Accounting 3

Catalog description

This final course in this sequence primarily focuses on Cost Accounting including manufacturing statements, cost theory, integration of materials, labor and overhead, average and FIFO process costing methods, equivalent units, multiple products, changes in units, budgeting, cost classification and computerized applications. Providing students with an opportunity to reinforce and apply accounting skills previously learned. Through comprehensive research, they will be able to review and analyze financial data to see the impact on managerial decisions. Students complete a simulation project.