ACG 2360
Cost Accounting Web-Based Syllabus
State College of Florida (SCF)
Instructor:
Amy Santos
Business/Technology Department
Office # 130, Phone # (941) 752-5511, Bradenton Campus
Email address: santosa@scf.edu
Instructor Web site: http://faculty.mccfl.edu/SantosA/santosa.htm
Textbook Web site: http://mhhe.com/lanen2e
Class Web sites:
Homework Manager: http://mh9.brownstone.net/classes/Santos-ACG2360/
Angel : http://scf.angellearning.com/frames.aspx
Course Description:
Per MCC Catalog: Prerequisite ACG 2071. The accumulation of cost data with
detailed coverage of materials, labor and factory overhead, job order and process costing,
budgeting and standard costs.
Per Instructor: The course provides an introduction to cost accounting, a field of
business that develops the financial and non-financial information necessary to
effectively manage the firm or organization.
Cost accounting is a field in transition, moving from a procedural focus on
stewardship accounting to a strategic focus on the use of accounting to facilitate the
business success of the enterprise -- for both manufacturing and service firms. Also, the
concepts of cost accounting are increasingly applied to government and not-for-profit
organizations; in order to help them succeed in their service missions and be responsible
to the citizens and funding agencies.
Performance Objectives:
Upon successful completion of this course, the student will be able to:
 Describe the nature of cost accounting
 Recognize and implement the various cost concepts and techniques for planning
and control in a manufacturing environment
 Describe the manufacturing process and the costs associated with that process
 Describe the different types of costs and cost concepts based upon the
characteristics they possess
 Describe the basic features of the different cost accounting systems
 Identify the concepts and procedures relating to a job order cost system and a
process cost system
 Identify the concepts and procedures involved in accounting for joint and byproducts
 Describe activity-based cost systems for management
 Identify the general concepts of standard costing regarding materials, labor, and
overhead
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

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Describe absorption and variable costing systems
Develop an understanding of the concepts and procedures involved in accounting
for joint products and by-products
Develop an understanding of the concepts and procedures relating to a standard
cost system
Develop an understanding of the various cost concepts and techniques for
planning and control
Course Materials:
Fundamentals of Cost Accounting: By Lanen, Anderson, and Maher, Second Edition
(McGraw-Hill Irwin, 2008).
Course Policies and Procedures:
Delivery Method: This course will follow a Web-based format. All class materials and
resources will be available via Homework Manager and Angel. Students must use their
SCF email address when they register on the HM site.
Class Interaction: Students and instructor can communicate via telephone, email, and
Angel various communication tools. Campus meetings with instructor can be scheduled
during instructor’s office hours; an appointment must be secured.
Chapter Quizzes: Available only via Homework Manager, must be completed within the
specified time-period, and only one attempt is allowed.
Chapter Assignments: Available only via Homework Manager, must be completed
within the specified time-period, and two attempts are allowed.
Midterm and Final Exams: Will be available online for a 3-hour period or at the College
Testing Center during regular operating hours, for a week; only one attempt is allowed.
The final exam will take place during SCF’s final exam’s week and only between
Monday-Wednesday. Midterm make ups are allowed in extreme circumstances. Due to
time constraints, Final Exam make ups are not allowed.
Discussion Forums in Angel: Answers to the weekly discussion questions should be
the only comments posted in this area. PLEASE DO NOT USE THE DISCUSSION
FORUM FOR PERSONAL OR INDIVIDUAL CLASS QUESTIONS/CONCERNS!
All other issues/questions/concerns should be submitted to the instructor via email,
phone, or in person.
CHAPTER READINGS AND ASSIGNMENTS/EXAMS LIST
Wks
Topic
Reading Assignment
1
Fundamentals of Product and Service Costing
Ch 6
2
(Same as week one)
Ch 6
3
Job Costing
Ch 7
4
(same as week three)
Ch 7
Ex 6-18, 6-25, 6-35
Problem 6-39
Problems 7-29, 7-31, 7-34, 7-36
5
Process Costing
Ch 8
6
(same as week five)
Ch 8
7
Activity-Based Costing
Ch 9
8
Ch 6-9
9
(same as week seven)+ Review for midterm
exam
Midterm exam
10
Fundamentals of Cost Management
Ch 10
Ex 10-23, 10-31, 10-37
11
(same as week ten)
Ch 10
Problems 10-40, 10-41
12
Service Department and Joint Cost Allocation
Ch 11
Ex 11-34, 11-36
13
(same as week twelve)
Ch 11
Problems 11-39, 11-47
14
Fundamentals of Management Control
Systems
Ch 12
Ex 12-22. Prob. 12-30
15
Transfer Pricing
Ch 15
Ex 15-16, 15-23. Prob. 15-24,
15-25, 15-27
16
Review for final exam
Ch 10-12
& 15
Practice final exam (HWM)
17
Final Exam
Ch 10-12
& 15
As scheduled by MCC
Evaluation and Grading:
Study Skills & Organization
Chapter Quizzes
Chapter Assignments
Angel Challenge Postings
Midterm Exam
Final Exam
Total
Ex 8-20, 8-21, 8-34
Problems 8-42, 8-45
Ex 9-23, 9-25, 9-28. Prob. 9-33
Practice midterm exam (HWM)
Ch 6-9
4 points
20 points
20 points
16 points*
20 points
20 points
100
*This includes participation in the discussion forum (feedback and # of postings),
timely completion of individual task assigned. A detailed grading scale is posted in
Angel.
Withdrawal Policy:
The Manatee Community College policy, as stated in the college catalog, allows students
to withdraw from any course without academic penalty (WF) by a specific withdrawal
deadline. The specific date for each term may be found in the class calendar in Angel.
Cost Accounting - Proposed Schedule
Week #
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
15
17
Dates
8/24-8/30
8/31-9/6
9/7-9/13
9/914-9/20
9/21-9/27
9/28-10/4
10/5-10/11
10/12-10/18
10/19-10/25
10/26-11/1
11/2-11/8
11/9-11/15
11/16-11/22
11/23-11/29
11/30-12/6
12/7-12/13
12/14-12/18
Chapters
6
6
7
7
8
8
9
9+Midterm Review
Midterm Exam
10
10
11
11
12
15
Final Review
Final Exam
Quizzes/Assign. Deadlines
9/6
9/6
9/20
9/20
10/4
10/4
10/18
10/18
TBA
11/8
11/8
11/22
11/22
11/29
12/616
----TBA