MIAMI DADE COLLEGE
ACG 2071 – Managerial Accounting
Course Information
Course ID:
ACG 2071
Reference
Number:
786181 and 786182
Credits:
3 credits + Lab 1 credit
Term:
Spring 2013 - 2
Term Dates:
January 7th to April 25th (Final exam 4/28 to 4/30)
Instructor Information
Name:
Mr. Jose Luis Hortensi, CPA
Email:
jose.hortensi@mdc.edu
Website:
http://faculty.mdc.edu/jhortens/
Phone:
305-237-5143
Office
Hours:
Response
Policy:
MW 4 pm to 5 pm + Before and after class. I have an open door policy. I
highly encourage all of my students to stop by my office with questions or to
get ready for your quizzes and exams. I am here to help you succeed..!
24 hours when the College is in session
Course Description
Managerial Accounting focuses on the accounting information needs of the various
levels of internal management within an organization. Internal responsibility is directed
at three major areas of management responsibility: coat determination, planning and
control, and long-term decision-making.
Prerequisites
Pre-/Co-requisite: ACG 2011 or ACG 2021 (3hr. lecture).
Miami Dade College's Learning Outcomes
This course addresses the following MDC learning outcomes:
Learning
Outcome
# 1:
Communicate effectively using listening, speaking, reading, and
writing skills.
Learning
Outcome
#2:
Use quantitative analytical skills to evaluate and process
numerical data.
Learning
Outcome
#3:
Solve problems using critical and creative thinking and scientific
reasoning.
Learning
Outcome
#4:
Formulate strategies to locate, evaluate, and apply information.
Learning
Outcome
#7:
Demonstrate knowledge of ethical thinking and its application to
issues in society.
Learning
Outcome
#8:
Use computer and emerging technologies effectively.
Course Competencies
Upon completion of this course, the student will be able to:
 To understand the different responsibilities in the reporting for financial
accounting purposes and for managerial accounting purposes.
 To understand the different cost accounting systems and their application to
specific business structures.
 To review data prepared under job order costing system and verify the cost
data developed.
 To prepare and analyze reports on equivalent units of production.
 To diagram the flow of costs through the process cost system.
 To develop financial statements using the absorption costing and direct or
variable costing method.
 To make analytical investigations into the relevant costs and their
relationship to production levels.
 To use break-even analysis, operating leverage, and other methods to
determine production information.
 To understand the effect of changes in cost variables on production decision.
 To analyze the use of responsibility reporting on the attribution of costs to
departments.
 To prepare a master budget with flexible levels of production
 To prepare a master budget with flexible levels of production
 To analyze master budgets to determine the feasibility of completion of
budgetary goals or adjustment of such goals.
 To complete cash budget and make decisions concerning the appropriate
use of excess funds.
 To review the standard cost systems.
 To analyze variances and determine which departments are responsible for
them.
 To analyze capital expenditures for feasibility using both present value and
non-present value methods.
 To rank capital expenditure projects for decision-making purposes.
 To make decisions using the differential analysis method.
 To understand the accounting implications of bonds and the computation of
market prices.
 To prepare a statement of cash flows.
 To analyze the financial statements as to their liquidity, profitability, and
other ratios.
Required Textbook and Materials
Textbook Bundle:
Financial and Managerial Accounting Using Excel for Success +
Cengage Now Printed Access Card, 1st Edition
ISBN 13: 978-1111-99397-9
ISBN 10: 1111993971
You can also purchase it online (discounted price):
http://www.cengagebrain.com/shop/en/US/storefront/US?cmd=Displ
ayLandingPage&id=36592&cid=1-13Z4J98&entityNumber=4429
Technology Requirements (Hardware/Software)
If you have no internet access at all, you can visit our labs and computer courtyard.
Course Content
The course is organized as follows:
Unit/Module 1:
Chapter 14 – Statement of Cash Flows
Unit/Module 2:
Chapter 12 – Long Term Liabilities – Bonds Payable
Quiz 1: Chapters 14 and 12
Unit/Module 3:
Chapter 16 – Managerial Accounting Concepts
Unit/Module 4:
Chapter 17 – Job Order Costing
Unit/Module 5:
Chapter 18 – Process Cost System
Quiz 2: Chapters 16, 17 and 18
Unit/Module 6:
Chapter 19 – Cost Behavior
Unit/Module 7:
Chapter 20 – Variable Costing
Quiz 3: Chapters 19 and 20
Unit/Module 8:
Chapter 21– Budgeting
Unit/Module 9:
Chapter 22 – Performance Evaluation using variances
Unit/Module 10:
Chapter 23 - Performance Evaluation for Decentralized Operations
Unit/Module 11:
Chapter 24 – Differential Analysis
Quiz 4: Chapters 21, 22, 23 and 24
You can visit: http://faculty.mdc.edu/jhortens/ for a game plan
Course Work Requirements
To successfully complete this course, you need to spend at least an average of 4 hours
per week on the course, which includes readings, postings, quizzes, exams, etc. Set up a
weekly time schedule that allows you sufficient time to complete the assigned course
work by the required due dates.
Grading
Grading Criteria
Range
Letter
Grade
90 - 100%
A
80 – 89%
B
70 – 79%
C
60 - 69%
D
Below 59%
F
Range
Letter Grade
Homework/Participation:
10% via CengageNow
Project:
20% via CengageNow
Quizzes:
40% (4 quizzes – 10% per quiz)
No Make-Ups. Your final exam
can replace your lowest quiz
grade.
Final Exam:
30% [(Cumulative Final Exam)
You must earn a score of 65%
on final exam to pass the
course.
Attendance - Late and
Make-up Policy:
Accounting Lab
Homework
Accounting is a hands-on subject and as such, students are
expected to attend all class sessions. Attendance will be
taken at the start of each class. If you miss a class, it is
your responsibility to find out what you missed in class and
any assignments that were made (absences do not relieve a
student from course assignments). If you wish to terminate
the course, you should be aware that you yourself are
responsible for official withdrawal from the course. Failure
to do so may result in your receiving a final grade of “F” in
the course. While the instructor has the option of
withdrawing a student, the student should not assume
he/she would be automatically dropped for nonattendance
or unsatisfactory performance.
Students must concurrently register in the Accounting Lab. ACG
2071L is a co-requisite of ACG2071. YOU MUST ACCUMULATE
AT LEAST 15 HOURS IN THE LAB BY THE END OF THE
SEMESTER. If you don’t have at least 15 hours by the end of the
semester, your final grade for the class will be reduced by ½ point
for every hour that you are missing from the 15 hour goal. (Ex.
End of semester and student X has only 9 hours in the lab, student
X will have -3 points. 3 POINTS WILL BE DEDUCTED FROM
HIS FINAL GRADE FOR ACG 2071). A print out showing your
lab attendance will be given to me at the end of the semester.
Check with me periodically, but it is your responsibility to keep
track of your own hours. YOUR ACG2071L GRADE WILL BE
THE SAME AS YOUR ACG2071 CLASS GRADE.
Since Accounting is a progressive course of study (each
chapter builds upon the mastery of the previous chapters’
material). All homework must be done when assigned via
CengageNow to achieve the full benefits of the assignment
Very Important
Important
Dates
At my discretion, I will drop (purge) students that are falling very behind. For
instance, if you are averaging less than a 60 on quizzes (by the last day to drop
with a W) I will drop you from the course.
Last day to drop with 100 % Last day drop with "W": Wed.
refund: Monday Jan. 13th
March 19th
Holiday: Mon. Jan. 20th;
Mon. Feb 17th
Miami Dade College Policies
This handbook provides you with the basic information you need to know as a
student at Miami Dade

