BUS-A 202
Introduction to Managerial Accounting
Indiana University Kokomo
Dr. Steven Cox
Fall 2009
COURSE SYLLABUS
Time:
Monday and Wednesday 1:00 - 2:15
Room:
KO 102
Office Hours:
10:45 - 11:25, Mondays and Wednesdays
4:00 - 5:25, Mondays
(and by appointment or walk-in)
Office:
KO 174J
Office Phone:
(765) 455-9314
Home Phone:
(317) 696-0571
E-mail:
scox@iuk.edu
Web Page:
http://www.iuk.edu/~bussrc/
Required Text:
Garrison and Noreen, Managerial Accounting, Twelfth Edition
Prerequisite:
Passing grade in A201, Introduction to Financial Accounting*
*
Students without the required prerequisite may be administratively withdrawn at any point in
the semester.
Goals:
This course emphasizes the use of accounting data by managers in directing the affairs of
business organizations. Managers need information to carry out three essential functions in an
organization: (1) decision making; (2) planning; and (3) controlling activities. In this class
students will learn what information is useful, where to obtain the information, and how the
information can be structured to aid managers in their planning, control, and decision-making
responsibilities. I have two additional personal goals relating to this course. First, I want to make
managerial accounting interesting and perhaps even fun. Second, I want to award grades fairly.
Students that come to class, do the reading, and practice the problems, will do well in my class.
Objectives:
At the completion of this class, the student should be able to:

Prepare a statement of cash flows. In addition, students must understand the need for this
statement as well as the nature of the information provided.
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Calculate financial ratios. Students will be required to show an elementary level of ability
in interpreting the ratios so they are better prepared for F301.
Construct a statement of cost of goods manufactured and a Statement of Cost of Goods
Sold.
Understand cost classifications including: fixed versus variable, period versus product,
direct versus indirect, and prime versus conversion.
Understand the need for overhead cost allocation. Students will be required to show
competence in job-order costing and process costing.
Demonstrate an understanding of cost behavior including cost-volume-profit
relationships. Students will be required to demonstrate the ability to solve break-even
problems.
Demonstrate competence in using standard costs to calculate variances. Students will be
required to know how to calculate and interpret labor, materials, and overhead variances.
The School of Business Web Page with Mission Statement:
http://www.iuk.edu/~kobus/Mission.shtml
Grading:
Exam 1
100 pts
Exam 2
100 pts
Final Exam
100 pts
Quizzes
100 pts
Total Points
400 pts
Grading Scale:
96% - 100%
86% - 89%
76% - 79%
66% - 69%
Below 59%
A+
B+
C+
D+
F
90% - 96%
80% - 86%
70% - 76%
60% - 66%
A
B
C
D
89% - 90%
79% - 80%
69% - 70%
59% - 60%
ABCD-
Exams:
Unexcused absences will result in zeros on exams. Exams will be a combination of multiple
choice, problems, and short essays. The first exam will be in class on September 28th. The
second exam will be in class on November 2nd. The final exam will be in class on December
14th.
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Quizzes:
Short 10-point quizzes will be given in class on Wednesdays. The quiz question(s) will come
from recently assigned problems. The quizzes encourage attendance and keeping up with the
pace of the class. The material is somewhat complex and it is easy to fall behind. Obviously, you
must attend class to take the quiz. In addition, the quiz material will be covered during class.
You will receive your highest ten scores out of twelve quizzes. There are no make-ups on
quizzes!
Computer Usage:
Grades and answers to the assigned problems are available on Oncourse. IUK also offers a
variety of computer resources for course assignments and projects (e.g., word processing,
spreadsheets, presentation software, database management, and statistical analysis packages).
Library Usage:
The IUK library system offers a large number and variety of resources for the student to use in
this course. Examples include current newspapers (Wall Street Journal), magazines (Business
Week), databases (ABI Inform), and access to the Internet.
Disability Issues:
Indiana University Kokomo provides equal access and support services to students with special
needs. Students with documented disabilities should contact the Career Services Office (4559301) and discuss any necessary support services or accommodation with the instructor.
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Course Schedule
Chap
Topic
Problems
Date(s)
1
Managerial Accounting
none
Aug. 24
9
Profit Planning
1, 2, 6, 9
Aug. 26
15
Statement of Cash Flows
4, 10, 14, 16
Aug. 31 Sep. 2, 9
16
Financial Statement Analysis
1, 2, 3, 4, 5, 11, 13, 19
Sep. 14, 16, 21, 23
Exam 1
Sep 28 (test), Sep 30 (results)
2
Cost Terms, Concepts, Etc.
1, 2, 5, 10, 11, 12, 25, 27
Oct. 5, 7
3
Job-Order Costing
1, 15, 23, 25, handouts
Oct. 12, 14
4, 4A
Process Costing
2, 3, 11, 12, 14, 15
Oct. 19, 21
5
Cost Behavior: Analysis and Use
6, 7, 8, 10, 11, 17
Oct. 26, 28
Nov. 2 (test), Nov. 4 (results)
Exam 2
6
Cost-Volume-Profit
Relationships
10, 11, 14, 16, 18, 19, 21, 28
Nov. 9, 11, 16
7
Variable Costing
5, 6, 7, 8
Nov. 18, 23
8, 8B
Activity Based Costing
7, 24, 28
Nov. 30 Dec. 2
10
Standard Costs
2, 9, 10, 11, 12, 14, 17, 19, 27, 30
Dec. 7, 9
Dec. 14
Final Exam
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