Instructor : Lee Daniel
Office Hours : MWF 12:00 until 1:00and MWF 2:00 until 4:00
Office Location: 201 Bibb Graves
Office Telephone: (334) 670-3158
Department Secretary (334) 670-3136
Fax: (334) 670-3592
Course Prerequisites: Accounting 2291 and 2292 (Must have made at least a “C” in each
Time of Class: 9:00 until 9:50 MWF
Class Location : General Administrative Building 301
Course Description: Manufacturing and distribution cost accounting, material, labor and overhead cost in
job order and process cost accounting. These courses must be taken in sequence.
Course Objective: On completion of the course, the student should be able to:
1. Outline principles, conventions, and concepts underlying internal reporting of
accounting information by business organizations.
2. Interpret reported accounting information and apply it to decision making
3. Explain cost behavior and cost allocation techniques and internal profitability.
4. Use actual, normal, and standard costing applications to compute job order
5. Discuss accounting applications of managerial concepts, including variance
analysis, cost-volume-profit relationships, value chains, and unit cost
Purpose; To introduce knowledge of managerial and cost accounting concepts and
practices. The course covers the principles, conventions, and concepts underlying
internal reporting of accounting information by business organizations for use
in decision making processes. Various costing techniques and applications covered to
to sharpen the student’s analytical skills. In addition, this course covers many of the
cost and managerial topics found on the CPA and CMA exams. Accordingly, this
course should be beneficial for those students who plan to eventually sit for the CPA
or CMA exam.
Text: Managerial Accounting, 12th edition, by Garrison, Noreen and Brewer
Published by McGraw Hill /Irwin
Other Material: No other material is required
Grading Method: Exam 1 100 points
Exam 2 100 points
Quiz Average * 150 points
COMPREHENSIVE Final Exam 150 points
Total Points 500 points
* Average after dropping the two lowest grades
Total Points Grade in Course
Less than 300 F
Chapter 1 Managerial Accounting and the Business Environment.
Chapter 2 Cost Terms, Concepts, and Classifications
Chapter 3 Systems Designs: Job-Order Costing
Chapter 4 Systems Design: Process Costing
Chapter 6 Cost-Volume-Profit Relationship
Chapter 7 Variable Costing: A Tool for Management
Chapter 10 Standard Costs and the Balanced Scorecard
Chapter 11 Flexible Budgets and Overhead Analysis
Chapter 13 Relevant Costs for Decision Making
Chapter 14 Capital Budgeting Decisions
Chapter 15 Statement of Cash Flow
1. Please get to class on time. People who come in late disturb everyone else.
2. The only mechanical devices that are allowed on quizzes and exams are PLAIN OL’
CALCULATORS. Translating devices/ electronic dictionaries are not allowed.
3. If you drop this class, you will receive a grade of “DP” regardless of what your grade is at the
time. A grade of “DP” will not affect your grade point average.
4. The classroom is not a lunchroom. Please do not plan on having lunch in here because the
noise disturbs those around you. If you just have to bring a drink in here, please be sure it is in
either a can or bottle. Drinks that are in a cup full of ice make an awful lot of noise, so please
don’t bring either cups of ice or food.
5. You do not have to take either exam 1 or exam 2. They are both optional. However, if you
choose to take them and do poorly on one or both, don’t ask if we can “forget” about that grade
and let the final count double. The answer to that question is NO.
6. THERE IS NO SUCH THING AS EXTRA CREDIT IN THIS COURSE
First Day of Class Jan. 9
Deadline for adding a course Jan. 11
Spring Break March 10-16
Deadline for dropping a course March 21
Classes end April 29
Dead day April 30
Final exam Friday, May 2nd at 11:00
Americans With Disabilities Act Any student whose disabilities fall within ADA must inform the
instructor at the BEGINNING of the semester regarding any special needs or equipment necessary to
accomplish the requirements of this course.
Students who have or may be dealing with a disability or learning difficulty should speak with the
instructor, contact the office of Adaptive Needs Program (Wright Hall 226) or call 670-3220. Various
accommodations are available through the Adaptive Needs Program. The faculty of the College of
Business makes every effort to accommodate unique and special needs of students with respect to
speech, hearing, vision, seating or other possible disabling conditions. Please notify the instructor as
soon as possible of requested accommodations or ways to help.
Attendance will be taken at each class meeting, but will not count any part of the course grade.
INCOMPLETE WORK POLICY
The only time this policy is needed is if you don’t show up for the final exam. If you don’t take the
final exam, regardless of the reason, you will receive an “F” in the course rather than an Incomplete.
However, when you do take the final exam, the “F” will be changed to whatever grade you made.
NOTE: If you do not take the final exam, regardless of the reason, you will be given a make-up exam
that is considerably more difficult than the original final. If you know in advance that you will have to
miss the final exam, you may, if you wish take it early.
The cheating policy is very simple. If you are caught cheating, you FLUNK THE ENTIRE COURSE.
There is no such thing as a second chance. Cheating is cheating, whether it is “just a quiz”, the final
exam, or anything in between.
Over the years, many students have done poorly in this course because they didn’t read the syllabus
and therefore didn’t know the rules. For example, some students didn’t know that the final exam was
comprehensive. Other students didn’t know that they were allowed to use calculators on the exams. In
an attempt to motivate you to read this syllabus, both exams will contain at least one question from this
MAKE UP EXAMS
Good excuse, bad excuse, or no excuse at all, THERE IS NO SUCH THING AS A MAKE UP EXAM.
If you do not take one of the first two exams, for whatever reason, the grade you make on the final
exam will be your grade for the exam that was missed.
There is no such thing as extra credit in this course.
There will be many, many quizzes given during the semester. In order to motivate students to come to class
prepared everyday, these quizzes will be UNANNOUNCED. Testing devices of this nature are often called POP
QUIZZES. There is no such thing as a make up quiz. If you miss a quiz, you get a zero. The ONLY exception to
this rule is that you provide written documentation that you were PARTICIPATING in an official university
function (athletic event, band concert, etc) In that situation, there is still no make up quiz, but instead of getting a
zero, the grade you make on the final exam will be your grade for the quiz that was missed. Please bring written
documentation the day you return to class, not a month later. Everyone will be allowed to drop their 2 lowest
grades. The remaining quiz grades will count 30% (150/500) of the course grade.
KEEP THE QUIZZES AFTER THEY ARE RETURNED
There are 2 reasons why:
1. Questions that are asked on the quizzes frequently appear on exams.
Therefore, you’ll have the quizzes to use in preparing for the exams.
2. In case an error is made in recording a grade, you can prove what grade you made.
For example, if you made 95 and it was recorded in the grade book as a 59, that
error could be easily corrected if you kept the quiz. Otherwise, you just lost 40