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Cost accounting and pricing (5 cr)

Code: AL00CJ19-3002

General information


21.11.2022 - 15.01.2023


18.01.2023 - 31.03.2023

Number of ECTS credits allocated

5 op

Virtual portion

5 op

Mode of delivery

Distance learning


Faculty of Business and Hospitality Management (LAB)



Teaching languages

  • English


20 - 50

Degree programmes

  • Complementary competence and optional courses, Bachelors


  • Marianne Viinikainen
  • Sirpa Varajärvi

Scheduling groups

  • Online lectures (Size: 0. Open UAS: 0.)
  • Itsenäinen (Size: 0. Open UAS: 0.)
  • Online exam (Size: 0. Open UAS: 0.)


  • LLTIEX23K1

Small groups

  • Online lectures
  • Independent study
  • Online exam

Learning outcomes

The student is able to
- classify cost and utilize cost accounting methods
- understand the benefits of different pricing methods and utilize cost data in pricing products and services
- provide cost and profitability analyses for management decision making

Implementation and methods of teaching

This is an online course. There will be 2-4 hour Zoom sessions on a weekly basis from week 3 to week 12. An online exam at the end (week 13). Zoom sessions include lectures, exercises and case assignments (individual and team work).

Timing and attendance

The course will run from January to March. Participation in the Zoom sessions is highly recommended - absence requires extra working on your own time.

Learning material and recommended literature

Material provided on the course Moodle site.

Exam retakes

Exam retake possibility on week 14.


Cost concepts and classification, traditional and ABC cost accounting methods, pricing

Assessment criteria

Evaluation is based on exam and assignments. The course is evaluated on a scale of 1 to 5. You can get a total of 100 points from the course. In order to receive an approved grade for a course, you must a) receive 45% of the total points, ie a minimum of 45/100 points, and b) must pass the course exam satisfactorily. The grade for the course is calculated as follows: returned assignments 40% and exam 60%. The course exam and grade are calculated according to the following scoring:

grade 5: 100,0-90,0 points
grade 4: 89,9-78,0 points
grade 3: 77,9-65,0 points
grade 2: 64,9-55,0 points
grade 1: 54,9-45,0 points

Assessment scale


Failed (0)

Rejected (fail) grade is given when the student has not achieved the learning objectives of the course. Student does not understand the essentials of Cost Accounting, is not able to show any learning outcomes in the exam and assignments.

Assessment criteria: level 1 (assessment scale 1–5)

Grade1. Student understands the essentials of Cost Accounting, is able to show some learning outcomes in the exam and assignments. Student is able to use some professional concepts consistently. Student needs support in completing the assignments.

Assessment criteria: level 3 (assessment scale 1–5)

Grade 3. Student has good knowledge about the basic concepts of Cost Accounting, is able to show good learning outcomes in the exam and assignments. Student uses professional concepts fluently and extensively. Student still requires a little support in doing the assignments.

Assessment criteria: level 5 (assessment scale 1–5)

Grade 5. Student has excellent knowledge and understanding of the basic concepts of Cost Accounting, is able to show excellent learning outcomes in the exam and assignments. Student can independently acquire new knowledge and use professional concepts expertly. Student performs the tasks independently.