2020-2021 Catalog and Student Handbook 
    Jul 20, 2024  
2020-2021 Catalog and Student Handbook [ARCHIVED CATALOG]

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ACC 205 - Cost Accounting

Credits: 3
Cost concepts and decision making, break even techniques, budgets and management analysis.

Student Learning Outcomes
  1. Demonstrate an understanding of the similarities and differences between financial and managerial accounting.
  2. Prepare job cost schedules and statements for a manufacturing firm.
  3. Distinguish and analyze job order and process cost systems, variable, fixed and mixed costs.
  4. Create an income statement using the contribution margin format.
  5. Demonstrate techniques used in break even analysis.
  6. Compute variances for materials, labor and overhead.
  7. Create a flexible budget and performance report.
  8. Determine relevant costs and analyze management decisions.
  9. Demonstrate an understanding of current trends in managerial accounting.

Prerequisite: ACC 201  
Corequisite: None
Graded: Letter Grade

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