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University of Washington Bothell

Cost Accounting BBUS 373 -- Spring 2013 Instructor: P.K.Sen Office: UW1-132 Phone: 425-352-5432 Email: Black Board Course Website ROOM Sec A: UW1 021 Sec B: UW1 110 Sec C: UW1 221 Sec A: 08:45-10:45 Sec B: 13:15-15:15 Sec C: 17:45-19:45 Mon, June 10, In your class hours M W 11:00 –12, 3:30-5:30 and by appointment The details will be notified in the class.


FINAL EXAM OFFICE HRS Teaching Assistant I.

Objectives: This course aims to introduce to you how to identify, analyze and report cost information to managers who can use it for strategy formulation, decision making and management control. It is user oriented because you need to understand the user’s needs if you are to serve the users effectively. Managers use cost information for planning and decision making, for economic evaluation of business activities, for product costing and for performance evaluation and control of subordinates. Besides “how to”, this course will often go beyond the textbook to ask the question why we adopt a certain technique and its usefulness. A major goal, therefore, is to develop knowledge of both relevance and limitations of accounting data to internal management and how to combine non-financial data with costs and other accounting information for decision making and control. Specifically, you will develop skills to prepare and interpret cost reports under different cost systems, understand how to evaluate information for their relevance for decision making, evaluate performance of a production system’s consumption of resources, use cost allocation methods for product costing and incentives reasons, and develop a rudimentary knowledge of management control systems. II. Structure of the Course and Pedagogy: This course builds significantly on the knowledge you acquired in the Introductory Managerial Accounting Course, B BUS 221. Therefore, you will do well to refresh your memory of the concepts and techniques you learned in that class. We will offer a brief review of those concepts and build upon those concepts and further develop our analysis based on those

Srikant Datar and Madhav Rajan (HDR). and this class schedule. The lectures will be based on the assigned readings and the "Class Problems" mentioned in the syllabus. The course has a Black Board web site that has the copies of slides used in the lectures. supplemental readings and the cases. You may get 1. I 2 . cases that are not from the book will be made available through Black Board. Textbook and Readings: Cost Accounting: A Managerial Emphasis. V. A class schedule with a list of topics to be covered follows. The actual PowerPoint slides used in class presentation will not be stored at the web site. Feel free to try out some other problems. the ones not done should be done by you at home. VI. ½ or 0 on each problem based on your efforts. and a set of problems to be prepared. The most important page is this syllabus page.concepts. The class meets for two hours twice a week. I strongly recommended that you form study groups at the end of the first class meeting. We will solve these problems in the class. Prentice Hall. as there are many excellent problems at the back of the chapters. A study group should consist of no more than five individuals and no less than four individuals. You should go over the problems mentioned in the syllabus to become familiar with the facts. 14th edition. III. Harvard Case: Camelback Communication Product No: 185179-PDF-ENG Supplemental readings. You have the option of purchasing a Myaccounting lab code from the publisher along with the textbook to help you practice some extra problems. http://www. I trust you to attempt more of these problems for extra practice as you may feel necessary. There are various options with supplements available at the publisher’s website that you should consider carefully. Homework: Homework Problems are due on the day mentioned in the syllabus.mypearsonstore. Please note that the back of the chapter problems are a good source for extra practices. Case Analysis: Written analysis of the cases (one per group) are due on the day the case is assigned. IV. Horngren. (Required). by Charles T. For each class. You need to submit at least one homework problem for each assignment set (15 in all) and you can get at most one point per submission if you are approach is substantially correct. You should do all the problems mentioned in the syllabus and although most will be done in the class. there are assigned readings. mostly chapters from the textbook. It may be a good idea to bring a set of printouts of the day's lecture notes to the class to minimize your note taking. Blackboard Resources This course assumes some familiarity with Excel. The copies of PowerPoint slides in PDF format is available to you and you can view and print them using Acrobat reader. The group (case) assignments are due on the days when we discuss the case as indicated in the syllabus. which summarizes the useful information. You would need to work in groups for the case analyses.

Is the participant a good listener? 2. Typically a good executive summary is written last. you should spend some time to identify the main issues and clearly outline the logic of your analysis by referring to the supporting tables and numbers that you would generate. a cogent recommendation of action is worth one point. the readability. However. conclusion and recommendation. Video Case: The video case is a short video segment prepared specifically for instructional purposes. You should review the questions and come prepared to discuss the questions presented in the syllabus. Finally. No submissions are needed for the video case. You may have the correct numbers. You should carefully prepare an executive summary (within 99 words) to summarize your analysis and recommendation. Analysis presented in the supplemental tables is worth one point. Each case analysis is worth 5 points. how much do you contribute to understanding. No matter what. correct numbers do not mean anything. The executive summary is not an introduction. You must present an analysis of the problem and explanation of the numbers and presentation of the inherent logic that is worth one point. Do not summarize the case facts. Are the points made relevant to the discussion and are they linked to the comments of 3 . but when you participate. We shall watch this case in the class and discuss the questions related to the case as mentioned in the syllabus. but to your opinion what is the problem facing the company and why. Oftentimes you learn more from your peers than from any other source. VII. Not to summarize the case facts. Only one case write-up needs to be prepared per group. What is important is not how long or how frequent you participate. There are questions in the syllabus that should guide you towards your analysis although you are free to identify more pressing issues for the case. You are required to submit a written summary of the class discussion and your group’s critique on the proceedings on the next class meeting. On this count. You should come prepared to discuss the cases and keep a copy with you to facilitate discussions. Grading Rubrics for Case Analysis: A short and concise executive summary (99 words) is worth one point. It is the summary of your analysis. IX. Please keep a copy of the case write up with you so that you may participate in the class discussions. meaningful participation requires adequate preparations for the class. These recommendations should follow from your analysis and should clearly indicate why you are making the recommendation. You should devote a short paragraph on problem identification. best four counts. Please note that there are three cases for which you are required to prepare the written analysis. Some criteria for effective class participation are: 1. You recommendations should clearly follow from your analysis.expect no more than three pages of write-up and no more than two pages of supporting tables and numbers. content and presentation counts as much as the accuracy of analysis. Your analysis should follow from your problem identification and clearly mention all the assumption you made. Communication and Class Participation: Class participation is essential to learning. but unless you can explain what these numbers mean and why you believe these numbers are meaningful. This is worth one point. VIII.

