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Terminated in academic year 2022/2023

Systems of Prices

Type of study Bachelor
Language of instruction Czech
Code 545-0293/03
Abbreviation SysC
Course title Systems of Prices
Credits 6
Coordinating department Department of Economics and Control Systems
Course coordinator Ing. Markéta Laštůvková, Ph.D.

Subject syllabus

1. Price, price function in market economics, Act of price.
2. Relationships among cost, price and accounting, costs accounting, managerial accounting, financial accounting.
3. Costs and expenditure, yield and income, different way and significance of cost classification.
4. Cost calculation of output: calculation, basic terms, basic term of calculations, calculation tables, costing methods and techniques
5. Costing techniques: division costing, overheads costing, time lump-sum costing, dynamics calculations, X diagram.
6. Non-absorbing costing, break-even point analysis.
7. Costing methods: costing by division, job-order costing, multistage costing, costing joint products.
8. Planning and budgeting: basic terms and relationships, short-time budgeting.
9. Budgeting of overhead cost, medium and long-time budgeting.
10. Method of standard costs.
11. Transfer prices.
12. Decision tasks.
13. Pricing decisions.
14. Controlling

E-learning

For communication beyond the framework of in-person training camps, the Moodle learning management system (lms.vsb.cz) is used, through which communication is enabled not only between the teacher and students, but also between students.

Literature

LUCEY, Terry. [i]Costing.[/i] Seventh edition. Cengage Learning EMEA, 2008. ISBN 1844809439 .

Advised literature

1. DRURY, Colin. [i]Management and Cost Accounting.[/i] Third Edition. Springer, 2013. ISBN 9781489968289 .