Course Syllabus Managerial Cost Accounting (ACCT3330-002) SPRING 2016 Dr. Sak Bhamornsiri Email: sbhamorn@uncc.edu Office: Friday 359 Course Description in the University Catalog ACCT 3330. Managerial Cost Accounting. (3) Prerequisite: ACCT 2122. Analysis of the uses of accounting data in the planning, controlling and decision-making processes of business enterprises. Enrollment limited to majors in the College of Business. (Spring) (Evenings). Textbooks Required: Course ID: Resources: Managerial Cost Accounting: UNC Charlotte, Pearson Custom Library. (This is a customized version of Horngren, Datar and Rajan. 2015. Cost Accounting: A Managerial Emphasis. 15 th edition. Pearson Education, Inc.) You will also need an access code to MyAccountingLab for your homework. The book and the access code come in a package. Both UNC Charlotte bookstore and Gray s Bookstore carry these course materials. Complete instructions on how to register for homework are shown on page 5 of this course syllabus. Make sure that you register for Course ID: bhamornsiri67077 Additional materials and resources for this course will be posted on Moodle2 as the semester progresses. Course Objectives The Managerial Cost Accounting course has the following objectives: 1. To enhance your understanding of the role of accounting information in making business decisions. 2. To improve your skills in analyzing business situations in order to make proper decisions. 3. To enhance your understanding of planning and control systems. 4. To improve your understanding and skills in determining product costs. AACSB Learning Outcomes to be assessed: (A) Students will demonstrate the ability to analyze a business situation so that proper decisions can be made. (B) Students will demonstrate knowledge of the role of accounting information in making business decisions. 1 Managerial Accounting Spring 2016
Office Consultations My scheduled office hours are between 11:00 AM and 12:00 NOON every Monday and Wednesday. If you need to see me at any other time, talk to me after class and we will make an appointment at a mutually convenient time. Email messages When communicating with me through email, please make sure that you read your message before clicking send. Make sure that you understand what you wrote. I do respond to all RELEVANT email messages, sooner or later. Grading Policy A student's grade will be determined on the basis of his/her accomplishment in the following areas: Points Three regular exams, total... 300 Final exam (comprehensive)... 200 Homework (to be submitted online)... 100 Total available points... 600 The following grading scale will be used: Total Number of Points Letter grade 540 and over... A 480 to 539... B 420 to 479...C 360 to 419... D Below 300... F Note that the determination of your final course grade will be based on the total amount of points you earned and not by the percentage of the points you earned to the total amount of points available (600). For example, if you earned a total of 479 points your course grade is a C. Therefore, you should always study for an entire exam and not for only a part of it. Examinations (500 points) Examinations will be given on the dates and times that are shown on the planned schedule of class activity. A scheduled exam date may be rescheduled only if the campus is closed on that date. The University does not have written policy regarding makeup exams. You do not have any right to demand that I give you a makeup exam. Granting a makeup exam is entirely at my discretion. I may give a student a makeup exam. I can also deny any student a makeup exam. If I decide to grant a student a makeup exam, I also decide when the exam will be given and in what format the exam will be. I do not give any student who attend less than 50% of class meetings. 2 Managerial Accounting Spring 2016
AACSB Assessment of Learning Outcomes Certain questions on the exams will be designed to assess the learning outcomes that are shown on page 1 of this document. These questions will account for approximately 17% of the total available points. Homework: (100 points) All homework assignments are to be submitted online on or before the due date. Be sure to note the due dates on your calendar. You do not have to wait until the night before the due date to start doing homework. Late homework submissions will not be accepted and will not count. Attendance: Class attendance record will be kept. You will not be penalized for not attending this class. However, if you don t come to class, don t expect me to tell you what I did in class and don t expect me to help you with any question. I use attendance record to evaluate a student s request for a recommendation for employment or graduate school. I do not recommend a student with poor class attendance record for employment or advanced studies. Classroom Conduct You are required to have access to your textbook while attending class. It would be very helpful if you have with you a laptop, a notebook, or an ipad so that you can access course material via the Internet. You are on the path to becoming a professional. Appropriate classroom etiquette and conduct are expected. General expectations Students are expected to come to class prepared. Assignments are to be read prior to the class period for which they are assigned. Written answers to the assigned homework are to be prepared prior to the class period for which they are assigned. Do not underestimate the difficulty of this course. Many students struggle with Management Accounting. I hope you will not have too much trouble with this course. But if you do, here are some suggestions: 1. Study the material in advance of class coverage. Class time should be used to reinforce what you have already learned and to seek further explanation from the instructor. 2. Do homework in advance.. Struggling with the material is expected and is a natural part of the learning process in this course. 3. Do not hesitate to ask questions in class and participate in class discussion. 4. Persist in your attempt to understand the material & let me know immediately if you experience any difficulty. 5. Practice, practice and more practice. You cannot read accounting. The only way to learn accounting is to spend hours completing problems and exercises. 3 Managerial Accounting Spring 2016
