MANAGERIAL ACCOUNTING 202

SPRING 2016 – Tues/Thurs 1:30-2:45

Instructor: Jeanette Maier-Lytle Office Hours: Tues, Thurs 10:30am-12:00pm

Office: BE 3009 Tues, Thurs 1:00-1:30pm

Phone: (812) 464-1915 Tues 3:00-4:00pm

E-mail: jcmaier@usi.edu or by appointment

COURSE DESCRIPTION

A study of managerial accounting information as it is used by managers in various types of

business organizations. The emphasis is on the development, interpretation, and application of

managerial accounting for planning activities, controlling operations, and making decisions.

Prerequisite: Accounting 201.

ROMAIN COLLEGE OF BUSINESS SKILL DEVELOPMENT

To further develop the analytical problem solving skill.

LEARNING OBJECTIVES

1. Define and distinguish between various cost classifications, such as product costs, period

costs, variable costs, fixed costs, manufacturing costs, etc.

2. Compare and contrast the traditional costing systems (Job Order and Process) with the

Activity Based Costing system.

3. Apply incremental analysis in the following types of decisions: acceptance of a special

order, make or buy, sell or process further, and the elimination of unprofitable segments.

4. Explain the benefits of the budgeting process and how to utilize a budget in controlling

costs.

5. Illustrate the capital budgeting techniques for evaluating capital expenditures.

REQUIRED MATERIALS

Managerial Accounting with MyAccountingLab, Braun, Tietz, 4th Edition

Calculator

ATTENDANCE

Attendance is important and expected. Attendance records will be kept by the instructor. More

than three absences is considered excessive and will be reflected in the final grade.

HOMEWORK/ GROUP ASSIGNMENTS

Homework problems for the assigned chapters on the tentative schedule that follows should be

worked prior to coming to class. Although you may not arrive at a satisfactory solution, the

thought process you go through in solving the problems will enhance your understanding when

they are covered in class. Another selective set of homework assignments will be worked as part

of the grade requirements in MyAccountingLab, which is discussed below. The instructor will

also make group assignments as part of the grade requirements. These group assignments will

consist of solving decision-making cases or performing outside research.

MyAccountingLab

MyAccountingLab is a computer program developed and designed to reinforce the information

introduced in the accounting text. You will use the computer program to complete exercises and

problems which will give you practice in applying basic accounting principles and procedures

covered in class. A major advantage of computer-assisted instruction is that you will be

provided immediate feedback to your responses and provided with an explanation of the

suggested solution to the exercise. In completing the lab activities, you are expected to do your

own work. You will receive three tries to arrive at the correct solution. The course id and

registration instructions will be documented in your blackboard site.

EXAMS /QUIZZES

Exams must be taken at the time scheduled. You can only use calculators for the exam. Phones

and ipads will not be permitted for use as calculators. No make-up exams will be given.

Unexcused absences from an exam will result in a grade of zero for that exam. Any points

relative to an excused absence will be carried over to the final exam. The final will be

comprehensive. Quizzes will also be given as a part of the grade requirements.

PROFESSIONAL DEVELOPMENT

Professional development activities will be required for this class. Professional development

points may be earned by attending student organization meetings (Accounting and Professional

Services Club, Beta Alpha Psi, Alpha Kappa Psi, AITP, Speaking Eagles, O’Daniel Leadership,

Economics and Finance Club, etc.), professional organization meetings (IMA, Rotary Club, etc.)

and/or plant tours.

METHODS

1. Lecture and classroom discussion of text material.

2. Application of text material in solving assigned problems.

3. Collaborative group discussions for case study analysis and problem solving.

4. Interaction with accounting practitioners.

GRADES

First Exam 100 points 90 - 100% A

Second Exam 100 points 80 - 89% B

Third Exam 100 points 70 - 79% C

Final Exam 150 points 60 - 69% D

Quizzes 50 points Below 60% F

Homework 150 points

Group Work 50 points

Professional Development 20 points

Total 720 points

ACADEMIC DISHONESTY

Academic dishonesty will not be tolerated in any form and will result in a grade of “0" for

the examination or assignment and a failing grade in the course. The instructor may also

pursue the option of starting proceedings to have a student expelled from the University for

academic dishonesty.

