Managerial Accounting – Ray H. Garrison, Eric W. Noreen – 11th Edition


For centuries, the lighthouse has provided guidance and safe passage for sailors. Similarly, Garrison//Brewer has successfully guided millions of students through , helping them sail smoothly through the .

Decades ago, lighthouses were still being operated manually. In these days of digital , lighthouses are run using automatic lamp changers and other modern . In much the same way, Garrison/Noreen/Brewer has evolved over the years. Today, the Garrison book not only guides students—accounting majors and non-majors alike— safely through the course, but is enhanced by new forms of media and technology to augment student learning and increase student motivation.

As the long-time best-seller, Garrison has helped guide close to 2 million students through the challenging waters of managerial accounting since it was first published. It identifies the three functions managers must perform within their organizations-plan operations, activities, and make decisions-and explains what accounting information is necessary for these functions, how to collect it, and how to interpret it. To achieve this, Managerial Accounting, 11/E, focuses, now as in the past, on three qualities: Relevance: Every effort is made to help students relate the concepts in this book to the decisions made by working managers.

Table of Contents

1. Managerial Accounting: An Overview
2. Managerial Accounting and Cost Concepts
3. Job-Order Costing
4. Process Costing
5. Cost-Volume-Profit Relationships
6. Variable Costing and Segment Reporting: Tools for Management
7. Activity-Based Costing: A Tool to Aid Decision Making
8. Profit Planning
9. Flexible Budgets and Performance Analysis
10. Standard Costs and Variances
11. Performance Measurement in Decentralized Organizations
12. Differential Analysis: The Key to Decision Making
13. Capital Budgeting Decisions
14. Statement of Cash Flows
15. Financial Statement Analysis

Appendix A Pricing Products and Services
Appendix B Profitability Analysis
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