Cost Analysis for Engineers and Scientists

List of contents

1. Accounting Informational Systems. 2. Manufacturing Costs. 3. Inventory Valuation and Cost of Goods Sold. 4. Methods of Product Costing. 5. Cost Estimating Methods. 6. Joint Cost Allocation. 7. Cost-Volume-Profit (CVP) Analysis – Short-Term. 8. Cost-Volume-Profit (CVP) Analysis – Long-Term. 9. Financial Analysis. Appendix: A. List of Notations and Abbreviations. B. Compound Interest Factors. C. Selected References. D. Answers to Selected Problems.

About the author

Fariborz Tayyari is a professor of Industrial & Manufacturing Engineering & Technology at Bradley University. He holds a bachelor’s degree in Cost Accounting, Masters of Business Administrations (MBA), Masters of Science in Industrial Engineering (MSIE) and PhD in Industrial Engineering. He has been teaching Engineering Economy, Engineering Costs Analysis and Operations Research for more than 35 years. He also served a major technical and construction company as chief accountant and as a budget officer during his military service. He received a certification as a Professional Engineer (PE) from the state of Texas, a certified Professional Ergonomist (CPE) and as a Certified Safety Professional (CSP). He has published book chapters on topics such as Total Cost Analysis of Modern Automated Systems, and Joint Cost Allocation.

Summary

This textbook covers how to apply managerial accounting techniques to problems in areas such as cost estimation, cost control, product pricing, and business segment discontinuation. It also discusses how to assess and evaluate cost and profitability analysis of financial projects.

Product details

• Authors: Fariborz Tayyari, Fariborz (Department of Imet Tayyari
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Hardback
• Released: 22.11.2021
• EAN: 9781138362284
• ISBN: 978-1-138-36228-4
• No. of pages: 216
• Series: Manufacturing and Production Engineering
• Subjects: Humanities, art, music > Art > Interior design, design; Social sciences, law, business > Business > Economics; BUSINESS & ECONOMICS / Economics / General, TECHNOLOGY & ENGINEERING / Quality Control, TECHNOLOGY & ENGINEERING / Industrial Engineering, TECHNOLOGY & ENGINEERING / Industrial Design / General, Project management, Engineering: general, Budgeting & financial management, Budgeting and financial management