Calumet College of St.
Joseph
SYLLABUS FOR COST
ACCOUNTING II
Term: Spring, 2002-2003 (022) January
6 - April 16, 2003
Course Number: ACC
331X
Instructor: Mr. George Grzesiowski
Assistant Professor, Accounting & Management
Office Phone: 219 473-4283
E-mail: ggrzesiowski@ccsj.edu
Home Phone: (219)362-1696
Home
E-mail: grzz@csinet.net
|
Day |
Times |
|
Monday |
10:30AM
– 4:30 PM |
|
Tuesday |
10:30
AM – 11:00 AM 3:30PM
– 7:00PM |
|
Wednesday |
By
appointment |
|
Thursday |
10:30AM
– 4:00PM |
|
Friday |
10:30
AM – 11:00AM 3:30PM
– 6:30PM |
Course Time: Wednesdays 9:00AM – 11:30 Room 205
Prerequisites: ACC330
Textbooks: Cost Accounting, Horngren, Foster, Datar; Prentice Hall, 11th ed., 2002.
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.
Class Policy on Attendance:
Attendance in class is an important priority. Accounting is a course that continues to build on the knowledge gained. It is not possible to understand and grasp the fundamentals being taught in later chapters unless the earlier chapters have been mastered. Missing classes will impede your progress.
Your
class participation grade will be affected by attendance. If you are not here, you are not
participating.
Class Policy For
Assignments:
Students are expected to have read the chapter prior to the lecture. Each chapter will be explained and discussed. Concepts will be illustrated by working selected demonstration problems in class. Selected problems will be assigned as homework.
Homework problems will be checked in class. I will check your working papers for completion. Late homework will be assessed a 50% late penalty.
Student Responsibilities:
Exams are take-home open-book and problem orientated.
All students no matter what their educational background, life/work experiences, have something to offer that will enrich our class. As instructors, we not only encourage participation, but also rely on it. As students, you should demand it, not only of yourselves, but also of your classmates. Our class is only as good as we make it.
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 full attention. No private conversations, no catching up on homework assignments, no naps. Such items can and will affect your participation grade.
Learning
Outcomes/ Competencies:
Students in this course will:
1.
Use
the five-step decision process to make decisions.
2.
Perform
the necessary steps in relevant-cost analysis.
3.
Discuss
the three major influences on pricing decisions.
4.
Price
products using target costing or the cost-plus approach.
5.
Use
life cycle product budgeting and costing when making pricing decisions.
6.
Understand
the aspect of re-engineering and present the four perspectives of the balanced
scorecard.
7.
Identify
and manage unused capacity.
8.
Outline
four purposes for allocating costs to cost objects.
9.
Guide
cost-allocation decisions using appropriate criteria.
10.
Distinguish
among direct, step down, and reciprocal methods of allocating support
department costs.
11.
Understand
the cost allocation methods for joint products and by-products.
12.
Perform
customer-profitability analysis.
13.
Describe
the five key steps in process costing.
14.
Prepare
journal entries for process costing systems.
15.
Account
for spoilage, rework and scrap.
16.
Identify
the major features of inventory management, JIT, and back-flush costing.
17.
Use
capital budgeting techniques for decision making.
Assessment:
Exams
(3 exams) 60% of grade
Class
participation/collaboration/attendance 10%
of grade
Homework
problems 30%
of grade
Grading Scale:
A:
92-100 A-: 90-91 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
Center
for Academic Excellence:
Tutoring
assistance is free to all students of Calumet College of St. Joseph. Call the
Center for Academic Excellence (CAE), to make an appointment at 473-4287. The
Center has experienced and well-trained tutors in most subject areas to help
students who are struggling in a course or who are doing well and would like to
do better. Regular weekly tutoring sessions are likely to improve your grade.
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. (Academic Planner 2001/2002 p.27)
Citation
Guidelines:
Calumet College
of St. Joseph adheres to citation guidelines as prescribed by the particular
discipline (i.e., MLA, APA, and Chicago Manual of Style or Turabian.). All of these guidelines are available in the
Calumet College of St. Joseph library or bookstore. These texts outline 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.
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).
Week Class Date Topic-Assignment
1 1/8 Introduction
Chapter 11 – Decision Making & Relevant
Information
2 1/15 Chapter 11 homework review
Chapter
12 Pricing Decisions & Cost Management
3 1/22 Chapter 12 homework review
Chapter 13
Strategy, Balanced Scorecard, & Strategic Profitability Analysis.
4 1/29 Chapter 13 homework review
Exam
1 – Chapters 11, 12, 13
5 2/5 Chapter 14 Cost Allocation
6 2/12 Chapter 14 homework review
Chapter
15 Allocation of Support Departments
7 2/19 Chapter 15 homework review
Chapter 16 Joint products & by-products
8 2/26 Chapter 16 homework review
Chapter
17 Process Costing
9 3/5 Chapter 17 Process costing review
Exam
2 – Chapters 14, 15, 16, 17
10 3/12 Chapter 18 – Spoilage, rework, scrap
11 3/19 Chapter 18 homework review
Chapter 20 Inventory management
12 3/26 Chapter 20 homework review Chapter
21 Capital Budgeting
13 4/2 Chapter 21 homework review
Chapter
23 Performance measurement
14 4/9 Chapter 23 homework review
Exam
3 – Chapters 18, 20, 21, 23
15 4/16 Exam 3 Due
Chapters
not covered: 19, 21, 22