University of Central Florida
College of Business Administration/School of Accounting
Fall 1999
ACG 2071 - Principles of Managerial Accounting
| Lois
S. Mahoney
BA 444 Phone 823-5809 E-Mail lois.mahoney@ucf.bus.edu |
Office
Hours: TR 9:20-9:50
TR 11:15-11:30 Others by appointment or just drop in |
| Home Page http://pegasus.cc.ucf.edu/~lmahoney/ |
Description: The objective of this class is to thoroughly familiarize
the student with the various uses of accounting information for product
costing and inventory valuation, business planning and control, and management
decision support.
Material: Introduction to Management Accounting, 11th Edition,
by Horngren, Sundem and Stratton, published by Prentice Hall, 1999. (Study
guide and working papers are optional.)
Evaluation: The course grade will be based on examination scores, computer assignment, and Internet assignment. Makeup examinations will not be given. If you miss any exam for medical reasons and can verify your illness with a statement from your doctor or clinic, your final examination grade will count for the missing exam. Missing an exam without an excused absence will result in a zero score for that exam. Missing two examinations will disqualify you from receiving a passing grade in the course. Your grades will be maintained on the WEB CT
WEB-CT Course notes, practice quizzes and your grades are maintained
on the WEB CT. To enter WEB CT please go to my home page and click on ACG
2071 WEB CT. Your user name is the first initial of your first name and
your last name all written in lower caps. Your password is your first name
all in lower caps. (If you first name has only three characters, you need
to repeat the last letter twice: i.e. "dan" would be "dann". It is strongly
recommended that you change your password during the first time you enter
WEB CT for your own protection.
Grading: Maximum Points
Final Exam 100
Individual Computer Assignments-Choose 1 100
TOTAL POINTS 500
Homework: Success in any accounting class requires keeping
up with the material assigned through an in-depth study of each chapter
and the timely completion of the homework exercises, problems, and cases
assigned. The material assigned on a particular day should be completed
prior to that class period. Time will not be allowed for completion of
problems during the class period. There will be only enough time to discuss
your problem areas and check your answers.
November 25 Holiday
Note: No form of academic dishonesty will be tolerated. Cases of academic dishonesty of any type will be dealt with in accordance with the following sections of the University’s publication, The Golden Rule, page 21,
III, A1, 2, 3, 4: III, B1, 2, 2, 4 & 5.
TENTATIVE
Subject to Change
Weekly Assignment Schedule
ACG 2071 Fall 1999
DATE CHAPTER ASSIGNMENTS
| August 19 | Introduction | |
| August 24 | Chapter
1 Managerial Accounting & the
Business Organization |
1-24, 1A2, 1-B1, 1-33 |
| August 26 | Chapter
2 Introduction to Cost Behavior
and Cost-Volume Relationships |
2-B1,2-26, 2-29, 2-36, 2A-1, |
| August 31 | Chapter 2 Continued | |
| September 2 | Chapter 3 Measurement of Cost Behavior | 3-25, 3-273-A33-A1 |
| September 7 | Chapter 3 Continued | |
| September 9 | Chapter
4 Cost Management Systems and
Activity-Based Costing |
4-30, 4-B2, 4-31, 4A1, 4-40 |
| September 14 | Chapter 4 Continued | |
| September 16 | Exam 1 Chapters 1-4 | |
| September 21 | Chapter
5 Relevant Information and
Decision Making: Marketing Decisions |
5-25, 5-A1, 5-B2, 5-B3, 5-26, 5-31, 5-32 |
| September 23 | Chapter 5 Continued | |
| September 28 | Chapter
6 Relevant Information and
Decision Making: Production Decisions |
6-A2, 6,A4, 6-B3, 6-25, 6-27, 6-26 |
| September 30 | Chapter 7 The Master Budget | 7-24, 7-26, 7-28, 7-29, 7-32 |
| October 5 | Chapter 7 Continued | |
| October 7 | Chapter
8 Flexible Budget and Variance
Analysis |
8-21, 8-22, 9-A3, 8-B2, 8-39, 8-40 |
| October 12 | Chapter 8 Continued. | |
| October 14 | Exam 2 Chapter 5-8 | |
| October 19 | Chapter 9 Management Control systems and Responsibility Accounting | 9-31, 9-38 |
| October 21 | Chapter 10 Management Control in Decentralized Organizations | 10-A2, 10-A1,10-A3, 10-B3 |
| October 26 | Chapter 10 Continued | |
| October 28 | Chapter 11 Capital Budgeting | 11-20, 11-33,11-40. 11-42 |
| November 2 | Chapter 11 Continued | |
| November 4 | Chapter 12 Product Costing | 12-A2,12-A4,12-26,12-24 |
| November 9 | Chapter 12 Continued | |
| November 11 | Holiday | |
| November 16 | Exam 3 Chapter 9-12 | |
| November 18 | Chapter 13 Job-Costing Systems | 13-A3, 13-26, 13-28 |
| November 23 | Chapter 14 Process Costing Systems | 14-20, 14-25, 14-28, 14-27, 14-A2, 14-38 |
| November 25 | Holiday | |
| November 30 | Chapter 14 Continued | |
| December 2 | Review | |
| December 9 | Final Exam (3 hours) 10:00 to 12:50 |
Computer Assignment
ACG 2071
You are to solve an accounting problem using a Lotus or Excel spreadsheet software. The objective of the assignment is to (1) help you understand how computers can help solve managerial problems, and (2) ensure your familiarity with spreadsheet software. You will be required to turn in two forms of your solved problem. The first copy will be the numerically solved problem that will be graded on appearance. The second copy should show the formulas used in the computation (Your software should allow you to change the output to formulas). You are allowed to enter the numbers given once and only once into your spreadsheet and are not allowed to copy numbers/names.
Your grade on the computer assignment will be based upon the following breakdown of points:
Appearance 15
Write up of answer 15
Correct answer 20
Entering each number only once 15
Using Range Names 15
Use of spreadsheet functions (i.e.: sum, if,
present value, etc) 20
TOTAL 100
Any assignment turned in that resembles another will be given a grade of "0".
Function Examples
Excel Lotus
= Sum (A1...A10) + Sum (A1...A10)
= NPV (l1, A10...A16) + NPV (.1, A10, A16)
= IF (X1>X2, X4, X5) +IF(X1>X2, X4,X5)
= C7 + C7
Average
(A1..A10) +Average(A1..A10)