Syllabus Entrance
Printer Friendly
Email Syllabus

AC 315 Cost Accounting
Emanuel, Antonio R.


Mission Statement: Park University provides access to a quality higher education experience that prepares a diverse community of learners to think critically, communicate effectively, demonstrate a global perspective and engage in lifelong learning and service to others.

Vision Statement: Park University, a pioneering institution of higher learning since 1875, will provide leadership in quality, innovative education for a diversity of learners who will excel in their professional and personal service to the global community.

Course

AC 315 Cost Accounting

Semester

F2DD 2011 DC

Faculty

Emanuel, Antonio R.

Title

Senior Instructor

Degrees/Certificates

MBA

Office Location

Defense Supply Center Columbus

Office Hours

Before class by appointment

Daytime Phone

614-329-1206

Other Phone

614-864-1204

E-Mail

Antonio.Emanuel@park.edu

Semester Dates

17 October - 11 December 2011

Class Days

Tuesday

Class Time

5:00 to 10:30pm

Prerequisites

AC 202 and CS 140

Credit Hours

3


Textbook:
Cost Accounting, A managerial Emphasis, Charles T. Horngren, Srikant M. Datar, and George Foster, 14th ed., Pearson Prentice Hall, Upper Saddle River, N.J. 2009. ISBN 0-13-210996-3

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore

Additional Resources:

McAfee Memorial Library - Online information, links, electronic databases and the Online catalog. Contact the library for further assistance via email or at 800-270-4347.
Career Counseling - The Career Development Center (CDC) provides services for all stages of career development.  The mission of the CDC is to provide the career planning tools to ensure a lifetime of career success.
Park Helpdesk - If you have forgotten your OPEN ID or Password, or need assistance with your PirateMail account, please email helpdesk@park.edu or call 800-927-3024
Resources for Current Students - A great place to look for all kinds of information http://www.park.edu/Current/.


Course Description:
A study of the basic principles of cost accounting applied to manufacturing, merchandising, and service businesses.  Emphasis is on various accepted cost methods such as job order, process, and standard cost system.   Pre-requisites: AC202 or CS140.  3:0:3

Educational Philosophy:
The classroom should be a place of vibrant learning, rich dialogue, and healthy debate. I strongly encourage all students to come prepared to class. All assignments should be completed prior to class night. I will engage you to discuss your answers and thoughts regarding the content of the evenings' topic.

Learning Outcomes:
  Core Learning Outcomes

  1. Prepare capital and operating budgets.
  2. Determine and account for manufacturing cost variances.
  3. Calculate and explain break-even points.
  4. Using various inventory methods, journalize manufacturing financial transactions.
  5. Compile financial statements for corporate


Core Assessment:

The test examines each learning outcome with 20 questions. Eighteen multiple-choice questions will be based upon a distribution of critical thinking concepts applied to a learning outcome. Two questions will examine a communication/writing component. Each question will be weighted as 5 points. 

Link to Class Rubric

Class Assessment:
I will use a variety of assessment instruments including; attendance, particapation in content discussion (peer teaching), homework, and exams.

Grading:

Homework    20%
Attendance    20%
Mid-term       30%
Final              30%
 
A = 90 - 100%
B = 80 - 89%
C = 70 - 79%
D = 60 - 69%
F = 59% or below.
Any form of cheating or two consecutive unexcused absences will result in a letter grade of F.
Two unexcused absences may result in an administrative withdrawal. An absence is defined as not being present for the entire class.

The course grade for students will be based on the overall average of homework and tests taken during the course in accordance with the weighting of the various requirements as stated in the syllabus.

All final exams in all School of Business courses will be comprehensive and will be closed book and closed notes. They will constitute 30% of the total course grade and will not be a take-home exam. They will be completed during the test week in the period designated by the registrar or by the Proctor in the case online courses. If calculators are allowed, they will not be multifunctional electronic devices that include features such as: phones, cameras, instant messaging, pagers, and so forth. Electronic Computers will not be allowed on final exams unless an exception is made by the Dean of the School of Business.

Late Submission of Course Materials:
There will be no late submissions of course material. Homework will be turned in when you enter class and you should make a copy for yourself to have when we review the answers. Since you have the options of email and/or fax, it is my expectation that even if you cannot make it to class, your homework will be required via one of those two options. If you must be absent for an exam, a seperate exam will be prepared for you and left in the Park Offices. You must arrange to complete it prior to the next class meeting.

Classroom Rules of Conduct:

1.Class will start on time at 5:00pm sharp.
2.Do not plan or expect to stay for half the class time as you will be marked absent.
3. Cell phones must be turned off or in the vibrate mode.
4. One conversation at a time.
5. Respect the instructor
6. respect fellow classmates.
7. All homework assignment are to be done on time.
8. All homework will be prepared using Microsoft Excel or Microsoft Word. No handwritten homework will be accepted. Professionalism is expected by all college students.

