British Columbia Institute of Technologywww.bcit.ca/study/courses/fmgt4210

BCIT

FMGT 4210 - Cost and Managerial Accounting 2

Financial Management Part-time Studies Course

School of Business

Course Details

Emphasizes relevant costing for decision-making, cost behaviour, cost allocation, joint and by-product costs, process costing, regression analysis, linear programming, mix and yield variances, decentralization, transfer pricing, and performance evaluation and compensation.

Prerequisite(s)

FMGT 3210

Credits

5.5

Cost

$688.58 - $701.72 See individual course offerings below for actual costs.

Fall 2016

Below are four offerings of this course for the Fall 2016 term.

CRN 30784

Start any time

This is a distance learning course. Start any time. You have 30 weeks from the date you register to complete this course.

Instructor

TBD

Course Outline

TBD

Cost

$688.58

Notes

  1. Correspondence format.
  2. Both the textbook AND an assignment package are necessary in order to proceed with this course. Studetns may purchase these two items at the BCIT Burnaby bookstore or online at www.bcitbookstore.ca/distance/ . Please ensure that you have the MANDATORY prerequisites: FMGT 1100, FMGT 2100 and FMGT 3210. THIS COURSE MAY NOT BE AUDITED.
  3. Important course information will be sent to you immediately after registering. Check your myBCIT email account to access this information.

CRN 30785

Start any time

This is a distance learning course. Start any time. You have 24 weeks from the date you register to complete this course.

Instructor

TBD

Course Outline

TBD

Cost

$92.21

Notes

  1. Available for re-registration (course extension) only.
  2. Departmental approval needed
  3. This section is for students who are currently enrolled in the FMGT4210 by correspondence ONLY. These students may re-register to extend their completion dates by an additional 24 weeks. Departmental approval is needed.
  4. Important course information will be sent to you immediately after registering. Check your myBCIT email account to access this information.

Online registration for this course offering is not available. However, you can still register via phone, mail or in person.

Registration Options

CRN 32090

Wed Sep 14 - Wed Dec 07 13 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 14 - Dec 07 Wed 18:00 - 22:00 BBY NE1 Rm. 412

Instructor

Randy Robinson

Course Outline

Cost

$688.58

This course offering is in progress. Please check this page for other currently available offerings, subscribe to receive email updates or contact us with your comments or questions.

In Progress

CRN 30764

Thu Sep 15 - Thu Dec 08 13 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 15 - Dec 08 Thu 18:00 - 22:00 BBY SW1 Rm. 2024

Instructor

Corey Carriveau

Course Outline

Cost

$688.58

This course offering is in progress. Please check this page for other currently available offerings, subscribe to receive email updates or contact us with your comments or questions.

In Progress

Winter 2017

Below are two offerings of this course for the Winter 2017 term.

CRN 16439

Thu Jan 05 - Thu Apr 06 13 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 05 - Apr 06 Thu 18:00 - 22:00 BBY SW1 Rm. 2030

Instructor

Corey Carriveau

Course Outline

TBD

Cost

$701.72

Notes

  1. No class March 16th.

CRN 10234

Mon Jan 09 - Mon Apr 10 13 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 09 - Apr 10 Mon 18:00 - 22:00 BBY NE1 Rm. 403

Instructor

Corey Carriveau

Course Outline

TBD

Cost

$701.72

Notes

  1. Class will be held on Family Day, February 13th. Class will not be held March 20th.

Learning Outcomes

Upon successful completion, the student will be able to:

  • Describe various methods for splitting mixed costs into their variable and fixed components.
  • Use the High-Low method for splitting mixed costs into their variable and fixed components.
  • Apply the learning curve in making estimates of future costs.
  • Use regression analysis for splitting mixed costs into their variable and fixed components and evaluate the validity of the results.
  • Provide relevant costs to assist management in decision making and pricing.
  • Apply linear programming to assist management in the allocation of scarce resources.
  • Allocate costs from service departments to production departments using the direct, step and reciprocal methods.
  • Prepare income statements for segments of an organization using the contribution approach.
  • Allocate joint costs to joint products using the physical measures, sales value at split-off, relative sales value and constant gross profit percentage methods.
  • Provide information to assist management in deciding whether joint products should be processed beyond the split-off point.
  • Account for by-product revenues and costs.
  • Demonstrate the Weighted Average and FIFO methods of process costing.
  • Show how standard costs can be used in process costing.
  • Demonstrate how interdepartmental transfers affect Weighted Average and FIFO process costing.
  • Account for spoilage in process costing using both the Weighted Average and FIFO methods.
  • Demonstrate the use of JIT costing, Operation costing and Backflush costing.
  • Develop methods for controlling the costs of major projects.
  • Divide the Sales Volume Variance into Quantity and Mix or Market Size and Share Variances.
  • Compute Mix and Yield variances for direct materials and labour.
  • Evaluate various management control systems and the control of “Quality” and “Time”.
  • Evaluate the benefits and costs of decentralization.
  • Demonstrate three general methods for determining transfer prices.
  • Evaluate alternative performance measurement and compensation systems.

Effective as of Winter 2004

Related Programs

FMGT 4210 is offered as a part of the following programs:

School of Business

  1. Accounting
    Full-time   Diploma
  2. Accounting
    Part-time   Diploma
  3. Finance
    Full-time   Diploma
  4. Finance
    Part-time   Diploma
  5. Financial Management (Finance Option)
    Part-time   Certificate
  6. Financial Management (Professional Accounting Option)
    Part-time   Certificate

Books & Supplies

The BCIT bookstore carries textbooks, general reference books, software, and stationery. Please visit bcit.ca/bookstore for more information.

Fall 2016

Books for Fall 2016 offerings of this course are available in the following BCIT online bookstores. Please choose the bookstore appropriate for the offering you are considering.

BCIT Burnaby Bookstore

If you are taking this course, but are not taking it through either Distance Education or Online Learning, nor at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Burnaby Bookstore.

Cost Accounting: A Managerial Emphasis, Seventh Canadian Edition Plus MyAccountingLab with Pearson eText -- Access Card Package (7th Edition)
Author Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan, Louis Beaubien, Chris Graham
Publisher Pearson Canada
Copyright 2016
Binding Hardback
ISBN 978-0-13392-915-7
Price $165.95
Required

Winter 2017

Books for Winter 2017 offerings of this course are available in the following BCIT online bookstores. Please choose the bookstore appropriate for the offering you are considering.

BCIT Burnaby Bookstore

If you are taking this course, but are not taking it through either Distance Education or Online Learning, nor at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Burnaby Bookstore.

Cost Accounting: A Managerial Emphasis, Seventh Canadian Edition Plus MyAccountingLab with Pearson eText -- Access Card Package (7th Edition)
Author Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan, Louis Beaubien, Chris Graham
Publisher Pearson Canada
Copyright 2016
Binding Hardback
ISBN 978-0-13392-915-7
Price $165.95
Required

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The personal information on this form is collected under the authority of the College and Institute Act (RSBC 1996, Ch.52). BCIT will use this information to communicate with you regarding relevant BCIT programs, courses and services. This information is only used by authorized BCIT staff. Email communication sent to and from BCIT is routed through the United States of America. If you have any questions about BCIT's collection and use of this information, please contact BCIT’s manager of Information Access and Privacy.

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