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Cost and Managerial Accounting 2 FMGT 4210

Financial Management Course

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)

Credits

5.5

Cost

$787.70 - $805.60 See individual course offerings below for actual costs.

Course offerings

Spring/Summer 2023

Below are two offerings of FMGT 4210 for the Spring/Summer 2023 term.

CRN 52598

Duration

Thu Jun 08 - Mon Jul 24 (7 weeks)

  • 7 weeks
  • CRN 52598
  • $787.70
Class meeting times
Dates Days Times Locations
Jun 08 - Jul 24 Mon, Thu 18:00 - 22:00 Burnaby SW01 Rm. 2020
Instructor

Randy Robinson

Course outline

View

Credits

5.5

Cost

$787.70

Important information
  1. Class WILL NOT be held on Monday, July 3rd (In lieu of Canada Day).
Status

CRN 68892

Duration

Thu May 04 - Thu Aug 03 (13 weeks)

  • 13 weeks
  • CRN 68892
  • $787.70
Class meeting times
Dates Days Times Locations
May 04 - Aug 03 Thu 18:00 - 22:00 Burnaby SE12 Rm. 309
Instructor

Jonathan Bell

Course outline

View

Credits

5.5

Cost

$787.70

Important information
  1. Class WILL NOT be held on Thursday, July 27th.
Status

In Progress

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

Fall 2023

Below is one offering of FMGT 4210 for the Fall 2023 term.

CRN 30764

Duration

Thu Sep 07 - Thu Nov 30 (13 weeks)

  • 13 weeks
  • CRN 30764
  • $805.60
Class meeting times
Dates Days Times Locations
Sep 07 - Nov 30 Thu 18:00 - 22:00 Burnaby SE06 Rm. 207
Instructor

Randy Robinson

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Cost

$805.60

Status

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

Cost and Managerial Accounting 2 (FMGT 4210) is offered as a part of the following programs:

School of Business + Media

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

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