Sheridan Course Outlines

ACCG70008
Managerial Accounting 2

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

Section I: Administrative Information

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

Course Name (short): Managerial Accounting 2
School: Continuing Ed & Corp Training
Program(s): N/A
Program Coordinator(s): N/A
Course Leader or Contact: Multiple Course Leaders
Originator: Ravneet Malhi
Designate: Ravneet Malhi
Version: 3.0
Status: Approved (APPR)

Calendar 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. MS Excel software is required. This course is delivered through OntarioLearn.

Typical Instructional Format

Distance Education	48.0
Total hours:	48.0

Courses may be offered in other formats.

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.

Program Context

N/A

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.

Provincial Context
The course meets the following Ministry of Training, Colleges and Universities requirements:

Essential Employability Skills
Essential Employability Skills emphasized in the course:

	Communication		Critical Thinking & Problem Solving		Interpersonal
	Numeracy		Information Management		Personal

Notes: N/A

Prior Learning Assessment and Recognition
PLAR Contact: Multiple PLA Contacts
Students may apply to receive credit by demonstrating achievement of the course learning outcomes through previous life and work experiences. This course is eligible for challenge through the following method(s):

Challenge Exam	Portfolio	Interview	Other	Not Eligible for PLAR

Notes: N/A

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

Academic Honesty
The principle of academic honesty 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 faculty member, or otherwise submitting work that is not the student's own violates this principle and will not be tolerated. Instances of academic dishonesty, including assisting another student to cheat, will be penalized as detailed in the Student Handbook.

Students who have any questions regarding whether or not specific circumstances involve a breach of academic honesty are advised to discuss them with the faculty member prior to submitting the assignment in question.

Discrimination and Harassment
Sheridan is committed to provide a learning environment that respects 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 are available in the Student Handbook.

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