Cost Accounting For Dummies, 2nd Edition

Index

A

• ABC (activity-based costing). See also costs; peanut butter costing
  • allocating indirect costs, 86–91
  • applying to bottlenecks, 399
  • benefits of, 76
  • for business pivot, 91–93
  • changing prices after, 90–91
  • computing profit, 86–91
  • computing sale price, 86–91
  • computing total cost, 86–91
  • cost allocation base, 84
  • cost allocation rates, 85–86
  • cost hierarchy, 82–83
  • cost pools, 84
  • defined, 13, 75
  • designing, 81–86
  • direct costs, 83–84
  • evaluating results of, 98
  • failing to implement, 407
  • indirect costs, 84
  • for new business model, 94–98
  • overcosting, 79–81
  • overhead costs, 96
  • versus peanut butter costing, 76, 77–79
  • refining approach, 81–82
  • single indirect cost allocation, 77
  • undercosting, 79–81
  • and variance analysis, 145–147
• abnormal spoilage
  • job costing, 352–355
  • versus normal spoilage, 339
  • process costing, 341
• absorption costing
  • applying, 175–177
  • versus variable costing, 173–174
• account analysis methods, 191–192
• accounting, defined, 8
• accounts receivable (A/R) system, 121
• accrual accounting
  • budgeting with, 121–122
  • versus cash basis accounting, 14–15, 29–30, 119
  • using, 14–15
• activity-based costing (ABC). See ABC (activity-based costing)
• activity levels, 157–159
• adjustments, 353
• advertising, 43–44
• airlines, 393
• Amelio, Gil, 211
• annual report, 391
• antitrust law, 243
• Apple, 211
• appraisal costs, 384, 385
• artificial intelligence (AI), 106, 200
• asset depreciation expense, 63
• assets
  • balance sheets, 114
  • defined, 25, 102
  • depreciation, 102
  • relevant range, 26
  • tangible versus intangible, ...