Understand the cost

Author: Bruce
Publisher:
Publish Date: 2002-09-01
Features: This book includes content such as Introduction, Understanding Costs for Management Decisions, A Brief Introduction to Cost Accounting, Accounting for Indirect Costs, Activity Accounting, Another Way to Measure Costs, Standard Costs and Variance Analysis, Basic Capital Investment Analysis, Relevant Costs and Revenues, One Cost System Isn't Enough, Measure Costs Right: Make the Right Decisions, Appendix, and For Further Reading. This note introduces managers to the concept of costs, their uses, and their complexity. Several types of costs are defined, and single-period and multiple-period cost analysis is discussed.