Cost accounting : principles and applications / Horace R. Brock, Lnda A. Herrington and La Vonda G. Ramey

Introduction to cost accounting and the job order cost cycle -- Purchasing materials -- Storing and issuing materials -- Controlling and valuing inventory -- Timekeeping and payroll -- Charging labor costs into production -- Departmentalizing overhead costs -- Setting overhead rates -- Applying manufacturing overhead -- Completing the cost cycle and accounting for lost materials -- Process cost-system-production data and cost flow -- Average costing of work in process -- Units lost or increased in production -- First in, first out (FIFO) costing of work in process -- Accounting for by-products and joint products -- The analysis of cost behavior -- Budgeting -- Standard costs: Materials and labor -- Manufacturing overhead standard costs completing the accounting cycle for standard costs -- Cost-volume-profit analysis -- Analysis of manufacturing costs for decision making -- Cost accounting for distribution activities and service businesses -- Decision-making-capital investment decisions.