Cost accounting

Author: Guo Shuwei
Publisher:
Publish Date: 2007-01-01
Features: "Cost Accounting" is an important professional course in the field of accounting. It is a discipline that applies various cost accounting methods to collect and allocate various element costs and calculate product costs. This book introduces appropriate accounting principles and theoretical knowledge of cost accounting, such as cost accounting requirements and accounting procedures for cost accounting. It focuses on cost accounting methods, such as the collection and allocation methods for various element costs like raw materials, wages, manufacturing overhead, auxiliary production costs, and scrap losses; the allocation methods for production costs between finished products and work-in-progress; the three basic methods for calculating product costs; and methods such as job-order costing, process costing, and activity-based costing. It also introduces methods for cost forecasting, cost decision-making, and cost planning. This book takes "sufficient theory" as a standard, emphasizing the application of various methods, with rich examples and detailed content. Each chapter includes numerous examples, along with discussion questions and practice problems, facilitating post-class learning for students. This book can serve as a textbook for accounting, auditing, and economic management majors in higher vocational and technical colleges, as well as a reference book for business managers and finance professionals.