Accounting (ACCT) 355

Cost Analysis (Revision 12)

ACCT 355

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Delivery Mode: Individualized study online (with eTextbook)

Credits: 3

Area of Study: Applied Studies
(Business and Administrative Studies)

Prerequisite: ACCT 250 or ACCT 253

Faculty: Faculty of Business

ACCT 355 has a Challenge for Credit option.

Télé-université du Québec equivalency: FIN 2005

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ACCT 355 will address the details of cost accumulation and product costing. It will also teach you how to measure and identify relevant costs for managerial decision making, planning, controlling, and measuring performance.


  • Lesson 1: Accounting, Business, and Competitiveness
  • Lesson 2: Product Costing: Job Order Costing
  • Lesson 3: Product Costing: Process Costing
  • Lesson 4: Activity-Based and Service Department Costing
  • Lesson 5: Cost-Volume-Profit (CVP) and Analysis of Cost Behaviour
  • Lesson 6: Incremental Analysis and Absorption versus Variable Costing: A Decision-Making Perspective
  • Lesson 7: Pricing, Transfer Pricing, and Inventory Decisions
  • Lesson 8: Master Budget and Responsibility Accounting
  • Lesson 9: Flexible Budgets, Variances, and Management Control
  • Lesson 10: Planning for Capital Investments


To receive credit for this course, you must write a final examination and pass it with a grade of at least 50%. In addition, you must achieve a minimum overall course grade of D (50 percent). Any quizzes or assignments not submitted will receive a grade of 0%.

The following chart describes the credit weight associated with each assessment activity:

Activity Credit weight When to complete
Quizzes (6 @ 2.5%) 15% of final grade After Lessons 2, 3, 5, 6, 7, 9
Assignment 1 10% of final grade After Lesson 4
Assignment 2 10% of final grade After Lesson 7
Assignment 3 10% of final grade After Lesson 10
Final Examination 55% of final grade End of course
Total 100% of final grade  

In response to COVID-19 containment directives, temporary online exam(s) are available for this course.

To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.

Note: Students planning to transfer this course to a Chartered Professional Accountant designation are advised that they will be required to achieve a grade higher than the minimum passing grade. See CPA Requirements for details.

Course Materials


Registration in this course includes an electronic textbook. For more information on electronic textbooks, please refer to our eText Initiative site.

Datar, S. M., Rajan, M. V., & Beaubien, L. (2019). Horngren's cost accounting: A Managerial emphasis (8th Can. Ed.). Pearson Canada, Inc. ISBN-10: 0134453735 • ISBN-13: 9780134453736

A print version of the eText may be available for purchase from the publisher through a direct-to-student link provided on the course website; you can also acquire the textbook on your own if you wish.

Other Materials

Students will access all other course materials online.

Challenge for Credit Overview

The Challenge for Credit process allows you to demonstrate that you have acquired a command of the general subject matter, knowledge, intellectual and/or other skills that would normally be found in a university-level course.

Full information about Challenge for Credit can be found in the Undergraduate Calendar.

Challenge Evaluation

To receive credit for the ACCT 355 challenge registration, you must achieve a grade of at least D (50 percent) on the examination.

Undergraduate Challenge for Credit Course Registration Form

Athabasca University reserves the right to amend course outlines occasionally and without notice. Courses offered by other delivery methods may vary from their individualized-study counterparts.

Opened in Revision 12, September 28, 2020.

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