Iğdır University Lifelong Learning Programme

Description of Individual Course Units

Course Unit Code	Course Unit Title	Type of Course Unit	Year of Study	Semester	Number of ECTS Credits
190400306105	COST ACCOUNTING	Elective	3	6	4

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

Mode of Delivery

Daytime Class

Prerequisites and co-requisities

Recommended Optional Programme Components

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

Week	Theoretical	Practice	Laboratory
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	Example applications
15	Final exam

Recommended or Required Reading

Prof. Süleyman YÜKÇÜ, Cost Accounting in Management Prof. Kamil BÜYÜKMİRZA, Cost and Management Accounting

Planned Learning Activities and Teaching Methods

Assessment Methods and Criteria

Term (or Year) Learning Activities	Quantity	Weight
Midterm Examination	1	100
SUM		100
End Of Term (or Year) Learning Activities	Quantity	Weight
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)

Workload Calculation

Activities	Number	Time (hours)	Total Work Load (hours)
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	20	20
Individual Study for Final Examination	1	30	30
TOTAL WORKLOAD (hours)			107

Contribution of Learning Outcomes to Programme Outcomes

	PO 1	PO 2	PO 3	PO 4	PO 5	PO 6	PO 7	PO 8	PO 9	PO 10	PO 11	PO 12	PO 13	PO 14
LO1	4	4	4	3	4	5	5	4	4	4	5	4	4	4
LO2	4	3	4	3	4	5	5	4	3	4	4	4	4	4
LO3	4	4	4	4	4	3	3	4	3	4	4	4	4	3
LO4	3	3	4	5	3	4	4	3	4	3	5	5	4	4
LO5	4	3	4	3	4	5	4	4	3	4	3	3	5	5
LO6	4	3	3	4	3	4	4	4	3	3	5	4	4	4

* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High