SYLLABUS FOR COST
ACCOUNTING II
Term: Spring, 2005 (052) January 9 -
April 22 2006
Course Number: ACC
331X
Instructor: Mr. George Grzesiowski MBA/CPA
Assistant Professor, Accounting &
Management
Program Director, Business Programs
Office Phone: 219 473-4283
E-mail:
Home Phone: (219)362-1696
Cell: (219)
716-5002
Home E-mail:
Day |
Times |
|
Monday |
8:00 – 10:30 AM 12:00 – 1:50 PM 3:30 – 4:40 PM |
|
Tuesday |
7:50 – 8:50 AM |
|
Wednesday |
12:30 – 4:00 PM (meetings) |
|
Thursday |
8:00 – 10:30 AM 12:00 – 1:50 PM 3:30 – 4:40 PM |
|
Friday |
7:50 – 8:50 AM |
Course Time: Monday/Thursday 10:30 – 12:00 PM
Prerequisites: ACC330
Textbooks: Cost Accounting, Horngren, Datar,
Foster; Pearson/Prentice
Hall, 12th ed., 2006.
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. Perform the necessary steps
in relevant-cost analysis.
2. Discuss the three major
influences on pricing decisions.
3. Price products using target
costing or the cost-plus approach.
4. Use life cycle product
budgeting and costing when making pricing decisions.
5. Understand the aspect of
re-engineering and present the four perspectives of the balanced scorecard.
6. Identify and manage unused
capacity.
7. Outline four purposes for
allocating costs to cost objects.
8. Guide cost-allocation
decisions using appropriate criteria.
9. Distinguish among direct,
step down, and reciprocal methods of allocating support department costs.
10. Understand the cost
allocation methods for joint products and by-products.
11. Perform
customer-profitability analysis.
12. Describe the five key steps
in process costing.
13. Prepare journal entries for
process costing systems.
14. Account for spoilage, rework
and scrap.
15. Identify the major features
of inventory management, JIT, and back-flush costing.
16. 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
100%
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 1/9-12 Introduction
Chapter 12 Pricing Decisions
& Cost Management
2 1/16-19 Chapter 12 homework
review
Chapter 13 Strategy, Balanced Scorecard, &
Strategic Profitability Analysis.
3 1/23-26 Chapter 13 homework
review
Chapter 14 Cost Allocation
4 1/30-2/2 Chapter 14 homework review
Chapter
15 Allocation of Support Departments
5 2/6-2/9 Chapter 15 homework review
Exam
1 – Chapters 12, 13, 14, 15
6 2/13-16 Exam 1 Due
Chapter
16 Joint products & by-products
7 2/20-23 Chapter 16 homework
review
Chapter 17 Process Costing
8 2/27-3/2 Chapter 17 homework review
Chapter
18 – Spoilage, rework, scrap
9 3/6-3/9 Chapter 18 homework review
Chapter
19* Quality
10 3/13-16 Chapter
19 homework review
Exam
2 – Chapters 16, 17, 18, 19
11 3/20-23 Exam 2 due
Chapter 20 Inventory
management
12 3/27-30 Chapter 20 homework review Chapter 21
Capital Budgeting
13 4/3-6 Chapter
21 homework review
Chapter
22 Management Control
14 4/10-13 Chapter
22 homework review
Chapter
23 Performance Measurement
Exam
3 – Chapters 20,
21, 22, 23
4/13 Easter
Break
15 4/20 Exam
3 Due