ACG 2071
Managerial Accounting
Flexi Course
Instructor: Maria C Mari, CPA, CMA, CFrA
Office
Phone:
E-mail:
Office hours:
Kendall Campus, Room 6319
305-237-0341
mmari@mdc.edu
MW 10am – 1:25pm
TR 11:15am
Please call during office
hours or email.
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.
Pre-Requisite:
ACG 2021 or ACG 2001 and ACG 2011
Textbook:
Managerial Accounting 8th or 9th Edition, Warren and Reeve
Course Objectives:
 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.
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.
The College does not permit children in classrooms or labs, and
children are not covered by the College’s liability insurance.
Evaluation methods:
Activity
Student homepage
Ethics Case Studies
Case Studies
Chapter Problems
Midterm Examinations
Final Examination
Chapter quizzes
Description
Completion of homepage
introducing yourself
Completion of four ethics
cases
Completion of two mini cases
Completion
of
problems
listed in the Student Success
Guide
Completion
of
three
midterms of which one is
PROCTORED
Completion of PROCTORED
cumulative final
Completion of chapter quiz
for each chapter covered
Percentage of
Final Grade
5%
5%
10%
15%
20%
15%
30%
Requirements Explained:
 Chapter Multiple Choice Quizzes: Students will complete the
multiple choice quizzes available at the end of every chapter in
the WEBCT module. These quizzes can only be taken once.
Students will have 1 hour to complete the quiz.

Midterm: Students will complete three examinations over the
course of the semester.
The first examination will cover
chapters 1 thru 3, second examination will cover chapters 4 thru
6 and the last examination will cover chapters 7, 8, 9 and10.
These examinations will be offered ONLINE at a specific time
(check calendar NOW). The second examination will be
proctored. There are NO MAKEUPS for these examinations so
students must make arrangements to be online at the time of
the exam. Review information will be posted in the course for
each exam.

Final: Students will complete a PROCTORED final examination
at one of the college campuses or other site. Information on
testing centers and proctoring procedures are found in the
Virtual College Homepage under Help and then Testing. The
final examination will consist of 30 multiple choice or true/false
covering chapters 1 thru 11.

Chapter Exercises: Though chapter exercises are not required,
students are recommended to complete the exercises. Answers
to all exercises are found in the content section for that chapter.

Ethic Case Studies: Students will be given four ethics cases to
review and post their answers on the Discussion Board.
Students are required to also answer one posting from another
classmate.

Case Studies: Students will be given two mini cases to review
and post their answers on the Discussion Board. Students are
required to also answer one posting from another classmate.

Homepage: Students will prepare and post an individual
homepage as an introduction of themselves to other students.

Grading Policy:
Grading Policy:
A:
B:
C:
D:
F:
90% - 100%
80% - 89%
70% - 79%
60% - 69%
Below 60%
Submission policy: All the work sited in this course policy should be
submitted as the material is covered. Final submission date for all
work is December 17, 2007 at Noon. No excuses or late submissions
will be accepted for any reason!!! Please note the date in your
calendar.