BUS316 Activity Based Costing (ABC); Management and Cost Accounting
Credits (ECTS):5
Course responsible:Øystein Dahl
Campus / Online:Taught campus Ås
Teaching language:Norsk
Course frequency:Annually
Nominal workload:125 hours.
Teaching and exam period:This course starts in the August block period. Teaching/evaluation in the August block period.
About this course
- Key concepts in traditional and strategic financial management
- Basics of calculations and calculation in financial management
- Historical development of various methods within financial management
- What is ABC, how and why, and for whom?
- Different philosophies for Activity Based Costing
- Organization of an ABC project, how to carry it out in practice
In-depth study of the main steps in an ABC analysis, including:
- Understanding of cost objects - customers, products, services, orders, projects
- Activity studies and activity analysis
- Resource analysis
- How to select relevant cost drivers for analysis
- Revision of estimated contribution margin and direct cost.
- Compilation of results
- How to use results from the analysis - financial business management with ABC
Learning outcome
After completion of the course, students will:
- know the principles and method of Activity Based Costing
- understand the principles of good and value-creating financial business management
- calculate real profitability, especially from customers and products
- be able to perform an ABC analysis
- Lectures at campus. 2 days with lectures - case work - 1 day work with cases and recap.
- General understanding and knowledge of accounting and management accounting, and business administration like BUS110 and BUS210
- The students should have basic knowledge of excel in order to create simple ABC-models.
- Final written exam, 3.5 hours, which counts 100%.
Written exam Grading: Letter grades - External examiner ensures the quality of the syllabus, exam assignments and principles for evaluation and answers.
The students must work with a case that will be presented on the final lecture day.
The case work will be done in groups and every student must participate in a case work in order to take the exam
- Teaching for three weeks. Full day two days beginning of course, case study, final full day,
- BUS316F - digital version
- The course is open for master students at NMBU and 3rd year bachelor students in Business Administration.