Sheridan Course Outlines

ACCG70008
Managerial Accounting 2

I: Administrative Information II: Course Details III: Topical Outline(s) Printable Version

Section I: Administrative Information

Total hours: 48.0
Credit Value: 3.5
Credit Value Notes: N/A
Effective: Winter 2016
Prerequisites: (ACCG70007)
Corequisites: N/A
Equivalents: N/A
Pre/Co/Equiv Notes: N/A

Program(s): N/A
Program Coordinator(s): N/A
Course Leader or Contact: Multiple Course Leaders
Version: 3.0
Status: Approved (APPR)

Section I Notes: This course is delivered through OntarioLearn and is hosted by Conestoga College. Access to this course is from the OntarioLearn website.

Section II: Course Details

Detailed Description
This course examines the various approaches to the treatment of fixed manufacturing overhead on income statements, various approaches for measuring performance including use of segmented income statements, various methods of allocating service department costs and the costs of a joint processes, various methods of arriving at prices for products and services, the nature and importance of accounting for quality costs, and various methods of analyzing cost behavior. This course is delivered through OntarioLearn.

Course Critical Performance and Learning Outcomes

 LEARNING OUTCOMES:

To achieve the critical performance, students will have demonstrated 
the ability to:

1. Explain the purpose of and illustrate common methods used in the
allocation of service department costs.  Describe how costs behave
with respect to changes in volume and develop linear cost function to
express such relationships.

2. Apply the various steps associated with the assembly and
preparation of a master budget.

3. Analyze the use of flexible budgets in a manufacturing business 

4. Analyze the variable and fixed manufacturing cost variances in a
standard cost system.

5. Prepare the journal entries associated with a standard cost system
for a manufacturing business.
 
6. Identify the fundamental differences between variable costing and
absorption costing.

Evaluation Plan
Students demonstrate their learning in the following ways:

Assignments: 40%
Term Test: 20%
Final Exam: 40%

Note: Students must accumulate an average passing grade on the two
term tests combined in order to complete this course successfully. 
The case study and computer assignments must all be submitted on 
time and be complete in a satisfactorily manner in order to pass 
this course.

Section III: Topical Outline

Some details of this outline may change as a result of circumstances such as weather cancellations, College and student activities, and class timetabling.
Effective term: Winter 2016
Professor: Multiple Professors
Textbook(s):

Managerial Accounting
Garrison, Chesley, Carroll and Webb. 
McGraw-Hill Ryerson. 
10th edition
ISBN: 9781259024900

Students should have previously purchased textbook in CG-ACCT1350-Cost 
and managerial
Accounting I.

Applicable student group(s): All
Course Details:

Not Available

Sheridan Policies

All Sheridan policies can be viewed on the Sheridan policy website.

Academic Integrity: The principle of academic integrity requires that all work submitted for evaluation and course credit be the original, unassisted work of the student. Cheating or plagiarism including borrowing, copying, purchasing or collaborating on work, except for group projects arranged and approved by the professor, or otherwise submitting work that is not the student's own, violates this principle and will not be tolerated. Students who have any questions regarding whether or not specific circumstances involve a breach of academic integrity are advised to review the Academic Integrity Policy and procedure and/or discuss them with the professor.

Copyright: A majority of the course lectures and materials provided in class and posted in SLATE are protected by copyright. Use of these materials must comply with the Acceptable Use Policy, Use of Copyright Protected Work Policy and Student Code of Conduct. Students may use, copy and share these materials for learning and/or research purposes provided that the use complies with fair dealing or an exception in the Copyright Act. Permission from the rights holder would be necessary otherwise. Please note that it is prohibited to reproduce and/or post a work that is not your own on third-party commercial websites including but not limited to Course Hero or OneNote. It is also prohibited to reproduce and/or post a work that is not your own or your own work with the intent to assist others in cheating on third-party commercial websites including but not limited to Course Hero or OneNote.

Intellectual Property: Sheridan's Intellectual Property Policy generally applies such that students own their own work. Please be advised that students working with external research and/or industry collaborators may be asked to sign agreements that waive or modify their IP rights. Please refer to Sheridan's IP Policy and Procedure.

Respectful Behaviour: Sheridan is committed to provide a learning environment that supports academic achievement by respecting the dignity, self-esteem and fair treatment of every person engaged in the learning process. Behaviour which is inconsistent with this principle will not be tolerated. Details of Sheridan's policy on Harassment and Discrimination, Academic Integrity and other academic policies are available on the Sheridan policy website.

Accessible Learning: Accessible Learning coordinates academic accommodations for students with disabilities. For more information or to register, please see the Accessible Learning website (Statement added September 2016)

Course Outline Changes: The information contained in this Course Outline including but not limited to faculty and program information and course description is subject to change without notice. Any changes to course curriculum and/or assessment shall adhere to approved Sheridan protocol. Nothing in this Course Outline should be viewed as a representation, offer and/or warranty. Students are responsible for reading the Important Notice and Disclaimer which applies to Programs and Courses.

[ Printable Version ]