FOOTHILL COLLEGE

Course Accounting 66---Cost AccountingProfessor Farima Fakoor, MBAOffice Hours Via email E-Mail Address ffakoor@yahoo.com

Mailing Address Foothill College12345 El Monte Rd.Los Altos Hills, CA 94022

Quarter Spring 2012Time and Place OnlineRequired Materials 1. A Java-capable Internet browser to access ETUDES

2. Daily access to a computer (preferably a PC)3. Daily access to the Internet4. Microsoft Office 5. A pocket calculator - Example : HP12

Texts Principles of Cost Accounting. Edition 15; Author: Vanderbeck ISBN 9780840037039 (This ISBN number is only for the text book)REQUIRED

ISBN 9781111168452 (This ISBN number is for the working papers and the study guide) It can be purchased separately and it is OPTIONAL.

Other Requirements1. The ability to use ETUDES – NG as the tool to obtain course

materials and participate in class discussion2. A permanent e-mail address to receive course materials and

correspondence from the instructor3. The ability to use the Web for research purposes, including

proficiency in using search engines4. Familiarity with e-mail, including knowledge of receiving and

sending attachments

Prerequisites Financial Accounting 1C with a grade of C or better; or equivalent experience

Course Description

This is a transferable course for business and accounting students. Cost accounting is the process of accumulating, measuring, analyzing, interpreting, and reporting cost information useful to both internal and external groups concerned with the way in which the organization uses, accounts for, safeguards, and controls its resources to meet its objectives.

Topics include fundamentals of activity-based costing, job-order, process cost, and standard cost accounting system.

Students will be able to:

1. Explain cost accounting terminology, principles, and concepts.

2. Explain different cost accounting methods and /or procedures.

3. Demonstrate the ability to apply the different costing methods and /or procedures to solve cost accounting problems. Examples: Variable Costing , Absorption Costing

GRADING

Homework (10 weeks HW *20) 200 PointsQuizzes (50 points each) (2*50) 100 PointsTake home exam (Midterm) 100 PointsOnline - Final examination 300 PointsSpreadsheet assignments (2 Excel Assignments)(40 points each) 80 PointsWriting assignment (Sample Corporation’s Cost Accounting Policy.)

100 Points

Class attendance and participation (10 Weeks * 10) + 20 bonus for Midterm and Final week

120 Points

Total 1000 Points

Homework

Homework must be submitted by 11:59pm Sunday evening of each week.  Homework must be saved in “Task, Test, Survey” module folder in ETUDES-NG under each week. I will review your homework for completeness and reasonableness of attempt and assign a score of 0-20.  I do not return homework, nor do I grade it for accuracy.  You must compare your

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work to the solutions that I provide for accuracy. Homework must be prepared in WORD or Excel. No copy and paste will be accepted.

I have placed an electronic copy of the solutions for the exercises and problems online in ETUDES’ module; you can obtain the solutions after you turn in your homework.

ETUDES – NG

Login Tips for ETUDES NG Students - Reasons why you may not be able to login to your class: You may be entering invalid login information using an incorrect formula. ETUDES NG course login instructions are listed at:

http://www.foothillglobalaccess.org/main/etudesng_login.htm You may be typing your User ID and/or password with the CAPS lock on. Turn off

CAPS lock and retry. If you are not a new user of ETUDES, yet you are attempting to log on with the default

password it will not work. If you are not a new user in the system, please use the old User ID and password that you had established before. Your account is not changed from term to term

You may have forgotten your password. You can request to have a new password emailed to you using the Reset Password tool.  You can find this tool by clicking on the Reset Password button on the left side of the NG Gateway webpage.

If you get an error message "Email address not found” when you click on Send Password then do one of the following:

RECOMMENDED: Update your email address with the Registrar’s Office, either in person or via the Internet at https://registration.fhda.edu/prod/web/default.jsp. Click on Foothill Registration System.

FOR EMERGENCIES ONLY: Request to Update Your NG Account (This is only a temporary solution because you MUST also update your email address with the Registrar’s Office separately.)

If you have requested to add a class, but you are not officially enrolled in the Registrar's Office, you will NOT be able to log into your online course the morning after you are officially enrolled and have paid.

You may be attempting to log on from an unsupported browser, such as AOL or MSN (see System Requirements at http://etudes-ng.fhda.edu/portal for information).

If you have been dropped from the course, you will no longer have login access.

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If your class is over and your instructor has disabled the site, you will no longer have access to the course.

Classes may not have not started yet. If the term has not started, this explains why you can't log on or access your class site. Typically, registration data is loaded on the first day of class or on Friday before classes start.

If you still have questions, you can post a message at the Student Help Desk.

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Priorities

It is important that you follow the CLASS CALENDAR included in this course syllabus. If you do not make this a priority, it is very likely that you will quickly fall too far behind to complete the course. Exams

Each exam is based on the main concepts in the text book. In preparing for the examinations, the key is a solid comprehension of the material and being able to solve a problem. Examination questions are similar to homework problems, although some questions will test your understanding of the concept and adapting to a new problem. There will be two examinations.

