| Course Title | Code | Semester | L+U Hour | Credits | ECTS |
|---|---|---|---|---|---|
| Cost Accounting | OEM404 | 8. Semester | 2 + 0 | 2.0 | 4.0 |
| Prerequisites | None |
| Language of Instruction | Turkish |
| Course Level | Undergraduate |
| Course Type | |
| Mode of delivery | face to face |
| Course Coordinator |
Assoc. Prof. Dr. Tarık GEDİK |
| Instructors |
Tarık GEDİK |
| Assistants | |
| Goals | To instruct to the Forest Industry Engineers to execute cost accounting applications, to teach cost calculation process and to give facility understanding the effect to the cost of decisions that taking |
| Course Content | Definition of Cost Accounting, Aims, Place and Importance, Cost - Expense - Expenditure Concepts, Principles of Cost Accounting Classifying of Costs, Factors Affecting Cost Structure of Enterprise, Production Cost, Amount Balance, Direct Raw Material and Supply Expenses, Direct Labor Cost, Main Production Expenses, Activity Expenses, Cost Systems and Applications, Order Cost Method, Phase Cost Method, Costs and Operating Decisions, Operating Decisions, Alternative Selection Decisions, Using of Cost to Determine Product Sales Price, Pricing Methods Based on Cost |
| Learning Outcomes |
- Understand and recognize cost, cost accounting, aims of cost accounting. - Recognize expense, spending, what the financial information systems are and use them in application. - Comment which cost entry expresses what by classifying costs. - Learn what production expenses are and can recognize these types of expenses among the others. - Recognize direct raw materials and supplies expenses and computing costs and they can compute cost with these informations in application. - The students can compute a product cost by arranging cost table. - Recognize and understand direct labour expenses, activity axpenses and types, general production expenses. |
| Week | Topics | Learning Methods |
|---|---|---|
| 1. Week | Definition of Cost Accounting, Aims, Place and Importance of Cost | |
| 2. Week | Cost - Expense - Expenditure Concepts, Principles of Cost Accountingverbal lecture | |
| 3. Week | Stock assessment methods (average cost method) | |
| 4. Week | Stock assessment methods (FIFO, LIFO, according to standard ratings) | |
| 5. Week | Stock assessment methods (Standard price method, the market price method) | |
| 6. Week | Direct Labor Cost, Main Production Expenses | |
| 7. Week | Labor costs (bonuses, labor costs) | |
| 8. Week | midterm exam | |
| 9. Week | Production overheads (simple distribution) | |
| 10. Week | Production overheads (Stage distribution) | |
| 11. Week | Production overheads (mathematical distribution) | |
| 12. Week | Overall production costs (planned deployment) | |
| 13. Week | Wastage, defective production | |
| 14. Week | Damaged products, residues and co-products |
| Savcı, M., Maliyet Muhasebesine Giriş, Akademi Yayınevi, 1999, Ankara, 302 s. |
| Program Requirements | Contribution Level | DK1 | DK2 | DK3 | DK4 | DK5 | DK6 | DK7 | Measurement Method |
|---|---|---|---|---|---|---|---|---|---|
| PY1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY4 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY5 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY6 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY7 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY8 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| 0 | 1 | 2 | 3 | 4 | 5 | |
|---|---|---|---|---|---|---|
| Course's Level of contribution | None | Very Low | Low | Fair | High | Very High |
| Method of assessment/evaluation | Written exam | Oral Exams | Assignment/Project | Laboratory work | Presentation/Seminar |
| Event | Quantity | Duration (Hour) | Total Workload (Hour) |
|---|---|---|---|
| Course Hours | 14 | 2 | 28 |
| Midterm 1 | 1 | 15 | 15 |
| Final | 1 | 34 | 34 |
| Practice End-Of-Term | 1 | 15 | 15 |
| Classroom Activities | 1 | 10 | 10 |
| Total Workload | 102 | ||
| ECTS Credit of the Course | 4.0 | ||
