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(ACCT 312) Managerial Accounting

Review of the managerial accounting concepts in ACCT 200 and ACCT 210 and an in-depth study of managerial information used for decision making. Includes international dimensions of managerial accounting.

Credit Hours 3.0 Lecture
Prerequisites ACCT 200 (w/ B or better) and ACCT 210 (w/B- or better)
Offered Fall, spring
Programs Accounting (BS), Accounting Minor

Course Learning Outcomes

Upon completing this course, students will be able to:

  1. Understand the methods used to trace product costs involving allocation, activity-based costing, and direct tracing.
  2. Understand how to reduce costs and improve productivity.
  3. Understand fixed and variable costs and the importance of the behavior of costs in planning.
  4. Understand how to perform cost-volume-profit (CVP) analysis to make plans and decisions for the future.
  5. Understand the process for allocating support department costs and joint costs.
  6. Understand how to create budgets for complex situations.