Almarai Information Essay

641 Words Apr 26th, 2015 3 Pages
TOURO COLLEGE COURSE SYLLABUS

DEPARTMENT: Business

COURSE TITLE: Cost Accounting

COURSE NUMBER: EBA 213

PREREQUISITES: EBA 101, EBA 102

CREDIT HOURS: 3

DEVELOPER: Professor Simon Saltz

LAST UPDATE: December 1,2003

COURSE DESCRIPTION: Cost accounting focuses on cost determination for manufacturers, products and services. This includes the establishment and maintenance of job order and process cost systems, and the classification of costs as product or period, direct or indirect. Also included are managerial techniques and systems such as budgeting and variance analysis, which enable a business to manage its
…show more content…
Schedule of cost of finished goods manufactured.

2. Costing Systems Job order and process costing , overhead and applied, allocating indirect costs to production, adjusting over- applied and under-applied overhead.

3. Process Cost Systems Steps for solving process cost problem, weighted average and FIFO methods, transfers between production departments.

4. Spoilage Normal and abnormal spoilage, process costing and spoilage, job order costing and spoilage.

5.Cost, Volume, Profit Relationships Breakeven analysis, contribution margin, sensitivity analysis.

6. Introduction to Budgeting and Variance Analysis Static and flexible budgets.

7. Flexible Budgeting and Standard Cost Systems Levels of variance analysis, price and volume variances, direct materials, direct labor, variable and fixed overhead variance analyses, standard costing journal entries.

8. Alternative Inventory Costing Methods Absorption costing and variable costing.

9. Joint Products. and Byproducts Allocation methods -physical quantity and net realizable value.

10. Introduction to Capital Budgeting

Net present value, payback period, internal rate of return, accounting rate of return.

HARDWARE/SOFTWARE/MATERIALS REQUIREMENTS:

Excel spreadsheet

Related Documents