Cost Accounting

Catalog description

The principles and procedures followed in the assembling and recording of materials, labor, and manufacturing expenses to ascertain production costs, costing for joint products, job costing, budgeting, standard costs, direct costs, and pricing joint products are studied. It also covers the relationship of cost accounting to the performance of management’s pursuit of company objectives is studied with four basic points of view in mind: cost principle, determination, control, and analysis. Prerequisite(s): ACCT 216