Principles of Accounting III

Course Number: 
Course Credits: 
Course Description: 
A study of accounting information and its application and uses within the business organization. Includes the study of manufacturing operations with emphasis on determination, behavior and control of costs, cost-volume-profit analysis, budgeting and responsibility accounting, and management decision making for pricing, capital expenditures and short-run analysis. 5 lecture hours. Satisfies specified elective requirement for the AA degree.
Course Prerequisites: 
Prerequisite: ACCT& 202.
Course Outcomes: 

Students will learn to:

  • Allocate manufacturing overhead using activity-based systems.
  • Use cost concepts to facilitate decision making.
  • Prepare budgets and explain their usefulness in managing an organization.
  • Apply incremental analysis to various short-run decisions.
  • Use various techniques to make pricing decisions