Fundamentals Of Cost Accounting(7th Edition)

Authors:

William Lanen

fundamentals of cost accounting 7th edition william lanen 1264100841, 9781264100842
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Cover Type: Hardcover
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Book details

ISBN: 1264100841, 9781264100842

Book publisher: McGraw-Hill Higher Education

Book Price $0 : The 7th edition of 'Fundamentals of Cost Accounting' by William Lanen offers an in-depth exploration of cost accounting principles, a crucial area within the broader field of accounting. This textbook bridges the gap between theoretical foundations and practical application, making it an indispensable resource for accounting students and professionals. William Lanen meticulously covers key areas such as cost behavior, cost analysis, budgeting, and performance evaluation. By integrating practical case studies, the book ensures that complex topics such as activity-based costing, cost-volume-profit analysis, and job-order costing are comprehensively understood.The book provides a structured layout with a detailed table of content, guiding readers through systematic learning. The solution manual accompanying this edition is invaluable, offering students detailed answers and explanations to end-of-chapter problems. Moreover, an answer key is provided to facilitate understanding of key exercises, enhancing the academic value of the text. Reception of this textbook has been highly positive in academic circles, noted for its clarity and practicality in addressing real-world financial scenarios. Lanen's work is extensively used in academic courses focused on accounting and finance, and it is also used by industry professionals seeking to enhance their cost management expertise. Overall, 'Fundamentals of Cost Accounting' remains a cornerstone in cost accounting education, perfectly aligning theoretical concepts with applicable knowledge in the business field.This textbook serves as a foundational tool for mastering the mechanisms of cost accounting, equipping learners with the skills needed to analyze and influence business decision-making effectively.