This book is the eighth of fifteen books which introduces the basic principles of accounting. In this book you will learn about managerial accounting. Topics such planning, directing, and controlling are emphasized. Focusing specifically on decision making, planning, strategy, budgets, costing, analysis, and monitoring. Key costing terminology is introduced. Students will learn about product versus period costs. Unique issues related to manufacturers are discussed. Raw materials, work in process, cost of goods manufactured and cost of goods sold are also presented.