Costing in Engineering and Production

Course content

• Overview of accounting systems and accounting
• Differentiation between cost accounting and accounting
• Cost elements, cost centers, cost units
• Investment calculation
• Typical cost rates in industrial practice
• Case studies with an automated, mechatronic production system in the learning lab: Simulating cost impacts due to different organizational processes and IT support

Learning outcomes

After completing the course, students can:

• Present the system of cost accounting and explain its structure
• Present the use of different types of costing in product development processes and assess the relative pros and cons of the approaches
• Use methods for determining product costs in the context of practical examples and derive applicable measures for cost reduction
• Identify and evaluate the influences of different process steps in production and their effects on product costs
• Use tools to estimate product costs and estimate typical cost rates in industrial practice

Recommended or required reading and other learning resources / tools

Literature:
Lecture notes; handouts; G. Friedl, C. Hofmann, Kostenrechnung: Eine entscheidungsorientierte Einführung; A. G. Coenenberg, T. M. Fischer, et al.: Kostenrechnung und Kostenanalyse; A. Schmidt: Kostenrechnung: Grundlagen der Vollkosten-, Deckungsbeitrags- und Plankostenrechnung sowie des Kostenmanagements; J. Klook, G. Sieben, T. Schildbach, C. Homburg: Kosten- und Leistungsrechnung; J. Horsch: Kostenrechnung; V. Drosse, U. Vossebein: Kostenrechnung; M. Dannhauser: Kostenrechnung und Produktionsplanung und -steuerung; A. Bronner: Angebots- und Projektkalkulation; E. Hering: Kalkulation für Ingenieure

Mode of delivery

Lectures and tutorials

Prerequisites and co-requisites

Basic knowledge in the field of industrial business administration

Assessment methods and criteria

Written and/or oral exams