BPA 261 - Cost Accounting

3 credit hours - Three hours weekly; one term.
Examine basic principles of cost accounting, including accounting for manufacturing expenses, application of costs to operations and products, preparation of statements, analysis of cost information for administrative and control purposes, and specific order and process cost systems.

Prerequisite(s): BPA 202 .

Note: Typically offered OL; fall term.

Course Outcomes:
Upon successful completion of this course, students will be able to:

1. Differentiate between, and correctly apply, various costing methods in a manufacturing environment.

2. Organize, analyze, and present cost accounting data.

3. Analyze cost behavior, cost estimation, cost management, and cost allocation.

4. Solve accounting problems related to various cost accounting scenarios.

5. Develop and assess financial information through the planning and budgeting process.

6. Utilize time value of money concepts and applicable costing methods to make business-related decisions.