| 1 | Students learn the concepts of expense, cost, loss, and expenditure, and classify costs.Understands the characteristics and objectives of cost accounting.This provides insight into environmental costs. |
| 2 | Calculates the cost of sales. Distinguishes between the various components of the cost of production. |
| 3 | A distinction is made between direct and indirect costs for raw materials, and raw material valuation methods are applied using an example. |
| 4 | Increases their understanding of direct labor and general production costs. Performs cost allocation procedures. |
| 5 | It provides an understanding of how activity-based costing works. It calculates and analyzes the break-even point. |