The goal of this module is to examine the
function and use of accounting within business entities.
Upon completion of the course, students should be able
to: 1.
Distinguish between cost accounting and other areas of
accounting 2.
Explain variable costs and fixed costs 3.
Interpret unit costs 4.
Distinguish among manufacturing, merchandising and
service companies 5.
Track the flow of costs in job costing and process
costing systems 6.
Define master budget and flexible budgets 7.
Explain the fixed overhead and variable overhead 8.
Describe various approaches to cost estimation 9.
Identify purposes for allocating costs to cost
objectives 10.
Understand the purposes of standard costs and variances 11.
Use alternative methods of capital budgeting
- Teacher: Ilter Cenap
- Teacher: Hà Hồng Hạnh