Submit 1 page and discuss 3 key takeaways that you learned from Cost Accounting course.

Concepts covered in this course include:

· Apply cost-accounting concepts to analyze business and financial data

• Effectively use technology to prepare concise financial deliverables

• Effectively communicate key financial information to financial and non-financial stakeholders

• Evaluate business and financial data to make profit-maximizing decisions while considering corporate social responsibility

• Analyze, and evaluate the cost and value added of each organizational unit's impact on the end product

· Work-in-process

· Alternative inventory valuation methods

· Fixed manufacturing overhead

· Cost variances for variable and fixed overhead

· The role of cost in setting prices

· Cost volume profit (CVP) analysis for nonprofits and work through various scenarios involving differential analysis.

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