| Course Description |
|
| Course Name |
: |
Cost Accounting I |
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| Course Code |
: |
MG 363 |
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| Course Type |
: |
Optional |
|
| Level of Course |
: |
First Cycle |
|
| Year of Study |
: |
3 |
|
| Course Semester |
: |
Fall (16 Weeks) |
|
| ECTS |
: |
4 |
|
| Name of Lecturer(s) |
: |
Asst.Prof.Dr. ELİF NURSUN DEMİRCİOĞLU
Prof.Dr. VEYİS NACİ TANIŞ
|
|
| Learning Outcomes of the Course |
: |
Define cost accounting and importance of accounting information process
Explain concepts of revenues, income, profit, payment, expenditure, loss and cost.. etc. Recognize the difference between these concepts by giving examples
Clarify various aspects of accounting and explain the goals of this class
Arrange the table of cost of sales and income according to the information of cost accounting
Define factors which influence cost accounting systems
Do cost analysis
Calculate unit cost
|
|
| Mode of Delivery |
: |
Face-to-Face |
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| Prerequisites and Co-Prerequisites |
: |
None |
|
| Recommended Optional Programme Components |
: |
None |
|
| Aim(s) of Course |
: |
The aim of this course is to familiarize the students with basic principles and concepts about cost accounting. |
|
| Course Contents |
: |
Cost of raw materials and supplies, production cost order, cost system process, costing system. |
|
| Language of Instruction |
: |
Turkish |
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| Work Place |
: |
block 3 |
|
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Course Outline /Schedule (Weekly) Planned Learning Activities |
| Week | Subject | Student's Preliminary Work | Learning Activities and Teaching Methods |
|
1 |
Basic information and concepts |
Reading material related to the topic |
presentation and problem solving |
|
2 |
Cost types and classification |
Reading material related to the topic |
presentation and problem solving |
|
3 |
Cost of raw materials and supplies |
Reading material related to the topic |
presentation and problem solving |
|
4 |
Material movement and inventory valuation process |
Reading material related to the topic |
presentation and problem solving |
|
5 |
Direct and indirect labor expences and pay system |
Reading material related to the topic |
presentation and problem solving |
|
6 |
Pay system - determining labor expenses |
Reading material related to the topic |
presentation and problem solving |
|
7 |
Production cost |
Reading material related to the topic |
presentation and problem solving |
|
8 |
Mid-term Exam |
Exam Preparation
|
Measuring and evaluation |
|
9 |
Allocating production cost |
Reading material related to the topic |
presentation and problem solving |
|
10 |
Allocating production cost |
Reading material related to the topic |
presentation and problem solving |
|
11 |
Order cost system |
Reading material related to the topic |
presentation and problem solving |
|
12 |
Process costing system |
Reading material related to the topic |
presentation and problem solving |
|
13 |
Process costing system |
Reading material related to the topic |
presentation and problem solving |
|
14 |
Examples, cost of sales and income statement |
Reading material related to the topic |
presentation and problem solving |
|
15 |
examples |
Reading material related to the topic |
presentation and problem solving |
|
16/17 |
final exam |
Exam Preparation |
Measuring and evaluation |
|
|
| Contribution of the Course to Key Learning Outcomes |
| # | Key Learning Outcome | Contribution* |
|
1 |
Explain the importance of demand and supply in economy science and the well-running conditions of the market economy |
1 |
|
2 |
Define the role of pricing within the event advantage of the market economy. |
1 |
|
3 |
Define the role of the state in economy, money and financial policies, the central bank and the structure of the market. |
1 |
|
4 |
Perceive the costs and benefits arising from the global economy |
1 |
|
5 |
Produce numerical and policy options when confronted with problems. |
5 |
|
6 |
Use quantitative and qualitative techniques of model building, decoding and interpretation. |
1 |
|
7 |
Use the theory of economics in the analysis of economic events. |
1 |
|
8 |
Use computer programs, do synthesis and present prepared data efficiently. |
1 |
|
9 |
Apply the methods of economic analysis. |
1 |
|
10 |
Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems |
5 |
|
11 |
Take responsibility individually and / or in a team, take leadership and work effectively. |
5 |
|
12 |
Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself.. |
5 |
|
13 |
Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. |
3 |
|
14 |
Use Turkish and at least one foreign language in accordance with the requirements of academic and work life. |
4 |
|
15 |
Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language. |
3 |
|
16 |
Question traditional attitudes, applications and methods, develop and apply new methods when needed. |
4 |
|
17 |
Recognize and apply social, scientific and professional ethical values. |
4 |
| * Contribution levels are between 0 (not) and 5 (maximum). |
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