Cost Accounting and Decision-Making: Renaissance.

Day 1:

1-      Cost Accounting defined, and its relation to business life cycles.

2-      Types of income statements

3-      Behavior of costs

4-      Normal costing vs activity-based costing.

5-      Cost Volume Profit Analysis

Day 2:

1-      Cost accounting and decision making

2-      Special sales order decision

3-      Add or drop a product decision.

4-      Sales mix decision.

5-      Cost allocation methods.