Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
9204045542017Cost Management in OperationsElective124
Level of Course Unit
Second Cycle
Objectives of the Course
In this course, basic concepts of Cost Management will be given to form theoretical background.
Name of Lecturer(s)
Dr. Öğr. Üyesi Aydın KOÇAK
Learning Outcomes
1To be able to understand the concepts of cost, expense, expenditure and to classify the costs,
2To be able to understand the methods used in cost allocation,
3To be able to understand the inventory valuation methods and calculate the production costs.
Mode of Delivery
Evening Education
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
1 General Bases-Aims of production cost
2 Production Costs, Classification of Cost Items, Cost of Goods Sold
3 Direct Raw Materials and Supplies Expenses, Inventory Valuation Methods
4Inventory Valuation Methods, Records of Inventory Transactions
5 Labor Costs
6 Factory Overhead Costs,
7 Cost Accounting Practices,
8 Midterm
9 Cost Allocation,
10 Cost Allocation,
11 Order Cost System
12 Order Cost System
13 Review of the term
14 Review of the term
15 Review of the term
16 Final Exam
Recommended or Required Reading
• All related articles
Planned Learning Activities and Teaching Methods
Assessment Methods and Criteria
Term (or Year) Learning ActivitiesQuantityWeight
SUM0
End Of Term (or Year) Learning ActivitiesQuantityWeight
SUM0
SUM0
Language of Instruction
Turkish
Work Placement(s)
None
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Midterm Examination122
Final Examination122
Attending Lectures16348
Seminar11515
Self Study11515
Individual Study for Mid term Examination11515
Individual Study for Final Examination11515
Reading188
TOTAL WORKLOAD (hours)120
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
LO15454554545
LO25454554545
LO35454554545
* 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