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1. Course Title Costing

2. Course Code DBCA2033
3. Course Core
Classification
4. Lecturer Dr. Tee
5. Rationale Accountants must learn the principles and practice of
Costing so that they can do their job and function as
accountants affectively..
6. Semester & Year Year 2, Semester 5
7. Total Student
Learning hours Face to Face Self Learning
(SLH)
L = Lectures L T P O
T = Tutorial 28 14 84
P = Practical/Lab Total Student Learning hours (SLH): 126
O= Others
8. Credit Hours 3
9. Prerequisite DBCA1013 and DBCA1023
10. Objectives To learn basic concepts, principles and practices of
Costing relevant to managing business organizations.
11. Learning At the end of the course, students should be able to;
Outcomes 1. Understand the environment, basic concepts,
principles and practices of Costing in managing
modern businesses.
2. Identify Costing issues and select the best methods to
solve them.
3. Apply lessons learned in managing organizational
activities.
12. Synopsis This module provides a general introduction to accounting
and in particular to key elements of management
accounting - costing. Its aim is to provide students with an
understanding of the theory and practice of costing and
cost accounting principles and their relevance to the
business environment. Topics covered will include
purpose of accounting, elements of cost, cost behaviour,
costing for long and short-term decision making. Profit
and not-for profit, service and (to a lesser extent)
manufacturing sector cases will be used.
13. Learning Methods Lectures, Tutorials and self learning assignments
14. Assessment Mid-Semester Exam 20%
Methods Final Exam 50%
Continuous Assessments 30%

15. Relationships between Course Learning Outcomes (CLO) and Programme

Learning Outcomes (PLO) :-

PLO 1 2 3 4 5 Learning Methods Assessments

CLO
1 3 2 2 2 3 Lectures, Tutorials, Exams, Assg.
Assignments
2 3 3 Lectures, Tutorials, Exams, Assg.
Assignments
3 3 2 2 2 3 Lectures, Tutorials, Exams, Assg.
Assignments

1= CLO fulfills PLO without official assessment

2= CLO fulfills PLO through partial assessment
3= CLO fulfills PLO through official assessment

16a. Relationship between Course Content, CLO & Bloom Taxonomy

Levels (BTL)
Bloom
Topic Title SLO Taxonomy
*
1 Introduction 1-3 1-3
 Reporting to meet internal management needs
 Features and sources of accounting and cost
data
 Responsibility centres (cost, profit and
investment) and impacts on the demand for
accounting information
 Information gathering, decision making and the
impact of IT on cost accounting systems
 Recording techniques, processing and record
keeping of relevant information for decision
making
2 Costs Classifications and Behaviour 1-3 1-3
 Cost concepts, classifications and
categorizations
  Cost behavior and its applications – FC, VC and
Semi VC
 Cost estimates / estimating the cost function –
High Low, graphical, expert classifications and
scatter diagram methods
 Relationships between unit costs and activity
levels
3 Cost Elements 1-3 1-3
 Costing for materials, labour and overheads
 Cost allocations – Joint vs byproducts
 absorptions of overheads
 Treatment of over and under absorption
4 Activity Based Costing 1-3 1-3
 Concepts of ABC and differences with traditional
methods (product vs activity costing)
 Cost hierarchies, cost drivers and cost pools
 Implementing an ABC in service and
merchandising
 Comparing alternative costing methods
5 Costing Approaches - Marginal vs Absorption 1-3 1-3
 Concepts and basics of absorptions
 Over and under absorption
 Calculative techniques and impacts of reporting
 Impacts on income
6 Costing Techniques 1-3 1-3
 Job Order costing
 Batch costing
 Contract costing
 Process Costing
 Service and output costing
BTL: 1= Knowledge; 2= Understanding; 3=Application; 4= Analysis; 5= Synthesis; 6=
Evaluation

16b. Detailed Contact Hours According to Learning Methods

Self
Topi Lec Tut
Tittle P/L Stud SLH
c . .
y
1 Information for Management 2 1 0 6 9
2 Cost Classifications and Behaviour 2 1 0 6 9
3 Cost Elements 4 2 0 12 18
4 Activity Based Costing 4 2 0 12 18
5 Approaches to Costing - Marginal vs 4 2 0 12 18
Absorption
6 Costing Techniques 12 6 0 36 54
 Total Learning Hours per Semester 28 14 0 84 126
Notional Learning Hours Required 120
Notional Credit Hours 3

17. Main Reference 1. Raiborn C.A. and Kinney M.R.; (2009). Cost
Accounting, 7th Edition, South- Western.
2. Drury, C., Costs and Management Accounting,
(2006). 6th Edition, Thomson Learning.

Additional 1. Hilton R.W. (2005). Management Accounting, 6th

Edition, McGraw-Hill.
References 2. Horngren, C.T., Foster, G. & Datar, S.M. (2006).
Cost Accounting, 12th Edition, Pearson Education.
3. Garrison, R. H, Noreen, E. W. & Brewer, P.C. (2005)
Managerial Accounting, 11th Ed. Irwin

18. Other None

Information