Accounting 3313
Cost Accounting
Fall, 2000
Professor Moriarity
212 B Adams Hall
325-5809
This course builds upon the foundation you should have developed in a course on
managerial accounting. It places emphasis on using information for planning and
decision making. Debits and credits are rare, but thinking is required constantly. Unlike
many accounting courses, rules are relatively unimportant in cost accounting, but
concepts are very important. The key to success is to be able to recognize the general
nature of a problem and adapt the concepts to meet the specific needs of the situation.
Text: Cost Accounting: A Managerial Emphasis, Tenth Edition (Horngren, Foster, Datar)
Grading: There are 375 grading points available, distributed as follows:
3 In-class exams @ 75
225
1 Final exam @ 110
110
Homework (see below)
40
Total
375
Homework is due on the day assigned. It is to be handed in at the beginning of each class
period. The homework will not be graded, but will be checked in if you have made a
reasonable effort. The total points earned for homework will be determined using the
following calculation:
(Number of problems handed in  40)  (Number of problems assigned – 8) = Score
However 40 is the maximum number of points that can be earned for homework. Note
the calculation is based on the number of problems handed in, not the number of
assignments. The calculation allows you to miss eight problems. This allowance is to
cover those situations when you cannot hand in problems for reasons beyond your
control. Late assignments will not be accepted. Note that the homework points are
relatively easy to obtain, but if you fail to earn them, it will have a significant adverse
affect on your grade.
Grade Distribution: Course grades will be assigned approximately as follows (the
percentages are based on the highest number of points earned by a member of the class—
not the total points available):
93% and above
86% to 93%
75% to 86%
65% to 75%
Below 65%
A
B
C
D
F
Office Hours: I am generally on campus 8:30 to 4:30 Monday through Friday. I have
classes this semester at 9:30 MWF and 10:30 MWF. I generally eat lunch from 11:45 to
1:00. Friday afternoons are frequently devoted to a variety of sometimes useful, but
usually tedious, faculty meetings. Although appointments will make more efficient use
of your time, feel free to drop by whenever I am in my office.
In the schedule below the numbers under the heading “Problems” give the chapter and
the problem or problems due from that chapter. Thus on August 25 you should hand in
problem 35 from Chapter 2 of the text. Problems referred to by name will be handed out.
The problem Treat O’Lay is also due August 25. Many of the handout problems will
require the use of Excel and may require you to access tools or data from my web page
at: http://faculty-staff.ou.edu/M/Shane.R.Moriarity-1/
Please drop your homework on the desk in front of the classroom as you come into class.
You may wish to make a copy to follow along when I work problems in class.
Date
Aug
Sept
Oct
21
23
25
28
30
1
4
6
8
11
13
15
18
20
22
25
27
29
2
4
6
9
11
13
16
18
20
23
25
27
Reading
Topic
Problems
Chapter 1
Introduction
-Chapter 2
Overview
German Shepherd
Chapter 2
Terminology
2-35, Treat O’Lay
Chapter 3
Cost/volume/profit
3-24, Civic Club,
Chapter 3
Taxes/multiple products
3-38,40, AlphaMart
Chapter 3
Uncertainty
Boyd’s Toys, Spring Fair
Labor Day
-Chapter 10
Cost behavior
10-22, Crunchy Corn
Chapter 10
Regression
10-35(use Excel), Wayland
Chapter 10
Regression
10-29, QualityMart
Chapter 10
Learning curves
10-27,32
Chapter 10
Learning curves
Armored Solutions, Craftco
FIRST EXAM CHAPTERS 1, 2, 3, 10
-Chapter 11
Relevant costs
-Chapter 11
Opportunity costs
11-19,21
Chapter 11
Alternatives
11-28,34
Chapter 19
Time/quality/TOC
19-22,34, Master Technology
Chapter 12
Pricing
12-22,32
Chapter 12
Life-cycle/other
ElectroCam, Speedwriter
Chapter 20
Economic order quantity
20-19,Pet-Pal
OU/Texas
-Chapter 20
Safety stock/prediction error 20-27, Exotic Pets
Chapter 20
Just-in-time
20-29, Coastal Valve
SECOND EXAM CHAPTERS 11,19,12, 20 -Chapter 14
Cost allocation
-Chapter 14
Dual rate, basic
14-19,23
Chapter 14
Service departments
14-25, 31
Chapter 14
Service departments
Byte Write, Hoerscht
Chapter 14
Overhead allocation
14-24,34
Chapter 15
Joint costs
15-22,23
Date
Nov
Dec
30
1
3
6
8
10
13
15
17
20
22
24
27
29
1
4
6
8
Reading
Topic
Chapter 15
By products
Chapter 17
Process Costing FIFO
Chapter 17
Weighted average
Chapter 17
Transferred in, % complete
Chapter 18
Spoilage
Chapter 18
Rework
THIRD EXAM CHAPTERS 14, 15, 17, 18
Chapter 9
Inventory Costing
Chapter 9
Variable/absorption
Chapter 9
Denominator level
Thanksgiving
Thanksgiving
Chapter 9
Throughput costing
Chapter 22
Transfer pricing basics
Chapter 22
Transfer pricing, taxes
Chapter 23
ROI, RI, EVA
Chapter 23
Performance evaluation
Overview of Chapters 14, 15, 17, and 9
Problems
15-26, OK Prime Steak
17-18, High Spirits
17-35, Gold Mold
17-38, Beaumanor
18-17,30
18-38, Tristate
--9-18, Waukegan
Sport Craft, TransTech
--9-19, Oryx
22-27,28
West Coast, Intl Chem.
23-22,33
23-25, Syntech
Integrated Manufacturing
FINAL EXAMINATION – COMPREHENSIVE
9:30 SECTION December 11
8:00 – 10:00 AM
10:30 SECTION December 12
8:00 – 10:00 AM