Cost Accounting
MANAGEMENT
ACCOUNTING
Information for Decision-Making and Strategy Execution
SIXTH
EDITION
Anthony A. Atkinson
University of Waterloo
Robert S. Kaplan
Harvard University
Ella Mae Matsumura
University of Wisconsin–Madison
S. Mark Young
University of Southern California
Boston Columbus Indianapolis New York San Francisco Upper Saddle River
Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto
Delhi Mexico City S~ Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo ao AVP/Executive Editor: Stephanie Wall
Editorial Director: Sally Yagan
Editor in Chief: Donna Battista
Director of Editorial Services: Ashley Santora
Editorial Project Manager: Christina Rumbaugh
Editorial Assistant: Brian Reilly
Director of Marketing: Patrice Jones
Marketing Assistant: Ian Gold
Senior Managing Editor, Production: Cynthia Zonneveld
Production Editor: Carol O’Rourke
Text Permissions Coordinator: Tracy Metivier
Senior Operations Specialist: Diane Peirano
Art Director: Anthony Gemellaro
Cover Design: Anthony Gemmellaro
Cover Illustration/Photo: © Image Source/Corbis
Composition/Full-Service Project Management: S4Carlisle Publishing Services/Lynn Steines
Printer/Binder: Edwards Brothers
Cover printer: Lehigh-Phoenix Color/Hagerstown
Typeface: 10/12 Palatino
Credits and acknowledgments borrowed from other sources and reproduced, with permission, in this textbook appear on appropriate page within text.
Copyright © 2012, 2007, 2004, 2001, 1997 by Pearson Education, Inc., Upper Saddle River,
New Jersey, 07458. Pearson Prentice Hall. All rights reserved. Printed in the United States of
America. This publication is protected by Copyright and permission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording, or likewise. For information regarding permission(s), write to:
ACCOUNTING
Information for Decision-Making and Strategy Execution
SIXTH
EDITION
Anthony A. Atkinson
University of Waterloo
Robert S. Kaplan
Harvard University
Ella Mae Matsumura
University of Wisconsin–Madison
S. Mark Young
University of Southern California
Boston Columbus Indianapolis New York San Francisco Upper Saddle River
Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto
Delhi Mexico City S~ Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo ao AVP/Executive Editor: Stephanie Wall
Editorial Director: Sally Yagan
Editor in Chief: Donna Battista
Director of Editorial Services: Ashley Santora
Editorial Project Manager: Christina Rumbaugh
Editorial Assistant: Brian Reilly
Director of Marketing: Patrice Jones
Marketing Assistant: Ian Gold
Senior Managing Editor, Production: Cynthia Zonneveld
Production Editor: Carol O’Rourke
Text Permissions Coordinator: Tracy Metivier
Senior Operations Specialist: Diane Peirano
Art Director: Anthony Gemellaro
Cover Design: Anthony Gemmellaro
Cover Illustration/Photo: © Image Source/Corbis
Composition/Full-Service Project Management: S4Carlisle Publishing Services/Lynn Steines
Printer/Binder: Edwards Brothers
Cover printer: Lehigh-Phoenix Color/Hagerstown
Typeface: 10/12 Palatino
Credits and acknowledgments borrowed from other sources and reproduced, with permission, in this textbook appear on appropriate page within text.
Copyright © 2012, 2007, 2004, 2001, 1997 by Pearson Education, Inc., Upper Saddle River,
New Jersey, 07458. Pearson Prentice Hall. All rights reserved. Printed in the United States of
America. This publication is protected by Copyright and permission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording, or likewise. For information regarding permission(s), write to:
References: on organizational performance measurement include Richard L. Lynch and Kelvin F. Cross, Measure Up! How to Measure Corporate Performance (Cambridge, Mass.: Blackwell Business, 1995); Robert S. Kaplan and David P. Norton, The Balanced Scorecard: Translating Strategy into Action (Cambridge, Mass.: Harvard Business School Press, 1996); and Andy Neely, Business Performance Measurement: Theory and Practice (Cambridge, UK: Cambridge University Press, 2002). NIST: Malcolm Baldrige Excellence Program home page, retrieved November 20, 2010 from http:// www.nist.gov/baldrige/ The EFQM Excellence Model home page, retrieved November 20, 2010 from http://www.efqm.org Chapter 2