The emphasis of Managerial Accounting, 7e is on teaching students to use accounting information to best manage an organization. In a practice Hilton pioneered in the first edition, each chapter is written around a realistic business or focus company that guides the reader through the topics of that chapter. Known for balanced examples of Service, Retail, Nonprofit and Manufacturing companies, Hilton offers a clear, engaging writing style that has been praised by instructors and students alike. As in previous editions, there is significant coverage of contemporary topics such as activity-based costing, target costing, the value chain, customer profitability analysis, and throughput costing while also including traditional topics such as job-order costing, budgeting and performance evaluation.
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Part I Fundamentals and Cost-Accumulations Systems
Chapter 1 The Changing Role of Managerial Accounting in a Dynamic Business Environment
Chapter 2 Basic Cost Management Concepts and Accounting for Mass Customization Operations
Chapter 3 Product Costing and Cost Accumulation in a Batch Production Environment
Chapter 4 Process Costing and Hybrid Product-Costing Systems
Part II Cost Management Systems, Activity-Based Costing, and Activity-Based Management
Chapter 5 Activity-Based Costing
Chapter 6 Activity-Based Management and Cost Management Tools
Part III Planning, Control, and Cost Management Systems
Chapter 7 Activity Analysis, Cost Behavior, and Cost Estimation
Chapter 8 Cost-Volume-Profit Analysis
Chapter 9 Profit Planning, Activity-Based Budgeting, and e-Budgeting
Chapter 10 Standard Costing, Operational Performance Measures and the Balanced Scorecard
Chapter 11 Flexible Budgeting and the Management of Overhead and Support Activity Costs
Chapter 12 Responsibility Accounting, Quality Control and Environmental Cost Management
Chapter 13 Investment Centers and Transfer Pricing
Part IV Selected Topics for Further Study
Chapter 14 Decision Making: Relevant Costs and Benefits
Chapter 15 Target Costing and Cost Analysis for Pricing Decisions
Chapter 16 Capital Expenditure Decisions
Part V Selected Topics for Further Study
Chapter 17 Absorption, Variable and Throughput Costing
Chapter 18 Allocation of Support Activity Costs and Joint Costs
Appendix I The Sarbanes-Oxley Act, Internal Controls, and Management Accounting
Appendix II Compound Interest and the Concept of Present Value
Appendix III Inventory Management
References for In their Own Words
Glossary
Photo Credits
Index of Companies and Organizations
Index of Subjects
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