COST PRICE CALCULATION AND FINANCIAL MANAGEMENT
 
Taught in 2nd year Woodworking
Theory [A] 52.0
Exercises [B] 0.0
Training and projects [C] 0.0
Studytime [D] 130.0
Studypoints [E] 5
Level  
Credit contract?
Examination contract?
Credit contract mandatory if Exam contract?
Retake possible? Not applicable: periodic evaluation
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