COST PRICE CALCULATION AND FINANCIAL MANAGEMENT
 
Lectured in 2nd year Woodworking
2de jaar Hout
Theory [A] 52.0
Exercises [B] 0.0
Training and projects [C] 0.0
Studytime [D] 130
Studypoints [E] 5
Language of instruction Dutch
Lecturer Kurt BUYSSE
Reference TGHOUT02A99180
 
Key words
Cost price calculation and financial management

Objectives
The objective is to introduce students in the main aspects of cost accounting and management accounting.
This knowledge allows the student /manager to estimate an calculate costs in a changing manufacturing environment.


Topics
Costs and proceeds: classifications
Value-added chain
Cost-accounting: cost-price; direct costing; full costing; overhead.
Management accounting: standard costing
Return on investment.


Prerequisites
No specific knowledge is required.

Final Objectives


Materials used
- other textbook(s)
- background information


Study costs
Appr. 30 €

Study guidance


Teaching Methods
- lectures
- case studies
- exercises
- individual reports
- individual presentations
- home study


Assessment
Max score: 100
1st term: 50
2nd term: 50
Written examination
2nd period examination is possible

Lecturer(s)
Kurt Buysse