Introduction to Cost and Management Accounting

Includes index

PART 1: - Cost and Management Accounting: Definitions - Cost Classification and the Elements of Cost Materials - Labour - Overheads: Allocation and Apportionment - Overheads: Absorption into Products - Distribution, Selling and Administration Overheads - Cost Bookkeeping - PART 2: - Cost Accounting Methods: Definitions - Job and Batch Costing - Contract Costing - Process Costing - Joint Products and By-Products - Service Costing - Activity-Based Costing - PART 3: - Planning and Control: Definitions - Marginal Costing and CVP Analysis - Standard Costing and Variance Analysis - Budgetary Control - Investment Appraisal Techniques - Profitability and Efficiency Analyses Methods - PART 4: - Set of Management Accounts: Manufacturing Company - Set of Management Accounts: Service Company - PART 5: - Conclusion and Developments in Costing Techniques - Model Answers - Index

A guide to cost and management accounting at introductory and intermediate level. It covers the syllabuses of accounting examinations such as those set by ACAEW, ACCA, CIMA and AAT. It features questions, examples and model answers, and an examination of a set of management accounts.