Principles of Cost Accounting (Classic Reprint)
Language: English
Published by Forgotten Books, 2018
- Softcover
- New
Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
£ 14.26
Quantity: Over 20 available
Add to basketItem description from seller
Print on Demand. This book provides a comprehensive and practical guide to the principles of cost accounting. Written for students, it delves into the complexities of cost calculation in the context of different types of production, focusing on the unique challenges of multiple unit production. The author, a professor of accounting with significant practical experience, recognizes the historical tendency for cost accounting texts to become overly specialized, relying heavily on complex forms and systems specific to particular industries. Instead, the book prioritizes a clear understanding of the fundamental principles of cost accounting, emphasizing that a grasp of these principles is far more valuable than mere familiarity with particular forms. The author meticulously explores the various classifications of costs, including manufacturing costs and selling costs, with detailed breakdowns of each category. This foundational framework allows the reader to understand how costs are accumulated and distributed throughout a business. The book then examines different types of cost accounting systems, analyzing the strengths and weaknesses of each in relation to different production scenarios. The book's emphasis on understanding the principles rather than simply memorizing specific forms empowers readers to apply the core concepts of cost accounting to any industry or business setting. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…
Seller Inventory # 9781440053986_0
- Title
- Principles of Cost Accounting (Classic Reprint)
- Author
- John R. Wildman
- Publisher
- Forgotten Books
- Publication year
- 2018
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1440053987
- ISBN 13
- 9781440053986
- Seller catalogs
- Business
Master the essentials of cost accounting with practical guidance for real-world business decisions.
This book introduces the aims, methods, and uses of cost information, helping readers judge profitability, set prices, and guide managerial choices with reliable data.
Cost accounting is presented as a practical framework for understanding and controlling costs. It outlines how to classify and compute manufacturing and selling costs, choose suitable costing systems, and apply overhead distribution. The text emphasizes standardization, comparison of actual versus estimated costs, and the role of cost data in improving efficiency and decision making.- Learn the objects of cost data: profitability checks, price setting, and informed administrative judgment.
- Explore how costs are structured into manufacturing and selling categories, including prime cost and overhead.
- See how different cost systems work (simple, compound, complex) and how overhead is distributed.
- Understand reconciliations between predetermined or estimated costs and actual costs.
"Synopsis" may belong to another edition of this title.
Product Description
(Typographical errors above are due to OCR software and don't occur in the book.)
About the Publisher
Forgotten Books is a publisher of historical writings, such as: Philosophy, Classics, Science, Religion, History, Folklore and Mythology.
Forgotten Books' Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the aged text.
"About the title" may belong to another edition of this title.
Forgotten Books
London, United Kingdom
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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
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Forgotten Books publishes hundreds of thousands of rare and classic books.
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.
The digital edition of all books may be viewed before purchase if you request a sample.
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