• 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.
Thirdly,  the  unit  addresses  impacts on  Management  Accounting  of
contemporary  management philosophies, and questions the relevance  of
various aspects of traditional management accounting.