Measured Learning Outcomes -- Ability to:
- Compute under/over applied overhead cost and close balance in manufacturing overhead.
- Compute equivalent units of production.
- Prepare income statements using both variable and absorption costing.
- Use activity-based costing to compute product and customer margins..
- Prepare a budgeted income statement.
- Illustrate budgets and cost control techniques.
- Illustrate methods of measuring performance.
- Illustrate financial statement analysis.