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IME 239. Industrial Costs and Controls. 3 units

Term Typically Offered: F, W, SP

Prerequisite: IME 223.

Estimation of manufacturing costs for production planning, cost analysis, and cost control. Planning, budgeting, and control processes. Costs, accounting data and analysis of variances for managerial control, inventory valuation, and decision making. Techniques of pricing, cost estimating and cost reduction, and activity-based costing. 3 lectures.