Cost Accounting and Analysis

This course covers the nature, objectives and procedures of cost accounting and control. Topics include job costing and process costing, joint product costing, standard costs, theories of cost allocation and absorption, uses of cost accounting data for management decision making, accounting for manufacturing overhead, cost budgeting, cost reports, distribution costs, standard costs, differential cost analysis, profit-volume relationships and break-even analysis. Designed for people who are preparing for careers in accounting or those currently in production planning, materiel control, production control, program management and pricing and/or purchasing.