BUS 904 Managerial Accounting: (3-4 Semester Credits)
At the conclusion of this course, students will be able to:
analyze, interpret and complete both job-order and process cost accounting cycles
construct, analyze and interpret cost-volume-profit relationships
interpret and analyze absorption and variable costing approaches for managerial decisions
formulate, interpret and complete a master budget with pro-forma income statement and balance sheet
construct standard costs and measure variances from standards to material, labor and manufacturing overhead
analyze and interpret differential costs and product decisions
construct, analyze, and interpret activity-based costing as a decision-making tool
construct, analyze and interpret decisions using present value method
REVISED 04/17/2015, Minor revision removing “just in time” from outcomes, 03/31/2021 – Effective Fall 2021