COST /MANAGERIAL ACCOUNTING

ACCOUNTING 3395
SECTION TDWA
FALL, 2009

* ACCOUNTANCY DAY IS SEPTEMBER 3. ALL ACCOUNTING CLASSES

CANCELLED ON THIS DATE. YOUR ATTENDANCE IS REQUIRED *

Instructor: Lee Daniel

Office Hours: MWF 2:00 until 4:00 and TT 8:30 until 10:30
Office Location: 115 B McCartha
Office Telephone: 334-670-3158
334-670-3136 Departmental Secretary
334.670.3592 FAX
Email ldaniel@troy.edu

Course Prerequisites: Accounting 2292 (Must have made at least a “C”)

Time of Class: 10:00 until 10:50 MWF
Class Location: GAB 302
Course Description: Manufacturing and distribution cost accounting, material, labor
and overhead costs in job order and process cost accounting.
These courses must be taken in sequence.

Course Objective: On completion of the course, the student should be able to:
1. Calculate the unit cost of a product using absorption costing
and variable costing.
2. Explain how companies accumulate and report costs using job
order costing and process costing.
3. Explain how companies use activity-based costing to
calculate product cost more accurately to compete in the global economy.
4. Explain the importance of cost accounting information in
helping managers to carry out their functions of planning,
controlling, decision making, and evaluating performance.
5. Explain the importance of cost behavior in making tactical
business decisions.
6. Prepare a master budget.
7. Explain how the measurements of quality costs relates to total
quality management.
8. Explain the ethical principles that guide the conduct of
management accountants.

PURPOSE

To introduce knowledge of cost accounting concepts and practices from the viewpoint of
management. To show students the importance of cost accounting information for
business success in the global economy The course covers the principles conventions and
concepts underlying cost accounting to help managers carry out their functions of
planning, controlling, decision making, and evaluating performance. Various costing
techniques and applications are covered to sharpen students’ analytical skills.
BABA/BSBA Accounting major requirement.
TEXT
Kinney, Michael R. and Cecily A. Raiborn, Cost Accounting: Foundations and
Evolutions,7th Edition

SUPPLEMENTS
NONE

COURSE OUTLINE

Chapter 1 Introduction to Cost Accounting

Chapter 2 Cost Terminology and Cost Behaviors
Chapter 17 pp.645-650 Quality Costs
Chapter 3 Predetermined Overhead Rates, Flexible Budgets
and Absorption/Variable Costing
Chapter 4 Activity- Based Management and Activity Based Costing
Chapter 5 Job Order Costing
Chapter 6 Process Costing
Chapter 7 Standard Costing and Variance Analysis
Chapter 8 The Master Budget
Chapter 9 Break-Even Point and Cost-Volume –Profit Analysis
Chapter 15 Capital Budgeting

GRADING

Mid Term Exam 100 points

Quizzes (in total) 100 points
COMPREHENSIVE Final Exam 150 points
Total Points 350 points

Total Points Grade in Course

350.315 A
314.280 B
279.245 C
244.210 D
Less than 210 F

QUIZZES

There will be many, many short quizzes (10 – 15 minutes) given during the
course. These quizzes will not be announced in advance. If you miss a quiz,
regardless of the reason, the grade you make on the final exam will be the grade
for the quiz that was missed. There is no such thing as a make up quiz
 DATES TO REMEMBER

First day of class August 12

Deadline for adding a course August 17
*ACCOUNTANCY DAY * SEPTEMBER 3
Holiday (Labor Day) September 7
Holiday (Veteran’s Day) November 11
Fall Break November 23&24
Holiday (Thanksgiving) November 25 - 29
Classes end December 1
Dead Day December 2
Last day to Drop December 3
FINAL EXAM December 7 @2:00

* All accounting classes are cancelled on this date.

Attendance is required *

CLASSROOM ADMINISTRATION
1. Please get to class on time. People who come in late disturb everyone in the class.
2. PLAIN ‘OL CALCULATORS ARE THE ONLY MECHANICAL DEVICES
ALLOWED ON EXAMS. TRANSLATING DEVICES (ELECTRONIC
DICTIONARIES) ARE NOT ALLOWED. CELL PHONES ARE NOT ALLOWED
3. If you drop this class, you will receive a grade of “DP” regardless of what your
grade is at the time. A grade of “DP” will not affect your grade point average.
4. If you are a business major, you must make at least a “C” in the course or it will
have to be repeated.
5. The classroom is not a lunchroom. Please do not plan on having lunch (or breakfast) in
here because the noise disturbs other people. If you just have to bring a beverage in here,
please make sure it is in either a can or a bottle. Drinks that are in a cup full of ice
make a lot of noise, so please don’t bring either cups of ice or food to class.

