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

Pre-requisite: It is highly recommended that you successfully complete unit 51113
Pre-requisite: before enrolling in this unit. If you have not, you may find it
Pre-requisite: difficult to successfully complete this unit.

Synopsis

This  unit comprises an extension of some topics studied in Management
Accounting  I,  as  well as an expansion into  other  areas.   Product
costing  is extended to include joint products, the issue of  variable
costing,  and  mix variances.  Quantitative models such  as  PERT/Cost
budgeting  and  linear  programming are  introduced.   The  unit  also
addresses  impacts on Management Accounting of contemporary management
philosophies  (such  as JIT, Quality, Performance Measurement,  etc.),
and   questions  the  relevance  of  various  aspects  of  traditional
management accounting.