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Information
| Unit | KOZAN FACULTY OF BUSINESS MANAGEMENT |
| BUSINESS ADMINISTRATION PR. | |
| Code | BAC323 |
| Name | Cost Accounting |
| Term | 2021-2022 Academic Year |
| Semester | 5. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 4 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Doç. Dr. BİLAL ZAFER BERİKOL |
| Course Instructor |
Doç. Dr. BİLAL ZAFER BERİKOL
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
Students that take this course learn accounting records for production enterprises, calculating unit products, preparing and interpreting sales stocks balance sheets-income statements helping the enterprise board in preparing reports
Course Content
Basic Definitions, Cost of Goods Sold for Manufacturing Enterprises and Income Statament, Cost of Types, Labor Costs, Overhead Costs, Composite Product and By-Product Costs, Order Costing Method, Process Costing Method, Process Costing Standard Costing Method, Loses of Production, Cost-Volume-Profit Analysis, Operating Budget, Activity Based Costing.
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Be able to define basic concepts related to cost accounting |
| LO02 | Be able to understand the classification of costs |
| LO03 | Be able to understand and calculate the cost factors |
| LO04 | Cost locations and apply the cost allocation method |
| LO05 | Be able to prepare statement of cost of sales and statement of income |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | List and define the concepts of business management, and explain their relations to each other | 0 |
| PLO02 | - | List and define the fundamental conceptual models, numerical and statistical techniques of business administartion and identify their advantages and disadvantages. | 0 |
| PLO03 | - | List and define the relationship between the basic concepts of economy and business management ; indicate the strong and weak sides of each method. | 0 |
| PLO04 | - | Explain how to create the fundamental conceptual models and how to apply numerical and statistical techniques that are used in business administration. | 0 |
| PLO05 | - | Explain how to interpret the results gathered through the application and/or implementation of conceptual models and/or numerical and statistical methods of business management. | 0 |
| PLO06 | - | Determine appropriate methods to solve business problems | 0 |
| PLO07 | - | Evaluate the results that are obtained from applications of business management methods | 0 |
| PLO08 | - | Use the basic numerical and statistical softwares | 0 |
| PLO09 | - | Use the basic enterprise resource planning (ERP) softwares | 0 |
| PLO10 | - | Take initiative individually or/and as a member of a team, lead and work effectively | 2 |
| PLO11 | - | As well as professional development, improve him-/herself continuously in scientific, social, cultural and artistic fields according to his/her interests and abilities, identifying needs of learning. | 0 |
| PLO12 | - | Follow latest developments in the field, and sustain personal and professional development with the awareness of the necessity of life long learning | 2 |
| PLO13 | - | Use different resources in accordance with academic principles, synthesize the data gathered, and present them effectively in an unfamiliar field. | 0 |
| PLO14 | - | Use Turkish and at least one foreign language in accordance with the requirements in academic and business context | 0 |
| PLO15 | - | Perceive and interpret the feelings, ideas and behaviours of people appropriately, and express himself/herself accurately in written or oral format | 0 |
| PLO16 | - | Question traditional approaches, methods and implementations; develop and implement alternative methods when required | 0 |
| PLO17 | - | Recognize and apply social, scientific and professional ethical values. | 0 |
| PLO18 | - | Determine the most appropriate approaches, implementations and methods of business management considering sectors, their sizes, resources, cultures, goals and objectives | 0 |
| PLO19 | - | Monitor external factors such as industrial structures, competition, technologies, economics, politics, cultures that affects the activities of businesses and interpret their impact on businesses | 0 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction to the course | ||
| 2 | Definition of Cost Accounting, Basic Concepts, Classification of Costs | To make for course preparation from course materials | |
| 3 | Between statement of cost of sales and statement of income relation | To make for course preparation from course materials | |
| 4 | Between statement of cost of sales and statement of income relation | To make for course preparation from course materials | |
| 5 | Cost Types (Cost of raw materials and supplies- labour costs- overhead costs) | To make for course preparation from course materials | |
| 6 | Cost Types (Cost of raw materials and supplies- labour costs- overhead costs) | To make for course preparation from course materials | |
| 7 | Distibution of overhead costs to cost areas (First Distribution) | To make for course preparation from course materials | |
| 8 | Mid-Term Exam | To make for exam preparation from course materials | |
| 9 | Distibution of general production expenses to cost areas (First Distribution, Second Distribution) | To make for course preparation from course materials | |
| 10 | To make cost records | To make for course preparation from course materials | |
| 11 | Combined and by-product costs | To make for course preparation from course materials | |
| 12 | The wastages | To make for course preparation from course materials | |
| 13 | Order and Phase Cost Systems | To make for course preparation from course materials | |
| 14 | Standard and Variable Cost Systems, Activity Based Costing | To make for course preparation from course materials | |
| 15 | Break-even point | To make for course preparation from course materials | |
| 16 | Term Exams | To make for exam preparation from course materials | |
| 17 | Term Exams | To make for exam preparation from course materials |
Assessment (Exam) Methods and Criteria
Current term shares have not yet been determined. Shares of the previous term are shown.
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
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 | 7 | 7 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 109 | ||
| Total Workload / 25 (h) | 4,36 | ||
| ECTS | 4 ECTS | ||