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Cost and Managerial Accounting 2 FMGT 4210

Financial Management Course

International Fees

International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.

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

Domestic fees

$817.60 - $834.51 See individual course offerings below for actual costs.

Course offerings

Spring/Summer 2024

Below are two offerings of FMGT 4210 for the Spring/Summer 2024 term.

CRN 52598

Duration

Thu Jun 13 - Mon Jul 29 (7 weeks)

  • 7 weeks
  • CRN 52598
  • Domestic fees $817.60
    International fees are typically 3.12 times the domestic tuition.
Class meeting times
Dates Days Times Locations
Jun 13 - Jul 29 Mon, Thu 18:00 - 22:00 Burnaby SW01 Rm. 2020
Instructor

Randy Robinson

Course outline

View

Credits

5.5

Domestic fees

$817.60

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
  3. Class WILL NOT be held on Monday, July 1st (Canada Day).
Status

CRN 22639

Duration

Tue Apr 09 - Tue Jul 02 (13 weeks)

  • 13 weeks
  • CRN 22639
  • Domestic fees $817.60
    International fees are typically 3.12 times the domestic tuition.
Class meeting times
Dates Days Times Locations
Apr 09 - May 14 Tue 18:00 - 22:00 Online
May 21 - May 28 Tue 18:00 - 22:00 Burnaby SW01 Rm. 3170
Jun 04 - Jun 25 Tue 18:00 - 22:00 Online
Jul 02 Tue 18:00 - 22:00 Burnaby SW01 Rm. 3170
Instructor

Randy Robinson

Course outline

View

Credits

5.5

Domestic fees

$817.60

Important information
  1. International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
  2. The following dates will be HELD IN-CLASS at the Burnaby Campus. Mid-Term: Tuesday, May 21st (18:00 - 22:00) Mid-Term De-Brief: Tuesday, May 28th (18:00 - 22:00) Final: Tuesday, July 2nd (18:00 - 22:00). Important Information. 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. 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

In Progress

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

Fall 2024

Below is one offering of FMGT 4210 for the Fall 2024 term.

CRN 32090

Duration

Tue Sep 10 - Tue Dec 03 (13 weeks)

  • 13 weeks
  • CRN 32090
  • Domestic fees $834.51
    International fees are typically 3.12 times the domestic tuition.
Class meeting times
Dates Days Times Locations
Sep 10 - Dec 03 Tue 18:00 - 22:00 Burnaby SE06 Rm. 114
Instructor

Yasmin Alami

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Domestic fees

$834.51

Important information
  1. International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
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:

  • Indicates programs accepting international students.
  • Indicates programs with a co-op option.

School of Business + Media

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

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