ACCT2211 Cost Accounting
This course is an introduction to the principles and concepts used to account for direct materials, labor, and factory overhead in both manufacturing and service entities. It includes using cost accounting data as a management tool for planning and controlling costs.
Course Requirements and Evaluation
Refer to Course Syllabus for detailed information regarding the requirements and evaluation standards for this course. The Course Syllabus will be distributed the first week of the course.
Learning Outcomes
The following outcomes will be addressed in the course:
Contrast financial accounting and cost management
Prepare income statements for manufacturing organizations
Prepare process costing system journal entries
Allocate support department costs
Compute variances
Calculate performance ratios
Describe job costing
Contrast lean accounting techniques with traditional accounting techniques
Analyze partial productivity measures
Construct a master budget
Text and References
A list of textbooks required for this course is available at the
campus store and in eServices.
Course Scheduling
The scheduled hours of instruction include sixteen hours for each lecture credit, thirty two hours for each lab credit and forty hours for each credit of supervised occupational experience (SOE). Lecture credit may include formal or impromptu lectures, demonstrations or discussions with the entire class or with small groups or individuals. Refer to the Credit Details section of this course outline for the credit breakdown.
Accommodations Statement
Access Services - Reasonable accommodations are available to qualified students with documented disabilities. Upon attending an intake meeting with Access Services, qualified students will receive a letter listing the approved accommodations that they may provide to their instructors. If you have a documented disability that may require accommodations, contact HTC Access Services at
AccessServices@hennepintech.edu or
https://hennepintech.edu/current-students/access-services/index.html.
Campus
Brooklyn Park Campus and Eden Prairie Campus: 952-995-1300
Credit Details