Publisher's Synopsis
This text examines the fundamental concepts and techniques of cost accounting in concise, straightforward language with comprehensive coverage of process costing and standard costing.;The third edition has greater emphasis on the following topics: just in time costs (JIT); constant flow manufacturing; costs associated with the services section; risk averse and risk-seeking management; queying theory; and planning and control in non-manufacturing operations. Each chapter has learning objectives and begins with extended examples that illustrate concepts in the chapters that follow.