Managerial Accounting: Creating Value in a Dynamic Business Environment w/Student Success CD-ROM, Net Tutor & Powerweb package

The emphasis of MANAGERIAL ACCOUNTING, 5e is on teaching students to use accounting information to best manage an organization. In a practice Hilton pioneered in the first edition, each chapter is written around a realistic business or focus company that guides the reader through the topics of that chapter. Known for balanced examples of Service, Retail, Nonprofit and Manufacturing companies, Hilton offers a clear, engaging writing style that has been praised by instructors and students alike. As in previous editions, there is significant coverage of contemporary topics such as activity-based costing, target costing, the value chain, customer profitability analysis, and throughput costing while also including traditional topics such as job-order costing, budgeting and performance evaluation.


Key features


Expanded End-of-Chapter Material- In response to reviewer feedback, more mid-level end-of-chapter questions, problems, and assignments have been added. This will naturally improve student understanding and give instructors more options in assigning problem material.
E-Commerce- Up-to-date coverage of the fast-paced internet industry and what role accountants and accounting information play in ?dot-com? businesses. There are examples of e-commerce throughout and four of the chapter-long focus companies are e-commerce businesses, which illustrate concepts such as mass-customization production, minimal inventory, direct-selling and order-taking via the internet. This is both relevant and exciting for students, who will examine businesses that revolve around the new economy and learn accounting through a model that is familiar and interesting to them.
?Management Accountants: In Their Own Words?- This new feature incorporates actual quotes from practicing managerial accountants. This serves as a friendly, informal teaching device designed to show students how the field is changing and highlight the accountant's role in companies? cross-functional management teams. This new feature helps to emphasize the relevance of the text and how the material the students are learning will be used on the job. Students will appreciate the material if they know it relates to their future employment.
Enhanced ?Proactive? Managerial Focus- This edition, more than any other, focuses on the expanded role of managerial accountants in industry and their decision-making role on cross-functional teams. This is evident in Chapter One, which redefines the role of the managerial accountant as an important strategic partner in an organization's management team.
New Focus Companies- One the hallmark features of Hilton's ?Managerial Accounting? is its pioneering of the focus approach. This edition includes several new companies: Walt Disney Corporation (Ch. 1), Comet Computer Corporation (Ch. 2-based on the Dell model), Cozycamp.com (Ch. 9), Dcdesserts.com (Chs. 10 and 11), Quikmath.com (Ch. 19).
New and expanded coverage of such contemporary topics as target costing, customer profitability analysis, and mass customization.
Student Success CD-ROM- This new, text-specific CD-ROM, free with every new copy of the text, helps students achieve higher results in the classroom and works in tandem with the end-of-chapter material. It includes such features as interactive quizzes (40 to 60 per chapter), spreadsheet software, PowerPoint slides, and video clips.  Also included are two supplemental Adobe Acrobat (.pdf) chapters, Process Costing: The First-in, First-out Method and The Statement of Cash Flows and Financial Statement Analysis
The 5th edition continues to contain very contemporary topical coverage. There is an even presentation of contemporary topics (activity-based costing: Ch. 5, activity-based management: Ch. 6, Target Costing, Kaizen Costing, the Value Chain, etc) and traditional topics (job-order costing, cost estimation, cost-volume-profit analysis, budgeting, etc).
The balanced presentation of Service, Retail, Nonprofit, and Manufacturing examples will remain. Of the focus companies used, 11 are set in the manufacturing sector, 7 involve service industry firms, 3 are retail companies, and 3 involve nonprofit or governmental settings. Four of these companies are dot.com enterprises. Endsheets list all the focus companies. There are also URLs for the real companies used in the chapters.
Each chapter will continue to be written around a realistic business that introduces the reader to the topics of that chapter. This feature conveys the importance of managerial accounting and stimulates students? interest (The one exception is Disney, a real company, in chapter one).
Each chapter is written as a self-contained unit to allow instructors maximum flexibility in topic sequencing.
Strong end of chapter materials include Review Questions, Exercises, Problems, and Cases and the freshly updated section entitled Current Issues in Managerial Accounting.
Customize this book through Primis Online! This title is tentatively planned to be part of the Primis Online Database: www.mhhe.com/primis/online. Professors can customize this book to meet their exact needs and mix and match with other items on Primis Online--allowing them maximum choice and flexibility. Instructors can choose between two delivery formats: custom printed books (in black and white) or custom eBooks (in color).


Table of contents


Ch. 1 The Changing Role of Managerial Accounting in a Dynamic Business Environment
Ch. 2 Basic Cost Management Concepts and Accounting for Mass Customization Operations
Ch. 3 Product Costing and Cost Accumulation in a Batch Production Environment
Ch. 4 Product Costing and Hybrid Product-Costing Systems
Ch. 5 Activity-Based Costing and Cost Management Systems
Ch. 6 Activity-Based Management and Today's Advanced Manufacturing Environment
Ch. 7 Activity Analysis, Cost Behavior, and Cost Estimation
Ch. 8 Cost-Volume Profit Analysis
Ch. 9 Profit Planning, Activity-Based Budgeting, and e-Budgeting
Ch. 10 Standard Costing and Performance Measures for Today's Manufacturing Environment
Ch. 11 Flexible Budgeting and the Management of Overhead and Support Activity Costs
Ch. 12 Responsibility Accounting and Total Quality Management
Ch. 13 Investment Centers and Transfer Pricing
Ch. 14 Decision Making: Relevant Costs and Benefits
Ch. 15 Target Costing and Cost Analysis for Pricing Decisions
Ch. 16 Capital Expenditure Decisions: An Introduction
Ch. 17 Further Aspects of Capital Expenditure Decisions
Ch. 18 Allocation of Support Activity Costs and Joint Costs
Ch. 19 Absorption, Variable and Throughput Costing