BUS 121 - Managerial Accounting

Introduces students to the concepts, methods, and procedures for the development and use of accounting information to support and assist management in their internal cost accounting processes and financial decision making. The following areas are examined: cost terms and concepts, cost behavior, cost structure, product costing in a manufacturing environment (including activity based costing), cost-volume profit analysis, budgeting, standard costing, differential analysis, capital budgeting, variable and absorption costing, and responsibility accounting.

Prerequisite: BUS 120 or equivalent with a grade of "C" or better or "Pass".
Corequisite: None
Recommended Preparation: None
4 UNITS ; 4 hours lecture