Managerial Accounting

Catalog description

A study of the use of accounting data for managerial purposes including; planning, directing, and controlling activities. Includes broad coverage of concepts, structures, classifications, and behaviors of costs. Topics include; job costing, process costing, activity based costing, relationship between cost, volume and profitability, relevant range, standard costing, profit planning and budgeting, static and flexible budgeting, responsibility accounting and segment reporting, absorption and variable costing and capital expenditure decisions. 72 hours lecture, 18 hours laboratory. Transfer: CSU, UC; C-ID# ACCT 120. Prerequisite: BUSN 1A with a minimum grade of C.