Instructor:
Office:
Scott Fleming, PhD, CPA, CMA Class: CRN 87266 MWF 11:30 - 12:20 Rm 230
Assistant Professor CRN 87267 MWF 12:30 - 1:20 Rm 230
313 B&E Building
Phone: 293-7896 (office)
636-7669 (home) e-mail: Scott.Fleming@mail.wvu.edu
web: http://www.be.wvu.edu/divacctg/sfleming/
614-3573 (cell)
Office Hours: MW 2:30 – 3:30 pm. Appointments for additional times and days are available.
Appointments are strongly suggested, even for scheduled office hours..
Required Texts: Cost Accounting 12 th ed., Horngren, Datar, & Foster . Pearson Prentice Hall 2006 .
Student Solutions for Cost Accounting 12 th ed.
ISBN: 9780131724280
Description:
Objectives: To provide students with an opportunity to gain basic knowledge of the concepts and techniques used for decision making and in the control of product and service costing.
Expectations: Students will have the opportunity to develop an understanding and application of the following concepts to the accounting environment:

Cost accounting fundamentals

Tools for planning and control

Information for decision making

Cost allocation and revenues

Investment decisions

Multinational implications

The Institute of Management Accountants’ Code of Ethids

Verbal communications
Attendence:
Accounting 431 is intended to expose students to the basic terms, concepts, analyses, uses, and procedures used in cost accounting. Additionally, students will have the opportunity to examine how cost accounting is used for planning and controlling and is a managerial tool for business strategy, decision making, and implementation. Other topics include multinational considerations in cost accounting, an examination of fraudulent cost accounting schemes, and the profession’s code of ethics. Current topics will be drawn into the discussions as applicable.
Students are expected to attend class regularly. Failure to do so may negatively impact the final grade. As noted below, students will have various homework assignments and possibly a group presentation. Homework will often be reviewed in class, and attendance is certainly required for the presentation. Additionally, changes or alterations may be made to the syllabus which may be communicated only in class. Treat class as though you would a job, only instead of a paycheck, you will receive a grade. There is a strong likelihood that attendance and grades will move in parallel.
Punctuality is a learned habit and one that is necessary in the workplace. You will be expected to show up for class on time and make meetings at the appointed hour.

Grading:
Scale:
The course grade will be based on the following:
Exams
Homework and quizzes
Participation and attendance
80 %
15 %
5 %
A
A -
B +
B
B -
C+
C
91 to 100 %
90 to < 91 %
89 to < 90 %
81 to < 89 %
80 to < 81 %
79 to < 80 %
71 to < 79 %
C -
D
F
70 to < 71 %
60 to < 70 %
< 60 %
In this and other courses, you are taught the skills necessary to become an accountant. Therefore, at a minimum, you should be able to maintain your own copies of papers, keep track of your own points, be able to calculate your own grade, and understand what is necessary for you to achieve your grade goal. This is bookkeeping at the simplest of levels.
Presentation:
Students may (time permitting) be assigned to groups for the opportunity to collectively work on a particular cost accounting problem. Each group (with the involvement of each member) will then present to the class the problem, the method of solving the problem, the data used, and the final solution. Further, the group will field questions from the class. This exercise is designed to enhance the capabilities of the students in accounting concepts, team work, decision making, and presentation skills. Grades from this particular exercise will be factored into the homework and quiz grades.
Exams: Students are expected to take exams on the scheduled exam date. Students who must miss a regularly scheduled exam to participate in authorized University activities must make arrangements with the instructor to take the exam on an alternate date. It is the student’s responsibility to contact the instructor to make arrangements for a make-up exam within a week of the scheduled exam
(either before or after).
Homework:
Homework assigned is expected to be completed. The assignments are designed to reinforce techniques and topics discussed in class and to prepare the student for the examinations. Once assigned, homework may be turned in early, but late assignments, including those deposited under my door or via e-mail, will be substantially penalized.
Academic Integrity:
A student’s signature on a paper or examination attests to his or her completion of the work in an ethical and professional manner. Cases of academic dishonesty will be handled in accordance with
University policy. Refer to the Student Handbook section on Academic Honesty.

Social Justice Statement:
West Virginia University is committed to social justice. The instructor of this course concurs with that commitment and expects to maintain a positive learning environment based upon open communication, mutual respect, and non-discrimination. Our University does not discriminate on the basis of race, sex, age, disability, veteran status, religion, sexual orientation, color, or national origin. Any suggestions as to how to further such a positive and open environment in this class will be appreciated and given serious consideration.
If you are a person with a disability and anticipate needing any type of accommodation in order to participate in this class, please advise the instructor and also make appropriate arrangements with
Disability Services (293-6700).

