CostingLaajuus (3 cr)

Objective

Student can:Recognize basic problems in costing and find solutions for themApply different solutions regarding material, work and capital costsAllocate costs to different cost poolsRecognize different cost structures in different productsUtilize costing methods in allocation of products´ costs to different poolsFormalize prices profitably by using knowledge regarding cost structuresCreate basic budget

Content

Basics of costingMaterial, work and capital costsCost poolsCost structuresProcess costingJob order costingActivity based costingPricing by costingBasics of budgeting