San Beda College Alabang
College of Arts and Sciences
ACCOUNTANCY DEPARTMENT
COURSE CODE COURSE TITLE UNITS
ACECOST Cost Accounting and Control 3
The course is designed as an introduction to managerial and cost accounting, with
special emphasis on its application to managerial decision making for strategic
purpose. Understanding and analysis of cost accounting reports also helps
management better evaluate entity’s performance for the formulation of operational
decisions. At the end of the course, the students should have a clear understanding
COURSE DESCRIPTION and appreciation of the concepts, tools, and techniques necessary to address
financial and strategic control problem typically faced by analysts, controllers, and
manager. Areas covered would include cost behavior, strategy in the context of
managing financial decisions, and the nature of the interaction between strategic
planning and managerial control.
COURSE CODE COURSE TITLE
PREREQUISITE None.
PHILOSOPHY
Catholic Christian in Principle, Benedictine in Orientation and Filipino in Character.
CORE VALUES
Prayer, Work, Peace, Community, Service, Excellence
VISION STATEMENT
To be a leading Catholic Christian educational institution committed to the holistic formation of persons who excel in
their respective endeavors and are guided by the Benedictine principles of Prayer, Work and Peace.
MISSION STATEMENT
To provide excellent and responsive programs and services a, adopt empowering management systems b and build a
learning, caring, and praying community guided by the teachings of St. Benedict and the example of St. Bede c.
PROGRAM EDUCATIONAL OBJECTIVES Mission
The Bachelor of Science in Accountancy program shall produce practitioners who can/are:
a b c
1. Proficient, credible and ethical communicators
2. Critical and analytical decision makers
3. Globally and professionally competent in accountancy
4. Self-motivated lifelong learner
GRADUATE ATTRIBUTES: Expected Bedan Alabang Graduate Outcomes (EBAGO)
1. Proficient, credible and ethical communicators.
2. Critical and analytical decision makers.
3. Globally competent Catholic professionals in their own specialization.
4. Self-motivated lifelong learners
1 2 3 4
PROGRAM OUTCOMES
PO Common to All Disciplines and Types of Schools (Based on CHED Handbook for OBE)
The graduates have the ability to:
1) Articulate and discuss the lates developments in the specific field of practice (PQF Level 6
Descriptor)
2) Effectively communicate orally and in writing using both English and Filipino
3) Work effectively and independently in multi-disciplinary and multi-cultural teams (PQF
Level 6 Descriptor)
4) Act in recognition of professional, social, and ethical responsibility
5) Preserve and promote “Filipino historical and cultural heritage” (based on RA7722)
PO Common to the Business and Management discipline
A graduate of a business or management degree should be able to:
6) describe the basic functions of management such as planning, organizing, leading and
controlling
7) identify and describe the basic concepts that underlie each of the functional areas of
business (marketing, finance, human resources management, production and operations
management, information technology, and strategic management) and employ these
concepts in various business situations
8) select the proper decision making tools to critically, analytically and creatively solve
problems and drive results
9) express clearly and communicate effectively with stakeholders both in oral and written
forms
10) apply information and communication technology (ICT) skills as required by the business
environment
11) work effectively with other stakeholders and manage conflict in the workplace
12) organize and lead groups to plan and implement business related activities
13) demonstrate corporate citizenship and social responsibility
14) exercise high personal moral and ethical standards
PO Common to BS in Accountancy graduates
A graduate of BS in Accountancy should be able to:
15) resolve business issues and problems, with a global and strategic perspective using
knowledge and technical proficiency in the areas of financial accounting and reporting, cost
accounting and management, accounting and control, taxation, and accounting information
systems
16) conduct accountancy research through independent studies of relevant literature and
appropriate use of accounting theory and methodologies
17) employ technology as a business tool in capturing financial and non-financial
information, generating reports and making decisions
18) apply knowledge and skills to successfully respond to various types of assessments
(including professional licensure and certifications); and
19) confidently maintain a commitment to good corporate citizenship, social responsibility
and ethical practice in performing functions as an accountant
PO Common to a horizontal type as defined in CMO No. 46, s. 2012
20) Graduates of colleges participate in various types of employment, development
activities, and public discourses, particularly in response to the needs of the communities
one serves
INTENDED COURSE Program Outcomes
LEARNING OUTCOMES 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
(ICLO)
At the end of the course,
the student will be able
to/will:
1. Define and relate cost
accounting with
management accounting
2. Compare cost
accounting and
management with financial
accounting
3. Classify costs and
distinguish each
4. Explain and apply the
concepts of cost units, cost
centers and profit centers
5. Compute for and
analyze the components of
manufacturing costs
6. Compute for materials
costing using different
costing methods
7. Differentiate inventory
management systems
8. Prepare payroll
computations
9. Compute for and
analyze overhead costs
10. Explain and compute
for costs using job-order
and process costing, joint
and by-product costing,
standard costing, and other
cost management systems
LEARNING PLAN:
WEEK LESSON/TOPIC STRATEGY/ STUDENT OUTPUT ASSESSMENT
METHODOLOGY/ACTIVITIES
1 Overview of Cost Lecture Define the scope, Results of
Accounting Interactive Recitation objectives of cost Quizzes
Practice problems accounting Seatwork
Board work
Homework
2-3 The cost and Lecture Classification of cost and Results of
management Interactive Recitation management accounting in Quizzes
accounting Practice problems comparison with financial Seatwork
framework, cost accounting their purposes, Board work
terms, concepts the role of cost accounting Homework
and classifications as part of a management
information system, and the
need for both financial as
well as non-financial
information
4 Cost Behavior: Lecture 1. Explain the meaning of Results of
Analysis and Use Interactive Recitation cost behavior. Enumerate Quizzes
Practice problems and explain the basic cost Seatwork
behavior patterns. Board work
Homework
2. Describe the behavior of
variable costs, fixed costs
and mixed costs in relation
to volume of activity.
