ACCT 410 - Cost Accounting

Credits: 5
Explores the fundamentals of cost accounting for decision making. Examines cost concepts and behavior; cost analysis and estimation; and a variety of cost management systems, such as job costing, process costing, standard costing, service department cost allocation, and joint cost allocation. Also covers planning, budgeting, and variance analysis.

Enrollment Requirement: Admission into the BAS in Accounting program; or instructor consent.

Course Fee: $25.00

Course Outcomes:
Students who successfully complete this class will be able to:

Apply cost concepts and behavior to aid in decision making.
Perform cost-volume-profit analysis.
Use differential analysis to make pricing decisions.
Estimate cost behavior.
Apply the concepts of job costing and process costing.
Allocate service department costs and joint costs.
Work with budgets and perform variance analysis.

Program Outcomes
Use cost management systems and techniques, including budgeting and variance analysis, to inform organizational decision making.

College-wide Outcomes

Critical Thinking - Critical thinking finds expression in all disciplines and everyday life. It is characterized by an ability to reflect upon thinking patterns, including the role of emotions on thoughts, and to rigorously assess the quality of thought through its work products. Critical thinkers routinely evaluate thinking processes and alter them, as necessary, to facilitate an improvement in their thinking and potentially foster certain dispositions or intellectual traits over time.
Quantitative and Symbolic Reasoning - Quantitative Reasoning encompasses abilities necessary for a student to become literate in today’s technological world. Quantitative reasoning begins with basic skills and extends to problem solving.