Managerial accounting : creating value in a dynamic business environment / Ronald W. Hilton, Cornell University, David E. Platt, University of Texas at Austin.

Includes index.

The changing role of managerial accounting in a global business environment --
Basic cost management concepts and accounting for mass customization operations --
Product costing and cost accumulation in a batch production environment --
Process costing and hybrid product-costing systems --
Activity-based costing and management --
Activity analysis, cost behavior, and cost estimation --
Cost-volume-profit analysis --
Absorption and variable costing --
Profit planning and activity-based budgeting --
Standard costing, operational performance measures, and the balanced scorecard --
Flexible budgeting and the management of overhead and support activity costs --
Responsibility accounting, quality control, and environmental cost management --
Investment centers and transfer pricing --
Decision making : relevant costs and benefits --
Target costing and cost analysis for pricing decisions --
Capital expenditure decisions --
Allocation of support activity costs and joint costs.

THIS CHAPTER'S FOCUS COMPANY is The Walt Disney Company. This -entertainment services company is a giant in the industry with theme parks, feature film studios, animation studios, television broadcasting, hotels and resorts, and retail stores. Using The Walt Disney Company as an illustration, we will introduce the field of managerial -accounting and its major themes. Some of you are excited about studying accounting. But even more of you are asking, "Why do I need to study managerial accounting? I'm not going to be an accountant!" That is a good question. We will explore how managerial accountants work in partnership with managers to add value to the organization, and how managers also use managerial accounting tools to make their decisions"-- |c Provided by publisher.