Date Topic Readings, Exams, and Project Assignments
8/18 Course & Syllabus Overview; Ch. 1 p. 15-17; IMA Code of Ethics
8/20 Ch. 2 An Introduction to Cost Terms and Purposes
8/22 Ch. 3 Cost-Volume-Profit Analysis
8/25 Ch. 3 Cost-Volume-Profit Analysis
8/27 Ch. 4 Job Costing
8/29 Ch. 4 Job Costing
9/1
9/3
Labor Day Recess
Ch. 6 Master Budget and Responsibility Accounting
9/5
9/8
Ch. 6 Master Budget and Responsibility Accounting
Examination #1
9/10 Ch. 7 Flexible Budgets, Direct-Cost Variances, and Management Control
9/12 Ch. 7 Flexible Budgets, Direct-Cost Variances, and Management Control
9/15 Ch. 8 Flexible Budgets, Overhead Cost Variances, and Management Control
9/17 Ch. 8 Flexible Budgets, Overhead Cost Variances, and Management Control
9/19 Ch. 9 Inventory Costing and Capacity Analysis
9/22 Ch. 9 Inventory Costing and Capacity Analysis
9/24 Examination #2
9/26 Ch. 10 Determining How Costs Behave
9/29 Ch. 10 Determining How Costs Behave
10/1 Ch. 10 Determining How Costs Behave
10/3 Ch. 11 Decision Making and Relevant Information
10/6 Ch. 11 Decision Making and Relevant Information
10/8 Ch. 11 Decision Making and Relevant Information
10/10 Ch. 12 Pricing Decisions and Cost Management
10/13 Ch. 12 Pricing Decisions and Cost Management
10/15 Ch. 12 Pricing Decisions and Cost Management
10/17 Examination #3
10/20 Ch. 14 Cost Allocation, Customer-Profitability Analysis, and Sales-Variance Analysis
10/22 Ch. 14 Cost Allocation, Customer-Profitability Analysis, and Sales-Variance Analysis
10/24 Ch. 15 Allocation of Support-Department Costs, Common Costs and Revenues
10/27 Ch. 15 Allocation of Support-Department Costs, Common Costs and Revenues
10/29 Ch. 15 Allocation of Support-Department Costs, Common Costs and Revenues
10/31 Ch. 16 Cost Allocation: Joint Products and Byproducts
11/3 Ch. 16 Cost Allocation: Joint Products and Byproducts
11/5 Ch. 16 Cost Allocation: Joint Products and Byproducts
11/7 Ch. 17 Process Costing
11/10 Ch. 17 Process Costing
11/12 Ch. 17 Process Costing
11/14 Examination #4
11/17 Ch. 21 Capital Budgeting and Cost Analysis
11/19 Ch. 21 Capital Budgeting and Cost Analysis
11/21 Ch. 22 Management Control Systems & Transfer Pricing
11/24 – 11/28 Thanksgiving Recess
12/1 Ch. 22 Management Control Systems & Transfer Pricing
12/3 Ch. 23 Performance Measurement & Compensation
12/5 Ch. 23 Performance Measurement & Compensation
12/9 Final Exam
12/12 Final Exam
8:00 – 10:00 am (CRN 87266 MWF 11:30-12:20)
3:00 – 5:00 pm (CRN 87267 MWF 12:30-1:20)
Rm 230
Rm 230
WED
FRI

Tentative Homework Assignments
Note: Only limited homework will be covered in class. Given the time constraints, it is most likely that the even-numbered problems will not be covered, particularly since the solutions may be found in the Student
Solutions for Cost Accounting 12 th ed.
, a required text. Students are, however, responsible for the homework and concepts covered.
Homework to be collected for a grade may be either announced in advance or randomly selected.
Chapter 2:
Chapter 3:
18, 21, 29, 31, 33, 34
16, 17, 22, 25, 37, 43, 44, 48
Chapter 4:
Chapter 6:
Chapter 7:
Chapter 8 :
Chapter 9 :
16 – 21, 26, 30, 31, 32
16 – 21, 28, 29, 31, 34
16 – 21, 23, 24, 25, 33, 34, 37
16 – 19, 21, 27, 29, 30, 35, 40
20, 23, 30, 31
Chapter 10 :
Chapter 11 :
Chapter 12 :
Chapter 14 :
Chapter 15 :
Chapter 16 :
Chapter 17 :
Chapter 21 :
Chapter 22 :
Chapter 23 :
16, 17, 20, 22, 31
16, 18, 19, 21, 24, 26, 35, 41
17, 19, 23, 27, 33, 37
18, 19, 21, 23, 25, 37, 39
17, 18, 19, 21, 22, 37
16, 17, 20, 21, 23, 34
19 – 22, 43
16, 17, 21
19 – 21
16, 17, 21, 25