Students will examine managerial accounting concepts and theories which assist managers in planning, directing, and controlling activities in service, merchandising, and manufacturing entities. Students will apply product costing methods (e.g., job-order costing and process costing), calculate and interpret variances, apply cost-volume-profit strategies to short-term decision making, and prepare operating budgets and performance evaluation reports. Prerequisite(s): BUS 101 with a grade of C or higherCredits: 3