- International Fees
International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Course Overview
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)
- 50% in FMGT 3210
Credits
5.0 - 5.5See individual course offerings below for details.
Domestic fees
$834.51 - $851.32 See individual course offerings below for actual costs.
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:
- Indicates programs accepting international students.
School of Business + Media
- Accounting
Diploma Full-time
- Accounting
Diploma Part-time
- Finance
Diploma Full-time
- Finance
Diploma Part-time
- Financial Management (Finance Option)
Certificate Part-time
- Financial Management (Professional Accounting Option)
Certificate Part-time
Course Offerings
Spring/Summer 2025
Below are two offerings of FMGT 4210 for the Spring/Summer 2025 term.
CRN 68892
Dates
Jun 04 - Jul 16 Loading
- CRN 68892
- $834.51 Domestic fees
Class meeting times
Duration
7 weeks
Instructor
Randy Robinson
Course outline
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- The following dates will be HELD IN-CLASS at the Burnaby Campus and are MANDATORY. Mid-Term: Wednesday, June 25, 2025 (18:00 - 22:00) Final: Wednesday, July 16th (18:00 - 22:00). This is not a self-paced course. You will be expected to be available and online on the posted days and times shown on your registration schedule. It is important you have a stable and consistent internet connection to access course content. Attendance for the in-person exams/classes is MANDATORY. Course content, type and quality of assignments, and general standards for this online course are the same as classroom courses. To be successful in this online course, plan to spend 7-10 hours per week on your studies, or more of it’s a condensed course, starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date.
Status
CRN 52598
Dates
Jun 09 - Jul 21 Loading
- CRN 52598
- $834.51 Domestic fees
Class meeting times
Duration
7 weeks
Instructor
Randy Robinson
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Status
Fall 2025
Below are two offerings of FMGT 4210 for the Fall 2025 term.
CRN 32090
Dates
Sep 08 - Dec 08 Loading
- CRN 32090
- $836.66 Domestic fees
Class meeting times
Duration
13 weeks
Instructor
Susan Stuart
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- Class WILL NOT be held on Monday, September 1st (Labor Day), and Monday, October 13th (Thanksgiving). Class will be held Synchronously Online on both September 11, 2025, and September 18, 2025 (Thursday from 17:30 – 21:30). The following dates will be HELD IN-CLASS at the Downtown Campus and are MANDATORY: Midterm: Monday, October 6, 2025 (17:30 - 21:30), Midterm Debrief: Monday, October 20, 2025 (17:30 – 21:30) and Final Exam: Monday, December 8, 2025 (17:30 - 21:30). This is not a self-paced course. You will be expected to be available and online on the posted days and times shown on your registration schedule. It is important you have a stable and consistent internet connection to access course content. The in-person dates/classes are required for students to attend and have MANDATORY ATTENDANCE. Course content, type and quality of assignments, and general standards for this online course are the same as classroom courses. To be successful in this online course, plan to spend 7-10 hours per week on your studies, or more of it’s a condensed course, starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date.
Status
CRN 30764
Dates
Sep 04 - Dec 11 Loading
- CRN 30764
- $851.32 Domestic fees
Class meeting times
Dates | Days | Times | Locations |
---|---|---|---|
Sep 04 - Dec 11 | Thu | 18:00 - 22:00 | Burnaby SW01 Rm. 3150 |
Duration
15 weeks
Instructor
Randy Robinson
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Status
Programs and courses are subject to change without notice.