Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
1302003022018COST ACCOUNTINGCompulsory365
Level of Course Unit
First Cycle
Objectives of the Course
The aim of this course is to teach theoretical concepts like how to calculate the cost of products manufactured, how to design cost control system, and how to use cost accounting information in decision making process, parallel to the real business applications. Theories about cost accounting will be communicated by the lecturer with practical examples and classes will be held in interaction with students by allowing them to participate actively.
Name of Lecturer(s)
PROF. DR. TÜRKER SUSMUŞ
Learning Outcomes
1To be able to learn basic financial decisions given in businesses and identify the factors that affect these decisions
2To be able to identify financial data about businesses and to be able to analyze and interpret these data by financial techniques and methods
3To be able to use theoretical and practical knowledge gained in the basic field of finance
Mode of Delivery
Face to Face
Prerequisites and co-requisities
NONE
Recommended Optional Programme Components
NONE
Course Contents
Period Expenses and Manufacturing Costs, Fixed, Variable, Semi-Variable, Semi-Fixed, Direct, Indirect Costs, Cost of Goods Sold, Income Statement and Balance-Sheet, Direct Materials Cost, Types of Inventory Systems, and Determining the Cost Of Inventories, Labor Costs and Payroll, Factory Overhead Costs and Budgeting, Cost Centers, Cost Allocation Methods, Job-Order Costing.
Weekly Detailed Course Contents
WeekTheoreticalPracticeLaboratory
1General Bases-Aims of Cost Accounting, Cost-Expense-Expenditure Concepts, Examination of cost accounts in Merchandise, Manufacturing and Service Companies
2Production Costs, Classification of Cost Items, Preparing Statement of Cost of Goods Sold in Merchandise, Manufacturing and Service Companies and Relating it to Income Statement
3Cost of Raw Materials, Introducing Documents Used to Control the Flow of Raw Materials and Supplies into Production Process, Inventory Valuation Methods
4Inventory Valuation Methods, Recording Inventory Transactions
5Tracking Labor Costs and Preparing Payroll Records
6Manufacturing Overhead Costs, Recording cost accounting transactions according to 7/A and 7/B
7Recording cost accounting transactions according to 7/A and 7/B
8Midterm
9Cost Allocation, Forming Cost Objects and Introducing Cost Types, Designing a Cost System
10Allocating Costs of a Support Department to Operating Divisions and Allocating Costs of Multiple Support Departments – Direct Allocation Method
11Step-Down Allocation Method, Reciprocal Allocation Method,
12III. Allocating Common Costs
13Comprehensive Example About Allocation of Costs in a Big Manufacturing Company
14Job Order Costing System,
15Job Order Costing System,
16Final Exam
Recommended or Required Reading
- Süleyman Yükçü, Yönetim Açısından Maliyet Muhasebesi, 2015
Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"
Assessment Methods and Criteria
Term (or Year) Learning ActivitiesQuantityWeight
Midterm Examination1100
SUM100
End Of Term (or Year) Learning ActivitiesQuantityWeight
Final Sınavı1100
SUM100
Term (or Year) Learning Activities40
End Of Term (or Year) Learning Activities60
SUM100
Language of Instruction
Turkish
Work Placement(s)
NONE
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Midterm Examination122
Final Examination122
Attending Lectures16348
Practice12336
Self Study14114
Individual Study for Homework Problems14114
Individual Study for Mid term Examination12224
Individual Study for Final Examination20120
TOTAL WORKLOAD (hours)160
Contribution of Learning Outcomes to Programme Outcomes
PO
1
PO
2
PO
3
PO
4
PO
5
PO
6
PO
7
PO
8
PO
9
PO
10
LO13324223232
LO22412412412
LO3          
* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High
 
Ege University, Bornova - İzmir / TURKEY • Phone: +90 232 311 10 10 • e-mail: intrec@mail.ege.edu.tr