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ACCT 240: Managerial Accounting

Nichols College
3 Credit Hours
Regular price
$600.00
Sale price
$600.00
Regular price
Unit price
per 

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  • Class Start

    June 27, 2022

  • Class End

    August 21, 2022

  • Drop Day

    July 11, 2022

  • Term

    Summer 2022

  • Teacher

    TBD

  • Course Syllabus

    See Syllabus
ACCT 240: Managerial Accounting is offered online by Nichols College. Examines the use of accounting data for planning and control in organizations. Topics include cost classification, profit planning, activity-based costing, flexible based budgets, marginal and break-even analysis. Computer usage is integrated. Not open to accounting majors Extended description: We will emphasize how the information is used to make decisions, rather than how to create the information. Accounting information can be used to support all decisions made in business today. As you progress, think about how this material relates to your decision making today, your next course, and the position you aspire to upon completion of your degree. How does a business’ Strategy affect its choice of performance measures and products offered? How do Ethics affect a company’s cost and product decisions? Does accounting information support a Marketing plan that is based on meeting or exceeding customer expectations for quality and delivery of product or service? How have recent trends in Operations Management affected the cost structure of firms, break-even points, make or buy and outsourcing decisions? How can accounting information assist Management in achieving their performance goals? Will managers use capital budgeting techniques discussed in Finance if they are evaluated in terms of accounting profit? Does the Economic environment have an effect on a business’ pricing decisions? Learning Outcomes: 1. Identify foundational managerial accounting concepts. 2. Classify resources according to cost type and behavior. 3. Examine multiple costing methods to compare and contrast. 4. Use the relationships between cost, volume and profits (CVP) to demonstrate how profits can be affected by its components. 5. Develop a comprehensive budget 6. Analyze and make recommendations for short-term decisions when it comes to special orders, make or buy, keep or discontinue a segment or product and sell or process further.
Accounting

Required Text

N/A - OERs

This course information is provided by the relevant teaching institution and may reference requirements that are meant for full-time students at that institution.
If you purchase this course but do not begin it by the relevant drop date, we may cancel your enrollment and issue you a refund.

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