ACOF 014

Introduction to Costing
Course Outline – Semester 2 2008/2009

Instructor : Faizah Mohd Khalid, Instructor : Norhayati Mat Instructor : Juliana Anis Ramli
Office : AA-2-20 Husin, Office : AA-2-30
Phone : 09 455 2020 ext. Office : AA-2-24 Phone : 09 455 2020 ext.
3335 Phone : 09 455 2020 ext. 3343
E-mail : 3329 E-mail :
faizah@uniten.edu.my E-mail : juliana@uniten.edu.my
hayati@uniten.edu.my
Tutor : Siti Norzana
Mustaffa Tutor : Inaliah mohd Ali
Office : AA-2-41 Office : AA-2-17
Phone : 09 455 2020 ext. Phone : 09 455 2020 ext.
3375 3355
E-mail : E-mail :
norzana@uniten.edu.my inaliah@uniten.edu.my

Required Items:
Text: Drury C., Cost & Management Accounting – An Introduction, 6th Edition,
Cengage Learning, 2006.

Other Reference:
Texts: Weygandt, Keiso, and Kimmel, Managerial Accounting : Tools for decision
Making, John Wiley & Sons, 1999
Atkinson, Banker, and Kaplan, Young, Management Accounting, 4th Edition,
Pearson Prentice Hall, 2004
Lucey, T., Costing, 5th Edition, Continuum, 2002.

Course Objectives:
• Develop awareness and understanding on techniques and approaches in calculating and
accounting for costs.
• Understand the use of cost accounting product costing and stock valuation.

Synopsis of this course:

The emphasis of this course is on costing of products and services in an organisation.
Amongst topics to be covered are elements of costs, costing methods and approaches,
cost allocations, recording, calculating and preparation of cost accounts.

Grading Policy:
The Final grade will be based on:
Final Exams 60 %
Quizzes/ assignment 20 %
Midterm Test 20 %
Total 100 %

Quizzes/ Midterm Test:

The current planned quizzes and tests schedule is as outlined in the Schedule of
Readings. However, the dates are subject to change and may be announced later in
the semester.

General Exam Policy:

 Quizzes: Two quizzes will be given during tutorial classes. Students are advised to
attend tutorial classes regularly as no back-up quizzes will be provided.

Midterm test: One test will be given. Midterm will be on Friday, 09/01/2009
from 3.00pm– 4.30pm @ DP1. No back-up tests will be provided.
Replacement Class:
There are few public holidays affecting our class schedule and hence, students need
to be prepared for replacement classes. Those classes may be scheduled when the
semester starts.

Misconduct:
The document Policies and Procedures Relating to Academic Misconduct in the College
of Business Management shall apply to this course. Case study may be discussed
between students/groups in order to help each other gain a greater understanding of
the material. However, copying another classmate’s work is prohibited.

Schedule of Reading
Wee
k Tutorial Quizzes & Test
Topics
Begi questions *
ns
03/1 1.2, 1.6, 1.7, 2.4,
1. INTRODUCTION & CLASSIFICATION OF COSTS 2.5, 2.8, 2.30, 2.31,
1
10/1 2.32and Qs
3.16, 3.17
2. COSTING FOR LABOUR
1 from handout.
17/1 3.31, 3.32, 3.33
3. COSTING FOR MATERIAL
1
24/1 Extra questions from
COSTING FOR MATERIAL (cont.) website
Quiz 1: Labour
1
01/1 4. COSTING FOR OVERHEADS
2
08/1 COSTING FOR OVERHEADS (cont.) Quiz 2: Material
2
15/1
5. JOB ORDER & BATCHCOSTING
2
22/1 6. PROCESS COSTING
2
29/1 PROCESS COSTING (cont.)
2
05/0 PROCESS COSTING (cont.) MIDTERM
1 TEST **
12/0 7. ABSORPTION COSTING AND VARIABLE
1 COSTING
19/0 ABSORPTION COSTING AND VARIABLE
1 COSTING (cont.)
26/0 Tutorials for Absorption & Variable Costing
1
02/0 REVISIONS
2
FINAL EXAMINATION: 09/02/09 – 13/02/09
* This schedule is subject to change

** Midterm Test shall cover Topics 1, 4 and 5.

Holidays that may affect class schedule:

1. 8 Dec ’08 – Hari Ray Haji (Monday)
2. 25 Dec ’08 – Christmas (Thursday)
3. 29 Dec ’08 – 1 Muharam (Monday)
4. 1 Jan ’09 – New Year (Thursday)
5. 26-27 Jan ’09 – Chinese New Year (Monday & Tuesday)