At the end of this course, the students; 1) Identify different classifications of cost terms and purposes and explain ethical standards for management accountants, 2) Analyze changes in operating income to evaluate strategy in terms of growth, price-recovery, and productivity components, 3) Apply the methodology of customer profitability analysis and be able to calculate the sales volume variance, the sales mix variance, the sales quantity variance, the market share variance and the market size variance. 4) Understand criteria to guide cost-allocation and be able to allocate support department cost using the direct method, the step-down method, and the reciprocal method, 5) Allocate joints costs using four methods and explain why joint costs are irrelevant in a sell-or-process further decision, 6) Explain the four cost categories in a costs-of-quality program and use three methods to identify quality problems.
MODE OF DELIVERY
Face to face
PRE-REQUISITES OF THE COURSE
Yes(MAN222)
RECOMMENDED OPTIONAL PROGRAMME COMPONENT
MAN426, MAN422, MAN430
COURSE DEFINITION
COURSE CONTENTS
WEEK
TOPICS
1st Week
Cost Terms, Concepts and Classification I
2nd Week
Cost Terms, Concepts and Classification II
3rd Week
Types and Classification of Costs I
4th Week
Types and Classification of Costs II
5th Week
Cost Allocation and Cost Assignment I
6th Week
Cost Allocation and Cost Assignment II
7th Week
Cost Allocation and Cost Assignment III
8th Week
Mid-term examination
9th Week
Cost Allocation and Cost Assignment IV
10th Week
Cost Allocation and Cost Assignment V
11th Week
Costing Methods I
12th Week
Costing Methods II
13th Week
Costing Methods III
14th Week
Bookkeeping in Cost Accounting
RECOMENDED OR REQUIRED READING
Kinney, Raiborn, Cost Accounting: Foundations and Evolutions, South-Western, 2011.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
Questions/Answers,Discussion,Lecture
ASSESSMENT METHODS AND CRITERIA
Quantity
Percentage(%)
Mid-term
1
40
Quiz
1
10
Total(%)
50
Contribution of In-term Studies to Overall Grade(%)
50
Contribution of Final Examination to Overall Grade(%)
50
Total(%)
100
ECTS WORKLOAD
Activities
Number
Hours
Workload
Midterm exam
1
2
2
Preparation for Quiz
Individual or group work
14
3
42
Preparation for Final exam
1
40
40
Course hours
14
3
42
Preparation for Midterm exam
1
30
30
Laboratory (including preparation)
Final exam
1
2
2
Homework
Total Workload
158
Total Workload / 30
5,26
ECTS Credits of the Course
5
LANGUAGE OF INSTRUCTION
Turkish
WORK PLACEMENT(S)
No
KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)
