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

$636.25 - $657.41 See individual course offerings below for actual costs.

Spring/Summer 2014

Below are two offerings of this course for the Spring/Summer 2014 term.

CRN 21046

Start any time

This is a distance education course. Start any time during the Spring/Summer 2014 term. You have 30 weeks from the date you register to complete this course.

Instructor

TBD

Course Outline

TBD

Cost

$636.25

Notes

  1. Correspondence format.
  2. Students may register at any time through the year and are given 30 weeks in which to complete this course. A textbook AND an assignment package are necessary to proceed and may be purchased at the BCIT Burnaby campus or online at www.bcitbookstore.ca/distance . Please ensure you have the MANDATORY prerequisite: FMGT 1100, FMGT 2100 and FMGT 3210.
  3. Important course information will be sent to you immediately after registering. Check your myBCIT email account to access this information.

CRN 21047

Start any time

This is a distance education course. Start any time during the Spring/Summer 2014 term. You have 24 weeks from the date you register to complete this course.

Instructor

TBD

Course Outline

TBD

Cost

$85.01

Notes

  1. Available for re-registration (course extension) only.
  2. Departmental approval needed
  3. This section is for CURRENT FMGT 4210 correspondene students who require additional time in which to complete the course. This is a one time option only. Please contact the department for approval. Call Ruth MacKay at 604-412-7417 or e-mail ruth_mackay@bcit.ca
  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, fax, mail or in person.

Registration Options

Fall 2014

Below are two offerings of this course for the Fall 2014 term.

CRN 32090

Wed Sep 10 - Wed Dec 03 13 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 10 - Dec 03 Wed 17:30 - 21:30 DTC Rm. 472

Instructor

William Koruz

Course Outline

Cost

$657.41

Notes

  1. Due to the high volume at the downtown bookstore during term start, students are advised to purchase their texbooks prior to the first class at either the downtown or Burnaby campus.

Four seats remaining as of Aug 22, 2014 4:47 am PDT. Seats remaining may change at any time prior to registration and payment.

CRN 30764

Thu Sep 11 - Thu Dec 04 13 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 11 - Dec 04 Thu 18:00 - 22:00 BBY SE6 Rm. 204

Instructor

William Koruz

Course Outline

Cost

$657.41

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.

Related Programs

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

School of Business

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

Spring/Summer 2014

No information on books is currently available for Spring/Summer 2014 offerings of this course.

Fall 2014

Books for Fall 2014 offerings of this course are available in the following BCIT online bookstores. Please choose the bookstore appropriate for the offering you are considering.

BCIT Downtown Campus Bookstore

If you are taking this course at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Downtown Campus Bookstore.

Cost Accounting: A Managerial Emphasis, Sixth Canadian Edition Plus NEW MyAccountingLab with Pearson eText -- Access Card Package (6th Edition)
Author Charles T. Horngren, Srikant M. Datar, George Foster, Madhav T. Rajan, Christopher D. Ittner, Maureen P. Gowing, Steve Janz
Publisher Pearson Education Canada
Copyright 2013
Binding Hardcover
ISBN 978-0-13338-940-1
Price $189.95
Required

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, Sixth Canadian Edition Plus NEW MyAccountingLab with Pearson eText -- Access Card Package (6th Edition)
Author Charles T. Horngren, Srikant M. Datar, George Foster, Madhav T. Rajan, Christopher D. Ittner, Maureen P. Gowing, Steve Janz
Publisher Pearson Education Canada
Copyright 2013
Binding Hardcover
ISBN 978-0-13338-940-1
Price $189.95
Required

Subscribe

Interested in being notified about future offerings of FMGT 4210 - Cost and Managerial Accounting 2? If so, fill out the information below and we'll notify you by email when courses for each new term are displayed here.

Contact Information

Suggest course days and times

If you are interested in taking this course on-campus (classroom delivery only) and would like to see it offered on specific days and/or at specific times, please indicate your preferences below. Day and time suggestions are not applicable to online courses.

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 Freedom of Information and Protection of Privacy.

Programs and courses are subject to change without notice.

Find Courses

Payment Changes At BCIT

We've changed the way we accept payments.

Find out more

Course Navigation, Related Links & Tools

Registration News

Registration is now open for the Fall 2014 term.

Classroom Locations

Classroom locations are subject to last minute changes. Please check the Part-time Studies Classroom Locations listing at www.bcit.ca/rooms on the first day of any course you are registered for.

Part-time Studies Financial Aid

Will you be studying at BCIT part-time? Do you need assistance funding your studies? Find out if you qualify for Part-time Studies financial aid ›

© BCIT