one midterm and one final. others? Do the comments show evidence of analysis? Or. Incompletes will be limited to the circumstances where satisfactory progress is evident and there is a legitimate inability to complete the work (i. I reserve the right to assign A to any superior performance even if it is less than 90%. The practice of ethical behavior must start in the classroom. Any violation of academic integrity will be addressed according to the specified policies. 6. 4 . For any informal withdrawals from the course. Academic Integrity and Honor Code: Students are expected to adhere to the standards of academic integrity in the performance of their course work. 4. Resignation.. Accountants are expected to be the standard bearers of ethics in the companies.3. X. Registration. the school=s policy will be strictly followed. Please see the relevant official publications if you have any questions regarding issues involving academic integrity. However. are these simply a `rehash' of the case facts or someone else’s comments? Is there a willingness to participate? Do comments clarify and highlight the important aspects of earlier comments or points covered earlier in class and link the comments to concepts being developed? Do the comments attempt to link the case facts to the concepts learned? Course Grade and Exams: There will be two short quizzes.e. 5. the knowledge of the first part will be necessary to answer the final only be one final exam. XII. The final grade will be based on: Final Exam Midterm Exam Case Analyses (Group) (best 4 out of 5) Quizzes Homework Class Participation Total 25% 25% 20% 10% 15% 5% 100% The letter grading will be based on relative performance but a 90% overall score is guaranteed an A. Though the final is not cumulative. and Incomplete: Please follow the school calendar for official registration and withdrawal dates. XI. take an exam) within the official time period of the course.

27. 6-33 due May 8 Home Work April 1 April 3 April 8 April 10 Ch 3 April 15 April 17 April 22 April 24 Estimation of Cost Function and further Analysis with the Break Even Model: Operating Leverage 3-25. 37.34.32 Chs 10. 26 8-25.XIII. 27. 31. 33.35 due May 20 5-25. 35 Due april 30 11-29. 39 due May 15 Group Assignment: Mountainview PSRO due today 9-18. Vermont Teddy Bear 5-24.28 due May 29 16-16. 12-18.12 Ch 6 Ch 7 Reading: Martin and Loughlin 1988 (Issues in Accounting Education) May 8 Flexible Budgets and Variences 7-18. 14-27.29. 46. 27.35 Ace Company 6-30. 25. 31 14-18. 34 due May 22 15-19. 29 12-16. 44 Chs 4. 2 4-20.21 due June 3 May 13 May 15 May 20 May22 May 27 May 29 June 3 June 5 June 10 Standard Cost and Variances Absorption and Variable Costing: Inventory Costing Methods Cost Allocation. 29.12 April 30 May 1 May 6 Review: Decision Making with Cost Information Mid Term Exam Budgeting. 20 due May 1 Group Assignment: Ace Company due today 6-27. 31 Mountainview PSRO 9-23. 17. 25. 14-32. 17 4-32. 34. 4-30. Profit Planning and Management Control Chs 11. 31. 22. 32 due May 13 8-28. 26. 17-16 Camelback Communication 3-38. 17-18 due April 10 Group Assignment: Camelback Communication due today 3-23.39. 43 due April 17 Group Assignment: Vermont Teddy Bear due today 5-33. due april 15 3-35.4-23. 3 Ch 5 Ch 5 Chs 11. Customer Profitability and Sales Variances Quiz 2: Allocation of Common Costs Memorial Day Allocation of Joint Cost and further processing decision Catch up and Review Review Final Exam Ch 7. Review: Job order and Process Costing Case Analysis Review of Break Even Analysis Class Problems Reading Assignment Chs 1. 16-19 7-24. 24. 20. 30. Schedule of Topics and Reading Assignments: Topics Review of Fundamentals of cost systems and cost categories.8 Ch 9 Ch 14 Ch 15 Ch 16 5 . Activity Based Costing I Video Case: Apple Mackintosh Activity Based Costing II Quiz 1: Review: Decision Making with Cost Information Ajax Manufacturing 11-16. 38 due April 24 Group Assignment: Ajax Manufacturing due today 11-19. 32. 14-22.33 15-16.