Cost Accounting (MGMT305) Course Detail

Course Name	Course Code	Season	Lecture Hours	Application Hours	Lab Hours	Credit	ECTS
Cost Accounting	MGMT305	6. Semester	3	0	0	3	6

Pre-requisite Course(s)
N/A

Course Language	English
Course Type	Compulsory Departmental Courses
Course Level	Bachelor’s Degree (First Cycle)
Mode of Delivery	Face To Face
Learning and Teaching Strategies	Lecture, Demonstration, Drill and Practice.
Course Coordinator
Course Lecturer(s)	Prof. Dr. Hasan Kaval Prof. Dr. Hüseyin Kamil Büyükmirza
Course Assistants
Course Objectives	The objective of this course is to provide students with an overview of cost accounting concepts and applications.
Course Learning Outcomes	The students who succeeded in this course; To classify the costs To make the recording process related with the cost accounts To allocate the costs to the cost centers using the apporpriate cost allocation methods. To benefit from the cost systems in order to find the cost of the products produced To make the variance analysis and find the reasons behind the variances To compute the costs of a firm that produces similar products. To compute the cost of products ina firm that produces multiple products
Course Content	This course is a study of the fundamentals of cost accounting within an industrial organization. The cost accounting functions relative to materials, labor, and factory overhead are treated in detail. Job order and process cost systems are explained. Cost allocation, standard costing systems, activity-based costing systems are also discussed.

Weekly Subjects and Releated Preparation Studies

Week	Subjects	Preparation
1	Introductions to cost terms, concepts and purposes.	Course Book, Ch 1
2	Types of cost, cost functions	Course Book, Ch 1
3	Material costs, labor costs, manufacturing overhead costs and related journal and ledger entries	Course Book, Ch 2
4	Cost allocations methods	Course Book, Ch 2
5	Preparation of cost flow chart and cost allocation table (Examples)
6	Job order cost system	Course Book, Ch 2
7	Job order cost system	Course Book, Ch 2
8	Midterm Exam
9	Process costing system	Course Book, Ch 3
10	Process costing system	Course Book, Ch 3
11	Activity based costing system	Course Book, Ch 4
12	Activity based costing system	Course Book, Ch 4
13	Standard costing method	Course Book, Ch 11
14	Variance analysis	Course Book, Ch 11
15	Review
16	Final Exam

Sources

Course Book	1. Weygandt, Lıeso, Kımmel Managerial Accounting Tools for Business Decision Making
	2. Maliyet ve Yönetim Muhasebesi

Evaluation System

Requirements	Number	Percentage of Grade
Attendance/Participation	1	10
Laboratory	-	-
Application	-	-
Field Work	-	-
Special Course Internship	-	-
Quizzes/Studio Critics	-	-
Homework Assignments	5	20
Presentation	-	-
Project	-	-
Report	-	-
Seminar	-	-
Midterms Exams/Midterms Jury	1	30
Final Exam/Final Jury	1	40
Toplam	8	100

Percentage of Semester Work	60
Percentage of Final Work	40
Total	100

Course Category

Core Courses	X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

#	Program Qualifications / Competencies	Level of Contribution
#	Program Qualifications / Competencies	1	2	3	4	5
1	Understanding and explaining the concepts regarding to the main fields of Management (Management, Production, Marketing, Accounting- Finance) and gaining the ability to apply these skills in management.		X
2	Gaining the ability to use technology required for buseiness administration
3	An ability to analyze the information and reports of the markets and businesses and setting goals with respect to results of the analysis.			X
4	An ability to trace and evaluate the global, local and/or regional developments related to businesses and making strategic decisions.
5	An ability to set a innovative business or an ability to use the knowledge in the operations of management(taking risk, finding resources, making market research, and preparing business plans etc.)
6	An ability to apply knowledge regarding functions of management.
7	An ability to have oral and written communication skills particular to management and use these skills effectively in professional relations
8	Compliance with rules of Socials and business ethics and to the principles of social responsibility
9	An ability to use life-long learning approach in order to adapt constantly changing environmental factors (technological, political ,economical, and socio cultural etc.)
10	An ability to conduct research on management and reporting the outcomes with the related parties.		X
11	Taking responsibility within the teamwork, thinking critically and taking initiative in problem solving.
12	Using professional English in written and verbal communication. ("European Language Portfolio Global Scale", Level B1)
13	Having knowledge about law required by management.

ECTS/Workload Table

Activities	Number	Duration (Hours)	Total Workload
Course Hours (Including Exam Week: 16 x Total Hours)
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class
Presentation/Seminar Prepration
Project
Report
Homework Assignments	5	10	50
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury
Prepration of Final Exams/Final Jury
Total Workload			50