A study of the uses of accounting data for managerial planning and control, including cost control, capital budgeting and pricing decisions. Not for accounting concentrators. Prerequisite: ACC 101

Accounting techniques for managerial planning and control for all types of organizations, including nonprofit, retail, wholesale, selling, and administrative situations in large and small businesses are included in this course. Product costing for manufacturing companies is also covered; however, emphasis is placed on the implications of the methods used for decision making. Topics covered include cost-volume- profit analysis, types of costs and cost behavior patterns, relevant costs for various types of decisions, budgeting, standard cost variances, responsibility accounting, capital project evaluation techniques, job order cost systems, and process cost systems. Students will solve various problems using microcomputers and spreadsheet software.