Accounting for Decision Making and Control

1) Introduction 2) The Nature of Costs 3) Opportunity Cost of Capital and Capital Budgeting 4) Organizational Architecture 5) Responsibility Accounting and Transfer Pricing 6) Budgeting 7) Cost Allocation: Theory 8) Cost Allocation: Practices 9) Absorption Cost System 10)Criticisms of Absorption Cost Systems: Incentives to Overproduce 11)Criticisms of Absorption Cost Systems: Inaccurate Product Costs 12)Standard costs: Direct labor and Materials 13)Overhead and Marketing Variances 14)Management Accounting in a Changing Environment