Course Learning Objectives

By the end of this section, you will be able to:

• Apply variance analysis and performance evaluation.
• Explain and apply decentralization, responsibility accounting, and balanced scorecard concepts.

Specific Learning Outcomes

• Identify different cost centers.
• Prepare a responsibility report for a cost center.
• Allocate indirect expenses to departments.
• Apply service costing and allocate service department costs to other departments.
• Prepare departmental contribution margin income statements.