ACCT 250 - Cost Accounting

Credit(s): 3
Prerequisite(s): ACCT 121.
Reviews the fundamentals of management accounting, cost accounting terms and uses; new topics include cost-volumeprofit (CVP) analysis, job-order and process costing systems; activity based costing (ABC); flexible budgets and variance analysis; allocation of costs related to department and factory overhead; joint products and by-products; use of accounting information to value inventories and determine net income; and use of cost information in decision making.