Course Information Sheet
Bus 1B, Managerial Accounting MW Day Class Spring 2012
Monterey Peninsula College
Instructor: Jon Mikkelsen
Contacts:
Instructor: Jon Mikkelsen – Phone: 646-4072, Email:jmikkelsen@mpc.edu, Office: BH 104C
Instructor website: www.mpcfaculty.net/jon_mikkelsen
Text resources and homework site: www.pearsonmylab.com
Academic Support Center phone: 646-4176
(“A” & almost “A” Busi1A students PLEASE sign up to tutor 1A!)
Textbook and Optional Materials:
Required:
Text Book: Financial & Managerial Accounting, The Managerial Chapters with MyAccountingLab 3e,
Horngren, et al. **MyAccountingLab access is required**
Internet access and Microsoft Excel or compatible software (available in computer labs and the library)
Either familiarity with the basic functions of MS Excel or willing to try, calculator
Student Learning Outcomes: Upon successful completion of this course students will be able to quantitatively analyze and
select business strategies, plan for business performance, and evaluate internal business unit performance.
Goals:
Students will become familiar with the elements of managerial accounting, including: product costing, cost-volume-profit
analysis, budgeting, variance analysis, and business segment management. Students will learn these concepts toward the goal
of gaining a competitive advantage for your company.
Objectives:
Students will be able to:
1. differentiate between financial and managerial accounting, and identify the value of managerial accounting and the
unique ethical responsibilities inherent in the field,
2. define and apply basic costing terms and systems,
3. create budgets, and calculate and interpret budget variances,
4. create business segment reports and make sound business decisions based on those reports,
5. make capital budgeting decisions by applying profitability analysis techniques,
6. prepare and deliver effective analysis to assist management in decision making,
7. utilize the Internet, accounting software, spreadsheets, and presentation software to complete assignments and
present them to a small audience.
Evaluation:
200
1 mid term exam and one final (mandatory to achieve passing grade) exam (2x100
points=200 points) Both exams are required to earn a passing grade.
100
Business budgeting project (100 points) mandatory to achieve passing grade
50
Pop quizzes and other surprises (up to 5x10 points = 50 points)
100
Homework assignments
20
Attendance and participation. -10 each absence, -3 each tardy. One freebie each.
470
Total points
Grading:
90 – 100% = A, 80 – 89% = B, 70 – 79% = C, 60 – 69% = D, <60% = F
Prerequisite:
Business 1A must have been completed with a grade of “C” or better before taking this course. The two courses
may not be taken concurrently under any circumstances.
Rev 01/24/12
Course Information Sheet
Bus 1B, Managerial Accounting MW Day Class Spring 2012
Monterey Peninsula College
Instructor: Jon Mikkelsen
Tests:
One mid-term exam and one final examination are administered for this class. Please clear your schedules on these exam
dates, as both exams are required to earn a passing grade. Please see your instructor in advance of these test days if alternate
arrangements need to be made for special accommodation. These exams will be given in-class in-person on paper. Tests are
to be completed individually, without assistance.
Homework Assignments:
Each chapter has a homework assignment to be completed using online software accessible on the internet. The textbook
homework assignments listed on the course schedule share the same content as the assignments online. The homework
software changes the numbers for each student. Please make sure to rework each assignment on the online site to get the
correct answers after you do the textbook work on paper. You are encouraged to ask questions and help each other
understand the homework. Working on homework together is encouraged, but each student needs to do their own work.
Large scale sharing of answers becomes plagiarism and is not acceptable.
Extra Credit:
There is no scheduled extra credit for this class. There is an abundance of study material available, and your time and effort
will most effectively improve your score by studying and practicing before exams.
Policies
Dropping:
Students who do not attend the first day of class on time may be dropped from the class by the instructor. Other students may
be added to the class at that time, so the spot may no longer be available. Students may be dropped from the class roster
during the semester due to insufficient class activity as determined by the instructor. The final responsibility to drop is the
responsibility of the student. If you feel lost or hopeless, please contact me so I can try to help look for ways to help you
make the right decision.
Plagiarism and Cheating:
No breach to the honesty and integrity of the academic process is acceptable. The accounting profession cannot tolerate
fraud so integrity needs to start here. Any student found to have plagiarized or otherwise cheated will automatically receive a
zero grade on the entire series of related assignments, and could be subject to further action. Teamwork is encouraged on
homework assignments and other projects. However, teamwork does not include copying from or giving multiple answers to
others on these assignments. Tests are to be performed without assistance.
