ACCT 55 Cost Accounting (3)
Credit, Degree Applicable
Fundamental accounting procedures covering job order, process, and standard cost systems; budgetary control; direct costing; cost reports for management use.
After successful completion of this course, students will be able to:
- Outcome 1: Prepare reports and analyses which provide managers with cost-volume profit and budget information for planning.
- Outcome 2: Determine and analyze cost information using various allocation and accumulation methods.
- Outcome 3: Prepare analyses and reports, such as variance and segment performance, which provide relevant feedback to management for decision-making.