This course provides students with a comprehensive understanding of the principles, techniques, and applications of cost accounting within various organizational contexts. Students will investigate cost measurements, analysis, planning, reporting, and control, essential for effective decision-making and performance evaluation in business settings. Covered concepts include materials control, labor costs, cost estimation and behavior, cost-volume-profit analysis, differential analysis, standard costing, variance analysis, and budgeting.
Prerequisites
Must have a "C" or better in ACCT 102R Accounting II to progress to ACCT 215R Cost Accounting.