Faculty Of Engıneerıng
Industrıal Engıneerıng (Englısh)
Course Information
| COST ANALYSIS IN ENGINEERING | |||||
|---|---|---|---|---|---|
| Code | Semester | Theoretical | Practice | National Credit | ECTS Credit |
| Hour / Week | |||||
| INE342 | Spring | 3 | 0 | 3 | 3 |
| Prerequisites and co-requisites | None |
|---|---|
| Language of instruction | English |
| Type | Required |
| Level of Course | Bachelor's |
| Lecturer | Prof. Dr. Yusuf Zeren |
| Mode of Delivery | Face to Face |
| Suggested Subject | None |
| Professional practise ( internship ) | None |
| Objectives of the Course | To develop an understanding of the creation and identification of costs. Students are expected to have enough knowledge about calculating goods and service cost. Understanding process and job order costing system. Assigning indirect cost to cost centers. |
| Contents of the Course | The basic concepts of cost accounting, goods / services, and the unit costs of mass production, the cost calculation methods, cost accounting to teach modern developments. |
Learning Outcomes of Course
| # | Learning Outcomes |
|---|---|
| 1 | Student uses knowledge s/he gain on accounting and cost concepts’ objectives, developments and basic functions applications in industry. |
| 2 | Student gains the ability to recognize the accounting and cost management’s importance |
| 3 | Student gains the ability to analyze, comment and solve the accounting and cost problems. |
| 4 |
Course Syllabus
| # | Subjects | Teaching Methods and Technics |
|---|---|---|
| 1 | Basic information and concepts | Lecturing |
| 2 | Classification of Costs-Fixed Costs, Variable Costs, Joint Costs | Lecturing |
| 3 | Cost Systems, Financial Statements | Lecturing |
| 4 | Types of cost, the raw material costs and labor costs | Lecturing |
| 5 | Material Costs-Direct-Indirect Distinction | Lecturing |
| 6 | Economic Ordering Quantity, Inventory Control, Inventory Control Methods | Lecturing |
| 7 | Midterm Exam | Exam |
| 8 | Types of cost- General Production Costs | Lecturing |
| 9 | General Production Costs deployment issues | Lecturing |
| 10 | Order cost system | Lecturing |
| 11 | Order cost system-continuation | Lecturing |
| 12 | Process costing system | Lecturing |
| 13 | Process costing system-continuation | Lecturing |
| 14 | Examples, cost of sales and income statement | Lecturing |
| 15 | Examples, cost of sales and income statement | Lecturing |
| 16 | Final Exam |
Course Syllabus
| # | Material / Resources | Information About Resources | Reference / Recommended Resources |
|---|---|---|---|
| 1 | Fundamentals of Engineering Economics, 2nd. Edition, Pearson International Edition, Chan S. Park |
Method of Assessment
| # | Weight | Work Type | Work Title |
|---|---|---|---|
| 1 | 40% | Mid-Term Exam | Mid-Term Exam |
| 2 | 60% | Final Exam | Final Exam |
Relationship between Learning Outcomes of Course and Program Outcomes
| # | Learning Outcomes | Program Outcomes | Method of Assessment |
|---|---|---|---|
| 1 | Student uses knowledge s/he gain on accounting and cost concepts’ objectives, developments and basic functions applications in industry. | 10 | 1͵2 |
| 2 | Student gains the ability to recognize the accounting and cost management’s importance | 10 | 1͵2 |
| 3 | Student gains the ability to analyze, comment and solve the accounting and cost problems. | 10 | 1͵2 |
| 4 |
Work Load Details
| # | Type of Work | Quantity | Time (Hour) | Work Load |
|---|---|---|---|---|
| 1 | Course Duration | 14 | 3 | 42 |
| 2 | Course Duration Except Class (Preliminary Study, Enhancement) | 14 | 1 | 14 |
| 3 | Presentation and Seminar Preparation | 0 | 0 | 0 |
| 4 | Web Research, Library and Archival Work | 0 | 0 | 0 |
| 5 | Document/Information Listing | 0 | 0 | 0 |
| 6 | Workshop | 0 | 0 | 0 |
| 7 | Preparation for Midterm Exam | 1 | 6 | 6 |
| 8 | Midterm Exam | 1 | 2 | 2 |
| 9 | Quiz | 0 | 0 | 0 |
| 10 | Homework | 2 | 2 | 4 |
| 11 | Midterm Project | 0 | 0 | 0 |
| 12 | Midterm Exercise | 0 | 0 | 0 |
| 13 | Final Project | 0 | 0 | 0 |
| 14 | Final Exercise | 0 | 0 | 0 |
| 15 | Preparation for Final Exam | 1 | 20 | 20 |
| 16 | Final Exam | 1 | 2 | 2 |
| 90 | ||||