ACG 2071
Managerial Accounting
Spring 2007 -2
Instructor’s Information:
Professor Maria C Mari, CPA, CMA, CFrA
School of Business – Kendall Campus
Office: 6319 #29
Office telephone: 305-237-0341
Office email: mmari@mdc.edu
Office hours: MW 11am to 1pm or TR 12:30 – 1:30pm
Faculty webpage: http://faculty.mdc.edu/mmari/
Course Description: The Managerial Accounting provides students will an
overview of the specialized areas of cost accounting and managerial
accounting. This course emphasizes the role of accountants in the decision
making process.
This course is an independent study course. Students are not required to attend
a formal class but must complete the assignments by the due date stated. It is
recommended that students meet semi monthly with the instructor to discuss
their progress, in addition, to weekly e-mail messages.
Pre-Requisite: ACG 2021 or ACG 2001 and ACG 2011
Co-Requisite: ACG 2071 Lab. Students will be required to complete fifteen
hours in the Business Resource Center.
Textbook: Financial and Managerial Accounting, Warren,
Reeve, and Fess 9th edition.
Students will also be required to purchase the e-Instruction clickers for use in the
class. Information will be given in class as to which clickers and how to purchase
them.
Course Competencies:
 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.
Evaluation Methods:
Method:
Examinations
Case Studies
Class participation
Total points available
100 pts each
10 pts each
4 pt each
Points
300
40
112
452
Grading:
Grade
A
B
C
D
F
Maximum points
452
406
361
315
270
Minimum points
407
362
316
271
0
Examinations: The students will complete four examinations over the
semester including a comprehensive final. The lowest grade will be dropped in
the calculation of your final grade.
Makeup Policy: There are no make-ups allowed in this course.
Case Studies: Students will complete the case studies available online in the
web. The cases will be individually done or team work depending on the case.
Class Participation: Students will receive points for answering questions in
class using the Clickers purchased.
Extra Credit: Students will be able to earn a maximum of five extra credit points
during the semester.
Student Responsibilities and Conduct
Academic Dishonesty (as defined by the College) includes, but is not limited to
cheating on examinations; receiving help from other students (unless permitted
by the instructor) plagiarizing; submitting work from another course (unless
permitted by the instructor); and assisting anyone doing these things. Academic
Dishonesty is considered to be a serious offense and may result in failing an
assignment, receiving an “F” in the course, or dismissal from the College. See
the Students’ Rights and Responsibilities Handbook for further information.
Students should make a special effort to arrive in class ON TIME. IT is disruptive
and discourteous to the instructor and to other students. If tardiness is
unavoidable’ please come into the class and sit quietly without bothering other
students.
Cell phones, pagers, or beepers should be turned off when entering the
classroom. Please inform those who call you that when you are in class you are
unable to receive calls.
Due Date:
Last day to turn in work is
April 15, 2007 at Noon
No exceptions will be made!!!