COLLEGE OF BUSINESS & PUBLIC AFFAIRS

DEPARTMENT OF ACCOUNTING, ECONOMICS, FINANCE AND INTERNATIONAL BUSINESS

Course Data Sheet

Spring Semester 2006

 

 

Course Number:

Accounting 202; Section 002; Class meets 1:00-2:15 PM Monday and Wednesday

Course Title:

Managerial Accounting Information for Decision Making

Term, Level and Credit:

AY 2005-2006, undergraduate, 3 credit hours

 

 

Course Description:

Uses of accounting information for managerial decision making to aid planning and control activities of managers in business enterprises. Topics include methods for determining the costs of products and services, for assessing product and project profitability, and for budgeting and monitoring of costs and profits.

 

 

Course Prerequisites:

Grade of C or better in ACCT 201 or ACCT 300

 

 

Course Text:

Fundamental Managerial Accounting Concepts, 3rd Ed. , Edmonds, Edmonds, Tsay, Olds, and Schneider. ISBN 0-07-299105-4.  Workbook and study guides are optional.

You are expected to have a text book at all class sessions.

Mission of the College Of Business and Public Affairs:

The College of Business and Public Affairs, consistent with the overall Mission of The University of Tennessee at Martin, develops leaders whose skills, innovative abilities and ethical standards contribute to a diversified and dynamic society. With a primary focus on teaching, the College emphasizes quality undergraduate and graduate instruction and faculty commitment to student and regional development. Programs are delivered in an environment that encourages a broad understanding of the forces shaping global social, political and economic change. The College promotes and supports cooperative alliances with stakeholders and outstanding teaching, research, and service.

 

 

Learning Goals related to

The course addresses the following learning goals of the undergraduate business program:

the College's Mission

CBPA 1 - development of an understanding of the global business aspects**
CPBA 2 - an understanding of the ethical business aspects
CBPA 4 - development of problem solving/analytical skills
CBPA 5 - an understanding of the business core **
CBPA 7 - development of verbal and written communication skills

** learning goals for these areas covered in class readings and discussions; Chapters 1,2,4,6,7,9,12

 

 

Course Objectives:

The study of Managerial Accounting Information for Decision Making has as its objective to provide the student with an understanding of:

 

  1. the decision making role of managers,
  2. the production process and product costing,
  3. the nature of costs and how cost behavior affects the decision making process,
  4. the difference between short-run and long-run decisions,
  5. the budget and other tools for planning, control and performance evaluation,
  6. the importance of non-financial measures of performance, and
  7. the relationship to the business core and to prepare the student for further study in other business courses.

 

 

Course Requirements:

  1. Students are responsible for reading each chapter and preparing assignments from the text. Each chapter should be read before it is covered in class. All assignments are due on the date they appear on the assignment sheet and will not be accepted late. If you are going to be absent assignments can be faxed to me at (731) 881-7241 or e-mailed to me as an attachment to bputman@utm.edu.
  2. There will be three scheduled exams and a final comprehensive exam (100 points each) on May 9 at 3:00-5:00 pm. If for any reason a student cannot attend a regularly scheduled exam, it is the student's responsibility to contact the instructor prior to the time of the exam. Exams one through three may be not made up. Instead, if you miss one of these exam periods, your grade on the fourth exam will be substituted for the missed exam. If you miss two exams, you will receive zero on the second exam. To make things fair for those who take all exams, your final exam performance will be compared with your one through three exam scores. If the final exam score is higher, that score will be substituted for one (only) score on the one through three exams when your course grade is computed.
  3. Participation during the progression of the course will be awarded up to 100 points.  Participation points will consist of homework assignments turned in on time (60%); attendance (20%); and classroom participation (20%).  See following  (*) below for detail.
  4. The grade distribution for the course is:

 

 

A = 90% or above        (450-500 points)
B = 80% to 89%           (400-449 points)
C = 70% to 79%               (350-399 points)
D = 60% to 69%
           (300-349 points)
F = 59% or lower             (Below 299 points)            

 

Class Data Sheet

Instructor:

Dr. Robert L. Putman, CPA

 

Semester:  Spring 2006

Office:

229B Business Administration

 

Phone:  (731) 881-7305 or (731)-352-5797

E-mail:

bputman@utm.edu

 

Fax:  (731) 881-7241

Web Location :

http://www.utm.edu:/~bputman/

 

Office Hours:  8:30-10:00 M, W, F and                            2:15-5:00 M & W

Publisher’s Website

http://www.mhhe.com/edmonds2006

 

 

 

*Attendance Policy: 

All students are expected to attend class and to participate in classroom discussion. Excessive absences will result in the lowering of one's participation points. More than two unexcused absences are excessive.  For each unexcused absence in excess of two, one (1) point will be deducted from the total of 20 allowed as part of your participation grade.

 

 


*Homework Policy: 

Homework is due at the start of each class meeting. It will not be taken after class. If you cannot attend, please e-mail or fax the Problems and/or Questions to me prior to class. For each problem not TURNED IN or INCOMPLETE WHEN SUBMITTED, one point will be deducted from your 60 point participation grade.  There will be no points awarded for late homework unless you have a valid excuse for such tardiness.  Points will be awarded for each problem you turn in if it is substantially complete.  If you receive an S on the problem, it means that you received satisfactory credit for that problem.  If you receive a U on the problem, it means no credit was awarded for that problem.


