Business Administration 2221 – Introduction to Managerial Accounting
Fall Semester- 2008
Offline Section 30
Instructor:
David C. Layne
Office:
G2G
Office hours: M - F 11:00 A.M. – 5:00 P.M., unless in class, or by appointment
Phone:
(661) 763-7931
E-mail:
dlayne@taft.org
Prerequisites: BSAD 2220 (Formerly BSAD 1A) Introduction to Financial Accounting
Advisory:
Eligibility for English 50 and 54/Business 50 or 52A strongly
recommended; 64 hours lecture.
Units:
4 semester credits
Class Meets: August 25 - December 19, 2008
Course Description:
Business Administration 2221 (formerly BSAD 1B) is a foundation course in managerial
accounting principles. Areas covered include study of the basic features of internal
reporting systems, cost system designs, cost management and strategic management with
an emphasis on business decision making.
Course Objectives:
By the end of this semester course, students will be able to:
1. Define and apply managerial accounting principles to business transactions.
2. Apply the basic principles and concepts of management accounting for
business decision making.
3. Define the job order cost system and make correct entries using the system.
4. Distinguish the process cost system and apply its principles to a manufacturing
concern.
5. Explain and properly determine cost systems, cost behaviors, and cost
relationships.
6. Define variable costing systems and create specialized cost statements.
7. Describe and create budgets for manufacturing operations.
8. Describe the processes used in standard cost systems and properly record
entries using a standard cost system.
9. Describe elements in the responsibility accounting system and make proper
accounting entries under the system.
10. Define investment centers and be able to determine rates of return, residual
income, and the DuPont formula.
11. Define and apply the principles of differential analysis and product pricing.
12. Perform capital investment analysis.
13. Define and properly classify transactions using cost allocation and activitybased cost systems.
14. Define and record transactions under a just-in-time environment.
15. Evaluate and solve problems using management decision making strategies.
Required Materials:
Rental Text: Warren, Carl S., and Reeve, James M., Financial & Managerial
Accounting, 9th Ed., Ohio: Thomson South-Western., 2007, ISBN-13: 978-0-324-401882. As of the Fall Semester, the rental fee for this text was $31.35 plus tax (please be aware
that the prices are subject to change Spring Semester). All rental agreement policies will be
explained at the Taft College bookstore.
Purchase Study Guide: Warren, Carl S., and Reeve, James M., Study Guide 16-27, 9th
Ed. Ohio: Thomson South-Western., 2007, ISBN-13: 978-0-324-64805-8. The purchase
price for this text is $29.75 plus tax from the Taft College bookstore.
Recommended Materials:
Accounting tutorial VHS tapes are available for viewing in the LRC, TCI labs and on the
college web.
Grading:
Your grade will be calculated on a total point system. There will be 1750 points possible
for the semester, allocated in the following manner:
•
•
•
Homework- 10 @ 50 points each
Chapter Exams- 10@ 100 points each
Accounting Topic Paper- 1 @ 250 points
TOTAL POINTS POSSIBLE:
500
1000
250
1750
Homework:
Homework is taken from your Study Guide that accompanies our text. Each chapter will
have homework and may include the True and False section, the multiple choice section,
the Matching section, and the exercise section. Please pay careful attention to the
assignments on the syllabus to make sure you do the assigned work. To receive full credit
for homework, a student must complete all the assigned work which includes showing
all the computational steps necessary to solve the problem. Be sure to check to see if
your answer is correct and correct any errors before submitting your homework. Each
completed assignment is worth 50 points.
Late homework will be accepted, but it may be subject to up to a 50% penalty assessed
for lateness. Home work is due during the week after the theory in a chapter is completed
(e.g. the homework from chapter 1 is due during week two and so-on).
There are two options for turning in completed assignments:
1. Assignments can be mailed to my attention at Taft College, 29 Emmons Park
Dr., Taft, CA, 93268. If you choose this option, the postmark must be on or
before the assignment due date to receive full credit. If you would like your
assignments returned, please include a self addressed stamped envelope.
Assignments will be returned within 7 days of receipt.
2. Turn in assignments using the LRC located in the Taft College library.
Exams:
There will be ten (10) chapter exams, each worth 100 points. Exams may include
multiple-choice options, true and false questions, short answer, and computational
problems. The exams are not directly cumulative and will consist of questions concerning
information from the chapter. Each exam is designed to take 90 minutes to complete, so
please make arrangements to have sufficient time to complete the exam once it has
started. Exams are to be open-book and open-note, proctored assessments.
Final Exam:
There will be NO final exam.
Accounting Topic Paper:
Managerial accounting is a fascinating study of many systems which use various
methods of recording, tracking, and analyzing costs in businesses. Students are to
create a 2-3 page paper comparing two different systems or methods of accounting.
