The declining domination of American manufacturers in world
class markets has resulted in widespread criticism of traditional
costing methods. Activity-based accounting for manufacturing costs
emerged in the 1980s to satisfy the changes taking place in
production methods and techniques, such as Just-in-Time Inventory
Control and Flexible Manufacturing Systems. Although activity-based
costing methods may be new in manufacturing processes, they have
been advocated and applied by marketing managers since the late
1960s, according to Professor Lewis. The accounting profession has
finally recognized the advantages of activity-based concepts and
methods for both marketing and manufacturing functions. This book
shows how activity-based methods and other cost analysis and
control techniques may be used by manufacturing and marketing
managers.
Part I explains the cost concepts and terminology used in modern
businesses and describes the concept of a fully integrated
manufacturing and costing system. In world class competition the
costing systems must serve the total needs of management, not just
financial reporting requirements. Costing systems must be flexible
and multi-purpose, which is both possible and practical with
state-of-the-art computers and software. Part II summarizes the
traditional cost accounting systems, describing job-costing and
standard costing systems. The allocation of costs becomes more
important with technological advances. A full chapter is devoted to
the methods of allocation and the changes required to satisfy
advanced manufacturing and activity-based costing techniques. Part
III illustrates activity-based costing for manufacturing,
activity-based costing for marketing, and an activity-based
approach to the behavior of costs as well as explaining the
traditional factors of variability. Part IV describes the
techniques that are necessary for analysis and control of costs by
management. To be well informed, managers must know the
fundamentals of break-even analysis, relevant costing, capital
budgeting, ROI and transfer pricing. The book makes these
techniques easy to understand and to apply to real-life situations.
It is particularly appropriate for manufacturing managers involved
in operations, and for all marketing managers.
General
Imprint: |
Praeger Publishers Inc
|
Country of origin: |
United States |
Release date: |
May 1993 |
First published: |
May 1993 |
Authors: |
Ronald Lewis
|
Dimensions: |
235 x 156 x 19mm (L x W x T) |
Format: |
Hardcover
|
Pages: |
248 |
ISBN-13: |
978-0-89930-801-2 |
Categories: |
Books
|
LSN: |
0-89930-801-5 |
Barcode: |
9780899308012 |
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