Module: This module is not running in 2020/2021

Module details

  • Module code

  • Module leader

    Ayodeji Owoeye
  • Module Level

  • Module credits

  • Min study time

    150 hours
  • Contact hrs

    30 hours

Module content

  • Uses of managerial accounting and its objectives.
  • Cost behaviour and categorisation. Cost-volume-profit relationships.
  • Traditional product costing vs. activity-based product costing.
  • Relevant information and decision-making.
  • Preparing the master budget.
  • Flexible budgets and variance analysis.
  • Job-costing of products and services.

Module outcomes

To achieve credit for this module, students must be able to:

  1. Analyse costs and prepare Profit and Loss statements using contribution margin format and activity-based costing.
  2. Distinguish between relevant and irrelevant information in making managerial decisions.
  3. Understand the budget process and prepare a master budget, flexible budget, and perform variance analysis within a managerial accounting system.
  4. Determine product and service costs using both job costing and process costing.


Assessment Description Weighting
Coursework 3000 word report and 10-15 minute presentation of findings 100%

Assessments may differ in 2021/22 due to adjustments for Covid-19. Please check Gateway for the latest regulations.