**You are not required to take the mid term exam or any of the quizzes. They are
optional. If you do not take a quiz or the mid term, (regardless of the reason) the
grade you make on the final exam will be your grade for the exam/quiz you missed
If you choose to take a quiz or the mid term and do poorly, don’t ask if
we can “forget” about that grade and let the final count extra. The answer to that
question is NO. **

7. THERE IS NO SUCH THING AS A MAKE UP QUIZ OR A MAKE UP

EXAM REGARDLESS OF THE REASON THE EXAM/QUIZ WAS
 MISSED.

8. THERE IS NO SUCH THING AS EXTRA CREDIT IN THIS COURSE.

ADDITIONAL SERVICES

AMERICANS WITH DISABILITIES ACT

Troy University supports Section 504 of the Rehabilitation Act of 1973 and the
Americans with Disabilities Act of 1990, which insure that postsecondary students with
disabilities have equal access to all academic programs, physical access to all buildings,
facilities and events, and are not discriminated against on the basis of disability. Eligible
students, with appropriate documentation, will be provided equal opportunity to
demonstrate their academic skills and potential through the provision of academic
adaptations and reasonable accommodations. Further information, including appropriate
contact information, can be found at the link for Troy University’s Office of Human
Resources at http://www.troy.edu/humanresources/ADAPolicy2003.htm

CELL PHONE AND OTHER ELECTRONIC DEVICE

Use of any electronic devise by students in the instructional environment is prohibited
unless explicitly approved on a case-by-case basis by the instructor of record or by the
Office of Disability Services in collaboration with the instructor. Cellular phones, pagers,
and other communication devices may be used for emergencies, however, but sending or
receiving non-emergency messages is forbidden by the University. Particularly, use of a
communication device to violate the Troy University “Standards of Conduct” will result
in appropriate disciplinary action (See the Oracle.)

In order to receive emergency messages from the University or family members, the call
receipt indicator on devices must be in the vibration mode or other unobtrusive mode of
indication. Students receiving calls that they believe to be emergency calls must answer
quietly without disturbing the teaching environment. If the call is an emergency, they
must move unobtrusively and quietly from the instructional area and notify the instructor
as soon as reasonably possible. Students who are expecting an emergency call should
inform the instructor before the start of the instructional period.

ATTENDANCE POLICY
Attendance will be taken at each class meeting, but will not count any part of the course
grade.

INCOMPLETE WORK POLICY

The only time this policy is needed is if you don’t show up for the final exam. If you
don’t take the final exam, regardless of the reason, you will receive an “F” in the course
rather than an Incomplete. However, when you do take the final exam, the “F” will be
changed to whatever grade you made.
NOTE: If you do not take the final exam, regardless of the reason, you will be given a
make-up exam that is considerably more difficult than the original final. If you know in
advance that you will have to miss the final exam, you may, if you wish take it early.
 CHEATING POLICY
The cheating policy is very simple. If you are caught cheating, you FLUNK THE
ENTIRE COURSE. There is no such thing as a second chance. Cheating is cheating,
whether it is “just a quiz”, the final exam, or anything in between.

OTHER INFORMATION
Over the years, many students have done poorly in this course because they didn’t read
the syllabus and therefore didn’t know the rules. For example, some students didn’t
know that the final exam was comprehensive. Other students didn’t know that they were
allowed to use calculators on the quizzes and exams. In an attempt to motivate you to
read this syllabus, all of the exams will contain at least one question from this syllabus.

MAKE UP WORK
Good excuse, bad excuse, or no excuse at all, THERE IS NO SUCH THING AS A
MAKE UP. If you don’t take a quiz or the mid term exam, regardless of the reason, the
grade you make on the final exam will be your grade for the exam/quiz that was missed.

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business education students in their quest to succeed in a dynamic and global economy.
Sorrell College of Business will create the model for 21st century business education and
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School of Accountancy Mission Statement: The mission of the School of Accountancy

is to advance the accounting profession by providing quality accounting education to both
undergraduate and graduate students, publishing quality research and providing service to
the professional community. We prepare students for successful careers with increasing
professional and managerial responsibility in public accounting as well as government
and industry and prepare undergraduate students for admission to graduate programs in
accounting and business.