Managerial Accounting

Course Details

Course Number: 2243  Section Number: 101

Fall 2010

Location: Dillard College of Business Administration

Classroom Number: 178

Days & Times:

MW 09:30am-10:50am

Course Attachments

Syllabus  ACCT2243 Fall 2010 Syllabus MW-20100907-212749.doc


MSU Faculty Member
Victoria Wattigny   
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Course Objectives

General Learning Goals:

Students must demonstrate problem solving and decision making abilities through the critical analysis, evaluation, and interpretation of business information. Classroom discussion, problem assignments, and examinations will require students to use critical thinking skills to apply accounting concepts and principles to various situations. Students will develop these skills by completing assigned and graded homework. The development of each student’s abilities will be assessed through examinations which require problem solving and decision making.  Students will be able to utilize available technology for common business applications. Homework is assigned which may require use a computer. In addition, a course WebCT site is available for the student’s use as well as an Online Learning Center for the textbook.

Course Expectations

Course Specific Learning Goals:  After completing this course, students should:

  • Know how inventory items are costed in a manufacturing environment
  • Be able to computer Total Manufacturing Costs in a manufacturing environment
  • Be able to compute Cost of Goods Manufactured in a manufacturing environment
  • Be able to compute cost of goods sold in a manufacturing environment
  • Know the record-keeping requirements for job order costing systems
  • Be able to allocate overhead/indirect costs
  • Understand cost behavior concepts
  • Understand various components and roll-up cost flows involved in budget formulation in a manufacturing environment
  • Be able to identify and apply relevant costs and revenues in operational business decisions
  • Understand measures of performance evaluation
  • Be able to prepare a basic Statement of Cash Flows

Grading Standards

Grading and Evaluation: Student's performance will be assessed as follows:

Exams:  There will be four in-class 100 point exams and a 100 point comprehensive final exam.  Each exam will consist of problem solving questions and theory/concept based multiple-choice questions.  Exams will cover assigned chapters, in-class lectures, and any assigned homework problems. Examinations will be returned to students for discussion in class after they are graded.  Students should review the exam at this time as a learning tool and make note of any areas where performance was not as expected.  Examinations will be collected from students after they are discussed in class and are retained as documentation of student performance.  Examinations are the property of Midwestern State University.

Quizzes:  Short quizzes will occasionally be used to help reinforce your understanding of topics.  They will consist of problems similar to homework problems and will be short in nature. You may use a calculator as described above. They will be discussed in class after completion. Quiz dates will not be published and will serve to measure how well you are keeping up with the course material.

Reading and Homework Assignments:

Chapter readings and homework problems from the text will be assigned for each class. Assigned chapters should be read and homework MUST be completed BEFORE coming to class on the day the assignment will be discussed.  It is imperative that homework assignments be completed.  Homework problems are specifically selected to prepare students for exams.  Students who choose not complete homework assignments, and therefore not challenge themselves and not prepare for exams, will NOT be successful in this course.


Connect Homework Assignments

Connect access is included in the purchase of a new Garrison Managerial Accounting book.  If a new book is not purchased access to connect may be purchased online at  The website for completing Connect homework assignments will be given on the first day of class and a link will be posted on WebCT.

            Item                             Points             Weight

           Exam # 1                    100                    15%

            Exam # 2                    100                    15%              

            Exam # 3                    100                    15%              

            Exam # 4                    100                    15%

            Final Exam                  100                    20%

            Homework                  100                    10%

            Quizzes                       100                    10%

Submission Format Policy

Note: You may not submit a paper for a grade in this class that already has been (or will be) submitted for a grade in another course, unless you obtain the explicit written permission of me and the other instructor involved in advance.

Late Paper Policy

Plagiarism Policy Plagiarism is the use of someone else's thoughts, words, ideas, or lines of argument in your own work without appropriate documentation (a parenthetical citation at the end and a listing in "Works Cited")-whether you use that material in a quote, paraphrase, or summary. It is a theft of intellectual property and will not be tolerated, whether intentional or not.

Student Honor Creed

As an MSU Student, I pledge not to lie, cheat, steal, or help anyone else do so."

As students at MSU, we recognize that any great society must be composed of empowered, responsible citizens. We also recognize universities play an important role in helping mold these responsible citizens. We believe students themselves play an important part in developing responsible citizenship by maintaining a community where integrity and honorable character are the norm, not the exception. Thus, We, the Students of Midwestern State University, resolve to uphold the honor of the University by affirming our commitment to complete academic honesty. We resolve not only to be honest but also to hold our peers accountable for complete honesty in all university matters. We consider it dishonest to ask for, give, or receive help in examinations or quizzes, to use any unauthorized material in examinations, or to present, as one's own, work or ideas which are not entirely one's own. We recognize that any instructor has the right to expect that all student work is honest, original work. We accept and acknowledge that responsibility for lying, cheating, stealing, plagiarism, and other forms of academic dishonesty fundamentally rests within each individual student. We expect of ourselves academic integrity, personal professionalism, and ethical character. We appreciate steps taken by University officials to protect the honor of the University against any who would disgrace the MSU student body by violating the spirit of this creed. Written and adopted by the 2002-2003 MSU Student Senate.

Students with Disabilities The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights protection for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the Disability Support Services in Room 168 of the Clark Student Center, 397-4140.

Safe Zones Statement The professor considers this classroom to be a place where you will be treated with respect as a human being - regardless of gender, race, ethnicity, national origin, religious affiliation, sexual orientation, political beliefs, age, or ability. Additionally, diversity of thought is appreciated and encouraged, provided you can agree to disagree. It is the professor's expectation that ALL students consider the classroom a safe environment.