The paper is to be written using an APA style guide and is also to have a cover sheet,
abstract, and reference list which are not counted in your page requirement. Your
paper must include two in-text citations and at least one primary source. Maximum
points will be earned when papers include in-depth definitions of the systems and a
strong analysis of them. This paper is DUE the first week in December, 2008.
General Course Policies:
Keys to success in this class:
1. Be attentive to every week’s assigned reading. Actively and critically read
your text and be sure to read before attempting any homework.
2. Keep up. Accounting is cumulative. If you fall behind it will become increasingly
more difficult to get caught up.
3. Do the homework. Homework is 50% of your grade. You cannot learn the
material without doing the homework, and you certainly can’t get a good
grade without it.
4. Submit all assignments on time. You may lose at least 10% if you do not submit
assignments on time (by midnight of the due date). Do not email me an
assignment except in case of EMERGENCY – my receipt of your assignment
is YOUR responsibility, even if emailed. I will reply that I have received an
emailed assignment – if you do not receive an email back from me you should
assume I did not receive yours and make alternative arrangements.
5. Keep me informed. Life happens. I am willing to make allowances for late work
under emergency situations IF YOU LET ME KNOW ASAP.
6. Use me as a resource. I am available by phone and by e-mail, as well as my
admin time before/after class or other times by appointment.
Course Scope, Sequence, and Content
Date
Week 1
(8/25-8/31)
Week 2
(09/01 – 09/07)
LABOR DAY: 1-Sep
Week 3
(09/08-09/14)
Week 4
(09/15 – 09/21)
Week 5
(09/22 – 09/28)
Week 6
(09/29 – 10/05)
Week 7
(10/06 – 10/12)
Week 8
(10/13 – 10/19)
Week 9
(10/20 – 10/26)
Week 10
(10/27 – 11/02)
Homework
Homework
Assignment
Due
Assignments
Chapter 16:
All matching, fill-inthe-blank and T/F, and
Exercise 16-3, Problem 16-1
Chapter 17:
Ch. 16 Homework –
All matching, fill-inDue this week!
the-blank and T/F, and
Exercise 17-2, Problem 17-2
Chapter 18:
Begin Process Cost
Discussions
Examinations
Chapter 16 Exam
Due 7-Sep-08
Ch. 17 Homework –
Due this week!
Chapter 17 Exam
Due 14-Sep-08
Ch. 18 Homework –
Due this week!
Chapter 18 Exam
Due 28-Sep-08
Ch. 19 HomeworkDue this week!
Chapter 19 Exam
Due 12-Oct-08
Chapter 21:
Ch. 20 HomeworkAll matching, fill-in-theDue this week!
blank, T/F, and
Exercise 21-1, Problem 21-2
Chapter 20 Exam
Due 26-Oct-08
Chapter 22:
Begin Discussions on
Standards and Variances
Chapter 21 Exam
Due 2-Nov-08
Chapter 18:
All matching,
fill-in-the-blank, T/F, and
Exercise 18-3,
Problem 18-1, 18-2
Chapter19:
Begin Cost Behavior
Discussions
Chapter 19:
All matching,
fill-in-the-blank, T/F, and
Exercise 19-3, Problem 19-1
Chapter 20:
Begin Variable Costing
Discussions
Chapter 20:
All matching, fill-in-theblank, T/F, and
Problem 20-2
Ch. 21 HomeworkDue this week!
Chapter 22:
All matching, fill-in-theblank, T/F, and
Exercise 22-1,
Problem 22-2
Chapter 23:
Week 12
(11/10 – 11/16)
All matching, fill-in-theblank, T/F, and
VETERAN’S DAY 11-Nov
Exercises 23-1,
Problems 23-1, 23-3
Chapter 24:
Week 13
(11/17 – 11/23)
All matching, fill-in-theblank, T/F, and
Exercises 24-1, 24-3, 24-4
Week 11
(11/03 – 11/09)
Week 14
(11/24 – 11/30)
THANKSGIVING
27- 28 Nov
Week 15
(12/01 – 12/07)
Week 16
(12/08 – 12/14)
Week 17
(12/15 – 12/19)
Ch. 22 HomeworkDue this week!
Chapter 22 Exam
Due 16-Nov-08
Ch. 23 HomeworkDue this week!
Chapter 23 Exam
Due 23-Nov-08
Chapter 25:
All matching, fill-in-theblank, T/F,
Exercise 25-1, 25-3
Ch. 24 HomeworkDue this week!
Chapter 24 Exam
Due 1-Dec-08
Chapter 26:
Begin Discussions on
Activity-Based Costing
Ch. 25 HomeworkDue this week!
ACCOUNTING
TOPIC PAPER
DUE!
Ch. 26 HomeworkDue this week!
Chapter 26 Exam
Due 15-Dec-08
Chapter 26:
All matching, fill-in-theblank, T/F, and
Exercise 26-2, Problem 26-2
Chapter 27
Discussions
Turn in any other work!
NOTE: Instructor reserves the right to change the scope and sequence to meet the needs
for each class.