Exams are planned for the dates noted on the calendar. There are absolutely NO MAKE-UPS ALLOWED.

The best way to prepare for the exams is to read each chapter in the text. Next, go to the end of the chapter and respond to the exercises and problems. I will post solutions to all chapter exercises and problems for your review at the end of each week.

If you have PowerPoint presentation software on your computer, you are welcome to download each chapter’s presentation slides and save the slide on your computer’s hard disk, and open PowerPoint to view the slides in a full-screen format.

Excel Assignments

You should have access to a computer and Excel software to complete the assignments listed on the "Homework Page" of this handout.

The two major computer assignments (Excel) which will be noted out by points in the homework listing, worth 40 points each, and must be Submitted in ETUDE on the due date stated in the class calendar by 11:30. This is NOT a group assignment. Each individual must turn in his or her own assignment.

PLEASE DON’T EMAIL ME YOUR EXCEL ASSIGNMENTS/HOMEWORKS. DON’T FAX YOUR WORK TO THE BUSINESS OFFICE AT FOOTHILL COLLEGE.

You must follow the instructions listed below when completing an Excel assignment.

1. If an assignment has more than one requirement, use a separate sheet for each requirement. For example, if an assignment requires completion of an income statement, a statement of owner’s equity, and a balance sheet, assign one sheet per statement. You

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must then name each sheet. Double click at the bottom of the spreadsheet, where the word "Sheet" appears, to name each sheet.

2. If a problem requires a written response in text format, e.g., Instruction 2 for problem 2-6B, please use your own words to respond to the question. Copying exact statement from the solution manuals and turning it in as one’s own statement is recognized as plagiarism. For text format answers, feel free to use WORD and attach it as a separate file.

3. The default setting in Excel includes three sheets. To add additional sheets, select “Insert” in the menu bar and click on “Worksheet.” Please note there is a difference between assigning one sheet per requirement and one file per requirement. If you assign one file per requirement, a problem with five requirements must be saved five times. This is very time consuming. Make sure to assign one sheet per requirement to avoid this lengthy process.

4. Use the formula function of "Excel" to compute an answer. To enter a formula into a cell, place your cursor in that cell and press the equal (=) sign on your keyboard. This sign is located on the top right segment of the keyboard. The equal sign tells the computer that you are entering a formula. You may then add (+), subtract (-), multiply (*), or divide (/) depending on the calculation that needs to be completed. For instance, if you want to add E10 to E11, enter =E10+E11. Once you hit the enter key on your keyboard, the two cells will be added. To subtract, enter =E10-E11 and press the enter key.

5. Each sheet must be formatted with gridlines. To do this, click on "File," select "Page Setup," then click "Sheet" to choose "Gridlines."

6. Each assignment that is dropped in ETUDE may be printed by the instructor; therefore, please set the print area so that each sheet consists of one page. To do this, highlight the area that is going to be printed, select "File," click on "Print Area," and choose "Set Print Area." Repeat the same steps for each sheet.

7. Type in your name, the number of the problem or question, the course number (Cost Accounting 66--Online), and the instructor’s name in the top right-hand corner of each assignment.

Your grade for each assignment will be entered in the gradebook in EDTUDES – NG. You may view your grade approximately 5 days after the due date.

The assignments that do not follow the above instructions will receive zero or partial credit.

It is strongly recommended that you review the accounting concepts related to each assignment, before you solve the problem. A copy of the solutions for all spreadsheet assignments has been placed in the "Modules” site of ETUDES.

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Writing Assignment

The primary purpose of this assignment is to help students gain a better understanding of cost accounting concepts. This is not a group assignment. The requirement for this paper is minimum 5-pages/double space on a chosen company. You are required to write a cost accounting policy for the accounting department/ using and considering the concepts that you learn through out the course. I will provide some samples for your review; you are also encouraged to research on internet to find more information on Cost Accounting Policies and how they are formulated. Class Attendance and Participation

Students are also evaluated based upon their contributions to class discussions. Contributions should reflect the extent to which a student has studied the chapter under discussion in advance, and thought about its related assignments. Discussion participation and maintaining an attitude conducive to proper classroom learning are required. I require 3 posts per week in the class discussion area. Due date is Sunday by 11:30.

1 Post = 3 Points2 Posts = 6 Points3 Posts = 10 Points

Out of 120 points for class participation, 20 points will be awarded as a bonus.

Instructor Assistance

If you have any questions, you may e-mail me. Include your name and the course name in the “Subject Box” of the e-mail. Mark your e-mail “urgent” if you need an answer within 24 hours. It is important to have your current e-mail address, mailing address, and phone number so that I may reach you in a prompt manner. Please use for all matter the “Private Messages” in ETUDE, and in case of an urgent matter use email.

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Important Reminder

You must retain all your graded spreadsheets and other assignments until you receive your final grade. The grades are posted in ETUDES on the dates noted on the class calendar. Please check the grade sheet to make sure you have received credit for all assignments/exams submitted during the quarter. Please e-mail me immediately if there are any discrepancies.

