BA 302 – Analysis and Control of Costs
BA 302 – Analysis and Control of Costs; Weekly hours: 2+1, ECTS: 5
The course program aims to set clear guidelines for implementing an appropriate cost-benefit analysis. Students are taught about the significance of costs, types of costs, direct and indirect costs, division of costs in manufactured items. The course covers the following topics: Introduction to cost analysis and control, Managerial Accounting, Concepts of cost management and cost behavior, Cost-benefit systems, Value systems: ABM and Lean, Cost-benefit analysis, Evaluation and management of results, Analysis of standard costs and variations, Management and measurement of quality, Analysis of short-term decisions, Budgeting.