MGT402 : Cost & Management Accounting

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Course Info

Course Category

Accounting, Banking & Finance

Course Level

Undergraduate

Credit Hours

3

Pre-requisites

MGT101

Instructor

Mian Ahmed Farhan
Chartered Accountant
The Institute of Chartered Accountants of Pakistan

Course Contents

Cost Classification and Cost Behavior Financial Statements Material, Control over Material Accounting for Losses Labor, Payroll and Incentives Labor Turnover and Labor Efficiency Ratios Factory overhead cost, Allocation and Apportionment of FOH Cost Job Order Accounting System, Process Costing System Costing/Valuation of Joint and By Products Marginal and Absorption Costing Cost – Volume – Profit Analysis Break Even Analysis – Margin of Safety, Charts and Graphs What Is a Budget? Types of Budget Decision Making In Management Accounting