- Program: Accounting Careers
- Course: Managerial Accounting
- Course #: ACCT2221
- Total Credits: 4
Course DescriptionThis course is a presentation of how accounting data and concepts may be interpreted and applied by management in planning and controlling business operations.
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:
Define competitive advantage
Explain the importance of relevant costs
Define strategic alignment targets
Calculate transfer prices
Calculate inventory costs using job-costing techniques
Explain cost-volume-profit analysis
Differentiate the different kinds of cost behavior
Create a balanced scorecard
Define quality costs
Evaluate pricing policies
Describe the differences between managerial and financial accounting
Apply the concepts underlying strategic capital investment decisions
Calculate standard costs for the use of creating variance analysis reports
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