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Management and Cost Accounting, Student Manual, 7th Edition

Colin Drury

Copyright 2008
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Management and Cost Accounting, Student Manual 7th Edition by Colin Drury

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Overview
Meet the Author
What's New
Features
Table of Contents
Pricing

Overview

MANAGEMENT & COST ACCOUNTING 7 E SM

Meet the Authors

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Colin Drury

The late Colin Drury was at Huddersfield University from 1970 until his retirement in 2004, when he was awarded the title of Emeritus Professor. For over 40 years, Professor Colin Drury has been at the forefront of helping students learn the key concepts and processes in management and cost accounting through his bestselling textbooks, which have been widely recommended by the main professional accounting bodies for their examinations. He was an active researcher throughout his career and his research has been published in around 100 professional and academic journals. In recognition for his contribution to accounting education and research, Drury received a lifetime achievement award by the British Accounting Association in 2009. Drury’s flagship title Management and Cost Accounting was first published in 1985 and is now in its 12th edition. It established itself as one of the leading management accounting textbooks in EMEA. It is known, not just for its rigour and authority, but particularly for Drury’s down-to-earth style that reflects his background as a practising accountant before his involvement in academia.

What's New

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The Student’s Manual has been updated and revised, with some new questions and solutions added
In this edition the format has been changed to make the Student’s Manual more self-contained. Review Problems that formerly appeared in the main book are now situated in the first Part of this manual, followed by Solutions in the second Part

Features

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Totally comprehensive question and answer practice in all management accounting subjects, covering most undergraduate and professional course needs in one book
Authoritative and reputable, having been the market leader for over 25 years
Now a self-contained workbook containing both questions and answers

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PART 1: INTRODUCTION TO MANAGEMENT AND COST ACCOUNTING.
1. An introduction to cost terms and concepts.
PART 2: COST ACCUMULATION FOR INVENTORY VALUATION AND PROFIT MEASUREMENT.
2. Cost assignment.
3. Accounting entries for a job costing system.
4. Process costing.
5. Joint and by-product costing.
6. Income effects of alternative cost accumulation systems.
PART 3: INFORMATION FOR DECISION-MAKING.
7. Cost-volume-profit analysis.
8. Measuring relevant costs and revenues for decision-making.
9. Activity-based costing.
10. Pricing decisions and profitability analysis.
11. Decision-making under conditions of risk and uncertainty.
12. Capital investment decisions: appraisal methods.
13. Capital investment decisions: the input of capital rationing, taxation, inflation and risk.
PART 4: INFORMATION FOR PLANNING, CONTROL AND PERFORMANCE MEASUREMENT.
14. The budgeting process.
15. Management control.
16. Standard costing and variance analysis 1.
17. Standard costing and variance analysis 2: further aspects.
18. Divisional financial performance measures.
19. Transfer pricing in divisionalized companies.
PART 5: COST MANAGEMENT AND STRATEGIC MANAGEMENT ACCOUNTING.
20. Cost management.
21. Strategic management.
PART 6: THE APPLICATION OF QUANTITATIVE METHODS TO MANAGEMENT ACCOUNTING.
22. Cost estimation and cost behaviour.
23. Quantitative models for the planning and control of stocks.
24. The application of linear programming to management accounting.