          Description of Individual Course Units
 Course Unit Code Course Unit Title Type of Course Unit Year of Study Semester Number of ECTS Credits MAN402 COST AND MANAGEMENT ACCOUNTING Elective 4 8 5
Level of Course Unit
First Cycle
Objectives of the Course
To learn cost elements, basic cost calculation methods in industrial enterprises and use of cost data in management decisions
Name of Lecturer(s)
Learning Outcomes
 1 Distinguish Operating and Production Costs 2 Distribution of Costs to Cost Centers 3 Calculates Total and Unit Finished Product Costs 4 Calculates the relationship between cost and function of products 5 Uses various cost data in business decisions
Mode of Delivery
Face to Face
Prerequisites and co-requisities
Recommended Optional Programme Components
Course Contents
Study of production cost calculations • Cost, cost elements, expense location concepts • Distribution of general production costs according to graded distribution, mathematical distribution and cross-distribution method (II distribution) • Methods for creating cost functions according to production volume cost relation • Use of costs in management decisions
Weekly Detailed Course Contents
 Week Theoretical Practice Laboratory 1 Study of production cost accounts (monitoring of production cost in accounting accounts in production enterprises 2 Cost, cost elements, cost center concepts, cost of sales table 3 90/5000 Calculation of direct raw material and material costs (according to inventory valuation methods 4 Calculation of direct labor costs, General production costs 5 I. Distribution of Costs to Cost Centers, Distribution of General Production Costs by Simple Distribution Method (II Distribution) 6 Distribution of general production costs according to graded distribution, mathematical distribution and cross-distribution method (II distribution) 7 Distribution of general production costs (III distribution, GPU loading rates) 8 midterm exam 9 Cost calculation systems according to production structure: Phase cost system (based on weighted average cost method) 10 Stage Cost System (according to FIFO method), Order Cost System 11 Standard cost system and cost differences and analysis 12 Methods for creating cost functions according to production volume cost relationship 13 Exact, variable, normal costing methods. 14 Production volume - cost - profit relationship, multiple break-even, security margin, security ratio, critical point, indifference point 15 Use of costs in management decisions 16 Final exam
All printed publications on cost accounting and management accounting and all relevant electronic resources.
Planned Learning Activities and Teaching Methods
Assessment Methods and Criteria
 Term (or Year) Learning Activities Quantity Weight SUM 0 End Of Term (or Year) Learning Activities Quantity Weight SUM 0 SUM 0
Language of Instruction
Work Placement(s) 