Advanced Management Accounting
This module exposes the student to management accounting principles in relation to materials, labour, marginal and absorption costing systems and decision making . Once an understanding of the principles has been achieved, they will be applied in a variety of scenarios.
Apply the accounting treatment for materials, labour and overheads
Apportion and allocate costs to units of production in job, batch and service costing systems.
- Apply and evaluate the principles of marginal and absorption costing.
Apply the principles of relevant costing to decision making scenarios