Management AccountingLaajuus (4 cr)

Objective

After completing the course, a student candescribe the differeces between management accounting and financial accountingdescribe the basic problems of accountingdescribe the basic terms of costingcalculate material, labour and capital costsallocate costs to cost centrescalculate product costsutilize contribution margin analysis in various short-term calculationsset the price to a productutilize linear programmingmake investment calculationsprepare the separate budgets which lead to the main budgets

Content

classification, assessment and assigment of costscontribution margin analysispricingshort-term alternative calculationslinear programminginvestment calculationsbudgeting