Preface . vii About the General Editor . viii About the Contributors . ix PART 1: UNDERSTANDING THE BASICS CHAPTER 1 The role of cost and management accounting Zahirul Hoque. 3 CHAPTER 2 An introduction to cost terminology, cost flows, and cost behaviour Zahirul Hoque . 9 PART 2: PLANNING AND COST CONTROL CHAPTER 3 Cost-volume-profit (CVP) analysis Zahirul Hoque . 19 CHAPTER 4 Budgeting process and decision making Manzurul Alam .25 CHAPTER 5 Control of operations through the application of standard costing and variance analysis Zahirul Hoque and Mohamed AboElhamd Omran .

45 PART 3: PRODUCT COSTING PROCESSES CHAPTER 6 Job order cost accounting systems Zahirul Hoque . 61 CHAPTER 7 Process costing systems Zahirul Hoque . 69 PART 4: COST ALLOCATION PROCESSES CHAPTER 8 Service department cost allocation Zahirul Hoque . 77 CHAPTER 9 Activity-based costing: concepts, processes and issues Maria Major and Zahirul Hoque . 83 CHAPTER 10 Activity-based costing in a Portuguese telecommunication company Maria Major . 105 PART 5: DECISION MAKING AND CAPITAL BUDGETING CHAPTER 11 Theory and practice in pricing decisions Carly Webster .119 CHAPTER 12 Transfer pricing in decentralised organisations Zahirul Hoque and Ali Rkein . 135 CHAPTER 13 Capital budgeting: theory and practice.