ACC 201 Principles of Accounting II-Managerial (3 credits)

Hours: 3 classroom + 0 lab/studio
Prerequisite(s): ACC 200 and sophomore standing.
Prerequisite OR Co-requisite: MAT 114
Taught: Fall, spring, and summer
Management’s use of accounting information for decision making and planning. Introduction to management accounting terms and concepts. Elements of product costing; assessment of various costing systems such as actual, normal, and standard costing, and variable versus absorption costing. Various topics such as outsourcing decisions, maximizing constraints, cost-volume-profit analysis, cost function estimation, activity-based costing, and management’s preparation and use of budgets and analysis of variances.
Repeatable: No
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