ACCT 3130

The study of cost systems and the development of cost information, cost management and the use of cost information in managerial decision making. Topics include: cost terminology and cost behaviour, product costing (job order, process and operations costing), cost allocation including activity-based costing, variable costing, cost estimation, cost-volume-profit analysis, and using cost information to make cost, revenue, production and quality decisions. This course seeks to develop analytical and problem-solving skills. Prerequisite(s): Accounting 2400 OR Admission to the Post-Bachelor Certificate in Advanced Accounting Equivalent: Management 3130 (prior to 2021/2022) Note: All prerequisite courses must have a minimum 'C-' grade.