Course Learning Objectives
By the end of this section, you will be able to:
- Analyze product costs for planning and decision making.
Specific Learning Outcomes
- Identify relevant costs and apply them to managerial decisions.
- List the necessary criteria that make information relevant to a decision involving two or more alternative courses of action.
- Describe the nature of differential analysis and illustrate its application to decisions involving:
- Accepting business at a special price
- Discontinuing an unprofitable segment
- Making or buying
- Replacing a long term asset
- Processing or selling