Modern Cost Management and Analysis (Barron's Business Library Series)

Instructs on methods of business budgeting, setting prices of goods and services, calculating profits, and applying cost analysis principles to non-routine business decisions. Emphasis in this series of books is on practical day-by-day business operation and problem solving for men and women starting a company or managing an ongoing small-to-medium-size business. Problems and examples are based on realistic business situations.

(back cover)
BARRON'S
BUSINESS
LIBRARY

Titles in this series speak to men and women who are starting a company or managing an ongoing small-to-medium-size business. Emphasis is on daily operations, as well as on analyzing problems and solving them. Examples and approaches cited in these books are based on true-to-life business situations.

Modern Cost
Management
and Analysis
Third Edition

Topics discussed in this book include understanding cost concepts, job-order costing, process costing, activity-based costing (ABC), activity-based management (ABM), cost-volume and break-even analysis, budgeting, the balanced scorecard, target costing, life-cycle costing, cost analysis for non-routine decisions, how to make capital budgeting decisions, and much more. The authors cover all important issues that relate to budgeting and affect company profitability. An appendix presents tables that account for the time value of money, and a glossary gives definitions of specialized cost management terms.