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

$729.84 - $736.98 See individual course offerings below for actual costs.

Winter 2019

Below are five offerings of this course for the Winter 2019 term.

CRN 11269

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 – see Learning Outcomes in the interim

Cost

$736.98

Notes

  1. Correspondence format.
  2. ***IMPORTANT PLEASE READ*** THIS COURSE MAY NOT BE AUDITED You must purchase both the textbook AND the assignment & information package (paper course materials) in order to proceed. This can be done in person at the BCIT Burnaby bookstore/annex or online at www.bcitbookstore.ca/distance/ Mandatory prerequisites: FMGT1100, FMGT2100 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 11270

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 – see Learning Outcomes in the interim

Cost

$90.76

Notes

  1. Available for re-registration (course extension) only.
  2. Departmental approval needed
  3. This section is for correspondence students ONLY that require an additional 24 week extension to complete their course. This is a one time option only. Contact ruth_mackay@bcit.ca for approval
  4. Important course information will be sent to you immediately after registering. Check your myBCIT email account to access this information.

CRN 10234

Tue Jan 08 - Tue Apr 02 13 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 08 - Apr 02 Tue 18:00 - 22:00 BBY

Instructor

TBD

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$736.98

This course offering has been cancelled. Please check this page for other currently available offerings or subscribe to receive email updates.

Cancelled

CRN 16439

Tue Jan 08 - Tue Apr 09 13 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 08 - Apr 09 Tue 18:00 - 22:00 BBY SW01 Rm. 2030

Instructor

Corey Carriveau

Course Outline

Cost

$736.98

Notes

  1. Class WILL NOT be held on Tuesday, January 15th

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

In Progress

CRN 86656

Thu Jan 10 - Thu Apr 11 13 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 10 - Apr 11 Thu 12:30 - 16:30 DTC Rm. 481

Instructor

Shiraz Charania

Course Outline

Cost

$729.84

Notes

  1. Class will not be held on February 21st.

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

In Progress

Spring/Summer 2019

Below are two offerings of this course for the Spring/Summer 2019 term.

CRN 22639

Mon Apr 01 - Mon Jul 08 13 Weeks

Class Meeting Times

Dates Days Times Locations
Apr 01 - Jul 08 Mon 18:00 - 22:00 BBY SE12 Rm. 313

Instructor

Corey Carriveau

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$736.98

Notes

  1. Class WILL NOT be held on May 20th and July 1st.

Four seats remaining as of Mar 26, 2019 3:25 pm PDT. Seats remaining may change at any time prior to registration and payment.

CRN 52598

Thu Jun 13 - Mon Jul 29 7 Weeks

Class Meeting Times

Dates Days Times Locations
Jun 13 - Jul 29 Mon/Thu 18:00 - 22:00 BBY SW01 Rm. 2009

Instructor

Randy Robinson

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$736.98

Notes

  1. Class WILL NOT be held on Monday, July 1st (Canada Day)

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.

Winter 2019

Books for Winter 2019 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.

Image not available
Cei Digital: Mylab Accounting W Etext For Horngren's Cost Accounting, 8Th Cdn Ed
Author Horngren
Publisher Ph
Copyright 2018
Binding Digital Version
ISBN 978-0-13467-205-2
Price $95.00
Choose One

Cost Accounting W Etext & Myacctglab, 8Th Cdn Ed
Author Horngren
Publisher Ph
Copyright 2018
Binding Kit/Set/Package
ISBN 978-0-13482-468-0
Price $179.95
Choose One

Spring/Summer 2019

Books for Spring/Summer 2019 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.

Image not available
Cei Digital: Mylab Accounting W Etext For Horngren's Cost Accounting, 8Th Cdn Ed
Author Horngren
Publisher Ph
Copyright 2018
Binding Digital Version
ISBN 978-0-13467-205-2
Price $95.00
Choose One

Cost Accounting W Etext & Myacctglab, 8Th Cdn Ed
Author Horngren
Publisher Ph
Copyright 2018
Binding Kit/Set/Package
ISBN 978-0-13482-468-0
Price $179.95
Choose One

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