3. Compute the coefficient
of determination and apply
correlation analysis. Explain
and apply the Learning
Curve Theory
5 Cost-volume profit Lecture 1. Compute and explain the Results of
relationship Interactive Recitation meaning of contribution Quizzes
Practice problems margin, break-even point Seatwork
and margin of safety. Board work
Homework
2. Construct the break-even
chart and explain the
significance of the break-
even point. Prepare the
profit-volume graph.
3. Apply CVP analysis in
decision making.
6 Accounting for Lecture 1. Know the application of Results of
Cost Flows Interactive Recitation cost accounting to the Quizzes
Practice problems various business sectors of Seatwork
the economy. Board work
Homework
2. Explain the nature of
production, marketing and
administrative costs.
3. Understand the flow of
cost and their presentation
in the Income Statement of
a
a. Merchandising company
b. Manufacturing company
c. Service organization
7-8 Job Order Cost Lecture 1. Preparation of Journal Results of
System Interactive Recitation Entries to record the Job Quizzes
Practice problems Order System Seatwork
Board work
2. Interpretations of Cost Home work
flow of materials, labor and
overhead
9 MIDTERM Written Examination Written Examination Results of
EXAMINATION Midterm
Examination
10-11 Process Costing Lecture 1. Define the characteristics Results of
Recitation and objectives of process Quizzes
Practice Problems costing. Seatwork
Board work
2. Computation of Equivalent
Homework
Units of Production using
FIFO and Average Method.
3. Preparation of Production
Report
12-13 Just in Time (JIT) / Lecture Preparation of Journal Entries Results of
Backflush Costing) Interactive Recitation to record the JIT / Backflush Quizzes
Practice problems Costing Seatwork
Board work
Homework
14-15 Activity-based Lecture 1. Define activity-based Results of
Costing and Interactive Recitation costing. Describe the steps in Quizzes
Management Practice problems designing an activity-based Seatwork
costing system. Discuss Board work
activity-based management. Home work
2. State the advantages and
limitations of activity-based
costing. Describe the
opportunity cost concept
16-17 Standard Costing Lecture 1. Define the characteristics Results of
Recitation and objectives of standard Quizzes
Practice Problems costing. Seatwork
Board work
2. Journal entries and
Homework
computation of different
variance analysis in Materials
Labor and Overhead.
18 FINAL Written Examination Written Examination Results of Final
EXAMINATION Examination
ACADEMIC PERFORMANCE EVALUATION SYSTEM
GRADINGSYSTEM
Midterm Grade Final Grade
Partial Class Standing (includes all 60% Final Class Standing (includes all 50%
aggregate CS grades prior to the aggregate CS grades for the whole
midterm exam) semester)
Midterm Exam 40% Midterm Exam 20%
Final Exam 30%
SUGGESTED LEARNING RESOURCES
REFERENCES
De Leon Norma D. (2019). Cost Accounting and Control; GIC Enterprises & Co. Inc
Cabrera, Ma. Elenita (2018-2019). Cost Accounting and Control; GIC Enterprises & Co. Inc
INSTRUCTIONAL MATERIALS
1. Audio-visual presentation (E.g. Power point)
2. Film/Video Review
3. Portfolio
Prepared by: Approved by: Version:
PROF. ROSARIO MIELMIA C. AQUINO, PhD
Vice Dean, CAS
PROF. MARRIEL FATE D. CULLANO, CPA
PROF. RYAN M. SICAT, PhD
OIC Department Chair - Accountancy VER. 1.0
Dean, CAS
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