ACCT203Spring2013

ACCT& 203 Principles of Accounting III      
SPR 2013  
Sec 01 0007 Section 01 Daily 10:00-10:50 am in BE4106; Lab Friday in BE3156  
Sec 02 0008 Section 02 Daily 11:00-11:50 in BE4106; Lab Friday in BE3156  
Instructor: Michael P. O'Neill Office: MT 301: 801 East Pine No. 301 (third floor)
Email: moneil03@seattlecentral.edu for lab assignments only
Email:   Michael.ONeill@seattlecolleges.edu   Class issues Phone: 206-934-4336
DESCRIPTION
Acct& 203 is a 5-credit Managerial Accounting course transferable to most
business programs. It covers manufacturing accounting, overhead allocation,
cash budgeting, break-even analysis, capital budgeting, and variance analysis.
*Note: This course is a common course, signified by "&".
TEXTBOOK
Warren, Reeve & Duchac, Accounting, 24th Edition
South Western Cengage Learning, 2008
If you purchase the text at the SCCC Bookstore, you will find that the text package includes an ACCESS
CODE for the publisher's online service called CengageNow.  Do not discard the ACCESS CODE.
In most cases, students will use the exact same book as ACCT 202 or 201--the one text will suffice for 203.
Course Key: E-HY7WYJAFJZT3M
GRADING
Your grade will be determined according to three criteria: your timely effort
in completing the homework and labs; your performance on the exams,
and your presence in the class. The instructor may provide you
with a midterm grade that combines these three measurements.
There will be one midterm and one final, each worth 100 points.
In addition to the exams, your grade will be determined by attendance,
participation, homework completion and homework timeliness.
A low score on any one of these criteria may affect your overall grade.
Strive for consistency of quality in your work.
A student scoring 95% or better on all criteria will receive a 3.5-4.0; 90-94%=3.3-3.5; 
85-89%=3.0-3.5; 80-84%=2.5-3.0…and so on.
OFFICE HOURS
9:00-9:50 M-F in MT 301; (office at 801 E. Pine, #301; PHONE: 206-934-4336)
PERSONAL SECURITY
Please take reasonable care with your personal possessions--book, backpack, purse, especially in public
areas of the school (library, hallway, cafe). As you leave the class, check under tables for your stuff.
Bring found items to the attention of the instructor. 
COURSE ADDENDUM--HOW THE COURSE OPERATES 
Please read: http://seattlecentral.org/faculty/moneil/Syllabi/Acc230Add.htm
ONLINE COURSE MATERIALS--NOTES, LECTURES, QUIZZES, etc.
http://seattlecentral.edu/~moneil
SPECIAL NEEDS
If you have special needs, please see instructor; all reasonable accommodations will be made.
Students with documented disabilities who need course accommodations, have
emergency medical information, or require special arrangements for building
evacuation should contact the instructor within the first two weeks of class.
CALENDAR 
1-Apr-13 M Introduction to the Course day Reading Materials HW Assignments  
2-Apr-13 T Definitions 2      
3-Apr-13 W Mission and Goals 3 Chapter 18:    
4-Apr-13 Th Mfg. Costs: DM, DL, MO 4 Managerial Acctg See CengageNow:  
5-Apr-13 F Product Costs, Period Costs 5 Concepts http://login.cengage.com  
      6      
      7      
8-Apr-13 M Merch. vs. Mfg. Inc. Stmt. 8      
9-Apr-13 T Cost of Goods Manufactured 9      
10-Apr-13 W Mfg. Balance Sheet 10   See CengageNow:  
11-Apr-13 Th Job Order Costing 11   http://login.cengage.com  
12-Apr-13 F Flow of Costs--Mfg. 12      
      13      
      14      
15-Apr-13 M Job Cost Sheet 15 Chapter 19:    
16-Apr-13 T Predetermined MO Rate 16 Job Order Costing See CengageNow:  
17-Apr-13 W Mfg. Journal Entries 17   http://login.cengage.com  
18-Apr-13 Th Over- or Underapplied MO 18      
19-Apr-13 F Process Costing Basics 19      
      20      
      21      
22-Apr-13 M Physical Units Table 22 Chapter 20 Appendix:    
23-Apr-13 T Calculating Equivalent Units 23 Process Costing See CengageNow:  
24-Apr-13 W Unit Cost Computation 24 Using the Average http://login.cengage.com  
25-Apr-13 Th Production Cost Report  25 Cost Method    
26-Apr-13 F Just in Time Inventory 26      
      27      
      28      
29-Apr-13 M Activity Based Cost'g (ABC) 29      
30-Apr-13 T Variable vs. Fixed Costs 30 Chapter 21: See CengageNow:  
1-May-13 W Determining Cost Behavior 31 Cost Behavior and http://login.cengage.com  
2-May-13 Th Graphic Approach 32 Cost-Volume-Profit    
3-May-13 F CVP, Breakeven Point 33 Concepts    
      34      
      35      
6-May-13 M Cost/Volume Profit Concepts  36      
7-May-13 T Contrib. Inc. Statement  37   See CengageNow:  
8-May-13 W Costing Methods  38   http://login.cengage.com  
9-May-13 Th Examination I  39      
10-May-13 F CVP Assumptions  40      
      41      
      42      
13-May-13 M Benefits of Budgeting 43 Chapter 22: See CengageNow:  
14-May-13 T Budgeting Essentials 44 Budgeting http://login.cengage.com  
15-May-13 W Master Budget 45      
16-May-13 Th Master Budget 46      
17-May-13 F Master Budget Components 47      
      48      
      49      
20-May-13 M Flexible Budgets & Std. Costs 50 Chapter 23: See CengageNow:  
21-May-13 T Standard Cost System 51 Performance Eval- http://login.cengage.com  
22-May-13 W Setting Standards 52 uation Using    
23-May-13 Th Material & Labor Variances 53 Variance Analysis    
24-May-13 F ABC 54      
      55      
      56      
27-May-13 M HOLIDAY: Memorial Day 57   See CengageNow:  
28-May-13 T Present Value Concepts 58 Present Value http://login.cengage.com  
29-May-13 W Capital Budgeting Decisions 59 Concepts--see web    
30-May-13 Th NPV and IRR 60 pages    
31-May-13 F NPV and IRR 61      
      62      
      63      
3-Jun-13 M NPV and IRR 64 Chapter 26: Capital    
4-Jun-13 T NPV and IRR 65 Investment See CengageNow:  
5-Jun-13 W NPV and IRR 66 Analysis http://login.cengage.com  
6-Jun-13 Th Final Exam Preview 67      
7-Jun-13 F Last Day for Homework 68      
      69      
      70    
10-Jun-13 M Review for Final 71      
11-Jun-13 T Last Regular Class Day 72      
12-Jun-13 W Final Exam Sec 02 10:30-12:30 73
 
   
13-Jun-13 Th   74 Finals Week    
14-Jun-13 F Final Exam Sec 01 8:00-10:00 75