Cost Management: Accounting and Control, 6th Edition

Introduce your students to the dynamic, exciting nature of cost management as this edition demonstrates how today’s conditions consistently require change in cost management systems. Hansen/Mowen/Guan’s COST MANAGEMENT: ACCOUNTING AND CONTROL, Sixth Edition, first covers functional-based cost and control and then activity-based cost systems, giving students the understanding and skills to manage any cost management system. This edition’s expansive coverage and consistent attention to technical detail provides a thorough, well-researched foundation for learning. It addresses the most recent influential topics and emerging processes affecting the discipline, including a new chapter on lean accounting and a focus on technology tools that positively impact internal costing practices.

Table of Contents

Part 1 Foundation Concepts
CHAPTER 1 Introduction to Cost Management
CHAPTER 2 Basic Cost Management Concepts
CHAPTER 3 Cost Behavior
CHAPTER 4 Activity-Based Costing

Part 2 Fundamental Costing and Control
CHAPTER 5 Product and Service Costing: Job-Order System
CHAPTER 6 Product and Service Costing: A Process Systems Approach
CHAPTER 7 Allocating Costs of Support Departments and Joint Products
CHAPTER 8 Budgeting for Planning and Control
Chapter 9 Standard Costing: A Functional-Based Control Approach
Chapter 10 Decentralization: Responsibility Accounting, Performance Evaluation, and Transfer Pricing

Part 3 Advanced Costing and Control
CHAPTER 11 Strategic Cost Management
CHAPTER 12 Activity-Based Management
CHAPTER 13 The Balanced Scorecard: Strategic-Based Control
CHAPTER 14 Quality and Environmental Cost Management
CHAPTER 15 Productivity Measurement and Control
CHAPTER 16 Lean Accounting

Part 4 Decision Making
CHAPTER 17 Cost-Volume-Profit Analysis
CHAPTER 18 Activity Resource Usage Model and Tactical Decision Making
CHAPTER 19 Pricing and Profitability Analysis
CHAPTER 20 Capital Investment
CHAPTER 21 Inventory Management: Economic Order Quantity, JIT, and the Theory of Constraints