Course Topic/Dates/Assignments:

 Week 1
Chapters 1-3 
Please read the assigned material prior to class. In class we will discuss material and the will be aimed at pulling out the chapter objectives thru in class problems. The learning objectives will be stressed so background reading is essential. In-class group problems will be used to support the content. Homework will be assigned at the end of class meetings
 
Week 2
Chapters 4-6
We will review assigned homework at the beginning of class. Please bring a 2nd copy so that you may submitt one and have one for discussion purposes.
Please read the assigned material prior to class. In class we will discuss material and the will be aimed at pulling out the chapter objectives thru in class problems. The learning objectives will be stressed so background reading is essential. In-class group problems will be used to support the content. Homework will be assigned at the end of class meetings
 
  
Week 3
Chapters 7-9
We will review assigned homework at the beginning of class. Please bring a 2nd copy so that you may submitt one and have one for discussion purposes.
Please read the assigned material prior to class. In class we will discuss material and the will be aimed at pulling out the chapter objectives thru in class problems. The learning objectives will be stressed so background reading is essential. In-class group problems will be used to support the content. Homework will be assigned at the end of class meetings
 
Week 4
Chapters 10-12
We will review assigned homework at the beginning of class. Please bring a 2nd copy so that you may submitt one and have one for discussion purposes.
Please read the assigned material prior to class. In class we will discuss material and the will be aimed at pulling out the chapter objectives thru in class problems. The learning objectives will be stressed so background reading is essential. In-class group problems will be used to support the content. Mid-Term exam covering chapters 1-12.
 
Week 5
Chapters 13-15
We will review the mid-term exam at the beginning of class.
Please read the assigned material prior to class. In class we will discuss material and the will be aimed at pulling out the chapter objectives thru in class problems. The learning objectives will be stressed so background reading is essential. In-class group problems will be used to support the content. Homework will be assigned at the end of class meetings.
 
Week 6
Chapters 16-18
We will review assigned homework at the beginning of class. Please bring a 2nd copy so that you may submitt one and have one for discussion purposes.
Please read the assigned material prior to class. In class we will discuss material and the will be aimed at pulling out the chapter objectives thru in class problems. The learning objectives will be stressed so background reading is essential. In-class group problems will be used to support the content. Homework will be assigned at the end of class meetings
 
Week 7
Chapters 19-21
We will review assigned homework at the beginning of class. Please bring a 2nd copy so that you may submitt one and have one for discussion purposes.
Please read the assigned material prior to class. In class we will discuss material and the will be aimed at pulling out the chapter objectives thru in class problems. The learning objectives will be stressed so background reading is essential. In-class group problems will be used to support the content. Homework will be assigned at the end of class meetings.
 
Week 8
Chapters 22-23
We will review assigned homework at the beginning of class. Please bring a 2nd copy so that you may submitt one and have one for discussion purposes.
Please read the assigned material prior to class. In class we will discuss material and the will be aimed at pulling out the chapter objectives thru in class problems. The learning objectives will be stressed so background reading is essential. In-class group problems will be used to support the content. Final Exam covering chapters 13-23
 
 
 

Academic Honesty:
Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life. Park University students and faculty members are encouraged to take advantage of the University resources available for learning about academic honesty (www.park.edu/current or http://www.park.edu/faculty/).from Park University 2011-2012 Undergraduate Catalog Page 93

Plagiarism:
Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. from Park University 2011-2012 Undergraduate Catalog Page 93

Attendance Policy:
Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.

  1. The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
  2. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  3. In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "F".
  4. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  5. Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.
  6. Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.

Park University 2011-2012 Undergraduate Catalog Page 96

Disability Guidelines:
Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page: http://www.park.edu/disability .



Rubric

CompetencyExceeds Expectation (3)Meets Expectation (2)Does Not Meet Expectation (1)No Evidence (0)
Evaluate and define accounting concepts identified by:                                                                                                                                                                                                     
Outcomes
1,3,4,5,6                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
Evaluate and define the accounting transaction(s) in order to record, adjust or correct per Generally Accepted Accounting Principles
Q1, Q4, Q8, Q12, Q15
100-80 %
 
Evaluate and define the accounting transaction(s) in order to record, adjust or correct per Generally Accepted Accounting Principles
Q1, Q4, Q8, Q12, Q15
60-79%
 
Evaluate and define the accounting transaction(s) in order to record, adjust or correct per Generally Accepted Accounting Principles
Q1, Q4, Q8, Q12, Q15
50-59%
 
Evaluate and define the accounting transaction(s) in order to record, adjust or correct per Generally Accepted Accounting Principles
Q1, Q4, Q8, Q12, Q15
Less than 50%
 
Synthesize data to produce a logical flow of informational reporting  per established accounting rules and standards                                                                                                                                       
Outcomes
1,3,4,5,6                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
Assemble the correct and ethical accounting treatment for given transactions in order to produce accurate financial statements per Generally Accepted Accounting Principles
Q3, Q6, Q7, Q11, Q14
100-80 %
 
