| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | MVUP20520109220 | COST ACCOUNTING | Compulsory | 2 | 3 | 4 |
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| Level of Course Unit |
| Short Cycle |
| Objectives of the Course |
| The aim of the course is
• to teach the calculation of cost of a product, semi-finished product and service
• to give students the opportunity to help the enterprise and managers to make a decision.
• to allow students to understand the operating planning
• to give the students basic information about cost of goods and services |
| Name of Lecturer(s) |
| Öğr. Grv. Neslihan Çelebi |
| Learning Outcomes |
| 1 | Explains the cost elements used in production such as raw materials,labour and general production expenses | | 2 | To be able to implement product or cost accounting systems. | | 3 | To be able to entering cost accountancy records. | | 4 | To be able to understand the basic concepts related to the cost and cost accounting | | 5 | To compose the cost center and make the cost allocations according to their method. |
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| Mode of Delivery |
| Evening Education |
| Prerequisites and co-requisities |
| Yok |
| Recommended Optional Programme Components |
| Week 1 The place of the cost accounting within the accounting system and its basic concepts 1
Week 2 Categorization of the costs 1
Week 3 Material costs and its accounting. 1
Week 4 Labor cots and its accounting. 1
Week 5 Overall production costs and its accounting. 1
Week 6 The place of the cost accounting within the uniform accounting 1
Week 7 Cost centers 1
Week 8 midrefm exam
Week 9 Cost allocation methods 1
Week 10 Product costing system 1
Week 11 Classification of material costs, inventory control procedures 1
Week 12 Material Movements and methods of Stock Values 1
Week 13 General Manufacturing Overhead Costs- Relation of Products and Expense 1
Week 14 Distribution of General Manufacturing Overhead Costs Study Materials: Study Book 1
Week 15 Arrangement of General Manufacturing Overhead Costs Allocation Tables Study Materials: Study Book 1
Week 16 Final Exam
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| Course Contents |
| • The basic concepts of cost accounting
• Categorization of the costs
• Cost factors, cost center and cost allocation methods, cost systems. |
| Weekly Detailed Course Contents |
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| 1 | The classification of accounting, aims of cost accounting | | | | 2 | Basic concepts of the cost accounting | | | | 3 | Classification of costs and functions of cost | | | | 4 | Raw material expenses and their surveillance | Examples | | | 5 | Labor costs, its classification and surveillance | Examples | | | 6 | General production expenses, sold merchandise cost chart | Examples | | | 7 | First and second distribution processes, direct distribution method | Examples | | | 8 | Mid term | | | | 9 | Progressive distribution method, matrix distribution method | Examples | | | 10 | Distribution methods and applications | Examples | | | 11 | Order cost system | Examples | | | 12 | Field cost system, physical flows chart | Examples | | | 13 | Application of field cost system in a two phased firm | Examples | | | 14 | Entering cost accounting records in the accountant according to 7/A option | Examples | | | 15 | Entering cost accounting records in the accountant according to 7/B option | Examples | | | 16 | Final | | |
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| Recommended or Required Reading |
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| Planned Learning Activities and Teaching Methods |
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| Assessment Methods and Criteria | |
| SUM | 0 | |
| SUM | 0 | | Yarıyıl (Yıl) İçi Etkinlikleri | 40 | | Yarıyıl (Yıl) Sonu Etkinlikleri | 60 | | SUM | 100 |
| | Language of Instruction | | Turkish | | Work Placement(s) | | Yok |
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| Workload Calculation |
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| Midterm Examination | 1 | 1 | 1 |
| Final Examination | 1 | 1 | 1 |
| Attending Lectures | 14 | 4 | 56 |
| Self Study | 5 | 2 | 10 |
| Individual Study for Mid term Examination | 5 | 4 | 20 |
| Individual Study for Final Examination | 5 | 5 | 25 |
| Reading | 3 | 2 | 6 |
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| Contribution of Learning Outcomes to Programme Outcomes |
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| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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