UNIVERSITY OF SANTO TOMAS

UST - ALFREDO M. VELAYO COLLEGE OF ACCOUNTANCY

TABLE OF SPECIFICATIONS
Course: CA5107-COST ACCOUNTING & CONTROL Academic Year: 2023-2024
Assessment: Preliminary Examination Term: Second

Lesson C1 C2 C3 C4 C5 C6 Theory Problem Total

Module 1 - Introduction to Cost
Management
▪ Cost Concepts and Classification 2 2 2
▪ Income Statement for Manufacturing 2 2 2
▪ Journal Entries using Actual Costing
1 1 1 1
▪ System
Module 2 - Cost Behavior
▪ Methods of Dividing Mixed Costs
Least Square and Scatter graph 1 1 1
High-Low Method 1 1 1
Module 3 - Accounting for Manufacturing
Overhead
• Computation of Predetermined OH rate
using different allocation bases- 2 2 2 2 4
Plantwide and Departmental
• Use of Alternative Capacity Levels-
Theoretical, Practical, Expected, and 1 1 1
Normal
• Disposition of Over- and Under-applied
Overhead variances under Normal 2 2 2 2 4
Costing System
• Allocation of Support or Common costs
to Producing Departments– Direct, Step, 1 3 1 3 4
and Algebraic Method
Module 3 - Activity-Based Costing

UST:A016-00-FO52 rev01 10/04/22

2F, Albertus Magnus Bldg., UST, España Boulevard, Sampaloc, Manila, Philippines, 1015
Telephone: +632 34061612 | +632 34061611 local 8812 / 4465 | e-mail: college.accountancy@ust.edu.ph
Website: http://www.ust.edu.ph/accountancy/ | Facebook: https://www.facebook.com/ustamvcoa2005/
 UNIVERSITY OF SANTO TOMAS
UST - ALFREDO M. VELAYO COLLEGE OF ACCOUNTANCY

Lesson C1 C2 C3 C4 C5 C6 Theory Problem Total

• Limitations of plantwide and 1 1 1
departmental overhead rates
• Classifying Activities - Unit-level,
activities, Batch-level activities, Product- 2 1 2 1 3
level activities, & Facility-level activities
• Assigning costs to activities 1 1 1 1 2
• Computation of product and selling price 1 1 1 1 2
cost using activity-based costing
Module 4 - Job-Order System Cost Flow
• Source Documents in Job Order Costing 1 1 1
• Journal Entries Under Normal Costing 2 3 2 3 5
System
Module 4 – Losses under Job Order Costing
• Accounting for Scrap and Waste 1 1 1 1 2
• Accounting for Spoilage 1 1 1 1 2
• Accounting for Defective Work 1 1 1 1 2
**Nothing Follows***
Total Items 20 20
Point Per Item 2.0 3.0
Total 40 60 100

The table of specifications and the assessment instrument were prepared, reviewed, and approved by the following academic staff:

Prepared by: Reviewed by:

RICHMOND CRUZ

Dr. FE R. OCHOTORENA
(Signature over printed name of academic staff) (Signature over printed name of the cluster head)
Date: 2/3/2024 Date:

UST:A016-00-FO52 rev01 10/04/22

2F, Albertus Magnus Bldg., UST, España Boulevard, Sampaloc, Manila, Philippines, 1015
Telephone: +632 34061612 | +632 34061611 local 8812 / 4465 | e-mail: college.accountancy@ust.edu.ph
Website: http://www.ust.edu.ph/accountancy/ | Facebook: https://www.facebook.com/ustamvcoa2005/
 UNIVERSITY OF SANTO TOMAS
UST - ALFREDO M. VELAYO COLLEGE OF ACCOUNTANCY

Approved by:
ELISEO R. PANGANIBAN III
(Signature over printed name of the Chairperson
Date

Appendix
Course Intended Learning Outcomes CILO Higher or Lower Order?
Number
C1 Apply the basic cost management concepts in
terms of cost identification, classification,
allocation/measurement, cost control, and cost Lower Order
accumulation process.

C2 Compute product cost of direct materials,

direct labor, and manufacturing overhead using
actual,
Higher Order
normal, and standard costing systems and
prepare necessary journal entries.

C3 Compute factory overhead costs using

traditional, support department cost allocation,
and Higher Order
activity-based costing.

C4 Prepare financial statements and supporting

schedules for the manufacturing business. Higher Order

C5 Prepare job-order cost sheet, cost of production

report, and the necessary journal entries for a
Higher Order
manufacturing type of business.

C6 Analyze joint costs and variances under joint

process and standard costing system including
Higher Order
the
relevant journal entries.

UST:A016-00-FO52 rev01 10/04/22

2F, Albertus Magnus Bldg., UST, España Boulevard, Sampaloc, Manila, Philippines, 1015
Telephone: +632 34061612 | +632 34061611 local 8812 / 4465 | e-mail: college.accountancy@ust.edu.ph
Website: http://www.ust.edu.ph/accountancy/ | Facebook: https://www.facebook.com/ustamvcoa2005/
 UNIVERSITY OF SANTO TOMAS
UST - ALFREDO M. VELAYO COLLEGE OF ACCOUNTANCY

UST:A016-00-FO52 rev01 10/04/22

2F, Albertus Magnus Bldg., UST, España Boulevard, Sampaloc, Manila, Philippines, 1015
Telephone: +632 34061612 | +632 34061611 local 8812 / 4465 | e-mail: college.accountancy@ust.edu.ph
Website: http://www.ust.edu.ph/accountancy/ | Facebook: https://www.facebook.com/ustamvcoa2005/