Assemble the correct and ethical accounting  treatment for given transactions in order to produce accurate financial statements per Generally Accepted Accounting Principles
Q3, Q6, Q7, Q11, Q14
60-79%
 
Assemble the correct and ethical accounting  treatment for given transactions in order to produce accurate financial statements per Generally Accepted Accounting Principles
Q3, Q6, Q7, Q11, Q14
50-59%
 
Assemble the correct and ethical accounting  treatment for given transactions in order to produce accurate financial statements per Generally Accepted Accounting Principles
Q3, Q6, Q7, Q11, Q14
Less than 50%
 
Analysis of transactional data                                                                                                                                                                                                                             
Outcomes
1,3,4,5,6                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
Analyze accounting transactions recorded in the book of original entry and adjust, record or post to prepare accurate financial statements per Generally Accepted Accounting Principles
Q2, Q5, Q9, Q10, Q13
100-80 %
 
Analyze accounting transactions recorded in the book of original entry and adjust, record or post to prepare accurate financial statements per Generally Accepted Accounting Principles
Q2, Q5, Q9, Q10, Q13
60-79%
 
Analyze accounting transactions recorded in the book of original entry and adjust, record or post to prepare accurate financial statements per Generally Accepted Accounting Principles
Q2, Q5, Q9, Q10, Q13
50-59%
 
Analyze accounting transactions recorded in the book of original entry and adjust, record or post to prepare accurate financial statements per Generally Accepted Accounting Principles
Q2, Q5, Q9, Q10, Q13
Less than 50%
 
Application of established rules and logic per regulatory and commercial standards                                                                                                                                                                         
Outcomes
2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
Demonstrate and interpret cost accounting data and variance figures in order to produce accurate and useful Balance Sheets and Income Statements per Generally Accepted Accounting Principles
Q16, Q17, Q18
100-80 %
 
Demonstrate and interpret cost accounting data and variance figures in order to produce accurate and useful Balance Sheets and Income Statements per Generally Accepted Accounting Principles
Q16, Q17, Q18
60-79%
 
Demonstrate and interpret cost accounting data and variance figures in order to produce accurate and useful Balance Sheets and Income Statements per Generally Accepted Accounting Principles Q16, Q17, Q18
50-59%
 
Demonstrate and interpret cost accounting data and variance figures in order to produce accurate and useful Balance Sheets and Income Statements per Generally Accepted Accounting Principles
Q16, Q17, Q18
Less than 50%
 
Content of Communication written essay                                                                                                                                                                                                                     
Outcomes
2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
Assess the student's ability to understand and communicate/ write the reasoning for knowledge acquired through out the course as it relates to manufacturing cost variances
Question 20
100-80 %
 
Assess the student's ability to understand and communicate/ write the reasoning for knowledge acquired through out the course as it relates to manufacturing cost variances
Question 20
60-79%
 
Assess the student's ability to understand and communicate/ write the reasoning for knowledge acquired through out the course as it relates to manufacturing cost variances
Question 20
50-59%
 
Assess the student's ability to understand and communicate/ write the reasoning for knowledge acquired through out the course as it relates to manufacturing cost variances
Question 20
Less than 50%
 
Technical Skill in Communicating                                                                                                                                                                                                                           
Outcomes
3                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
Demonstrate the knowledge and skill to evaluate, apply and discuss accounting solutions related to break-even analysis
Question 19
100-80 %
 
Demonstrate the knowledge and skill to evaluate, apply and discuss accounting solutions related to break-even analysis Question 19
60-79%
 
Demonstrate the knowledge and skill to evaluate, apply and discuss accounting solutions related to break-even analysis Question 19
50-59%
 
Demonstrate the knowledge and skill to evaluate, apply and discuss accounting solutions related to break-even analysis
Question 19
Less than 50%
 
First Literacy Technical knowledge and application                                                                                                                                                                                                         
Outcomes
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
Student will demonstrate an intermediate level of accounting knowledge within the scope of AC 315 to assist them in performing their job functions or enhancing their accounting knowledge
Overall Score
100-80 %
 
Student will demonstrate a intermediate level of accounting knowledge within the scope of AC 315 to assist them in performing their job functions or enhancing their accounting knowledge
Overall Score
60-79%
 
Student will demonstrate a intermediate level of accounting knowledge within the scope of AC 315 to assist them in performing their job functions or enhancing their accounting knowledge
Overall Score
50-59%
 
Student will demonstrate a intermediate level of accounting knowledge within the scope of AC 315 to assist them in performing their job functions or enhancing their accounting knowledge
Overall Score
Less than 50%
 

Copyright:

This material is copyright and can not be reused without author permission.

Last Updated:10/2/2011 5:56:03 AM