Students' Rights and Responsibility
This handbook provides you with the basic information you need to know as a
student at Miami Dade College. Please review the Student's Rights and
Responsibilities Handbook to learn about policies addressing code of conduct,
grade appeals, religious observations, services for students with special needs,
and many other areas. Due to the nature of the online environment, the
information below supplements the Handbook for Virtual College students.

Course Withdrawal
After registering, students may change their schedules during the drop / add
period. The dates for this period are listed on the Academic Calendar .
Very Important: At my discretion, I will drop any student that I feel has no
chance of passing the class due to (low performance, poor attendance,
etc.)

Incomplete Grades
An Incomplete is given only where extenuating circumstances exist, such as
documented medical problems or a death in the family, and is issued solely at
the discretion of the instructor. If the instructor agrees to grant an Incomplete, a
written agreement must be completed between the instructor and the student,
specifying the coursework to be completed, in what manner, and by when.
Failure to fulfill the terms of the contract by the end of the next major term will
result in an "F" for the course. A student may not remove an Incomplete by
registering in a subsequent term to re-take the course.
For more information on Incomplete grades, please refer to the Student's Rights
and Responsibilities Handbook.

Academic Dishonesty
In the event that students are suspected of classroom cheating, plagiarism, or
otherwise misrepresenting their work, they will be subject to procedural due
process. Academic dishonesty includes, but is not limited to the following:
cheating on an examination; receiving help from others in work to be submitted,
if contrary to the stated rules of the course; plagiarizing; that is, the taking and
claiming as one’s own the ideas, writings, or work of another, without citing the
sources; submitting work from another course unless permitted by the instructor;
stealing examinations or course materials; falsifying records; assisting anyone to
do any of the above. For more details, see the Student Rights and
Responsibilities:
http://www.mdc.edu/policy/student_rights_and_responsibilities.pdf