Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | 140400106106 | COST ACCOUNTING | Elective | 3 | 6 | 4 |
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Level of Course Unit |
First Cycle |
Objectives of the Course |
Calculating the total and unit costs of the outputs by basing on the cost management systems in the companies. |
Name of Lecturer(s) |
Dr. Öğr. Üyesi Leyla AKGÜN |
Learning Outcomes |
1 | To calculate the material costs | 2 | To calculate the labour costs | 3 | To calculate the overhead costs | 4 | To determine the expenses, activity centers and allocation keys related with cost calculating system | 5 | To calculate the overhead expenses according to allocation methods | 6 | To calculate the total and unit costs according to cost calculation systems |
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Mode of Delivery |
Daytime Class |
Prerequisites and co-requisities |
None |
Recommended Optional Programme Components |
None |
Course Contents |
The basic concepts of cost accounting and understanding of cost factors in the production business. Raw Materials, Construction of Labor and Overhead Costs related operations. Understanding the cost accounting system and cost accounting and general accounting relationships. Implementation of cost locations and cost allocation methods in the production business. Order, Stage, United, Standard, Variable Cost Method of cost management and understanding. |
Weekly Detailed Course Contents |
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1 | Purposes of cost accounting and cost behavior models | | | 2 | Cost elements, direct material costs and table of the cost of sellings, direct labour costs and overhead costs | | | 3 | Normal costing and its effects | | | 4 | Expense allocation methods primary distribution and direct distribution | | | 5 | Matrix method, progressive distribution method and planned distribution method | | | 6 | Costing approach in service production | | | 7 | Order cost approach | | | 8 | Midterm Exam | | | 9 | Phase cost system, table of physical movements, equivalent product amount and cost calculating approach when there is no semi-finished product in the beginning of the term | | | 10 | Phase cost system, FIFO and average cost methods | | | 11 | Costing of combined and subsidiary costs | | | 12 | Activity based costing | | | 13 | Quality costs | | | 14 | Final | | |
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Recommended or Required Reading |
Prof. Süleyman YÜKÇÜ, Cost Accounting in Management
Prof. Kamil BÜYÜKMİRZA, Cost and Management Accounting |
Planned Learning Activities and Teaching Methods |
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Assessment Methods and Criteria | |
Midterm Examination | 1 | 100 | SUM | 100 | |
Final Examination | 1 | 100 | SUM | 100 | Term (or Year) Learning Activities | 40 | End Of Term (or Year) Learning Activities | 60 | SUM | 100 |
| Language of Instruction | Turkish | Work Placement(s) | None |
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Workload Calculation |
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Midterm Examination | 1 | 1 | 1 |
Final Examination | 1 | 2 | 2 |
Attending Lectures | 14 | 3 | 42 |
Self Study | 4 | 3 | 12 |
Individual Study for Mid term Examination | 1 | 30 | 30 |
Individual Study for Final Examination | 1 | 40 | 40 |
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Contribution of Learning Outcomes to Programme Outcomes |
LO1 | 4 | 3 | 4 | 4 | 4 | 4 | 5 | 4 | 5 | 4 | 4 | 4 | 4 | 5 | 4 | 3 | 5 | LO2 | 4 | 4 | 3 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 4 | 3 | 4 | 5 | 3 | 4 | LO3 | 5 | 5 | 4 | 3 | 4 | 3 | 4 | 3 | 4 | 3 | 4 | 3 | 4 | 5 | 4 | 5 | 4 | LO4 | 4 | 3 | 4 | 4 | 3 | 4 | 5 | 3 | 5 | 3 | 4 | 3 | 4 | 3 | 3 | 4 | 3 | LO5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | LO6 | 5 | 4 | 3 | 5 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 3 | 4 | 4 | 5 | 3 | 4 |
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* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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Iğdır University, Iğdır / TURKEY • Tel (pbx): +90 476
226 13 14 • e-mail: info@igdir.edu.tr
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