Professional Documents
Culture Documents
Ronald W. Hilton
Cornell University
Me
Grain/
Hill
McGraw-Hill
Irwin
22
10
16
16
17
Behavioral Issues 18
Costs and Benefits
18
xxiii
Contents
xxiv
Mass-Customization Manufacturing 44
Manufacturing Costs 45
Manufacturing Cost Flows 47
Production Costs in Service Industry Firms
and Nonprofit Organizations 48
Basic Cost Management Concepts: Different
Costs for Different Purposes 50
The Cost Driver Team 50
Variable and Fixed Costs 51
The Cost Management and Control
Team 52
Process-Costing Systems
86
Direct-Material Costs
Direct-Labor Costs
Manufacturing-Overhead Costs
64
90
62
89
Chapter Summary
87
89
86
91
93
93
93
94
94
Incurrence of Manufacturing-Overhead
Costs 94
Application of Manufacturing
Overhead 95
Summary of Overhead Accounting
96
96
97
Sale of Goods
97
99
100
100
100
103
104
107
108
Contents
Focus on Ethics: Did Boeing Exploit
Accounting Rules to Conceal Cost Overruns
and Production Snafus? 709
Chapter Summary 7 70
Review Problem on Job-Order Costing 7 70
Key Terms 772
Review Questions 712
Exercises 772
Problems 718
Cases 730
XXV
Cost Drivers
738
Activity-Based Management
142
747
147
Illustration of Customer-Profitability
Analysis 189
786
183
183
748
xxvi
Contents
Chapter Summary 798
Review Problems on Cost Drivers and
Product-Cost Distortion 799
Key Terms 200
Appendix to Chapter 5: Just-in-Time Inventory
and Production Management 207
Review Questions 202
Exercises 203
Problems 209
Cases 227
Cost-Volume-Profit Analysis
274
278
Contribution-Margin Approach
Equation Approach
277
279
279
Graphing Cost-Volume-Profit
Relationships 280
Interpreting the CVP Graph
281
283
284
Contribution-Margin Approach
Equation Approach
284
Graphical Approach
285
284
285
285
285
277
xxvii
Contents
M.A.P. Airlines Keep a Close Eye on BreakEven Load Factors 289
Absorption-Costing Income
Statements 328
Variable-Costing Income
Statements 328
293
293
Throughput Costing
333
Throughput-Costing Income
Statements 334
Chapter Summary
335
Key Terms
337
Review Questions
338
Exercises 338
Problems
Cases
340
344
348
349
326
Sales Forecasting
350
350
Operational Budgets
351
352
xxviii
Contents
M.A.P. Activity-Based Budgeting
(ABB) at American Express and AT&T
Paradyne 353
Activity-Based Budgeting
353
355
Production Budget
356
Direct-Material Budget
Direct-Labor Budget
356
358
Manufacturing-Overhead Budget
359
362
371
373
374
Participative Budgeting
376
384
Cases 398
380
411
408
Chapter Summary
407
372
407
407
Direct-Labor Standards
Setting Standards
Direct-Material Standards
Budget Administration
Management by Exception
406
363
Managing Costs
A Statistical Approach
415
476
418
Controllability of Variances
479
427
422
424
xxix
Contents
Operational Performance Measures in Today's
Manufacturing Environment 424
Gain-Sharing Plans 427
The Balanced Scorecard 427
Lead and Lag Measures: The Key to the
Balanced Scorecard 430
Linking the Balanced Scorecard to
Organizational Strategy 431
M.A.P. Linking the Balanced Scorecard to
Organizational Strategy 432
460
473
484
506
Illustration of Responsibility
Accounting 507
Performance Reports
570
512
Contents
XXX
578
523
524
527
528
537
Exercises 537
Problems 534
Cases 542
563
576
xxxi
Contents
678
Review Questions
Exercises
623
Problems
626
622
Cases 639
595
599
599
,
600
644
603
646
607
616
651
Contents
xxxii
657
657
684
688
Internal-Rate-of-Return Method
688
691
696
697
697
Accelerated Depreciation
700
Contents
M.A.P. Cost Management in the Health Care
Industry 747
Chapter Summary
753
757
Problems
759
Cases 764
xxxiii
800
803