Course Name Code Semester T+U Hours Credit ECTS
Cost Accounting ISL 303 5 4 + 0 4 6
Precondition Courses
Recommended Optional Courses
Course Language Turkish
Course Level Bachelor's Degree
Course Type Compulsory
Course Coordinator Dr.Öğr.Üyesi ZÜLKÜF ÇEVİK
Course Lecturers Dr.Öğr.Üyesi ZÜLKÜF ÇEVİK,
Course Assistants Res. Assist. Ş. Doğuş DEMİRCİ
Course Category Available Basic Education in the Field
Course Objective The aim of this course, to teach calculation to the cost of produced and sold products in the production company by using cost systems through both theoretically and practically.
Course Content In this lesson order, costs of businesses, classification of costs, Cost of raw materials and supplies, direct labor costs, determine the overhead distribution of manufacturing costs and flexible budgets, preparation of the overhead manufacturing costs, cost accounting system should be implemented on the basis of TDHP, process theory and application of special manufacturing system on basic of Standard and actual costs topics will be referred.
# Course Learning Outcomes Teaching Methods Assessment Methods
1 Knows the basic concepts of cost accounting, explain the differences between the concepts. , , , ,
2 Students differentiate direct and indirect materials, inventory valuation methods determined by using the Cost of Raw Materials and Supplies. , , ,
3 The student makes the distinction between direct and indirect labor, direct labor cost of each manufactured or consumed accounts for the order. , , , ,
4 The student knows the steps followed in the General Manufacturing Costs finished loading, or orders, or orders made from the General Manufacturing Cost amount of the accounts to be installed. , , , ,
5 The Student knows the factors which affect the cost accounting system, explain the importance of cost system in the accounting information system, and define the continuous interaction cost-measurement system with cost recording system as a field. , , ,
6 The Student explain the cost accounting system’s components, produce different cost system combination, design cost system appropriate for Companies and its production types. , , ,
7 The Student explain the importance and aim of the standard cost system, measure and state the cost standards, prepare the production standard cost cards, know the how to revise those card periodically. , , ,
8 The Student calculate the costs in the standard costs system, compare those with actual cost and make the difference analysis and journalize those differences. , , ,
9 The Student knows when the job-order costing system should be applied, send costs to the orders, open the orders cost card, calculate the produced and sold production cost by using job-order costing system and journalize it. , , ,
10 The Student knows when the process costing system should be applied, send costs to the process, open the process cost card, calculate the produced and sold production cost by using process costing system and journalize it. , , ,
Week Course Topics Preliminary Preparation
1 Basic concepts of cost- Classification of costs
2 Direct Raw Materials and Supplies and Indirect Costs of Material Determination
3 Determination of direct labor and indirect labor costs
4 Determination of the Overhead
5 Flexible Overhead Budget Preparation
6 Preparing of Statements of Cost of Sales- According to the accounts and records of cost Uniform Chart of Accounts
7 Classification of Costing Systems, Factors Affecting Cost Systems
8 Standard Costing Systems and Conceptual Frame
9 Midterm Exam
10 Standard Costing Systems- Variance Analysis
11 Job Order Costing System- Conceptual Frame
12 Job Order Costing System on Base of Turkish Uniform of Chart of Accounting System
13 Process Costing System- Conceptual Frame
14 Process Costing System- FIFO Method and Average Cost System
Resources
Course Notes
Course Resources
Order Program Outcomes Level of Contribution
1 2 3 4 5
1 Gains the required knowledge in production, marketing, management , accounting and finance.
2 Can work in teams and share information with team members in tasks of production, marketing, management, accounting and finance.
3 Identifies and analyzes problems also offers solutions in tasks of production, marketing, management, accounting and finance.
4 Contributes to projects, takes responsibility and conduct researches in tasks of production, marketing, management, accounting and finance.
5 Can define goals and objectives of organization in tasks of production, marketing, management, accounting and finance.
6 Questions the acquired knowledge in tasks of production, marketing, management, accounting and finance.
7 Believes to adapting new situations and meets the requirements of new tasks of production, marketing, management, accounting and finance.
8 Can transfer knowledge and recommendations in tasks of production, marketing, management, accounting and finance via using necessery communication tools and a foreign language effectively .
9 Open to occupational cooperation and sharing in tasks of production, marketing, management, accounting and finance.
10 Can use necessary information systems in tasks of production, marketing, management, accounting and finance.
11 Behaves in accordance with social and occupational ethic values in tasks of production, marketing, management, accounting and finance.
12 Analyses and carries out relations with stake holders in tasks of production, marketing, management, accounting and finance.
13 Follows the innovations and encourages team members in tasks of production, marketing, management, accounting and finance.
14 Questions the position of the organization and offers suggestions in tasks of production, marketing, management, accounting and finance.
15 Is conscious about universality of right, social justice, quality, saving cultural and environmental values, occupational health and safety in tasks of production, marketing, management, accounting and finance.
Evaluation System
Semester Studies Contribution Rate
1. Ara Sınav 70
1. Kısa Sınav 10
1. Ödev 10
2. Kısa Sınav 10
Total 100
1. Yıl İçinin Başarıya 50
1. Final 50
Total 100
ECTS - Workload Activity Quantity Time (Hours) Total Workload (Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 4 64
Hours for off-the-classroom study (Pre-study, practice) 16 2 32
Mid-terms 1 15 15
Assignment 6 3 18
Final examination 1 20 20
Quiz 2 5 10
Total Workload 159
Total Workload / 25 (Hours) 6.36
dersAKTSKredisi 6