Vibrant Publishers

Cost Accounting & Management Essentials You Always Wanted To Know

Cost Accounting and Management Essentials You Always Wanted To Know: 4th Edition is an introduction to cost accounting for engineers and scientists moving into management roles. The book covers:
•    An introduction to cost accounting
•    Cost-Volume-Profit (CVP) analysis
•    Activity based Costing
•    Other aspects of cost allocation and control
•    Decision making using relevant information
Cost Accounting & Management Essentials is part of the Management Essentials series that helps working professionals moving into management roles. The series addresses every aspect of business from HR to finance, marketing, and operations. Each book includes fundamentals, important concepts, and well-known principles, as well as practical applications of the subject matter.
About the Author
Kalpesh Ashar is a management consultant and corporate trainer holding an MBA (Dean’s Award Winner) from SPJIMR, one of Asia’s top business schools, and an Engineering degree with honors in Electronics. He has over 21 years of experience in large organizations and start-ups in Asia, USA, and Europe.
Kalpesh has worked in several project management roles, like Senior Project Manager, Delivery Manager, and Program Manager. He is passionate about writing on management subjects. His techno-business background gives him a unique position to write on management topics that are easy to understand for non-MBA graduates. His books are authored in a simple to understand manner without unnecessary use of management jargons.
About Vibrant Publishers
Vibrant Publishers is focused on presenting the best texts for learning about technology and business as well as books for test preparation. Categories include programming, operating systems and other texts focused on IT. In addition, a series of books helps professionals in their own disciplines learn the business skills needed in their professional growth.
Vibrant Publishers has a standardized test preparation series covering the GMAT, GRE and SAT, providing ample study and practice material in a simple and well organized format, helping students get closer to their dream universities.
174 printed pages
Original publication



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    Александр Чикиткинhas quoted2 years ago
    every company has Direct and Indirect costs. Using these costs, companies compute Cost of Goods Sold (COGS), which is used for Financial Reporting via Income Statement
    Александр Чикиткинhas quoted2 years ago
    Conversion Costs
    These are the costs incurred in converting the raw materials into finished products. They are computed as given below:
    Conversion costs = Direct manufacturing labor costs + Manufacturing overhead costs
    Александр Чикиткинhas quoted2 years ago
    Prime Costs
    These are all direct manufacturing costs. They are computed as given below:
    Prime costs = Direct material costs + Direct manufacturing labor costs

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