Lyceum of the Philippines University
Cavite Campus
College of Business Administration
Effective First Semester, AY 2018-2019
SYLLAB U S
Course Title: COSTING AND PRICING
Course Code: ACCM01B
Number of units: Three (3) units
Lecture Hours /Week Three (3) hours weekly
Laboratory Hours/Week None
Pre-requisite subjects: ECON12B
Educational Philosophy
Lyceum of the Philippines University (LPU), an institution of higher learning, inspired by the ideals of Philippine
President Jose P. Laurel is committed to the advancement of his philosophy and values: Veritas et Fortitudo (Truth and fortitude)
and Pro Deo et Patria (for God and Country)
Vision
An internationally accredited university dedicated to innovation and excellence in the service of God and Country.
Mission
Lyceum of the Philippines University, espousing the ideals of Jose P. Laurel is committed to the following mission:
1. Advance and preserve knowledge by undertaking research and disseminating and utilizing results – RESEARCH
2. Provide equitable access to learning through relevant, innovative, industry-based and environment-conscious
programs and services in the context of nationalism and internationalism – INSTRUCTION and QUALITY
3. Provide necessary knowledge and skills to meet entrepreneurial development and the managerial requirements of the
industry – INSTRUCTION
4. Establish local and international linkages that will be the source of learning and growth of the members of the
academic community – INSTRUCTIONAL AND DEVELOPMENT
5. Support a sustainable community extension program and be a catalyst for social transformation and custodian of
Filipino culture and heritage – COMMUNITY EXTENSION
6. Build a community of God-centered, nationalistic, environment conscious and globally competitive professionals
with wholesome values and attitude – PROFESSIONALISM AND VALUES
Core Values
L – Love of God J - Justice
P – Professional Integrity N – Nationalism P - Perseverance
U – Unity L - Leadership
College Vision
To be recognized as the center of excellence in Accountancy, Business Administration, Custom Administration and
Real Estate Management that developed responsible business leaders and nurtures entrepreneurial attitudes, skills and
competencies.
College Mission
Commitment towards the formation of competent, socially oriented, spiritually integrated and globally competitive
business professionals through
1. Continuous discovery of new knowledge by undertaking relevant researches
2. Innovative teaching strategies
3. Involvement in community outreach and services
4. Development of positive attitudes and ethical values.
Course Description:
This course prepares students to address strategic and tactical pricing issues and to identify profit-boosting changes in pricing
practices as entrepreneurs. Pricing presents managers with one of their most powerful levers for maximizing profits and
shareholder value. It yet remains a challenge for several managers to grasp a clear understanding of how to improve on
historical pricing practices within their companies and industries and how to apply such knowledge to new product settings.
The concepts and tools of cost accounting serve as a natural response to managerial decision making at all levels of strategic
planning and execution. The course familiarizes students with the essential concepts and procedures pertaining to the
development and functioning of cost accounting systems relevant to managerial decisions, control and performance reporting.
Particular emphasis is given on cost issues and pricing policies in liberalized markets and on regulated markets.
Topic Learning Outcomess
ACCM01B Page 1 of 3
Introduction to the Course Relate the VMO of LPU- CBA to the course.
•Introduction of oneself
•Review of University and College VMO as applied to the Inform the students on the rules and regulations, expec-
course tations and course requirements.
•Overview of the course
•Discussion of requirements and class policies Internalize the mission and vision of the university.
•Expectations setting
•Research principles For the students to be familiar with the principles and
•Community Service basic applications of research.
•Core values of the university.
To introduce to the students the concepts of community
service.
Introduction to managerial and cost accounting Define managerial and cost accounting and its
Role of managerial accounting in support of plan- fundamentals.
ning, directing, and controlling.
Key productioncost components: direct materials, di-
rect labor, and factory overhead.
Cost measurement Recognize the measurement of costs including cost
cost control control, cost volume analysis, job costing etc.
Cost-volume-profit analysis
Job costing. Activity-based costing and activity based
management
PRELIM EXAM Assess the learning of students during the preliminary
period.
Tools for planning and control Introduce the tools for planning and control
Master budgeting and responsibility accounting
Flexible budgeting and variance analysis
Management control systems.
Inventory management Identify the proper management of inventories
Inventory costing
management and capacity analysis. Cost information forRecognize the different
decision making tools vital
and Relevant in inventory,
information
Cost management.
Strategic profitability analysis. Discuss and explain the strategic profitability analysis.
Cost allocation and revenues
Measurement and control of overhead costs
Revenues and Sales variances.
MIDTERM EXAM Assess the learning of students during the midterm
period.
Monopolies Discuss and explain monopolies and its relevant
information
Natural Monopolies
Market Failure\
Regulatory objectives
Regulatory process
Regulatory intervention
Regulatory capture
Regulatory authorities.
Regulatory Tool Identify the different regulatory tools.
Rate of return regulation
Incentive regulation
Yardstick competition
Price Cap Regulation.
ACCM01B Page 2 of 3
Identify and apply the different pricing strategies
Competitive advantage and transfer pricing
Limit pricing, Predatory pricing, Excessive Pricing, Price and Margin Squeeze.
Pricing of a natural monopoly in practice (Energy and Define the pricing in natural monopolies
Telecommunications sectors)
Present a pricing case study
Presentation of a pricing case study
FINAL EXAMINATION Assess the learning of students during the final period.
Course Requirements:
1. Creative Academic Performance
1.1 Attendance
1.2 Recitation
1.3 Quizzes
1.4 Seat works, Assignment, Class participation
1.5 Project/Research
2. Major Examinations
2.1 Preliminary Examinations
2.2 Midterm Examinations
2.3 Final Examinations
Computation of Grades:
G1 = 40% PE + 60% CAP1
G2 = 40% ME + 60% CAP2
G3 = 40% FE + 60% CAP3
FG = G1 + G2 + G3
3
Where: G1 = Prelim Period Grade
G2 = Midterm Period Grade
G3 = Final Period Grade
CAP1 = Prelim Period Creative Academic Performance
CAP2 = Midterm Period Creative Academic Performance
CAP3 = Final Period Creative Academic Performance
PE = Prelim Examination
ME = Midterm Exam
FE = Final Exam
FG = Final Grade
ACCM01B Page 3 of 3
