Cost Accounting

Catalog description

Examines the importance of cost accounting to the various levels of management and the dual function of cost as an information system and as a tool for planning and control. Concepts in the accumulation of manufacturing costs, job order, and process costs systems are stressed. A study of budgets and standard cost systems as a function for planning and control; direct costing, break-even and cost-volume-profit analysis, as an aid to decision making. Prerequisite Course(s): Prerequisite: ACCT 105 or ACCT 205 Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3