Cost Accounting
Studies managerial accounting in-depth from the preparer’s perspective. Topics include managerial decision support systems, elements of costs, job-order and process costing, just-in-time and flexible manufacturing systems, cost-volume-profit analysis, budgets and performance evaluation. Spring only. Prerequisite: ACC102.
Subject Code: ACC
Course Number: 215
Credits: 3
Lecture Hours 3
Course Learning Outcomes:
1. Explain the uses of cost accounting data.
2. Identify cost behavior patterns.
3. Prepare a cost production summary report for a business operating in a process cost system.
4. Perform product cost variance analyses.
5. Prepare necessary budgets for a manufacturing business.
6. Perform job order costing for manufacturing businesses.
7. Compute profitability under various methods to improve decision making.
8. Perform cost-volume-profit analyses.
9. Use differential cost analysis techniques to make special decisions.
10. Prepare accounting reports using Excel spreadsheets.
Effective Term: Fall 2020
Tutoring Services
Tutoring for all GCC students is available free of charge by professional and peer tutors. We are offering tutoring online for: accounting, math, writing, chemistry, physics, general biology, anatomy & physiology, American Sign Language, and success skills.