The grades will be updated a week before the end of the quarter. Your final grade for the class will be displayed in the “Gradebook” site of ETUDES NG one week after the quarter ends. Please note: No corrections will be made to the grade sheet after the final exam date. Students shall obtain their final grades form Foothill College.

Academic Honor Code

Foothill College assumes that students will pursue their studies with integrity and honesty; however, when students are caught cheating or plagiarizing, a process is followed that may result in severe consequences. Please refer to the college catalog for the expanded explanation of this process, as it will be vigorously implemented should this conduct occur in work related to this class.

Withdrawal from the Course

Students assume responsibility for completing the course. Should you decide to drop the course during the quarter, you must contact the Admissions and Records Office and request to be dropped. You should also notify me so I can drop you from my grade sheet. I hope that you will find this course informative as well as useful, and that you will be encouraged to enroll in other accounting and business courses offered at Foothill College. Please make note that I don’t grant “Ws” for students who do not finish the course and fail to drop the class in a timely manner.

Final Grade

Your letter grade will be assigned based upon the following percentages:

93 - 100% A90 - 92 A-87 - 89 B+83 - 86 B80 - 82 B-77 - 79 C+73 - 76 C70 - 72 C-67 - 69 D+63 - 66 D

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60 - 62 D and Under60 F

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HOMEWORK PAGE

HOMEWORK AND SPREADSHEET ASSIGNMENTS (EXCEL)

CHAPTER STARTING PAGE

EXERCISES

PROBLEMS EXCELPROBLEMS

1 41 1, 2,3,4,8,9,10 1-1, 1-2

2 87 3,5,6,9,11,12,13 2-3

3 130 1,2,4,5,9,13 3-1

4 188 1,2,4,6,7,10 4-2 4-7 Excel

Spreadsheet due (Week 6 )

5 239 2,3,4,7,8,10 5-1

6 280 1,3,4,7,8,9,11 6-1

7 320 1,2,3,4,5,8,9 7-2

8 370 1,2,3,6,9,12,13 8-1 Start your term

paper. Due in Week 10

8-5 Excel Spreadsheet due (Week9 )

9 412 1,3,5,6,7 9-1

10 448 1,2,3,4,6,8,10,17 None

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CLASS CALENDARWinter 2012

April 9th to June 29th.

Monday- Week 1

Apr 9th Class begins, Review Introduction and Syllabus Chapter 1: Introduction to Cost Accounting. Chapter 1 Homework is due on Apr 15..at 11:30pm.

Monday – Week 2

Apr 16Chapter 2: Accounting for Materials. Chapter 2 Homework is due on Apr 15... at 11:30pm.

Monday – Week 3

Apr 23 Chapter 3: Accounting for Labor.Chapter 3 Homework is due on Apr. 22. at 11:30pm.Quiz #1: Take on line (Chapters 1, 2, 3) Friday – Sat - Sun

Monday – Week 4

Apr 30 Chapter 4: Accounting for Factory Overhead. Chapter 4 Homework is due on May 6at 11:30pm.

Monday – Week 5

May 7 Chapter 5: Process Cost Accounting Chapter 5 Homework is due on May 13. at 11:30pm Get Ready for your midterm and your First Excel Assignment!

Monday – Week 6

May 14 Review chapters 1,2,3,4,5.Excel Assignment # I due by may 20. by 11:30.Take Home Midterm (Chapter 1, 2, 3, 4, 5) due by May 20 11:30pm

Monday – Week7

May 21 Chapter 6: Process Cost Accounting. Additional ProcedureChapter 6 Homework is due on may 27at 11:30pm

Monday – Week8

May 28 Chapter 7: The Master Budget and Flexible Budgeting Chapter 7 Homework is due on June 3at 11:30pm

Monday – Week 9

June 4Chapter 8: Standard Cost Accounting – Material, Labor, and Factory Overhead. Chapter 8 Homework is due on June 10at 11:30pm

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Start your term paper due on Sunday of week 11 Term paper due: June 24Quiz #2: Take on line (Chapters 6, 7, 8)Excel Assignment # II due by June 10

Monday – Week 10

June 11.Chapter 9: Cost Accounting for Service Businesses.Chapter 9 Homework is due on June 17. at 11:30pm.Term paper due: March 18.

Monday – Week 11

June 18 Chapter 10: Cost Analysis for Management Decision MakingChapter 10 Homework is due on June 24..at 11:30pm Term paper due: June 24

Monday – Week 12 Final week

June 25 Final Exam must be taken on-line during June 25 to June 29. Comprehensive but more emphasis on Chapters 6,7, 8, 9, and 10. (Good Luck!) It must be done in one setting – No Multiple entries are allowed. No late submission is accepted.Exams must be completed by the due date. June 29th...) The exam and course site will be closed after March 30th... and the instructor will be working on finalizing the course grades.

Have a Wonderful Spring Quarter!

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