Costing provides a comprehensive insight into both the theory and practice of cost and management accounting. Designed to systematically cover the professional cost accounting syllabuses, this book is equally valuable for introductory degree and diploma courses in business, accounting, and finance. Now in its 7th edition, Terry Lucey delivers clear and structured content that meets the needs of both students and professionals. The initial chapters focus on the objectives, principles, techniques, and methods of cost accounting, detailing the analysis and accumulation of costs. The latter sections explore the use of cost information for planning, control, and decision-making. Throughout the book, practical examples illustrate key concepts, ensuring that readers fully grasp the significance and interconnections of various costing aspects, including budgetary control, standard costing, and marginal costing.
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