ACCT 2330 - Managerial Cost Accounting

4.5 Credits

Students learn the role of the accountant or manager as decision maker. Topics covered involve a study of relevant costs for decision making; contribution margin approach to decision making; absorption costing vs. direct costing; and the effect on income; ABC Costing; capital projects selection and subsequent evaluation; cost volume profit relationships; decision making and allocation involving joint costs; decentralization, performance measurement.

Prerequisites: (1) ACCT 1120 with a grade of C or better

Lecture Hours: 4.5
Lab Hours: 0.0
Internship Hours: 0.0
Clinical or Practicum Hours: 0.0

Course Objectives

Demonstrate decision making techniques using accounting information.
Make decisions by computing the break-even point.
Differentiate between costing methods, and prepare related management reports.
Evaluate decisions based on responsibility accounting techniques, the balanced scorecard, and decision-making concepts.
Evaluate capital projects using the payback method, accounting rate of return method, net present value method, internal rate of return method, and other techniques.

View Class Schedule