Academic Integrity All UNC Charlotte students are expected to strictly observe the UNC Charlotte Code of Student Academic Integrity. The text of the Code can be found at http://www.legal.uncc.edu/policies/ps- 105.html Belk College Policy on Diversity The Belk College of Business strives to create an inclusive academic climate in which the dignity of all individuals is respected and maintained. Therefore, we celebrate diversity that includes, but is not limited to ability/disability, age, culture, ethnicity, gender, language, race, religion, sexual orientation, and socio-economic status. 4 Managerial Accounting Spring 2016
Pearson's MyLab & Mastering Student Registration Instructions To register for Managerial Cost Accounting ACCT3330-002-2016: 1. Go to www.pearsonmylabandmastering.com. 2. Under Register, select Student. 3. Confirm you have the information needed, then select OK! Register now. 4. Enter your instructor s course ID: bhamornsiri67077, and Continue. 5. Enter your existing Pearson account username and password to Sign In. You have an account if you have used a Pearson product, for example: MyMathLab, MyITLab, MyPsychLab, MySpanishLab or Mastering, such as MasteringBiology. If you don t have an account, select Create and complete the required fields. 6. Select an access option. Use the access code that came with your textbook or that you purchased separately from the bookstore. Buy access using a credit card or PayPal account. If available, get 14 days temporary access. (The link is near the bottom of the screen.) 7. From the confirmation page, select Go To My Courses. 8. On the My Courses page, select the course tile Managerial Cost Accounting ACCT3330-002- 2016 to start your work. To sign in later: 1. Go to www.pearsonmylabandmastering.com. 2. Select Sign In. 3. Enter your Pearson account username and password, and Sign In. 4. Select the course tile Managerial Cost Accounting ACCT3330-002-2016 to start your work. To upgrade temporary access to full access: 1. Go to www.pearsonmylabandmastering.com. 2. Select Sign In. 3. Enter your Pearson account username and password, and Sign In. 4. Select Upgrade access from the course tile Managerial Cost Accounting ACCT3330-002- 2016. 5. Enter an access code or purchase access with a credit card or PayPal account. For a registration overview, go to www.pearsonmylabandmastering.com/students/get-registered. Scroll down to Need a little help? and select a video. 5 Managerial Accounting Spring 2016
ACCT3330 Spring 2016 - Schedule of Class Activity (May be revised as necessary) Date Chapter and Topic Class excercises Homework due M 11-Jan 1:Cost-Volume-Profit Relationships Posted on Moodle2 See My AccountingLab W 13-Jan 1:Cost-Volume-Profit Relationships Posted on Moodle2 See My AccountingLab M 18-Jan ML King Day - No classes Posted on Moodle2 See My AccountingLab W 20-Jan 1:Cost-Volume-Profit Relationships Posted on Moodle2 See My AccountingLab M 25-Jan 2: Decision Making and Relevant Information Posted on Moodle2 See My AccountingLab W 27-Jan 2: Decision Making and Relevant Information Posted on Moodle2 See My AccountingLab M 1-Feb 3: Pricing Decisions and Cost Management Posted on Moodle2 See My AccountingLab W 3-Feb 3: Pricing Decisions and Cost Management Posted on Moodle2 See My AccountingLab M 8-Feb Exam 1 - Chapters 1, 2, and 3 Posted on Moodle2 See My AccountingLab W 10-Feb 4: Capital Buding and Cost Analysis Posted on Moodle2 See My AccountingLab M 15-Feb 4: Capital Buding and Cost Analysis Posted on Moodle2 See My AccountingLab W 17-Feb 4: Capital Buding and Cost Analysis Posted on Moodle2 See My AccountingLab M 22-Feb 5: Transfer Pricing Posted on Moodle2 See My AccountingLab W 24-Feb 5: Transfer Pricing Posted on Moodle2 See My AccountingLab M 29-Feb Exam 2 - Chapters 4 and 5 W 1-Mar 6: Master Budget and Responsibility Accounting M W 7-Mar Spring break 9-Mar Spring break M 14-Mar 6: Master Budget and Responsibility Accounting Posted on Moodle2 See My AccountingLab W 16-Mar 6: Master Budget and Responsibility Accounting Posted on Moodle2 See My AccountingLab M 21-Mar 7: Flexible Budgets, Direct Cost Variances Posted on Moodle2 See My AccountingLab W 23-Mar 7: Flexible Budgets, Direct Cost Variances Posted on Moodle2 See My AccountingLab M 28-Mar 8: Flexible Budgets, Overhead Cost Variances Posted on Moodle2 See My AccountingLab W 30-Mar 8: Flexible Budgets, Overhead Cost Variances Posted on Moodle2 See My AccountingLab M 4-Apr Exam 3 - Chapters 6, 7 and 8 Posted on Moodle2 See My AccountingLab W 6-Apr 9: Job Costing Posted on Moodle2 See My AccountingLab M 11-Apr 9: Job Costing Posted on Moodle2 See My AccountingLab W 13-Apr 10: Cost Allocation: Joint Products and By-products Posted on Moodle2 See My AccountingLab M 18-Apr 10: Cost Allocation: Joint Products and By-products Posted on Moodle2 See My AccountingLab W 20-Apr 11: Process Costing Posted on Moodle2 See My AccountingLab M 25-Apr 11: Process Costing Posted on Moodle2 See My AccountingLab W 27-Apr 11: Process Costing Posted on Moodle2 See My AccountingLab M 2-May Open date Posted on Moodle2 See My AccountingLab Comprehensive final exam May 5-12 to be announced 6 Managerial Accounting Spring 2016