SYLLABUS

 

1.    Wayland Baptist University,  San Antonio Campus, School of Business

 

2.    Mission Statement:  Wayland Baptist University exists to educate students in an academically challenging,

learning-focused and distinctively Christian environment for professional success, lifelong learning, and service to God and humankind.

     

3.    Course:  Name – ACCT 3308 – SA01, Managerial Accounting      

                         

4.    Term: Summer 2009

 

5.    Instructor: Dr. Tim Parker, Professor of Business, Wayland Baptist University

 

6.    Office Phone and email: park5er@gmail.com (best way to get in touch with me)  Office: 210.826.7595 (checked 2x per week), Home 210.408.0118 (not after 10 pm please)

 

 

7.    Office Hours, Building, and Location:1-5 pm Tue and Fri, San Antonio, room 155

 

 

8.    Class Meeting Time and Location: WBU Room 110, 6-10:10 pm

 

            9.    Catalog Description:  An overview of managerial accounting including, but not limited to, activity-based             costing, costs for decision-making, budgeting, controlling, product costing, inventory management tools, quality             costs, and cost-volume-profit analysis. Credit will not be awarded toward degree for both ACCT 2306 and ACCT             3308.

 

10.  Prerequisites:  ACCT 3307

 

11.  Required Textbook and Resources:

 

BOOK

AUTHOR

ED

YEAR

PUBLISHER

ISBN#

REVIEW

Financial and Managerial Accounting

Warren/Reeve

10th

2007

Cengage Learning

0-324-66381-1

Spring 12

                        CHAPTERS: 13, 14, 16 – 19, 21, 23 -26

 

12.  Optional Materials: Online learning center with text.

 

13.  Course Outcome Competencies:  Describe the differences between managerial and financial accounting.

  • Evaluate the organizational role of management accountants.
  • Define and illustrate materials, factory labor, and factory overhead costs.
  • Describe accounting systems used by manufacturing businesses.
  • Describe and prepare summary journal entries for a job order cost accounting system.
  • Distinguish between job order costing and process costing systems.
  • Explain and illustrate the physical flows and cost flows for a process manufacturer.
  • Calculate and interpret the accounting for completed and partially completed units under the FIFO method.
  • Prepare a cost of production report.
  • Prepare journal entries for transactions of a process manufacturer.
  • Use cost of production reports for decision making.
  • Contrast just-in-time processing with conventional manufacturing practices.
  • Classify costs by their behavior as variable costs, fixed costs, or mixed costs.
  • Compute the contribution margin, the contribution margin ratio, and the unit contribution to achieve a target profit.
  • Using the unit contribution margin, determine the break-even point and the volume necessary to achieve a target profit.
  • Using a cost-volume-profit chart and a profit-volume chart, determine the break-even point and the volume necessary to achieve a target profit.

 

14.  Attendance Requirements:

 

15.  Disability Statement:  “It is university policy that no otherwise qualified disabled person be excluded from participation in, be denied the benefits of, or be subject to discrimination under any educational program or activity in the university.”

 

16:  Course Requirements and Grading Criteria:

 

17.  Tentative Schedule: (Calendar, Topics, Assignments)

 

18.  Additional information as desired by the faculty member.