ACC 122 - Managerial Accounting (4)

Prerequisite: ACC 121
IAI: BUS 904
fall, spring, summer

Lecture: Four hours of lecture/discussion per week.

A continuation of ACC 121. Students will learn 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; and construct, analyze and interpret just-in-time procedures. A working knowledge of spreadsheets or CIS 123, or CIS/OS 133 recommended.

Note: Search for available course section offerings: Course Schedule.

PCS: 1.1