| ÖÇ1 | Understanding the differences between cost accounting and other branches of accounting. |
| ÖÇ2 | Learning the distinctions among the concepts of cost, expense, expenditure, and loss. |
| ÖÇ3 | Calculating the cost of finished goods (product cost). |
| ÖÇ4 | Understanding how to calculate general production (manufacturing overhead) costs and the importance of accurately allocating them to product costs. |
| ÖÇ5 | Comprehending the application of costing methods in businesses and their effects on total costs. |
| ÖÇ6 | Understanding the differences among various cost accounts. |