AC 315 Cost Accounting
S1T 2013 DL
Lampton, Jolene A.
Assistant Professor of Management Accounting
Ph.D. in Higher EducationMBA in Business Administration and BSE in Business EducationCPA (licensed in Texas and Missouri)
Monday/Wednesday 3 - 5 p.m.
512-385-7275 (Ex. 5711) Office
January 14, 2013 - March 9, 2013
AC202 and CS140
Textbooks can be purchased through the MBS bookstore
Textbooks can be purchased through the Parkville Bookstore
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Educational Philosophy: Instructor will facilitate a meaningful, substantive class in Cost Accounting. Students are expected to do their part by reading the chapters, participating in class discussions, working both practice and homework problems, completing the quizzes, taking tests, and completing the research project in CVP. Indeed, this is a busy class. The instructor will help in any way possible if students do their part. The instructor is available by email or by phone if needed. Together with instructor and students, it is hoped that this class will be productive and meaningful for students.
Learning Outcomes: Core Learning Outcomes
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 RubricClass Assessment: Examinations, quizzes, CVP presentation, 45 practice problems, 5 homework problems, discussion thread postings.
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.
Classroom Rules of Conduct: Professional demeanor expected.
Chapter 2 An Introduction to Cost Terms and Purposes (Days 1 – 3)
Practice Problems 2-16, 2-33*, 2-34, 2-36
*Designated as Practice Quiz 2
Quiz Chapter 2
Homework 2-39 (Submit to dropbox by Day 3 midnight)
Chapter 3 Cost-Volume-Profit Analysis (Days 4 – 7)
Practice Problems 3-17- 3-21, 3-28*
*Designated as Practice Quiz 3
Quiz Chapter 3
Homework 3-49 (Submit to dropbox by Day 7 midnight)
Chapter 4 Job Costing (Days 8 – 10)
Practice Problems 4-18, 4-19, 4-21, 4-24, 4-25, 4-27
Quiz Chapter 4
Chapter 5 Activity-Based Costing and Activity-Based Management (Days 11 – 14)
Practice Problems 5-16, 5-18, 5-24
Homework 5-40 (Submit to dropbox by Day 14 midnight)
Quiz Chapter 5
Chapter 6 Master Budget and Responsibility Accounting (Days 15 – 17)
Practice Problems 6-17, 6-18, 6-19, 6-20, 6-27*, 6-38*
*Designated as Practice Quiz 6
Quiz Chapter 6
Chapter 7 Flexible Budgets, Direct-Cost Variances, and Management Control (Days 18 – 21)
Practice Problems 7-16, 7-18, 7-30
Quiz Chapter 7
CVP Application and Visual Aid (65 points)
Students should apply cost-volume-profit principles to a situation either in their work or personal life. The methodology should be justified in appropriate fashion – in writing in a paper which utilizes the break-even formula or with other documentation, such as a visual aid of the student’s findings which can be prepared for showing to the class in an asynchronous presentation of the student’s application. The PPT or written paper must show and explain the break-even formula used in the CVP application and Visual aid. A PPT (or written paper) can be shown as an asynchronous medium that is available for viewing by Wednesday of Week 4. Students should post one peer review/critique of another student’s work in the Discussion Thread provided. Points: 65 points possible.
Mid Term Exam (Chapters 2 - 7) To be completed by Sunday midnight of Week 4. 2 hour limit.
Chapter 10 Determining How Costs Behave
Practice Problems 10-17, 10-18, 10-23, 10-24
Homework 10-32 (Submit to dropbox by Day 31 midnight)
Quiz Chapter 10
Chapter 11 Decision Making and Relevant Information
Practice Problems 11-19, 11-20, 11-24
Quiz Chapter 11
Chapter 12 Pricing Decisions and Cost Management
Practice Problems 12-20, 12-22
Homework 12-37 (Submit to dropbox by Day 42 midnight)
Quiz Chapter 12
Chapter 13 Strategy, Balanced Scorecard, and Strategic Profitability Analysis
Practice Problems 13-22, 13-23, 13-39*
*Designated as Practice Quiz 13
Quiz Chapter 13
Chapter 17 Process Costing
Practice Problems 17-16, 17-17, 17-24, 17-30, 17-31
Quiz Chapter 17
Chapter 18 Spoilage, Rework, and Scrap
Practice Problems 18-16, 18-29, 18-34*
*Designated as Practice Quiz 18
Quiz Chapter 18
Comprehensive Final Exam (Chapters 2, 3, 4, 5, 6, 7, 10, 11, 12, 17, and 18) Closed-Book
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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 95
Attendance Policy:Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.
Park University 2011-2012 Undergraduate Catalog Page 98
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 .
Last Updated:12/9/2012 9:48:02 PM