MOLECULAR BIOLOGY AND GENETICS | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
ENM4101 | Cost Accounting for Engineers | Fall | 3 | 0 | 3 | 6 |
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
Language of instruction: | English |
Type of course: | Non-Departmental Elective |
Course Level: | Bachelor’s Degree (First Cycle) |
Mode of Delivery: | Face to face |
Course Coordinator : | Dr. Öğr. Üyesi MEHMET EMİN YILDIZ |
Recommended Optional Program Components: | N/A |
Course Objectives: | ENM 4101 covers the concepts and theories of cost accounting. It starts with introducing the concept of cost, how cost is determined and how it is related to financial statements and capital budgeting process. Similarities and differences between manufacturing and merchandising are covered. The course presents different methods of cost accounting methods such as process costing, job costing, activity based costing. Throughout the course the cost volume profit and variance analysis accompany the subjects covered. The course concludes with pricing and relevant cost concepts in order to provide a link to the following Managerial Accounting course. |
The students who have succeeded in this course; After completing this course students will be able to: I. . Introducing the fundamentals of cost accounting, II. Explain the various tools used to evaluate, analyze and study the cost structure of a manufacturing and merchandising firm. III. Explaining how various methods of cost accounting applies on a case base, IV. Providing knowledge of variance analysis, V. Providing knowledge of cost profit analysis VI. Explaining how alternative approaches in cost accounting could generate differences in results |
1st Week An Introduction to Cost Terms and Purposes 2nd Week Cost–Volume–Profit Analysis 3rd Week Job Costing 4th Week Activity-Based Costing and Activity-Based Management 5th Week 1st Mid Term & Solving The Mid Term in class 6th Week Master Budget and Responsibility Accounting 7th Week Flexible Budgets, Direct-Cost Variances, and Management Control 8th Week Flexible Budgets, Overhead Cost Variances, and Management Control 9th Week Flexible Budgets and Variances 10th Week 2nd Mid Term & Solving The Mid Term in class 11th Week Strategy, Balanced Scorecard, and Strategic Profitability Analysis 12th Week Pricing Decisions and Cost Management 13th Week Cost Allocation, Customer-Profitability Analysis, and Sales-Variance Analysis 14th Week Cost Allocation: Joint Products and Byproducts |
Week | Subject | Related Preparation |
1) | Introduction of the concept of cost | N/A |
2) | How to apply job order costing | N/A |
3) | How to apply process costing | N/A |
4) | Cost, volume, profit relationships are introduced | N/A |
5) | Activity Based Costing will be introduced | N/A |
6) | N/A | N/A |
7) | Preparation of budgeting tables and interpretation of them | N/A |
8) | Types of variances, calculation of variances and interpretation of them | N/A |
9) | Types of variances, calculation of variances and interpretation of them | N/A |
10) | N/A | N/A |
11) | Relevant and irrelevant cost. How to distinguish between two. The problems that may arise if cost is misinterpreted | N/A |
12) | Cost price relationship, capital invested and fixed profit margin | N/A |
13) | How to decide which customer is more profitable. Customer specific cost allocation | N/A |
14) | N/A | Students are expected to review the material they wish to be review upon class |
Course Notes / Textbooks: | Horngren C.T., Datar S.M., Rajan M.V., Cost Accounting; A Managerial Emphasis, Pearson ed., 16th ed., 2018 |
References: | N/A |
Semester Requirements | Number of Activities | Level of Contribution |
Attendance | 1 | % 8 |
Homework Assignments | 10 | % 20 |
Midterms | 2 | % 32 |
Final | 1 | % 40 |
Total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 60 | |
PERCENTAGE OF FINAL WORK | % 40 | |
Total | % 100 |
Activities | Number of Activities | Duration (Hours) | Workload |
Course Hours | 13 | 3 | 39 |
Study Hours Out of Class | 3 | 18 | 54 |
Homework Assignments | 10 | 4 | 40 |
Midterms | 1 | 3 | 3 |
Final | 1 | 3 | 3 |
Total Workload | 139 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | Utilize the wealth of information stored in computer databases to answer basic biological questions and solve problems such as diagnosis and treatment of diseases. | 3 |
2) | Acquire an ability to compile and analyze biological information, clearly present and discuss the conclusions, the inferred knowledge and the arguments behind them both in oral and written format. | 4 |
3) | Develop critical, creative and analytical thinking skills. | 5 |
4) | Develop effective communication skills and have competence in scientific speaking, reading and writing abilities in English and Turkish. | 3 |
5) | Gain knowledge of different techniques and methods used in genetics and acquire the relevant laboratory skills. | 4 |
6) | Detect biological problems, learn to make hypothesis and solve the hypothesis by using variety of experimental and observational methods. | 4 |
7) | Gain knowledge of methods for collecting quantitative and qualitative data and obtain the related skills. | 3 |
8) | Conduct research through paying attention to ethics, human values and rights. Pay special attention to confidentiality of information while working with human subjects. | 5 |
9) | Obtain basic concepts used in theory and practices of molecular biology and genetics and establish associations between them. | 4 |
10) | Search and use literature to improve himself/herself and follow recent developments in science and technology. | 5 |
11) | Be aware of the national and international problems in the field and search for solutions. | 4 |