ACCT 103Managerial/Cost Acct

Catalog

Introduction to Managerial and Cost Accounting used by management in conducting daily operations, planning future operations, and developing overall business strategies. Topics include Process Cost System, Cost Behavior and Cost-Volume-Profit Analysis, Profit Reporting for Management Analysis, Budgeting, Performance Evaluation Using Variance from Standard Costs, and Cost Allocation and Activity-Based Costing. Prerequisite: Accounting 101 and 102. 3 semester hours