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Principles of Costing

Principles of Costing

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This unit gives students a basic introduction to costing, introducing knowledge and skills which will be needed for Level 3 Management Accounting Techniques (MATS) and Level 4 Applied Management Accounting (AMAC).

Learning outcomes:

  1. Understand the cost recording system within an organisation
  2. Use cost recording techniques
  3. Provide information on actual and budgeted costs and income
  4. Use tools and techniques to support cost calculations
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