• Semester 1 (Day)
• Semester 1 (External)

Pre-requisite: 51113

Synopsis

This unit comprises an extension of some topics studied in Management
Accounting  I,  as well as an expansion into other  areas.   Firstly,
product  costing is extended to include joint products, the issue  of
variable  costing, and mix variances.  Secondly, quantitative  models
such  as  PERT/Cost budgeting and linear programming are  introduced.
Finally,  the  unit  addresses impacts on  Management  Accounting  of
contemporary management philosophies, and questions the relevance  of
some aspects of traditional management accounting.