Year
Year 3
Semester
First Semester
Credit
3
Program Description
Cost analysis, budgeting, and financial decision-making for manufacturing operations.
Course overview
This course covers the financial principles essential for managing manufacturing operations. You will learn how to track costs, prepare budgets, and use financial data to make sound operational decisions. The focus is on practical tools that managers use daily to control spending and improve profitability.
Topics include standard costing, activity-based costing, overhead allocation, and variance analysis. You will also explore capital budgeting techniques to evaluate new equipment and process changes.
Who takes this course
This course is part of the Bachelor of Applied Technology — Advanced Manufacturing program.
Credits: 3 · Hours: 45
Prerequisites
None
Learning outcomes
- Calculate direct and indirect manufacturing costs using standard and activity-based costing methods.
- Prepare operational budgets and variance reports for production departments.
- Analyze financial data to support capital investment and process improvement decisions.
- Evaluate cost-volume-profit relationships for pricing and production planning.
Evaluation
| Component | Weight (%) |
| Midterm examination | 30 |
| Budgeting project | 30 |
| Final examination | 40 |