This course is designed to orient the students to cost accounting and control framework of business. Topics covered include cost accounting fundamentals, cost terms, concepts, classification behavior, cost-volume-profit relationships, cost flows, accumulation and reporting in a service, trading and manufacturing business. This course will emphasize application of systems design such as Job-Order Costing, Process and Costing and Cost Allocation, Activity-Based Costing, Just-in-time and Backflush Costing System, and Standard Costs and Operating Performance Measurement.
- Teacher: Alma Lyn Miase