Work Schedule - A&MIS 525
Autumn 2004 

Legend

Note:  Two copies of the 10th edition of Cost Accounting: A Managerial Emphasis by Charles T. Horngren, George Foster, and Srikant M. Datar, have been placed on closed reserve in the Business Library.

Week 1

Session 1 - Thursday,  September 23

Topics:  Overview of the course, overview of management activities, a conceptual framework for managerial accounting, review of the modeling of total cost behavior, and creating graphs in Excel

Read:   Chapter 1 of HDF (your text) and PowerPoint slides.

Prepare:  Assignments  Familiar Dairy Company and exercise 2-21 [use Excel to create the graph (chart) for requirement 2]

Class activities:  Preview of Go Trailer Company, modeling of step-fixed and segmented linear costs, preview of Igo Trailer Company, review behavior of unit costs, discussion of flexible budgeting, and discussion of the assigned problems.

Practice Problem:   Fitch Cycle Co. (with solution)

Wednesday, September 29:  Submit Go Trailer Company problem by 9:00 AM on  (see assignments page for details)

Session 3 - Thursday, September 30

Topics:  Flexible budgeting, activity analysis & modeling, and budgeted activity cost rates (BACRs)

Read:  HDF chapter 4, pp. 216 - 9; notes on Flexible Budgeting and Budgeted Activity Cost Rates; and PowerPoint slides

Prepare:   Jones Electronics Co.  and HDF exercises 2-25 and 2-33.

Class activities:  Discussion of Go and Igo Trailer Company assignments, Jones Electronics Co., and exercises 2-33 and 2-25

Practice Problems:   Johnson Electronics

Week 3

Sunday, October 3:  Submit Igo Trailer Company problem by 7:00 p.m. (see assignments page for details)

Session 4 - Tuesday,  October 5

Topics:  Costing of acivities, jobs, products and services

Read:  Chapters 4 & 5, and PowerPoint slides

Prepare:   Kareem's (solution), HDF exercises 4-24 and 4-25

Class activities:  Preview Yougo and Wego problems and discussion of job-order costing (Kareem's and HDF exercises 4 - 24 and 4 - 25)

Practice Problems:   The Barron Company with solution

Session 5 - Thursday, October 7

Topics:  Conditions under which increasing the number of cost pools is apt to be cost-effective, job-order costing, process costing

Class activities:   Provide feedback on Wego Trailer Company, lecture on process costing, discuss the role of ABC in process costing, present template for process costing, and go over the assigned problems.

Practice Problems: Alaska Company and   NuDelta (solution)

Session 7 - Thursday, October 14

Topics:  Process costing algorithm including spoilage and shrinkage

Read:   HDF chapter 18 (weighted-average method only) and PowerPoint slides

Prepare:  Prepare exercise 5 - 26 (Idaho Potatoes) and exercises 18 - 21  and 18 - 17 & 18

Class activities:  Review HDF exercise 5-26 in general, and demonstrate use of an Excel worksheet for process costing computations for exercises 17 - 18, 19 and 20, and 27 (see homework template from WebCT)

Practice Problem: The Producer's Cooperative

Thursday, October 14:  Submit exercise 5-26 before 11:55 p.m. (see assignments page for details)

Week 5

Sunday, October 17:  Submit problem 18-30 before 7:00 p.m. (see assignments page for details)

Session 8 - Tuesday, October 19

Topics:  ABC for Standard Costing

Read:  HDF chapters 7 & 8, illustration, and PowerPoint slides

Prepare:   The Blocker Company, Nugent Bionics Company, and problem 7-40

Class activities:  Lecture on standard ABC costing and discuss assigned problems.

Practice problems with solutions:   Mitchell and Phfud

Session 9 - Thursday, October 21

Topics:  ABC systems for Standard Costing

Read:  HDF chapter 8, standard cost review problem, PowerPoint slides, and Alkaire Corporation

Prepare:  exercises 8-29 and 8-30, Martin Manufacturing Co., and George Company

Class activities:  Discussion of standard ABC costing followed by a lecture on the allocation of joint costs to products

Practice problem with solution:   Beal, Inc.

Thursday, October 21:  Submit Owens Co. before 11:55 p.m. (see assignments page for details)

Week 6

Sunday, October 24:  Submit Owens II Co. before 7:00 p.m. (see assignments page for details)

Session 10 - Tuesday, October 26

Topics:  Joint Product Costing and tactical decision analysis

Read:  Chapter 16, PowerPoint slides, notes "Joint Product Costs", and an illustration

Topic:  Tactical decision analysis

Read:  HDF chapter 14 (pp. 482-96), chapter 15 (pp. 522-36),  PowerPoint slides, and the illustration Simple

Prepare:  Darcy's Discs and HDF exercises 11-20, 11-29, and 11-30

Class activities:  Lecture on relevant Excel tools and discuss tactical decision analysis

Wednesday, November 10:  Letsgo Aluminum Inventory worksheet for bonus credit due before 11:55 p.m. (submit Excel worksheet for grading for 25 points)

Thursday, November 11 - Veterans Day Holiday

Friday, November 12:  Submit Letsgo II before 5:00 p.m. (see assignments page for details)

Week 9

Sunday, November 14:  Submit Letsgo III before 7:00 p.m. (see assignments page for details)

Session 15 - Tuesday, November 16

Topics:  Capital budgeting

Read:  HDF chapter 21 and PowerPoint slides

Prepare:   Thomas Horton, Inc. and Ohio Instruments

Class activities:  Review capital budgeting analysis assignments and lecture on adaptive planning

Practice problems:  Exercise 14-24

Session 16 - Thursday, November 18

Topics:  Revenue, contribution margin and gross margin analysis

Read:  Notes on Performance Measurement, HDF chapter 14, pp. 496-503, & PowerPoint slides

Prepare:   Arsco (see the related calculation Wizard) and Problem 14-34

Class activities:   Discuss comprehensive variance schemes

Thursday, November 18:  Submit Darcy's Discs before 11:55 p.m. (see assignments page for details)

Week 10

Sunday, November 21:  Submit problem 21-31 before 7:00 p.m. (see assignments page for details)

Session 17 - Tuesday,  November 23

Topics:  Divisional performance measurement

Read:  Notes on Divisional Performance Measurement, HDF chapter 22, and PowerPoint slides

Prepare:   Gibson Salt Co. and Scent Company

Class activities:  Discussion of assignments and mini-lecture on transfer pricing

Practice Problems:   Freedom, Inc.

Thursday, November 25--Thanksgiving Holiday

Class activities:  Discussion of the assigned problems, transfer pricing, and tactical decision analysis using Excel solver.

Practice Problem:   DowPont, Inc. (solution)

Prepare:   Artic Delights and the EFG2 Company, Inc. (solution)

Class activities:  Review assigned problems, administer student evaluations, and discuss final examination preparation.

Friday, December 3:  Submit HIJ Company before 7:00 p.m. (see assignments page for details)