Cost and Managerial Accounting

Learning Outcomes of the Course Unit

1) Defines the concepts of cost
2) Explain cost and expense types.
3) know cost behavior.
4) analyze profit planning.
5) calculate the cost of materials and labor.
6) Distributes FOH to cost centers. Knows the distribution methods.
7) Calculates cost according to Order and Process Costing methods.
8) calculate cost in combined production.
9) use standard costing method in cost control.
10) know business budgets and control applications.
11) make managerial decisions by using cost information.
12) make managerial decisions by using cost information.
13) Knows contemporary costing approaches.
14) Knows contemporary costing approaches.
15) Knows contemporary costing approaches.
16) Knows contemporary costing approaches.