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RAMAPO COLLEGE OF NEW JERSEY
School of Administration and Business

 

Principles of Managerial Accounting                                                       Dr. O'Grady Harvey
BATG 222                                                                                                  Office: A201
Spring 2001                                                                                                 Office Hours:
Phone-201-684-7398                                                                                                       Tues: 4:45-6
E-Mail address: mogrady@ramapo.edu                                                                             Wed: 9-10:45
World Wide Web Home Page:                                                                *Please make an appt.
http://orion.ramapo.edu/~mogrady
Computer Lab Hours: To be announced
Free Tutoring Hours: To be announced

 

Prerequisite: Principles of Financial Accounting

 

Required Textbooks: 

                  1. Managerial Accounting, 1ST Ed., Jiambalvo; John Wiley, 2001.

                  2. Please bring a calculator and the textbook to each class session.

 Suggested Reading: (available in the Ramapo library )

                 1. Journal of Accountancy

                  2. Strategic Finance (formerly Management Accounting)

  

Course Description:

                                An introduction to basic cost concepts and systems used by management accountants in the planning                 and control function of an organization. This includes an overview of operating and capital budgets,                 responsibility accounting, and cost behavior concepts relevant to problem solving.

                                Homework assignments will include exercises, problems and cases in order to facilitate theory                 comprehension, skill development and critical thinking.

  

Study Group Format:

                                Research indicates that student learning is enhanced when small group formats, facilitated by the                 professor, are used in homework discussion. This class will use the group format in addition to traditional                 presentation of homework solutions.

                                 Students will have an opportunity to be included on a phone-chain list, coordinated by the professor,                 in order to facilitate study groups and emergency snow closing notification.

  

Course Requirements:

                                1. Homework: Each chapter should be read before coming to class. Class will be conducted                 assuming students have read the material and are prepared to participate in class discussions. Assigned                 problems are to be completed before the next meeting and will be reviewed in class. Homework will be                 collected periodically.

                                2. Computer Cases/Projects: A number of short projects and /or computer cases will be assigned                 during the semester.

                                3. Attendance: The accounting department determined attendance would be mandatory for this                 course. Class attendance is an important component of this course because students learn from one another as                 well as from the professor. Promptness is also important because late arrivals are disruptive to the class as a                 whole. Attendance will be taken and excessive absences will affect your grade. For each absence over three,                 your final grade will be reduced one step (e.g., from a C to a C-). Any student who has more than seven                 absences, for any reason, will not receive a passing grade. Late arrivals count as an absence.

                                4. Class Participation:

                                 The ability of each student to effectively participate in class depends on the following:

                                * Class attendance.
                                * Preparation of all assignments before class.
                                * Reading the chapter prior to it's discussion in class.

 

                                5. Examinations: Three exams will be given during the semester. NO MAKEUPS.

 

Grading:

                Exam 1                                   30%
                Exam 2                                   30%
                Final Exam                              30%
                Class partic/home-
                work/projects                          10%
                                                               100%

 

If you need adaptations or accommodations because of a documented disability, please make an appointment during my office hours.

The following outline is subject to revision at the professor's discretion:
Chapter
Topic
Assignment

1

Introduction to Managerial Accounting

Ex. 3, 6, 7, 11
Pr. 1, 2, 4, 6, 8

2

Manufacturing Costs and Job-Order Costing Systems

Ex. 1, 3, 5, 7, 10, 13
Pr. 1, 10, 12
Case 1

3

Process Costing

Q. 1, 2, 3, 4, 5
Ex. 1, 2, 4, 8
Pr. 1, 4, 5

 

Exam I Chapters 1, 2, 3

 

4

Cost-Volume-Profit Analysis

Ex. 2, 6, 8, 9, 10, 11, 12, 18
Pr. 1, 2, 3, 7
Case 2

5

Cost Allocation and Activity-Based Costing

Ex. 1, 3, 4, 5, 6, 7, 12, 13
Pr. 4, 5, 6, 9
Case 1

6

The Use of Cost Information and Management Decisions

Ex. 2, 3, 5, 8, 10, 11, 12
Pr. 1, 2, 3,
Case 3

 

Exam II Chapters 4, 5, 6

 

9

Standard Costs and Variance Analysis

Q 1, 2, 3
Ex. 1, 2, 3, 7, 10
Pr. 1, 2, 9
Case 2

8

Budgetary Planning and Control

Ex. 1, 2, 3, 4, 5, 6, 7, 9, 10, 11
Pr. 3, 10
Case 3

7

Capital Budgeting Decisions

Ex. 2, 3, 5, 6, 7, 8, 9, 10, 11, 15, 16
Pr. 6, 9
Case 1

 

Final Examination Chapters 7, 8, 9

 

Updated 02/14/2001