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Rutgers University School of Business-Camden

ACC 202 Management Accounting

Spring 2016

Section 52:010:02 T Th 3:00 pm – 4:20 pm BSB 132 Section 52:010:40 T 6:00 pm – 8:40 pm ATG 219 Professor: Dr. Jun Guo Email: jun.guo.acct@rutgers.edu /or jg1131@scarletmail.rutgers.edu Phone: 856-225-2585 Office: BSB 333A Office Hours: Tuesday 4:30 pm-5:30 pm and Thursday 2:00-3:00pm or by appointment Textbook: Traditional Hardcover Version of Text Title: Managerial Accounting ISBN: 978-0078025631 Author: Garrison, Noreen and Brewer Edition: 15th ` OR Loose-Leaf Version of Text ISBN: 978-0077522940 Title: Loose-Leaf edition of Managerial Accounting Author: Garrison, Noreen and Brewer Edition: 15th Calculator: It is not required that students purchase a financial calculator. But if you plan on continuing in this field you may find one useful. Personally, I recommend the Texas Instruments BAII Plus. Course website: https://sakai.rutgers.edu It is used extensively to post assignments, notes, extra problems, and any announcements - students are required to check the materials and announcements on this website frequently. Course Description: This course examines the principles, techniques, and uses of accounting in the planning and control of business organizations from a management perspective. Identified are cost behavior and classification, cost volume profit analysis, budgeting, performance measurement, and cost control etc. After completing the course, students should be able to: 1. Understand the difference between Managerial (internal) and Financial (external) accounting.

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2. Identify the concepts of Cost Behavior, Cost Volume Profit Analysis, and Short-term Decision Making, as utilized in management decisions. 3. Explain the use of Budgeting, Activity-Based Costing and Management, Cost Control, and Performance Measurement as management planning and decision tools. 4. Explain the different costs that are included by management when pricing a good or service. 5. Construct a basic budgeted Income statement. 6. Recognize the ethical and/or behavioral implications inherent in utilizing cost information in managerial decision making. 7. Prepare an operating budget and understand where and how to acquire the necessary information. Prerequisite: 52:010:101 Introduction to Financial Accounting Class Procedure: Class sessions will be a combination of lecture, problem solving and discussion. Lecture outlines will be available on course website. You should come to class having read the chapter material and be prepared. Also, for each class session, you should bring to class a printed copy of that day’s lecture outline and take notes in class. The material covered in class will follow the lecture outline and is designed to clarify and complement the text material. Class Attendance/Participation: It is the student’s responsibility to regularly attend classes. Students are responsible for all announcements made during class. You are also responsible for getting notes and learning what was covered in class if you have to miss a class. You are highly encouraged to come to my office hour regarding to the class, homework and any other question. Classroom behavior should not interfere with the instructor’s ability to conduct the class or the ability of other students to learn from the instructional program. You are expected to participate in the class professionally. Professionalism consists of class participation, timeliness, cooperation, respect for colleagues and the instructor, etc. Examples of Professionalism:

Regular on-time class attendance; Minimize unscheduled personal breaks; Fully prepared for each class, e.g. reading all chapters prior to the class in which they are

covered; Respect views and opinions of your colleagues and instructor; Phones and wireless devices are turned off. Chatting with your friend, reading unrelated material such as newspaper or surfing on the

internet is strictly prohibited.

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Grading: The course will consist of three exams, 12 in-class exercises and homework assignments. Your final grade will be determined according to the following formula:

Assignments Total Midterm exam I (Chapter 1-4) 25% Midterm exam II (Chapter 5-9) 25% Final exam 30% In-class exercises & Attendance 10% Homework assignments 10% Total 100%

Exams (80%): There are two mid-term exams and one final exam in this course. All exams are closed book, in-class exams. The format of each exam will be a combination of multiple choice questions and problems. Every effort will be made to give exams on the scheduled dates per the syllabus. The exams will be scheduled on the following dates/times: Exam 1 Class time, 2/23 Exam 2 Class time, 3/29 Final* Final week, TBA * The final exam must be taken during the final exam period. If final exam is taken before final exam week for any reason, you have to have permission from Area Head Dr. Sungsoo Kim. All dates are tentative and subject to change. Students are responsible for all announcements and schedule change made in class and on the course website. Make-up Exams or Quizzes:

Make-up exams or quizzes will be given only for documented medical or family emergencies, at instructor’s discretion. You have to provide documentation for emergencies. If you have no documentation, you will not get a make-up exam. A grade of 0 will be assigned for unexcused absences. If you have a medical/family emergency, let me know before the exam/quiz – no excuses will be accepted after the scheduled exam/quiz time.

