The student will be able to determine product costs and to apply the elements of cost control to basic job order, process, and standard cost systems. He or she will apply the elements of cost recognition and control to an examination of the nature of manufacturing and service costs and the use of relevant accounting data for the purposes of making cost systems which lead to effective management decisions. Computerized exercises will be included.
General Education Outcomes are the knowledge, skills, abilities, attitudes, and behaviors that students are expected to develop as a result of their overall experiences with any aspect of the college, including courses, programs, and student services, both inside and outside of the classroom. The General Education Outcomes specifically learned in this course are:
- Communication
- Critical Thinking
Discussions (25%) Discussion posts will be evaluated based on thoughtfulness, consistency, and engagement with course material.
Assignments (25%) Assignments submitted through Canvas will assess the understanding of course concepts
Midterm Exam (25%) Covers the first half of the course.
Final Exam (25%) Covers the second half of the course.
Faculty Contact Information
Tuesday 1:15 PM - 2:00 PM
Tuesday 3:15 PM - 4:30 PM
Thursday 1:15 PM - 4:15 PM
Course Information
At the end of this course, students will be able to:
- Differentiate between job order and process cost systems
- Understand cost behavior and Cost-Volume-Profit analysis
- Compute income using various accounting and managerial methods
- Examine the criteria to prepare, implement and assist management with budgets
- Measure performance using variances and variance and analysis
- Organize a business using decentralized operations
Title: Cost Management
Authors: Hansen, Mowen
Publisher: Cengage
Business, Technology & Human Services
Dean, Paul Carlson; 815-802-8858; V105; pcarlson@kcc.edu; Division Office – W102; 815-802-8650
Make-up Policy
Arrangements must be made prior to the deadline with the professor.
College Policies, Resources and Supports
For information related to the Student Code of Conduct Policy, Withdrawal Policy, Email Policy, and Non- Attendance/Non-Participation Policy, please review the college’s Code of Campus Affairs and Regulations webpage, which can be found at catalog.kcc.edu under the Academic Regulations & Conduct Guide.
KCC offers various academic and personal resources for all students. Many services are offered virtually, as well as in person. Please visit Student Resources - Kankakee Community College to access student resources services such as:
- Clubs and organizations
- Counseling and referral services
- Office of disability services
- Student complaint policy
- Transfer services
- Tutoring services, etc.
The materials on this course are only for the use of students enrolled in this course for purposes associated with this course. Further information regarding KCC's copyright policy is available at https://kcc.libguides.com/copyright.
|Course syllabus/calendar is subject to change.