Well….that’s kind of a loaded question, especially if the doggie happens to be distance education. In this module we explored course material development costs (which vary depending on the chosen media), direct and indirect costs and how to utilize a generic costing template. Then we did a deeper dive exploring and classifying costs (direct vs. indirect; operating and capital; fixed and variable – then the dreaded semi-variable!). As if that weren’t enough, then we learned how to depreciate costs – simple depreciation, social discount or annualization.
The next step was looking at total costs, average costs and marginal costs, which looped me back to the conversation about semi-variable costs. We put this module to bed with a look at several models that had fudge factors – Perraton’s costing cube, Daniel’s triangle – both of these kind of remind me of a girdle. If you squish it in here, it will pop out somewhere else! Choices and consequences!
What do I know for sure from this module? Many (many) years ago I met my future husband in Accounting I in college. That was the only (really, seriously the only) good thing to come out of that course. I decided that I’d rather eat a bug every day for the rest of my life than become an accountant. My husband did, and he’s had a marvelous career. I switched to health care, which has proven to be an extraordinarily well-founded decision (both to bail on accounting, and move to my chosen field).
These concepts appeal to the left side of my brain, but possibly caused a brain bleed as well.
PS – my husband was no help with this module. I may divorce him after all.
The next step was looking at total costs, average costs and marginal costs, which looped me back to the conversation about semi-variable costs. We put this module to bed with a look at several models that had fudge factors – Perraton’s costing cube, Daniel’s triangle – both of these kind of remind me of a girdle. If you squish it in here, it will pop out somewhere else! Choices and consequences!
What do I know for sure from this module? Many (many) years ago I met my future husband in Accounting I in college. That was the only (really, seriously the only) good thing to come out of that course. I decided that I’d rather eat a bug every day for the rest of my life than become an accountant. My husband did, and he’s had a marvelous career. I switched to health care, which has proven to be an extraordinarily well-founded decision (both to bail on accounting, and move to my chosen field).
These concepts appeal to the left side of my brain, but possibly caused a brain bleed as well.
PS – my husband was no help with this module. I may divorce him after all.
RSS Feed