ACCT 410 - Cost Accounting

Credits: 5
In-depth understanding of cost accounting systems and application of differential cost for decision-making.
Course Outcomes:

Explain and analyze cost behavior patterns, inventory variable costs, fixed costs, and period costs.
Calculate the cost of a given product or service using job-order costing, process costing, and activity-based costing systems.
Determine the break-even point and output needed to achieve desired operating income using equation, contribution margin, and graph methodology.
Develop a master budget with supporting schedules and explain their importance in planning, controlling, and facilitating communication throughout an organization.
Compute the price efficiency variance for direct cost categories.

Course Topics:

Decision making steps
Cost Accounting principles
Cost allocation
Activity Based Costing
Budgeting
Risk Management
Breakeven Analysis
Cost behavior patterns

LEC Credits: 5
LEC hours per week: 5
Prerequisite(s): Grade of C or higher in ACCT& 203
Course Attribute(s): Course-BAS
OEE Permitted: No
Grading Basis: Graded
Instructor/Department Consent Required: Consent Required
CIP Code: 52.0301
Default Section Size/Cap: 25
Quarter(s) offered:

Winter