introduction to managerial accounting acct 206 spring ... · introduction to managerial accounting...
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Introduction to Managerial Accounting ACCT 206
Spring Semester, 2016
Instructor: Dr. David Koeppen Office MBEB 3254
Office Hours: MW: 10:30 a.m. – 11:50 a.m. TTH: 10:00 – 2:00 p.m. W: 3:00-4:30 p.m.
Other hours by appointment.
Phone: 426-3841 (Office) E-mail: [email protected] Required Texts: Managerial Accounting, 4th Edition, by Braun & Tiegs. COBE Core Objectives:
Understand and apply analytical and disciplinary concepts and methods related to business and economic
including accounting, economics, finance, information technology legal environment of business, management
and mathematics and statistics.
Communicate effectively:
1. Write documents that are clear, concise and compelling.
2. Give oral presentations that use effective content, organization and delivery.
Solve problems, including unstructured problems, related to business and economics.
Use effective team work and collaboration skills.
Resolve ethical issues related to business and economics.
Desired Course Educational Outcomes:
• Students should be able to understand basic managerial and cost accounting concepts such as cost-volume-
profit, budgeting, product costing and cost behaviors.
• Students should be able to explain and utilize cost behaviors and cost systems in a decision-making context.
• Students should be able to prepare, use and evaluate budgetary data.
• Students should be able to generate and use cost information when making pricing and resource allocation
decisions.
• Students should be able to explain cost allocation and its importance in decision-making.
• Students should be able to evaluate capital expenditure decisions using discounted cash flow.
• Students should be able to recognize ethical dilemmas as they occur in managerial accounting.
Outcome Assessment:
Evaluation of the student’s understanding of managerial accounting will primarily involve homework,
examinations, and classroom participation. Examinations will be used to evaluate written communication
skills and discussion of homework/class participation will be used to evaluate oral communication skills.
Grading: Examination 1 100 points Examination 2 100 Examination 3 100
Final examination 150 Budget project 50
Homework 50 Total 550 points
Points Percent
Grade High Low High Low
A 550 495 100 90
B 494 440 89.9 80
C 439 385 79.9 70
D 384 330 69.9 60
F 329 0 59.9 0
Plus grades will be awarded to the top 2% in each grade category (A through D) and minus
grades will be assigned to the bottom 2% in each grade category (A through D).
Examinations: Three mid-term examinations will be held on the dates noted on the assignment sheet. The
final examination is scheduled for Wednesday, May 4, from 5:30 – 7:30 p.m. and will
include a comprehensive section. All students must take all tests! No late or makeup
examinations will be given!
Budget project: This project will be distributed in conjunction with chapter 9 and will require the
preparation of a comprehensive budget using Excel. Cases must be completed in groups of
two or three students (individual projects receive an automatic 10-point deduction) and are
due on Wednesday, April 20 at the beginning of class. A printed copy is to be submitted in
class and a copy of the worksheet file e-mailed to the instructor. Any file that contains a
virus will result in a grade of zero on the project!
Homework: Homework will be collected at the end of the period in which the cases, exercises, or problems are
covered in class. For each assigned case, exercise, or problem not submitted, one point will be
deducted from the student’s score. Homework submitted late will result in a one-half point
deduction. For each ten items turned in late, or not turned in at all, the student’s grade will be
reduced by one letter grade. It is YOUR responsibility to complete all assigned homework prior
to the beginning of class. Students not completing homework in a timely manner should
not expect to do well on examinations or other assignments.
Attendance & It is YOUR responsibility to attend class. Students choosing not to attend class on a
Participation regular or timely basis should not expect to do well and should be prepared to suffer
the consequences. Since classroom discussion greatly enhances the learning experience, it
is essential each and every student participate. The instructor reserves the right to raise (or
lower) a student’s mathematically derived grade by one letter grade based upon his
perception of a high (low) level of participation.
Please be considerate of your fellow students by arriving on time—before the
instructor begins class!
Cell Phones: The use of cell phones in class for any reason will not be tolerated. Checking messages, texting,
tweeting, surfing, etc. during class will result in immediate expulsion for the day!
Academic Cheating or plagiarism will not be tolerated in any form. If cheating or
Dishonesty: plagiarism are discovered, the student(s) involved will receive a zero on the
item to be submitted for grading.
Other: The instructor reserves the right to use quizzes or other methods of examining
student knowledge as he considers necessary in the circumstances. These items
may increase the total number of points possible.
Introduction to Managerial Accounting I ACCT 206
Spring Semester, 2016
Date Topic Chapter Problem Assignment
Jan. 13 Introduction 1 --
Managerial accounting 2 E2-21A, E2-25A, E2-26A, E2-28A.
20 P2-44A, P2-46A.
Job order costing 3 E3-16A, E3-20A, E3-24A, E3-25A.
25 Last day to withdraw! -- --
27 P3-48A, P3-49A.
ABC costing 4 E4-17A, E4-18A.
Feb. 3 P4-43A.
Examination I --
10 Review exam --
Cost behavior 6 E6-21A, E6-26A, E6-27A, E6-28A, E6-37A.
17 P6-59A, P6-62A.
Cost-volume-profit 7 E7-19A, E7-20A, E7-32A, E7-37A.
24 P7-61A, P7-63A.
Relevant costs 8 E8-16A, E8-19A, E8-21A, E8-25A.
March 2 P8-42A, P8-47A, P8-46A.
Examination II --
9 Review exam --
The Master Budget 9 E9-17A, E9-27A, E9-21A, E9-23A, E9-28A.
16 Performance evaluation 10 P9-54A; E10-18A, E10-24A.
18 Last day to drop -- --
23 Spring Break! -- --
30 Performance evaluation 10 E10-21A, E10-23A, E10-22A, P10-47A.
April 6 Examination III -- --
Stand. costs & variances 11 E11-17A, E11-21A, E11-26A.
13 Review exam --
E11-27A, E11-28A, E11-29A, E11-30A.
20 Budget project due!!! P11-52A. E12-24A, E12-25A, E12-26A,
Capital budgeting 12 E12-27A, E12-28A, E12-18A, E12-19A,E12-21A.
27 P12-54A, P12-56A, A12-65.
Review --
Wednesday, May 4 Final Examination, 5:30 – 7:30 p.m.