ACC215 Cost Accounting
Mercer County Community College
A study of the accounting practices used for and the control of material, labor, and overhead costs. Job-
order, process cost and standard cost systems will be studied. Manufacturing and service firms will be
A. Describe the cost concepts, cost behaviors, and cost accounting techniques that are applied to
manufacturing and service businesses.
B. Apply cost concepts and cost behaviors in the solving of management decision.
C. Determine the costs of products and services.
D. Analyze the profitability of a product or service.
E. Discuss the various techniques available to measure managerial performance and to motivate
employees toward organizational goals.
General Education Knowledge Goals:
Goal 1: Communications. Students will communicate effectively in both speech and writing.
Goal 2: Mathematics. Students will use appropriate mathematical and statistical concepts and operations
to interpret data and to solve problems.
Goal 9: Ethical Reasoning and Action. Students will understand ethical issues and situations.
MCCC: Core Skills:
Goal A: Written and Oral Communications in English. Students will communicate effectively in speech
and writing, and demonstrate proficiency in reading.
Goal B: Critical Thinking and Problem-solving. Students will use critical thinking and problem solving skills
in analyzing information.
Goal C: Ethical Decision-making. Students will recognize, analyze and assess ethical issues and
Goal F: Collaboration and Cooperation. Students will develop the interpersonal skills required for effective
performance in group situations.
Units of Study in Detail
Describe the characteristics and elements of cost accounting
a. Define the users of accounting data.(Course Competencies A; General Education Goal 1;
MCCC Core A)