Calumet College of St.
Joseph
SYLLABUS FOR COST
ACCOUNTING I
Term: Fall, 2000
(991) September 5 - December
16,2000
Course Number: ACC 330X
Instructor: Mr. George Grzesiowski,
M.B.A.
Office Phone: (219) 473-4283
E-mail: ggrzesiowski@ccsj.edu
Home Phone: (219) 362-1696 grzz@csinet.net
Office Hours: Monday 11:30AM - 7:00PM
Tuesday 10:30AM - 3:00PM
Wednesday 12:00PM - 5:00PM
Thursday 8:30AM - 11:30AM
Friday 10:30AM
- 7:00PM
Course Time: 6:30-9:30p
Friday
This course consists of a discussion of cost accounting
concepts and objectives, an in-depth study of cost accounting systems and
accumulation procedures and a search into the elements of material, labor and
factory overhead costs.
ACC 210-211
Textbooks:. Cost Accounting, Horngren, Foster, Datar; Prentice Hall 10th
ed., 2000.
Since
your learning is my primary concern, it is imperative that anything preventing
you from learning be discussed. Please
feel free to make an appointment with me or call me so that I can help you keep
on track.
Statement of Plagiarism:
If
an instructor or other Calumet College of St. Joseph personnel find that a
student has plagiarized or been involved in another form of academic
dishonesty, the instructor or other personnel may elect to bring the matter up
for judicial review. The maximum penalty for any form of academic dishonesty is
dismissal from the College. The procedures for judicial review are listed under
the section of CCSJ handbook that addresses student grievances.
Calumet
College of St. Joseph adheres to citation guidelines as written in the
Publication Manual of the American Psychological Association, Fourth Edition. A
copy is available from the Calumet College of St. Joseph bookstore. This text
outlines how to cite references from a variety of sources, including electronic
media.
Withdrawal from Classes
Policy:
After
the last day for class changes has passed (see College calendar), students may
withdraw from a course in which they are registered with permission from the
faculty member conducting the course. A written request detailing the reason(s)
for the withdrawal must be filed with the Registrar. Written request for
withdrawal must be received by the Registrar by the last day of classes prior
to the final examination dates specified in the catalogue. Written requests may
be mailed to the Registrar or faxed to the College fax number 219-473-4259.
Students are to make note of the refund schedule when withdrawing from courses.
The request is forwarded to the faculty member, who makes the final
determination to accept or deny the request. If the request is honored, the
student will receive notification of official withdrawal; if denied, the
notification will indicate why the withdrawal is disallowed. Note: Degree
Completion Division (DCD) students should consult the DCD Student Handbook for
information on DCD withdrawals.
An
official withdrawal is recorded as a "W" grade on the student's
transcript. Dropping a
course
without written permission automatically incurs an "F" grade for the
course (see
Refund
Schedule).
Class Policy on Attendance:
Attendance
in classes is an important priority.
Attendance will affect your participation grade. If you are not here, you are not
participating.
Class Policy For
Assignments:
Students are expected to have their homework completed on the day it is due. Due dates will be announced in class. Late homework will be assessed a penalty.
Student Responsibilities:
Students are expected to have read the chapter prior to the lecture.
It
is expected that all students will be present on test days. One test retake may be taken during the
semester (excluding the final). Missing
a test will result in a F with an automatic retake option.
Ask
questions!
Classroom
behavior – The student is expected to treat the instructor and his/her fellow
students with respect and courtesy at all times. This means giving your full attention – no private conversations,
no catching up on homework assignments, no naps.
Course Objectives:
Upon
completion of this course students will be able to:
1.
Explain
how cost accounting is used for decision making and performance evaluation in
organizations.
2.
Explain
the basic concept of cost.
3.
Explain
how costs are presented in financial statements.
4.
Understand
how materials, labor and overhead costs are added to a product at each stage of
the productive cycle.
5.
Explain
the basic cost flow model.
6.
Assign
costs in a job cost system.
7.
Account
for overhead using predetermined rates and Activity-Based costing.
8.
Understand
how cost-volume-profit are related and use CVP analysis as a planning and
decision making aid.
9.
Understand
the role of budgets in overall organization plans.
10.
Use
budgets for performance evaluation and develop and use flexible budgets.
11.
Compute
and use variable cost variances and fixed cost variances.
12.
Understand
inventory costing and capacity analysis.
13.
Use
cost information for managerial decision making.
Assessment:
Exams
(3 tests) 60%
of grade
Class
participation/collaboration/attendance
10% of grade
Homework 30%
of grade
100%
Grading Scale:
A:93-100 A-: 90-92 B+: 88-89 B:
82-87 B-: 80-81
C+: 78-79
C:
72-77 C-: 70-71 D+: 68-69 D:
62-67 D-: 60-61 F: 59 & below
Class Date Topic-Assignment
9/3 Introduction,
Chapter 1
9/10 Chapter
2, Introduction to Cost terms & Purposes
9/17 Chapter
3, Cost-Volume-Profit Analysis
9/24 Chapter
4, Job Costing
10/1 Review
Homework
EXAM
1 – Chapters 1 to 4
10/8 No
Class
10/15 Chapter
5, ABC Costing
10/22 Chapter
6, Master Budget/ResponsibilityAccounting
10/29 Chapter
7, Flexible Budgets
11/5 Review
Homework
EXAM 2 – Chapters 5 to 7
11/12 Chapter
8, Variances
11/19 Chapter
9, Inventory Costing
11/26 No
Class
12/3 Chapter
10, Cost Behavior
12/10 Exam
3, Chapters 6 to 10