ACCT& 203 - Principles of Accounting III

Credits: 5
Application of accounting concepts and techniques to managerial problems of planning and control are discussed.
Course Outcomes:

Compare and contrast managerial accounting from financial accounting.
Apply direct and indirect cost allocation methods.
Determine product costs using job order and process costing systems.
Recommend business alternatives based upon cost-volume-profit and break-even analysis.
Prepare operating, financial, and capital budgets and determine their use in planning and control.
Evaluate business options and opportunities using managerial accounting concepts.

Course Topics:

Goal setting
Decision-making steps
Product costing
Cost accumulation
Activity Based Management
Cost Behavior Patterns
Breakeven analysis
Budgeting
Standard Costs
Variance analysis

LEC Credits: 5
LEC hours per week: 5
Formerly: ACCT 203.
Prerequisite(s): grade C or higher in ACCT& 202.
Course Attribute(s): None
OEE Permitted: Yes
Grading Basis: Graded
Instructor/Department Consent Required: No Consent
CIP Code: 52.0302
Default Section Size/Cap: 24
Quarter(s) offered:

Summer
Fall
Winter
Spring