Cost Accounting

MGT3220 Cost Accounting (3)

The course explores managerial accounting concepts used in planning and controlling operations, determining cost of production, inventory control and valuation, budgeting, and long-range planning. Emphasis is placed on cost determination, cost accumulation, cost-volume-profit relationships, standard costs, variance reporting and analysis, and the relationship between con-trolling costs and controlling operations. (Prerequisite: MGT2202)