Cost Accounting For Dummies

The easy way to get a grip on cost accounting Critical in supporting strategic business decisions andimproving profitability, cost accounting is arguably one of themost important functions in the accounting field. For businessstudents, cost accounting is a required course for those seeking anaccounting degree and is a popular elective among other businessmajors. Cost Accounting For Dummies tracks to a typical costaccounting course and provides in-depth explanations and reviews ofthe essential concepts you'll encounter in your studies: how todefine costs as direct materials, direct labor, fixed overhead,variable overhead, or period costs; how to use allocationmethodology to assign costs to products and services; how toevaluate the need for capital expenditures; how to design a budgetmodel that forecast changes in costs based on expected activitylevels; and much more. Tracks to a typical cost accounting course Includes practical, real-world examples Walks you though homework problems with detailed,easy-to-understand answers If you're currently enrolled in a cost accounting course, thishands-on, friendly guide gives you everything you need to masterthis critical aspect of accounting.