0 to 4 credits
Fall 2024 Lecture
(West Lafayette) 3.00 (North Central). Oriented to managers, the course examines the firm's internal systems for costing products or services and their interpretation. A variety of manufacturing and service industries are studies to demonstrate design of flexible cost systems to match the firm's technological, competitive and/or multinational environments. Applications to budgeting, variance analysis, pricing models, performance evaluation and incentives are demonstrated. Case discussion and analytical "what if" modes of instruction are used to enhance managerial skills of students. Design and use of accounting data are linked to other subjects in the program core and to ethical aspects of accounting policy issues. Prerequisite: MGMT 60000.
Learning Outcomes1Master basic service and product costing methods.
2Develop analytic skills to help businesses use the different types of costing information to make better business decisions and to formulate better business models.
3To understand and analyze the variety and the use of accounting performance evaluation methods and the role of incentives in a business environment.
Restrictions
Attachments
made by Purdue students.