Course Description |
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Course Name |
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Advanced Cost Analysis and Control |
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Course Code |
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EM-563 |
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Course Type |
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Optional |
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Level of Course |
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Second Cycle |
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Year of Study |
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1 |
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Course Semester |
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Fall (16 Weeks) |
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ECTS |
: |
6 |
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Name of Lecturer(s) |
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InstructorDr. ZAHİDE FİGEN ANTMEN |
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Learning Outcomes of the Course |
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Learns the structure of the cost accounting system, becomes aware of the establishment and operation. Learns how to detect the solution to the problems encountered in cost analysis.
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Mode of Delivery |
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Face-to-Face |
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Prerequisites and Co-Prerequisites |
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None |
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Recommended Optional Programme Components |
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None |
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Aim(s) of Course |
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This course aims to analyze and evaluate the activities carried out and provide students with the information about the costs of operation of products and their analysis. |
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Course Contents |
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The course begins on the basic issues of cost analysis. It includes determining the costs of products sold, the cost of the systems, and detailed cost difference analysis |
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Language of Instruction |
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Turkish |
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Work Place |
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IE classroom |
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Course Outline /Schedule (Weekly) Planned Learning Activities |
| Week | Subject | Student's Preliminary Work | Learning Activities and Teaching Methods |
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1 |
Cost and cost-related basic concepts to be learned. |
None |
Powerpoint slides, theorotical approaches and brain storming |
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2 |
Determining the costs of direct material |
Reading material related to the topic |
Powerpoint slides, theorotical approaches and brain storming |
|
3 |
Determination of direct labor costs |
Reading material related to the topic |
Powerpoint slides, theorotical approaches and brain storming |
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4 |
Determination of the overall manufacturing costs |
Reading material related to the topic |
Powerpoint slides, theorotical approaches and brain storming |
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5 |
Beginning of the period and a final determination of semi-finished inventory costs |
Reading material related to the topic |
Powerpoint slides, theorotical approaches and brain storming |
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6 |
Calculation of the cost of finished goods produced |
Reading material related to the topic |
Powerpoint slides, theorotical approaches and brain storming |
|
7 |
Beginning of the year and made the final determination of inventory costs |
Reading material related to the topic |
Powerpoint slides, theorotical approaches and brain storming |
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8 |
Mid term Exam |
Exam preparation |
Measuring and evaluation |
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9 |
Calculation of cost of goods sold |
Reading material related to the topic |
Powerpoint slides, theorotical approaches and brain storming |
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10 |
Order costing |
Reading material related to the topic |
Powerpoint slides, theorotical approaches and brain storming |
|
11 |
Order costing model practises |
Reading material related to the topic |
Powerpoint slides, theorotical approaches and brain storming |
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12 |
Process Costing |
Reading material related to the topic |
Powerpoint slides, theorotical approaches and brain storming |
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13 |
Process Costing |
Reading material related to the topic |
Powerpoint slides, theorotical approaches and brain storming |
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14 |
Process Costing model practise |
Reading material related to the topic |
Powerpoint slides, theorotical approaches and brain storming |
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15 |
General Practices |
Reading material related to the topic |
Powerpoint slides, theorotical approaches and brain storming |
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16/17 |
Final Exam |
Exam preparation |
Measuring
and evaluation |
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| Contribution of the Course to Key Learning Outcomes |
| # | Key Learning Outcome | Contribution* |
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1 |
Understand, interpret and apply knowledge in his/her field domain both in-depth and in-breadth by doing scientific research in industrial engineering. |
3 |
|
2 |
Acquire comprehensive knowledge about methods and tools of industrial engineering and their limitations. |
4 |
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3 |
Work in multi-disciplinary teams and take a leading role and responsibility. |
5 |
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4 |
Identify, gather and use necessary information and data. |
4 |
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5 |
Complete and apply the knowledge by using scarce and limited resources in a scientific way and integrate the knowledge into various disciplines. |
3 |
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6 |
Keep up with the recent changes and applications in the field of Industrial Engineering and analyze these innovations when necessary. |
4 |
|
7 |
Work in multi-disciplinary teams, take a leading role and responsibility and develop solutions for complex problems. |
4 |
|
8 |
Analyze Industrial Engineering problems, develop innovative methods to solve the problems. |
3 |
|
9 |
Have the ability to propose new and/or original ideas and methods in developing innovative solutions for designing systems, components or processes. |
4 |
|
10 |
Design and perform analytical modeling and experimental research and analyze/solve complex matters emerged in this process. |
3 |
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11 |
Follow, study and learn new and developing applications of industrial engineering. |
4 |
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12 |
Use a foreign language in verbal and written communication at least B2 level of European Language Portfolio. |
3 |
|
13 |
Present his/her research findings systematically and clearly in oral and written forms in national and international platforms. |
3 |
|
14 |
Understand social and environmental implications of engineering practice. |
4 |
|
15 |
Consider social, scientific and ethical values in the process of data collection, interpretation and announcement of the findings. |
4 |
| * Contribution levels are between 0 (not) and 5 (maximum). |
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