| Course Description |
|
| Course Name |
: |
Cost Analysis And Control |
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| Course Code |
: |
ENM331 |
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| Course Type |
: |
Compulsory |
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| Level of Course |
: |
First Cycle |
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| Year of Study |
: |
3 |
|
| Course Semester |
: |
Fall (16 Weeks) |
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| ECTS |
: |
4 |
|
| Name of Lecturer(s) |
: |
InstructorDr. ZAHİDE FİGEN ANTMEN
|
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| Learning Outcomes of the Course |
: |
To be able to define cost accounting and importance of accounting information process
To be able to explain concepts of revenues, income, profit, payment, expenditure, loss and cost.. etc. To be able to recognize the difference between these concepts by giving examples
To be able to clarify varios aspects of acoounting and explain the goals of this class
To be able to arrange the table of cost of sales and income according to the information of cost accounting
To be able to define factors which influence cost accounting systems
To be able to do cost analysis
To be able to calculate unit cost
Shipping cost carriers and distribution phase, costing systems, understand the issues and learn the indirect costs
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| Mode of Delivery |
: |
Face-to-Face |
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| Prerequisites and Co-Prerequisites |
: |
None |
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| Recommended Optional Programme Components |
: |
None |
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| Aim(s) of Course |
: |
To develop an understanding of the creation and identification of costs. Students are expected to have enough knowledge about calculating goods and service cost. Understanding process and job order costing system. Assigning indirect cost to cost centers. |
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| Course Contents |
: |
The basic concepts of cost accounting, goods / services, and the unit costs of mass production, the cost calculation methods, cost accounting to teach modern developments. |
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| Language of Instruction |
: |
Turkish |
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| Work Place |
: |
Industrial Engineering Classrooms |
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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 sources related to the subject |
Presentations and problem solving |
|
2 |
Classification of Costs-Fixed Costs, Variable Costs, Joint Costs |
Reading sources related to the subject |
Presentations and problem solving |
|
3 |
Cost Systems, Financial Statements |
Reading sources related to the subject |
Presentations and problem solving |
|
4 |
Types of cost, the raw material costs and labor costs |
Reading sources related to the subject |
Presentations and problem solving |
|
5 |
Material Costs-Direct-Indirect Distinction |
Reading sources related to the subject |
Presentations and problem solving |
|
6 |
Economic Ordering Quantity, Inventory Control, Inventory Control Methods |
Reading sources related to the subject |
Presentations and problem solving |
|
7 |
Types of cost- General Production Costs |
Reading sources related to the subject |
Presentations and problem solving |
|
8 |
General Production Costs deployment issues |
Reading sources related to the subject |
Presentations and problem solving |
|
9 |
Mid-term Exam |
Exam Preparation |
Measuring and evaluation |
|
10 |
Order cost system |
Reading sources related to the subject |
Presentations and problem solving |
|
11 |
Order cost system-continuation |
Reading sources related to the subject |
Presentations and problem solving |
|
12 |
Process costing system |
Reading sources related to the subject |
Presentations and problem solving |
|
13 |
Process costing system-continuation |
Reading sources related to the subject |
Presentations and problem solving |
|
14 |
Examples, cost of sales and income statement |
Reading sources related to the subject |
Presentations and problem solving |
|
15 |
Examples |
Reading sources related to the subject |
Presentations and problem solving |
|
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* |
|
1 |
Can collect and analyze data required for industrial engineering problems ,develops and evaluates alternative solutions. |
3 |
|
2 |
Has sufficient background on topics related to mathematics, physical sciences and industrial engineering. |
2 |
|
3 |
Gains ability to use the acquired theoretical knowledge on basic sciences and industrial engineering for describing, formulating and solving an industrial engineering problem, and to choose appropriate analytical and modeling methods. |
4 |
|
4 |
Gains ability to analyze a service and/or manufacturing system or a process and describes, formulates and solves its problems . |
4 |
|
5 |
Gains ability to choose and apply methods and tools for industrial engineering applications. |
3 |
|
6 |
Can access information and to search/use databases and other sources for information gathering. |
5 |
|
7 |
Works efficiently and takes responsibility both individually and as a member of a multi-disciplinary team. |
3 |
|
8 |
Appreciates life time learning; follows scientific and technological developments and renews himself/herself continuously. |
3 |
|
9 |
Can use computer software in industrial engineering along with information and communication technologies. |
3 |
|
10 |
Can use oral and written communication efficiently. |
3 |
|
11 |
Has a conscious understanding of professional and ethical responsibilities. |
3 |
|
12 |
Uses English skills to follow developments in industrial engineering and to communicate with people in his/her profession. |
2 |
|
13 |
Has a necessary consciousness on issues related to job safety and health, legal aspects of environment and engineering practice. |
4 |
|
14 |
Becomes competent on matters related to project management, entrepreneurship, innovation and has knowledge about current matters in industrial engineering. |
4 |
| * Contribution levels are between 0 (not) and 5 (maximum). |
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