ELECTRONIC DEVICES

Computer laptops and Ipads should only be used during class for taking notes or following along

in an online textbook. Utilizing your laptop to engage in other activities during classroom time

will not be permitted. Cell phones should be turned “off “or on “silent vibration” and placed in

your bag or pocket before entering the classroom. If you have a potential emergency requiring

cell phone usage, you should inform the instructor ahead of time. Ipods should be turned off and

stored away before entering the classroom. Cell phones. Ipods, laptops, and Ipads are not

acceptable calculators and will NOT be permitted during quizzes and tests. If you are using your

electronic devices (texting, Facebook, etc.) during class time, the instructor reserves the right to

subtract 5 points for each offense.

CAREER ADVISING

Career advising is available through your academic advisor or any accounting professor. Please

take advantage of this opportunity to discuss the career paths open to accounting graduates and

to ask relevant questions.

AMERICANS WITH DISABILITITES ACT COMPLIANCE

If you have a disability for which you may require academic accommodations for this class,

please register with the Office of Disability Resources (ODR) as soon as possible. Students who

have or who receive an accommodation letter from ODR are encouraged to meet privately with

me to discuss the provisions of those accommodations as early in the semester as possible. To

qualify for accommodation assistance, students must first register to use the disability resources

in DR, Orr Center Rm. 095, 812/464-1961 http://www.usi.edu/disabilities. To help ensure that

accommodations will be available when needed, students are encouraged to meet with course

faculty at least 7 days prior to the actual need for the accommodation.

AVAILABLE SUPPORT SERVICES

The University has a number of support services which are available for students. The

Counseling Center located in the University Division provides counseling services for students

with learning, physical or other disabilities. Please contact the Counseling Center to learn more

about this service. Academic Skills provides tutoring for many lower level courses. Contact the

Academic Skills office to determine the courses and hours of tutoring services. If you are

interested in an internship in your field, you can contact the Career Placement Center.

Maier-Lytle ACCT202.002 Tentative Schedule 1:30-2:45PM BE0035 DATE

READING ASSIGNMENT

CLASSROOM HOMEWORK

Jan 12

14

Introduction

Chapter 1 – Managerial Accounting

S1-2, P1-23A

Jan 19

21

Chapter 2 – Building Blocks of Managerial

Accounting

E2-21A, E2-25A, E2-26A

Jan 26

28

Chapter 3 – Job Costing

S3-5, E3-18A, P3-44A

Feb 2

4

Chapter 4 – Activity Based Costing

S4-4, E4-19A, P4-41A

Feb 9

11

EXAM I (Chpts 1, 2, 3 and 4)

Chapter 5 – Process Costing

E5-25A

Feb 16

18

Chapter 5

Chapter 6 – Cost Behavior

E5-30A, E5-31A

S6-7, E6-23A

Feb 23

25

Chapter 7 – Cost-Volume-Profit Analysis

S7-1, S7-3, S7-4, S7-13, E7-37A

Mar 1

3

Chapter 8 – Relevant Costs for Decisions E8-21A, E8-28A, P8-42A,

P8-45A, P8-46A

Mar 7-13 Spring Break – No classes

Mar 15

17

Chapter 8

EXAM II (Chpts 5, 6, 7 and 8)

Mar 22

24

Chapter 9 – Master Budget

Chapter 9

S9-3, S9-4, S9-5, E9-25A, P9-57A

Mar 29

31

No Class – Assessment Day

Chapter 10 – Performance Evaluation

P10-43A, P10-44A

Apr 5

7

Chapter 10

Chapter 11 – Standard Costs and Variances

S11-1, S11-2, E11-18A, E11-20A,

P11-48A

Apr 12

14 EXAM III (Chpts 9, 10 and 11)

Chapter 12 – Capital Investment Decisions

S12-2, S12-3, S12-4

Apr 19

21

Chapter 12

Chapter 14 – Financial Statement Analysis

S12-11, S12-12, S12-13, P12-56A

Apr 26

Chapter 14 E14-12A, E14-16A, P14-36A

Apr 28 FINAL EXAM (Comprehensive) 1:30-3:30pm