Cost accounting provides key data to managers for planning and controlling, as well as costingproducts, services, even customers. Cost Accounting, 16e focuses on how this discipline wouldhelp managers make better decisions, as cost accountants are increasingly becoming integralmembers of company’s decision-making teams. In order to emphasize this prominence in decisionmaking, the authors have used the ‘different costs for different purposes’ theme throughout thisbook. By focusing on basic concepts, analyses, uses and procedures instead of procedures alone,they have recognized cost accounting as a managerial tool for business strategy andimplementation. This textbook also prepares students for the rewards and challenges they face inthe professional cost accounting world of today and tomorrow.