Managerial Accounting for Dummies (Paperback, 2)

Introduction 1

Part 1: Introducing Managerial Accounting 7

Chapter 1: The Role of Managerial Accounting 9

Chapter 2: Using Managerial Accounting in Your Business 27

Part 2: Managing Costs and Profitability 37

Chapter 3: Classifying Costs 39

Chapter 4: Figuring Cost of Goods Manufactured and Sold 49

Chapter 5: Teaching Costs to Behave: Variable and Fixed Costs 61

Chapter 6: Allocating Overhead 79

Chapter 7: Job Order Costing: Having It Your Way 93

Chapter 8: Process Costing: Get In Line 107

Chapter 9: Straight to the Bottom Line: Examining Contribution Margin 127

Part 3: Using Managerial Accounting Techniques to Make Decisions 145

Chapter 10: Capital Budgeting: Should You Buy That? 147

Chapter 11: Reality Check: Making and Selling More than One Product 161

Chapter 12: The Price Is Right: Knowing How Much to Charge 171

Chapter 13: Spreading the Wealth with Transfer Prices 181

Part 4: Planning and Controlling Operations 193

Chapter 14: Responsibility Accounting 195

Chapter 15: Master Budgets: Planning for the Future 205

Chapter 16: Flexing Your Budget: When Plans Change 221

Chapter 17: Variance Analysis: To Tell the Truth 227

Part 5: Managerial Accounting and Strategy 245

Chapter 18: Managing Risks: What Could Go Wrong? 247

Chapter 19: The Balanced Scorecard: Reviewing Your Business’s Report Card 259

Chapter 20: Measuring Corporate Social Responsibility 275

Part 6: The Part of Tens 285

Chapter 21: Ten Key Managerial Accounting Formulas 287

Chapter 22: Ten Careers in Managerial Accounting 295

Chapter 23: Ten Legends of Managerial Accounting 299

Index 305