Contacting your Instructor All instructors in the Department have voicemail in their offices and MWSU e-mail addresses. Make sure you add your instructor's phone number and e-mail address to both email and cell phone lists of contacts.

Attendance Requirements

Participation/attendance will be monitored each class meeting and class will begin at the scheduled time.  Punctuality is expected of individuals in the business profession and accordingly is expected of students in this class.  These requirements are in accordance with the university attendance policy. (See Midwestern State University 2010-2012 Student Handbook, p. 78).


Attendance will be taken at the beginning of each class. Attendance will be taken into consideration in borderline grade situations.

Other Policies


Classroom Behavior:

It is important that the classroom environment be free of disruptions that may interfere with the learning process. To minimize classroom distractions, students should observe the following rules:

1.  Remain seated while the class is in progress (unless you become ill).

2.  Avoid conversing with colleagues while the class is in progress.

3.  Turn off cell phones, beepers, and other wireless communications prior to entering class.

4.  Avoid food and beverage consumption in the classroom. NO FOOD OR BEVERAGE IS ALLOWED

    IN THE CLASSROOMS IN THE DILLARD BUILDING except bottled clear water.

5.  Use laptop computers only during specified times and, then, only for coursework.

6.  All materials not directly related to the ongoing course lecture (e.g., cell phones/texting, magazines,

    newspapers, books and work from other classes, etc.) must remain closed and put away.

7.  Be prepared to engage in class discussions at all times.

Instructor Drop:

An instructor may drop a student any time during the semester for excessive absences, excessive tardiness, consistently failing to meet class assignments, or for disruptive conduct.

Exam Protocol:

Test dates may be changed as the semester progresses. If a student is absent, it is the student’s responsibility to determine if a test date has been changed.

Examinations are returned to students for discussion in class after they are graded. Student should review the exam at this time as a learning tool and make note of any areas where performance was not acceptable. Examinations will be collected from the student after they are discussed in class and are retained as evidence of the student’s performance in this course. Examinations are the property of Midwestern State University.

 Missed Examinations:

Only students with authorized absences (see University Class Attendance Policy) may make up missed examinations.  The only valid excuses for missing an exam are illness, required university activities, or a personal issue requiring your individual attention. Arrangements must be made prior to the Exam. Make-ups will be approved only in cases where there are valid excuses for missing, and the student makes arrangements in advance or subsequently presents supporting documentation.  Otherwise a grade of zero will be assigned.

Final Grades:  Grades will be posted on WebCT only for this class.  I do not reveal grades over the telephone or by email/fax.  After grade reports are issued, if you have a question about your grade, you must contact me within 30 days of the date your final examination was administered.  I discard exams, papers, etc, after the first month of the following semester.

 Academic Integrity:

Students should consult the “Student Honor Creed” on p. 19 of the 2010-2012 Midwestern State University Undergraduate Catalog.  Cheating, collusion, and plagiarism will not be tolerated. The term “cheating” includes, but is not limited to: (1) use of any unauthorized assistance in taking quizzes, tests, or examinations; (2) dependence upon the aid of sources beyond those authorized by the instructor in writing papers, preparing reports, solving problems, or carrying out other assignments; or (3) the acquisition, without permission, of tests or other academic material belonging to a member of the university faculty or staff.

Americans with Disabilities Act:

This class follows the guidelines suggested by the Center for Counseling and Disabilities Services for those students who qualify for disability services. See Midwestern State University Undergraduate Catalog on p. 21. Students with disabilities must be registered with Disability Support Services before classroom accommodations can be provided.

Syllabus Change Policy:

This syllabus is a general outline of material covered, learning goals, grading procedures and student performance requirements. Material covered, dates of tests, and percent of total grade will vary as necessitated by the pace material is covered and any unforeseen class interruptions such as weather cancelations, guest lectures, or instructor illness.

            This syllabus is a guide for the course and is subject to change

Grade Appeals: Any student who believes a grade has been inequitably awarded should first contact the instructor who awarded the grade to discuss the issue and attempt to resolve the differences.  A student has 30 days following the first day of the succeeding semester to file a written appeal with the dean of the instructor’s college in which the course was taught.  Refer to the Undergraduate Catalogue for further details.  See the MSU Student Handbook for University policy on grade appeal. 

Grade Changes: Changes to assigned course grades are not permitted after grades have been filed except to correct documented clerical errors.  Requests for error correction must be initiated immediately after the close of the semester for which the grade was recorded. 

Awarding and Removal of I: I- incomplete; a non punitive grade given only during the last one fourth of a semester and only if a student (1) is passing the course; (2) has reason beyond the control of the student why the work cannot be completed on schedule; and (3) arranges with the instructor to finish the course at a later date by completing specific requirements that the instructor must list on the grade sheet.  A student may remove a grade of I within 30 days by completing the stipulated work.

Writing Proficiency Requirement All students seeking a Bachelor's degree from Midwestern State University must satisfy a writing proficiency requirement once they've 1) passed English 1113 and English 1123 and 2) earned 60 hours. You may meet this requirement by passing either the Writing Proficiency Exam or English 2113. Please keep in mind that, once you've earned over 90 hours, you lose the opportunity to take the $25 exam and have no option but to enroll in the three-credit hour course. If you have any questions about the exam, visit the Writing Proficiency Office website at, or call 397-4131.