AC 2073 - Cost Accounting

Hours: 3

A study of the principles and techniques of cost accounting with emphasis on the structure of cost accounting systems, summarizing and reporting of cost information. Topics include job order, process, and standard cost systems, analysis of the flow of costs in the accounting for materials, labor, and overhead in the manufacturing process. Additional topics include the preparation of various budgets and budget analysis. An introduction to computerized integrated manufacturing systems including just-in-time inventory and activity-based costing is reviewed and analyzed.

Prerequisite: AC 1043