Prerequisite: BUS 102. Focused on the managerial aspects of cost accounting with emphasis on planning and control. Includes contemporary cost terminology, cost-volume-profit analysis, cost behavior patterns, responsibility accounting, absorption and variable costing, activity-based costing, job and process costing, budgeting, standard costing, variance analyses, accounting for joint products, by-products, spoilage, waste, defective units, and scrap. Students planning to transfer should contact their intended transfer institution regarding course credit transferability. Course is accepted for CPA certification credit in New York State. Three lecture hours weekly.