Etiquette:
Maintain integrity. Be polite. Be decent. Welcome alternative points of view. Start your work early, especially when in
need of help or when others rely on your input. This class is a profanity and hostility free environment. Have patience and
work towards positive outcomes.
Credit/No Credit:
This grading option is facilitated through the Admissions and Records Office. Please contact the Admissions and Records
Office for appropriate deadlines and other information.
Student Supportive Services:
Students with special needs are encouraged to contact Student Supportive Services for accommodations and a variety of
available resources. Learn more about this here: http://www.mpc.edu/GotSuccess
Individual responsibility:
It is solely the student’s individual responsibility to meet all deadlines and requirements for this course. It is the student’s
responsibility and right to ask for help and to proactively overcome any obstacles to successfully complete this course. Your
initiative may be the most important factor in making this a successful class for you. Make sure we give you your money’s
worth and tell us if we need to do something different to help you.
Rev 01/24/12
Course Information Sheet
Bus 1B, Managerial Accounting MW Day Class Spring 2012
Date
Topic
Monterey Peninsula College
Instructor: Jon Mikkelsen
Assignment content in lecture.
Submit homework online
Jan
30
Introduction & course overview
Feb
1
Chapter 16, Managerial Acct.
E16-14, E16-16, E16-20,
E16-21
6
Chapter 16, Managerial Acct.
P16-22A, P16-23A, P16-27A
8
Chapter 17 Job Order Costing
S17-1, E17-16, E17-17, E1718
13
Chapter 17 Job Order Costing
E17-22, E17-23, P17-25A
15
Chapter 17A Process Costing
E17A-10
20
Washington’s Day- Holiday
22
Chapter 18 Activity Based
Costing
S18-1, S18-4, E18-16,
27
P18-28A, P18-29A, P18-30A
29
Chapter 18 Activity Based
Costing
Chapter 19 Cost Behavior
5
Chapter 19 CVP analysis
7
Chapter 19 CVP analysis
E19-14, E19-15, E19-19,
E19-20
E19-21, P19-26A
12
Chapter 19A Variable Costing
S19A-1, S19A-2
14
Chapter 19A Variable Costing
P19A-5A
19
Exam Review
Working through your
prioritized topic list
21
Mid Term Exam
26
Spring Recess
28
Spring Recess
2
Budgeting project team finalization and research day, meet in
the library rooms 203/204
Chapter 20 Relevant Cost
E20-10, E20-15, E20-18,
decision making
Mar
Apr
4
Rev 01/24/12
In-Class Projects
(prep before)
Airplane cost flow
ABC donut case
S19-1, E19-12, E19-13
Hotel fraud
investigation
TP19-1 or
Challenges
Course Information Sheet
Bus 1B, Managerial Accounting MW Day Class Spring 2012
Date
Apr
May
9
Topic
Monterey Peninsula College
Instructor: Jon Mikkelsen
Assignment content in lecture.
Submit homework online
In-Class Projects
(Prep before!)
E20-20, P20-22A
11
Chapter 20 Relevant Cost
decision making
Chapter 21 Capital Investment
16
Chapter 21 Capital Investment
18
Chapter 22 Budgeting
E21-21, P21-28A
Group Project Step 1 Due
E22-14, E22-15, E22-17,
23
Chapter 22 Budgeting
P22-22A, P22-23A, P22-24A
25
Chapter 22 Responsibility
Centers
E22-20, E22-21
30
Chapter 23 Flexible Budgeting
S23-1, E23-15, E23-17
Excel tips
2
Chapter 23 Standard Costs
S23-12, E23-19, E23-20
Variance
Analysis case
7
Chapter 23 Standard Costs
E23-22, Decision case 23-1
Ethical Issues
23-1&23-2
9
Budgeting project in-class work
day
Bring all project work:
progress check in class
14
Chapter 24 Performance
Evaluation & Balanced
Scorecard
Chapter 24 Performance
Evaluation & Balanced
Scorecard
S24-1, S24-2,
Balance scorecard
application case
P24-20A, P24-21
Application case:
Should I accept
this project?
16
E21-14, E21-16, E21-17,
E21-18
21
Project presentations
23
Group Project due at beginning of the period. Late for class
yields 10% deduction, same as a whole class late. Please come
on time, even if you are not done.
Final exam topic review
Last chance group projects accepted w/10% deduction at
beginning of period.
30
Rev 01/24/12
Final Exam (ch 20-24)
Wednesday @ 10:30am in
our normal classroom.
NOTE: 10:30 is earlier than
usual
Ethical Issue
20-1
Retirement
planning
Developing your
budget
framework