Note: The medical report should mention that the student was too sick to take the exam on the exam date. Attendance and in-class exercise (5%+5%): Attendance is mandatory. You will have 12 in-class exercises during the whole semester. 10 best grades out of 12 will be counted. If you don’t take class, you will lose both the 5% of exercises and the 5% class attendance/participation. If you miss class and can’t submit the complete exercise in class due to medical reason, you have to provide the valid medical report for late submission. Make-up class exercise only counts as 5% and you will lose the other 5% attendance. Homework assignments (10%): You have homework for each chapter to practice what you learn. Usually you will have one week to finish your homework assignments. Later submission will be discounted at 80% (For example,

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each homework has 10 points and the highest points will be 8 for late submission). All the homework must be submitted before the solution is posted on Sakai. Grading Scale: A 100 – 90.0% B+ 89.9 – 86.0% B 85.9 - 80.0% C+ 79.9 – 76.0% C 75.9 – 70.0% D 69.9 – 60.0% F 59.9 – 0.0%

Academic Integrity: Please see http://academicintegrity.rutgers.edu Violations of academic integrity may include: cheating (the use of inappropriate and unacknowledged materials, information, or study aids in any academic exercise); fabrication (the falsification or invention of any information or citation in an academic exercise); facilitating academic dishonesty (when students knowingly or negligently allow their work to be used by other students or who otherwise aid others in academic dishonesty); plagiarism (the representation of the words or ideas of another as one's own in any academic exercise); and denying others access to information or material. Students who engage in scholastic dishonesty are subject to disciplinary penalties, including the possibility of failure in the course and dismissal from the university. Scholastic dishonesty includes but is not limited to cheating, plagiarism, collusion, the submission for credit of any work or materials that are attributable in whole or part to another person, taking an examination for another person, any act designed to give unfair advantage to a student or the attempt to commit such acts. Your student handbook provides more information regarding intellectual integrity policy. It is your responsibility to know this policy. Student Code of Conduct: Please see: http://studentconduct.rutgers.edu/university-code-of-student-conduct. Violations of the Student Code of Conduct are considered serious infractions of student behavior and subject to penalties relative to the level of the matter. Students may not disturb normal classroom procedures by distracting or disruptive behavior. Add/Drop process and course withdrawal policy: It is the responsibility of the students to be fully informed of the college catalog policies regarding course add, drop and withdrawal. Students with Disabilities: A student with a disability must contact the appropriate disability services office at the campus where you are officially enrolled, participate in an intake interview, and provide documentation: https://ods.rutgers.edu/students/documentation-guidelines If the documentation supports the student’s request for reasonable accommodations, the student will receive a Letter of Accommodation from the campus’s disability services office. The student should share this letter with his/her instructors and discuss the accommodations with them as

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early in the semester as possible. To begin this process, students complete the Registration form on the ODS web site at: https://ods.rutgers.edu/students/registration-form Contact Information at Rutgers–Camden: Mr. Tim Pure Rutgers-Camden Disability Services Rutgers-Camden Learning Center Armitage Hall, Room 240 311 North Fifth Street Camden, NJ 08102-1405 Web page: http://learn.camden.rutgers.edu/disability-services Phone: 856.225.6442 Fax: 856.225.6443 E-mail: tpure@camden.rutgers.edu Flexibility of Syllabus: This syllabus is subject to change at the instructor’s discretion; changes will be announced in class and/or course website. You are responsible for knowing any such announced changes.

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Tentative Class Schedule of Section 02

Date Chapter Chapter 1/19 T 1 Syllabus and Introduction 1/21 Th 2 Managerial accounting and cost concepts 1/26 T 2 Managerial accounting and cost concepts 1/28 Th **Cancelled due to out-of-town conference*** 2/2 T 3 Managerial accounting and cost concepts 2/4 Th 3 Job-order Costing 2/9 T 3 Job-order Costing 2/11 Th 4 Process Costing 2/16 T 4 Process Costing 2/18 Th 1-4 Exam Review 2/23 T EXAM 1 (1-4) 2/25 Th 5 Cost-Volume-Profit Relationships 3/1 T 5 Cost-Volume-Profit Relationships 3/3 Th 6 Variable costing and segment reporting 3/8 T 7 Activity-based Costing 3/10 Th 7 Activity-based Costing 3/15 T Spring Break 3/17 Th Spring Break 3/22 T 8 Master Budgeting 3/24 Th 5-8 Exam 2 Review 3/29 T EXAM 2 (Chapter 5-8) 3/31 Th 9 Flexible Budgets and Performance Analysis 4/5 T 10 StandardcostsandVariance 4/7 Th 10 StandardcostsandVariance 4/12 T 11 Performance Measurement 4/14 Th 12 Differential Analysis 4/19 T 12 Differential Analysis 4/21 Th 13 Capital Budgeting Decisions 4/26 T 13 Capital Budgeting Decisions 4/28 Th 1-13 Review for exam 5/5-5/11 TBD Final Exam

This syllabus is subject to change during the semester as necessary.

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Tentative Class Schedule of Section 40

Date Chapter Chapter

1/19 T 1 Syllabus and Introduction

1/26 T 2 Managerial accounting and cost concepts

2/2 T 2

Managerial accounting and cost concepts

2/9 T 3 Job-order Costing

2/16 T 4 Process Costing and Review

2/23 T Exam 1 (1-4)

3/1 T 5 Cost-Volume-Profit Relationships

3/8 T 6&7 Segment reporting & Activity-based costing

3/15 T Spring Break

3/22 T 8 Budgeting

3/29 T EXAM 2 (5-8)

4/5 T 9&10 Flexiblebudgeting&StandardcostsandVariance

4/12 T 11 Performance Measurement

4/19 T 12 Differential Analysis

4/26 T 13 Capital Budgeting Decisions

5/5-5/11 TBD Final Exam (Chapter 9-13)

This syllabus is subject to change during the semester as necessary.