2cr This course covers managerial accounting and cost management practices that can be strategically applied across a business to improve organizational performance. The course emphasizes the methods available to measure and evaluate costs for decision-making and performance evaluation purposes. Specific topis include: variable and absorption costing; activity-based cost management; lean manufacturing and lean accounting; product life cycle costing and cost of ownership; inventory management; productivity measurement; the balanced scorecard. Prerequisite: ACC 2020