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Product Details

Cost Accounting (ACC-385)
Location:
Various: distance learning format

Length:
Varies (self-study; self-paced)

Dates:
December 2021 - Present.

Subject Area:
Business and Economics

Number of Credits:
4

Learner Outcomes:

Upon completion of this course, students will be able to: identify the various costs for manufacturing and service companies; apply different cost assignment methods to determine inventory and service costs; describe the master budget for a manufacturing company; explain company results using standard costing; and discuss inventory costs within an advanced manufacturing environment.

Instruction:

Cost Accounting i examines the concepts and procedures underlying the development of a cost accounting system for managerial decisions, control, and performance reporting. Topics include cost measurement and cost control; cost-volume-profit analysis; job costing; activity-based costing; tools for planning and control; master budgeting and responsibility accounting; flexible budgeting and variance analysis; management control systems; inventory costing, management, and capacity analysis; cost information for decision making; relevant information; pricing decisions; cost management; strategic profitability analysis; cost allocation and revenues; measurement and control of overhead costs; and revenues and sales variances.

Credit recommendation:

In the upper division baccalaureate degree category, 4 semester hours in Accounting, Economics, Forensic Accounting, Auditing, Cost Accounting, or Business Administration (6/22).


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