TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| FINANCE PR. | |
| Code | ISLS307 |
| Name | Cost Accounting I |
| Term | 2020-2021 Academic Year |
| Semester | 5. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Uzaktan Öğretim |
| Catalog Information Coordinator | Doç. Dr. ELİF NURSUN DEMİRCİOĞLU |
| Course Instructor |
The current term course schedule has not been prepared yet. Previous term groups and teaching staff are shown.
|
Course Goal / Objective
The Aim of This Course is To Familiarize The Students With Basic Principles and Concepts About Cost Accounting
Course Content
Direct Material Cost, Direct Labor Cost, Factory Overhead Cost, Order Costing System and Process Costing System
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Explain concepts of revenues, income, profit, payment, expenditure, loss and cost.. etc. |
| LO02 | Recognize the difference between these concepts by giving examples. |
| LO03 | Clarify various aspects of acounting and explain the goals of this class. |
| LO04 | Arrange the table of cost of sales and income according to the information of cost accounting. |
| LO05 | Define factors which influence cost accounting systems. |
| LO06 | Make cost analysis. |
| LO07 | Calculate unit cost. |
| LO08 | Learn material costs |
| LO09 | Learn labour costs |
| LO10 | Learn factory overhead costs |
| LO11 | Know further applications on the cost elements |
| LO12 | Learn job Order cost system |
| LO13 | Learn process costing system |
| LO14 | Learn process costing system: single process |
| LO15 | Learn process costing system: multi-processes |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explains basic conceptual information about economy and finance | 4 |
| PLO02 | Bilgi - Kuramsal, Olgusal | The departments of finance, law, economics, public administration, business administration and accounting have the necessary qualifications for the public and private sectors. | |
| PLO03 | Beceriler - Bilişsel, Uygulamalı | Analyses the basic conceptual knowledge about economics and finance in the context of current economic and financial developments. | |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Synthesises the information obtained from different sources within the framework of academic rules in the field of research | |
| PLO05 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Works effectively individually and/or in a team. | |
| PLO06 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, follows the current developments in the field. | 4 |
| PLO07 | Yetkinlikler - Öğrenme Yetkinliği | Apart from the traditional approach, it develops new working methods when deemed necessary. | 3 |
| PLO08 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Turkish and at least one foreign language is used in accordance with the needs of academic life and business life | 3 |
| PLO09 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Expresses herself orally and in writing | |
| PLO10 | Yetkinlikler - Alana Özgü Yetkinlik | To be able to collect and analyse data from different sources by using contemporary communication tools, methods and processes | |
| PLO11 | Yetkinlikler - Alana Özgü Yetkinlik | Having basic computer knowledge and skills, uses this information in the professional field. | |
| PLO12 | Yetkinlikler - Alana Özgü Yetkinlik | Explains the duties, authority and functioning of public financial institutions | 3 |
| PLO13 | Yetkinlikler - Alana Özgü Yetkinlik | Explains job descriptions and responsibilities of professionals in the field of finance | |
| PLO14 | Yetkinlikler - Alana Özgü Yetkinlik | Have social, scientific and ethical values. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Basic Concepts | Reading materials related to the topics | |
| 2 | Cost classifications | Reading materials related to the topics | |
| 3 | Raw material cost | Reading materials related to the topics | |
| 4 | Inventory valuation process | Reading materials related to the topics | |
| 5 | Labor cost | Reading materials related to the topics | |
| 6 | Labor cost issues | Reading materials related to the topics | |
| 7 | Mid-Term Exam | Exam preparation | |
| 8 | Mid-Term Exam | Exam preparation | |
| 9 | Factory overhead cost | Reading materials related to the topics | |
| 10 | Allocation of factory overhead cost | Reading materials related to the topics | |
| 11 | Job ördek cost system | Reading materials related to the topics | |
| 12 | Process costing system | Reading materials related to the topics | |
| 13 | Process costing system | Reading materials related to the topics | |
| 14 | Examples | Reading materials related to the topics | |
| 15 | Examples | Reading materials related to the topics | |
| 16 | Term Exams | Exam preparation | |
| 17 | Term Exams | Exam preparation |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 114 | ||
| Total Workload / 25 (h) | 4,56 | ||
| ECTS | 5 ECTS | ||