Mastering Managerial Accounting

Mastering Managerial Accounting helps students learn critical concepts in managerial accounting through consistent and engaging practice. The text encourages students to work through problems and identifies clear procedures for completing each problem successfully. The heart of each chapter features an appropriate method for solving problems, an illustrative example, and an introductory stop-check problem for immediate application. There are also practice exercises paired with note-taking space for class use, step-by-step exercises for selective practice, whole problems requiring use of the entire target method, and an assignment problem. Those wishing to work at a more advanced level can complete challenge problems. Detailed answers are provided for self-evaluation. Topics include the operating budget, variance analysis, capital budgeting under uncertainty, cost and service department allocation, job and process costing, pricing, and production under constraints. The second edition features new learning objectives for most chapters. Based on student feedback, the textbook content has been reorganized into 20 shorter chapters to present key concepts more clearly. Extensively class-tested, Mastering Managerial Accounting is an ideal resource for courses within the discipline.