Faculty of Business and Economics

Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

FacultyFaculty of Business and Economics
OfferedGippsland First semester 2012 (Off-campus)
Gippsland Second semester 2012 (Off-campus)


Introduction to management accounting. Topics include: basic terms and concepts, classification and behaviour of costs, recording product cost transactions for manufacturing firms, joint and by-product spoilage and waste, apportioning joint costs for multiple products, activity-based costing and information for management decisions.


The learning goals associated with this unit are to:

  1. explain how costing systems and cost behaviour patterns provide information to support operational and strategic decisions.
  2. compare job, process and hybrid costing methods as alternative approaches to support management decisions.
  3. examine the differences between conventional and contemporary approaches to overhead allocation.
  4. Analyse short-run tactical decisions using appropriate costing techniques.
  5. develop capabilities to work effectively in a group; and/or demonstrate effective individual research skills to produce professional quality reports to solve organisational related problems; and/or deliver a professional quality presentation; and/or develop oral communication skills and demonstrate independent thinking through contributions to class discussions; and demonstrate in individual summative assessment tasks the acquisition of a comprehensive understanding of the topics covered by AFG2020.


Within semester assessment: 40%
Examination (3 hours): 60%

Chief examiner(s)

Mr Andrew West (Semester one)
Dr Abdel Halabi (Semester two)


Students must have passed AFW1002 or AFG1002 before undertaking this unit.


AFC2131, AFF2391, AFW2020