Mar 13, 2025  
2023-2024 Undergraduate Academic Catalog-June Update 
    
2023-2024 Undergraduate Academic Catalog-June Update [ARCHIVED CATALOG]

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BUS 3560 - Managerial Cost Accounting

2 lecture hours 2 lab hours 3 credits
Course Description
Students are introduced to the business concepts and methods used to report managerial performance information to internal users and to assist in making sound business decisions while managing the firm. This course will help the student to understand the fundamental concepts of managerial accounting and costing. The project for this class will be preparation of a master budget for a manufacturing company. (prereq: BUS 2510 ) (quarter system prereq: BA 2501)
Course Learning Outcomes
Upon successful completion of this course, the student will be able to:
  • Compare costing method including job order, process costing, activity-based costing, and contribution costing systems
  • Evaluate, communicate, and prepare managerial accounting information in the appropriate format for decision-making
  • Classify and analyze the various types of costs and track the flow of costs in a manufacturing company
  • Use managerial accounting information for decision-making
  • Evaluate the ethical dimensions of managerial accounting

Prerequisites by Topic
  • None

Course Topics
  • The manager and managerial accounting
  • Cost terminology
  • Cost volume profit analysis
  • Job costing
  • Activity based costing
  • Process costing
  • Master budget for a manufacturing company
  • Flexible budgets, standard costs, and overhead cost variances and management control
  • Inventory costing and capacity analysis
  • Determining how costs behave
  • Performance measurement in a decentralized organization
  • Decision-making and relevant information
  • Capital budgeting decisions
  • Pricing products and services

Coordinator
Carol Mannino



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