Faculty of Technical Sciences

Subject: Calculation of costs and prices of products and services (17.IM2117)

Native organizations units: Department of Industrial Engineering and Engineering Management, Chair of Production Systems, Organization and Management
General information:
 
Category Professional-applicative
Scientific or art field
  • Menadžment i investicije u inženjerstvu
  • Proizvodni i uslužni sistemi, organizacija i menadžment
ECTS 4

The most important goal of the course is to enable student as future engineer, to combine optimally technical and economic categories in their work. Students become familiar with models for costs calculating and monitoring as well as calculating the prices of goods and services in order to be able to apply technical and economic parameters of the process of production of goods and services for the market.

Student who has attended the course and passed the exam is able to use independently and creatively the accounting information system of a company in order to identify costs by types and assign them to the cost objects, as well as to calculate price of the product and service as an engineer who takes a leading position.

The business and accounting information as a support of management process; Calculation of costs and outputs as an important element of information system in a company; Cost-benefit analysis ; Cost dependence on technique and technology; Costs, prices and income - cost dependence on outputs, cost component of pricing; Cost accounting; Traditional and modern cost concepts; Cost calculation; Sales price calculation; Budgeting. Internal company documents regarding methods of calculation; Information needed for setting price - pricing methods.

Lecturers use audiovisual equipment. Case studies and specific examples from the companies. Teaching assistant works with the groups of students and train them to analyze different strategies of cost management.

Authors Title Year Publisher Language
Drury, C. Management and Cost Accounting 2018 Cengage Learning English
Shim, J. Siegel, J. Modern Cost Management and Analysis 2000 Barrons Bussiness Library English
Seal, W., Garrison, R., Noreen, E. Management Accounting 2006 McGraw Hill English
Course activity Pre-examination Obligations Number of points
Lecture attendance Yes Yes 5.00
Written part of the exam - tasks and theory No Yes 70.00
Term paper Yes Yes 20.00
Exercise attendance Yes Yes 5.00
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Prof. Demko-Rihter Jelena

Full Professor

Lectures
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Professional Studies Professor Conić Nevena

Intern Researcher

Practical classes
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Prof. Demko-Rihter Jelena

Full Professor

Practical classes

Faculty of Technical Sciences

© 2024. Faculty of Technical Sciences.

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© 2024. Faculty of Technical Sciences.