Cost Management:
Measuring, Monitoring, and Motivating Performance,
2nd Edition
Most Cost Accounting textbooks focus on content knowledge and then expect
students to demonstrate skills such as decision-making and critical thinking. Cost
Management better prepares students for professional success by bridging the gaps between
Knowledge, Skills and Abilities.
Authors, Leslie Eldenburg and Susan Wolcott realize that many students
fail to recognize the assumptions, limitations, behavioral implications and qualitative
factors that influence managerial decision-making.
The author team focuses on cost accounting methods, techniques, and the
quality of cost accounting information used for decision-making to deliver a thoroughly
modern treatment of cost accounting topics.
Cost Management is written in a style that is accessible to students through a
decision-making framework, use of realistic examples, real ethical dilemmas, self-study
problems, and unique problem material structured to encourage them to think about
accounting problems and problem-solving.
Table of Contents
1 The role of accounting information in management decision making
2
2 The cost function 36
3 Cost-volume-profit analysis 86
4 Relevant costs for nonroutine operating decisions 128
5 Job costing 174
6 Process costing 214
7 Activity-based costing and management
256
8 Measuring and assigning support department costs
296
9 Joint product and by-product costing 338
10 Static and flexible budgets 370
11 Standard costs and variance analysis 414
12 Strategic investment decisions 464
13 Joint management of revenues and costs 508
14 Measuring and assigning costs for income statements
548
15 Performance evaluation and compensation
588
16 Strategic performance mesurement 628
774 pages, Hardcover