ACCB 226 Accounting for Decision Making*

This course will provide the student with an understanding of cost concepts, cost behavior, and cost accounting techniques as it applies to manufacturing cost systems. The student learns the principles and procedures of job order costing, process costing, and standard costs.

Credits

3 Credits

Prerequisite

ACCB 131

ACCB 226Accounting for Decision Making*

Please note: This is not a course syllabus. A course syllabus is unique to a particular section of a course by instructor. This curriculum guide provides general information about a course.

I. General Information

Department

Business

II. Course Specification

Course Type

Program Requirement

Credit Hours Narrative

3 Credits

Semester Contact Hours Lecture

48

Semester Contact Hours Lab

0

Semester Contact Hours Clinical

0

Prerequisite Narrative

ACCB 131

Grading Method

Letter grade

Repeatable

N

III. Catalog Course Description

This course will provide the student with an understanding of cost concepts, cost behavior, and cost accounting techniques as it applies to manufacturing cost systems. The student learns the principles and procedures of job order costing, process costing, and standard costs.

IV. Student Learning Outcomes

Upon completion of this course, a student will be able to:

Use rations to analyze financial statement and articulate in writing what the analysis means. Accurately prepare statement of cash flows Demonstrate how to create various reports managers use to evaluate revenue and costs Demonstrate how to create department level financial reports and articulate in writing what the report means. Journal and post financial information specific to manufacturing businesses

V. Topical Outline (Course Content)

Financial Statement Analysis The Statement of Cash Flows Introduction to Managerial Accounting Job Order Costing Process Costing Cost-Volume-Profit Analysis Master Budgets Flexible Budges and Standard Cost Systems Cost Allocations and Responsibility Accounting Short-Term Business Decisions K. Capital Investment Decisions

VI. Delivery Methodologies

Required Assignments

Chapter homework associated with above mentioned chapters.

Required Exams

Chapter Tests as needed. Final Exam-Comprehensive

Required Text

Horngren’s Accounting –The Managerial Chapters by Miller-Nobles, Mattison, and Matsumura 11th edition2. MyAccountingLab

Required Materials

Required Activities

Specific Course Activity Assignment or Assessment Requirements

Chapter homework associated with above mentioned chapters. Chapter Tests as needed. Final Exam-Comprehensive 1. 2.