Cost Accounting For Dummies

by Kenneth Boyd

The easy way to get a grip on cost accounting Critical in supporting strategic business decisions and improving profitability, cost accounting is arguably one of the most important functions in the accounting field. For business students, cost accounting is a required course for those seeking an accounting degree and is a popular elective among other business majors. Cost Accounting For Dummies tracks to a typical cost accounting course and provides in-depth explanations and reviews of the essential concepts you'll encounter in your how to define costs as direct materials, direct labor, fixed overhead, variable overhead, or period costs; how to use allocation methodology to assign costs to products and services; how to evaluate the need for capital expenditures; how to design a budget model that forecast changes in costs based on expected activity levels; and much more. If you're currently enrolled in a cost accounting course, this hands-on, friendly guide gives you everything you need to master this critical aspect of accounting.

Genres: Business

408 pages, Paperback

First published February 6, 2013

About the author

Ken Boyd writes blogs, articles, whitepapers, and provides video content. He is the Co-Founder of Accountinged.com, and owns St. Louis Test Preparation (accountingaccidentally.com). Ken is the author of Cost Accounting for Dummies, Accounting All-In-One for Dummies, The CPA Exam for Dummies and 1,001 Accounting Questions for Dummies. As a former CPA, Auditor, Tax Preparer and College Professor, Boyd brings a wealth of business experience to educating an audience.

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Reviews

[Kate · Rating 4 out of 5]

This book was a lifesaver. It was more beneficial than my professor.

[Víctor Segovia · Rating 5 out of 5]

El segundo libro del reto finalizado.

Si bien no es la primera vez que leo un libro de esta serie; después del de auditoria, el presente libro es uno de los más útiles que he leído y pensar que lo compré pensando que iba a entrar al cargo de analista de costos en una empresa de mi localidad.

Me recordó mucho la materia que vi en pregrado, pero también me informó mucho de cosas que me eran ajenas ya que no las vi (o no recuerdo haberlas visto) durante mi estancia en la universidad.

[Elendil Kocur · Rating 5 out of 5]

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[Alaa · Rating 4 out of 5]

the book doesn't go far in details about the field of cost but it's a good start especially for non-accountant people to learn how their business goes on .