Course syllabus for ACCT 331 Cost Accounting I
Course description: The overall objective of this course is to describe, use and evaluate methods of cost identification, accumulation, allocation and disclosure. It considers the role of the accountant in the entity, cost accounting principles and terminology, the relationships among costs, volume and profit, product costing systems and budgeting. Topics considered here include: master budgeting, flexible budgeting, standard costing and alternative product costing methods. Short run and long run cost behavior patterns are considered and evaluated. Finally, the issue of departmental cost allocation focusing on its relationship to reporting and internal resource allocation decisions.
O'Brien, Paul R., "ACCT 331 Cost Accounting I" (1994). Accounting Syllabi. 102.