- Program: Accounting Careers
- Course: Cost Accounting
- Course #: ACCT2211
- Total Credits: 3
Course DescriptionThis course is an introduction to the principles and concepts used to account for direct materials, labor, and factory overhead in both manufacturing and service entities. It includes using cost accounting data as a management tool for planning and controlling costs.
Refer to Course Syllabus for detailed information regarding the requirements and evaluation standards for this course. The Course Syllabus will be distributed the first week of the course.
Hennepin Technical College offers reasonable accommodations to qualified students with disabilities. If you have a documented disability that may require accommodations, contact the college’s Disability Services Director: Sara Laviolette at Brooklyn Park (763-488-2477) or Jean Kreutter at Eden Prairie (952-995-1544).
The following goals will be addressed in the course:
Contrast financial accounting and cost management
Prepare income statements for manufacturing organizations
Prepare process costing system journal entries
Allocate support department costs
Calculate performance ratios
Describe job costing
Contrast lean accounting techniques with traditional accounting techniques
Analyze partial productivity measures
Construct a master budget
- Lecture: 3
MnTC Goal: 0
- Prerequisites: ACCT1107
- Campus: Brooklyn Park/Eden Prairie
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