Managerial and Cost Accounting

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( 48 )

36 pages

Språk:

English

This book is the ninth of fifteen books which introduces the basic principles of accounting.

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Om forfatteren

Larry M. Walther, Ph.D., CPA, CMA, is the Ernst & Young Professor and Head of the School of Accountancy at Utah State University. Dr. Walther has authored numerous accounting textbooks and articles, and has served as director and/or consultant to a number to a number of public and nonpublic companies...

Larry M. Walther, Ph.D., CPA, CMA, is the Ernst & Young Professor and Head of the School of Accountancy at Utah State University. Dr. Walther has authored numerous accounting textbooks and articles, and has served as director and/or consultant to a number to a number of public and nonpublic compa...

Description

Content

This book is the ninth of fifteen books which introduces the basic principles of accounting. In this book you will learn about cost analysis. Cost volume profit analysis and business scalability are discussed in the book. Key topics center around cost behavior, variable cost, fixed cost, mixed costs, cost behavior analysis, break-even and target income calculations, contribution margin, sensitivity analysis, and analysis with multiple products.

- Cost Behavior
- The Nature of Costs
- Variable Costs
- Fixed Costs
- Business Implications of the Fixed Cost Structure
- Economies of Sale
- Dialing in Your Business Model

- Cost Behavior Analysis
- Mixed Costs
- High-Low Method
- Method of Least Squares
- Recap

- Break-Even and Target Income
- Contribution Margin
- Contribution Margin: Aggregated, per Unit, or Ratio?
- Graphic Presentation
- Break-Even Calculations
- Target Income Calculations
- Critical Thinking About CVP

- Sensitivity Analysis
- Changing Fixed Costs
- Changing Variable Costs
- Blended Cost Shifts
- Per Unit Revenue Shifts
- Margin Beware
- Margin Mathematics

- CVP for Multiple Products
- Multiple Products, Selling Costs, and Margin Management

- Assumptions of CVP