for Planning and Control.
9. Standard Costing: A Functional-Based Control Approach.
10. Decentralization: Responsibility Accounting, Performance.
Evaluation, and Transfer Pricing.
* Integrative Mini-Case (Chapters 5-10).
11. Strategic Cost Management.
12. Activity-Based Management.
13. The Balanced Scorecard: Strategic-Based Control.
14. Quality and Environmental Cost Management.
15. Lean Accounting and Productivity Measurement.
* Integrative Mini-Case (Chapters 11-15).
16. Cost-Volume-Profit Analysis.
17. Activity Resource Usage Model and Tactical Decision Making.
18. Pricing and Profitability Analysis.
19. Capital Investment.
20. Inventory Management: Economic Order Quantity, JIT, and the Theory of Constraints.
21. Global Issues in Cost Management.
* Integrative Mini-Case (Chapters 16-21).
Glossary.
Check Figures.
Index.



