AFF2391 - Cost information for decision making

Leader: Dr Carly Moulang

Offered

Caulfield First semester 2007 (Day)
Caulfield First semester 2007 (Evening)
Caulfield Second semester 2007 (Day)

Synopsis

Cost system design; job and process costing; cost allocation and joint costs; ABC; cost management; inventory management, JIT, and backflush costing.

Objectives

The learning objectives of this unit are to:

• describe cost behaviour under different assumptions;
• compare systems designed to provide relevant and timely information to managers for resource management and allocation decisions;
• apply conventional and contemporary cost management techniques used in manufacturing and service industries;
• explain the benefits and limitations of contemporary cost management techniques;
• apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with cost information for decision making.

Assessment

Tutorial: 10%
Case study: 20%
Mid-term test 20%
Examination (3 hours): 50%

Contact hours

3 hours per week

Prerequisites

AFF1121