
In this Module you will be introduced to the following:
- Direct costs
- Indirect costs
- Cost allocation
- Employee motivation
Course Outcomes covered in this Module:
- Gain understanding of the accounting cycle and evaluate business transactions using the accounting equation.
- Demonstrate the communication of accounting information by the use of commercially available spreadsheet software.
- Use Cost-Profit-Volume analysis to calculate break-even points.
- Describe the purpose of budgeting in an organization.
- Calculate cost and efficiency variances using standard cost information.