Costs: Their Compilation and Use in Management (Classic Reprint) - Hardcover

Irving A. Berndt

 
9780656533251: Costs: Their Compilation and Use in Management (Classic Reprint)

Synopsis

Understand how cost decisions drive every business result and how to use cost data in daily management.

This practical guide connects cost accounting with real managerial actions, showing how accurate costs influence decisions from production to pricing and pay. The book presents clear methods, examples, and a straight path to using costs for better control and performance.

Written for executives, cost accountants, and supervisors, it emphasizes applying cost thinking to improve efficiency, planning, and cooperation across Capital and Labor. It focuses on practical techniques rather than theory alone, helping you turn data into action.

  • Learn how to collect and organize cost data for meaningful insights
  • Discover burden distribution methods and when to use labor, material, or mixed bases
  • See how costs guide pricing, budgeting, and performance comparisons
  • Explore the roles of the cost department and cost accountant in management

Ideal for readers seeking a concrete, usable framework to align costs with business goals.

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