*Classroom

Participation 

 You will be expected to enter into classroom discussions.  This includes asking and answering questions, bringing real life situations into the classroom through initiating discussions about them, and your overall attitude demonstrated throughout the course.  You can earn the 20 points automatically if you find something in the news that pertains to anything we discuss this semester and you either make a 2-3 minute presentation to the class or write and turn in to me a 200-300 word essay that discusses the event.  This part of the course is intended to help you improve your communication skills (CBPA Learning Goal #7).

 

Grades: 

Final grades will be determined as follows:

 

 

 

First Exam                                          100 Points                                                                                   

Second Exam                                     100       
Third Exam                                         100    
Final Exam                                          100    
Participation*                                    100    
Total                                                   500  Points

* See preceding discussion on how to earn these 100 points

 

 

 

 

“All students eligible for and requesting academic accommodations due to a disability are requested to provide a letter of accommodation from P.A.C.E. or Student Academic Support Center within the first week of the semester."

 

 

 



Tentative Class Schedule

Date

Chapters

Topics

Class work

Homework Due on This Date

Relationship of Homework to the College's Learning Goals

JANUARY

18

1

Course Introduction and Review of Syllabus

 

 

 

23

1

Management Accounting: A Value- 

Added Discipline

Ex 1-1A, 1-2A,1-8A
1-9A

 

CBPA 4

25

2

Cost Behavior, Operating Leverage and Profitability Analysis

Ex 2-2A, 2-6A, 2-13A

 

Pr 1-17A, 1-20A; ATC 1-1

CBPA 4

CBPA 7

30

2

Chapter 2 concluded

Ex 2-9A, 2-10A

2-16A

 

CBPA 4

FEBRUARY

1

3

Analysis of Cost, Volume, and Pricing to Increase Profitability

Ex 3-1A, 3-2A,3-7A,

3-10A

Pr 2-17A, 2-21A, 2-27A

ATC 2-5

CBPA 4

CBPA 2

6

3

Chapter 3 concluded

Ex 3-12A3-15A, 3-16A 

 

CBPA 4
CBPA 4

8

Exam

Chapters (1 -3)

 

 

 

13

4

Relevant Information for Special Decisions

Ex 4-1A, 4-3A,4-4A

Pr 3-17A,3-22A,3-25A; ATC 3-5

CBPA 4

CBPA 2

15

4

Chapter 4 concluded

Ex 4-8A,4-14A

 

CBPA 4

 20

5

Cost Accumulation, Tracing, and Allocation

Ex 5-1A,5-2A,5-3A, 

 Pr 4-24A,4-25A,4-27A,4-30A,4-4A

CBPA 4

22

5

Chapter 5 concluded

Ex 5-13A

 

CBPA 4

27

6

Cost Management in an Automated Business Environment

Ex 6-1A, 6-3A,

Pr 5-18A,5-20A,5-25A

5-26A

CBPA 4

MARCH

1

6

Chapter 6 concluded

Ex 6-8A

 

 

6

Exam

Chapters 4-6

 

 

 

8

7

Planning for Profit and Cost Control

Ex 7-2A, 7-3A,7-10A

Pr 6-13A, 6-14A,6-19A,

ATC 6-4

CBPA 4

CBPA 7

 13-17

 

 SPRING BREAK!!

 

 

 

20

7

Chapter 7 concluded

Ex 7-5A,7-7A,7-8A

 

CBPA 4

22

8

Performance Evaluation

Ex 8-2A,8-3A,8-4A,

 

Pr 7-16A,7-17A,7-19A,

ATC 7-6

CBPA 4

CBPA 4

27

8

Chapter 8 concluded

Ex 8-11A,8-14A,8-16A

 

CBPA 4

29

9

Responsibility Accounting

Ex 9-5A, 9-6A,9-8A,

Pr 8-18A,8-19A,8-21A,8-22A,8-23A

CBPA 4

APRIL 3

9

Chapter 9 concluded

Ex 9-10A, 9-14A

 

 

5

Exam

 Chapters 7-9

 

 

 

10

10

Planning for Capital Investments

Ex 10-2A,10-4A,10-5A

Pr  9-21A,9-23A,

Ex 9-5B; ATC 9-5

CBPA 4

CBPA 2

12

10

Chapter 10 concluded

10-7A,10-8A,10-12A

 

CBPA 4

17

11

Product Costing in Service and Manufacturing Entities

Ex 11-1A, 11-6A,11-8A

Pr 10-17A,10-19A,10-22A; ATC 10-1

CBPA 4

CBPA 5

19

11

Chapter 11 concluded

Ex 11-10A, 11-13A, 

 

 

24

12

Job Order, Process, and Hybrid Cost Systems

Ex 12-7A, 12-8A 

Ex 11-5A, 11-10A,

Pr 11-22A

 

CBPA 4

CBPA 4 

 

26

12

Chapter 12 concluded

Ex 12-1A

Pr 12-17A, Ex 12-6B

CBPA 4

MAY 1

 

Miscellaneous and review for final

 

 

 

9

3:00-5:00PM

FINAL EXAM

CHAPTERS 1-12

Place to be announced

 

 

 


Important Dates to Remember:

            January 17, 2006………………Classes Begin

                January 23, 2006………………Last day to add classes or drop with a 100% refund

                February 8, 2006………………First 100 point exam

                March 6, 2006…………………Second 100 point exam

March 10, 2006………………..Last day to drop a class unless special conditions exist

April 5, 2006…………………..Third 100 point exam

                May 2, 3, 2006………………...Study days

                May 9, 2006…………………...Final Exam