About this Course

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Learner Career Outcomes

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Beginner Level

No prior experience needed to participate in and benefit from this course.

Approx. 13 hours to complete
English

What you will learn

  • Different types of costs and how they are represented graphically

  • Cost-volume-profit analyses to answer questions around breaking even and generating profit

  • How to calculate and allocate overhead rates within both traditional and activity-based cost allocation systems

  • How to distinguish costs and benefits that are relevant from those that are irrelevant for a given management decision

Learner Career Outcomes

33%

got a tangible career benefit from this course
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Flexible deadlines
Reset deadlines in accordance to your schedule.
Beginner Level

No prior experience needed to participate in and benefit from this course.

Approx. 13 hours to complete
English

Offered by

Placeholder

University of Virginia

Syllabus - What you will learn from this course

Content RatingThumbs Up96%(1,245 ratings)Info
Week
1

Week 1

3 hours to complete

MANAGERIAL ACCOUNTING AND COST BEHAVIOR

3 hours to complete
16 videos (Total 71 min), 2 readings, 3 quizzes
16 videos
What Is Managerial Accounting?1m
Three Sets of Books3m
Financial Versus Managerial Accounting2m
Different Costs for Different Purposes2m
Different Costs in More Detail7m
Cost Behavior3m
Using a Line to Represent Cost Behavior2m
Estimating Cost Functions Using Scatter Plots5m
Your Turn: Estimating Cost Functions Using Scatter Plots Problem 15m
Your Turn: Estimating Cost Functions Using Scatter Plots Problem 24m
Estimating Cost Functions Using the High-Low Method5m
Your Turn: Estimating Cost Functions Using the High-Low Method Problem 17m
Your Turn: Estimating Cost Functions Using the High Low Method Problem 25m
Important Caveats10m
JW Sports Supplies Case Introduction1m
2 readings
Course Overview10m
Welcome to Honors!10m
3 practice exercises
Week 1 Practice Quiz30m
Week 1 Graded Quiz30m
Week 1 Honors Graded Quiz30m
Week
2

Week 2

5 hours to complete

COST-VOLUME-PROFIT ANALYSIS

5 hours to complete
15 videos (Total 50 min)
15 videos
What Is CVP Analysis?2m
Functional Versus Contribution Margin Income Statements4m
Breakeven Analysis4m
Your Turn: Breakeven Analysis Company A2m
Your Turn: Breakeven Analysis Company B1m
Your Turn: Breakeven Analysis Company C2m
Your Turn: Breakeven Analysis Company D3m
Interested in Doing More than Breakeven?3m
Your Turn: Doing More than Breakeven Company A3m
Your Turn: Doing More than Breakeven Company B3m
Your Turn: Doing More than Breakeven Company C2m
Your Turn: Doing More than Breakeven Company D2m
CVP Analysis with Multiple Products5m
Your Turn: CVP Analysis with Multiple Products6m
4 practice exercises
Week 2 Practice Quiz30m
Week 2 Graded Quiz30m
Week 2 Honors Graded Quiz 130m
Week 2 Honors Graded Quiz 230m
Week
3

Week 3

3 hours to complete

COST ALLOCATION

3 hours to complete
14 videos (Total 75 min), 1 reading, 3 quizzes
14 videos
The Flow of Costs4m
The Flow of Costs in More Detail4m
Cost Systems5m
Allocating Overhead Costs5m
Designing Cost Allocation Systems2m
Your Turn: Allocating Overhead Costs Problem 15m
Your Turn: Allocating Overhead Costs Problem 24m
Traditional Cost Allocation Systems4m
Activity-Based Costing12m
Beyond Manufacturing Costs6m
Your Turn: Activity-Based Costing Problem 18m
Your Turn: Activity-Based Costing Problem 28m
To Use Activity-Based Costing or Not?53s
1 reading
JW Sports Supplies Case (Part B)10m
3 practice exercises
Week 3 Practice Quiz30m
Week 3 Graded Quiz30m
Week 3 Honors Graded Quiz30m
Week
4

Week 4

2 hours to complete

RELEVANT COSTS AND BENEFITS

2 hours to complete
14 videos (Total 64 min)
14 videos
Relevant Costs and Benefits3m
Important Terms2m
Relevant Costs in an Example4m
Your Turn: Relevant Costs and Benefits4m
Special Order Decision7m
Your Turn: Special Order Decision3m
Make or Buy Decision5m
Your Turn: Make or Buy Decision4m
Keep or Drop a Product Line Decision5m
Your Turn: Keep or Drop a Product Line Decision4m
Product Mix Decisions10m
Your Turn: Product Mix Decisions4m
Course Conclusion1m
2 practice exercises
Week 4 Practice Quiz30m
Week 4 Graded Quiz30m

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