City of Malabon University Date Last Revised:

November 22, 2021

College Name Revision Date:
College of Business and Accountancy November 22, 2021

Program Name Semester Adopted:

2nd Trimester 2021-2022

Vision Mission
The City of Malabon University College of College of Business and Accountancy of the City
Business and Accountancy is committed to of Malabon University aims to provide life-long
produce Trustworthy and Competent learning with relevant experiences; rooted upon
Professionals in the World of Business. Ethical and Standard in Business Industries.

College Goals
C.B.A.-C.M.U. generally anchored to the following objectives; to wit:

 To keep the students updated with the latest information through in-house seminars and training.

 To actualize the theoretical knowledge and application through on-the-job training, case analysis
and management research for economic decision making.

Program Outcomes

A graduate of BS in Accountancy, BS in Accounting Management, BS in Financial Management

should be able to:
1. Resolve business issues and problems, with a global and strategic perspective using knowledge
and technical proficiency in the areas of financial accounting and reporting, cost accounting and
management, accounting and control, taxation, and accounting information systems;
2. Conduct accountancy research through independent studies of relevant literature and
appropriate use of accounting theories and methodologies;
3. Employ technology as a business tool in capturing financial and non-financial information,
generating reports and making decisions;
4. Apply knowledge and skills to successfully respond to various types of assessments (including
professional licensure and certifications as Certified Public Accountant); and
Confidently maintain a commitment to good corporate citizenship, social responsibility and ethical
practice in performing functions as an accountant.

Course Information
Course Name Course Code
Cost Accounting and Control CAE 218
Pre-Requisite Subject Course Credit
Basic Accounting Process/ Taxation 6 units
Course Requirements
1. Basic Accounting Process
2. Taxation
 3. Intermediate Accounting
Grading System
% Scale Rating Numerical Rating Remarks
98-100 1.00 Excellent
95-97 1.25 Excellent
92-94 1.50 Very Good
89-91 1.75 Very Good
86-88 2.00 Good
83-85 2.25 Good
80-82 2.50 Satisfactory
77-79 2.75 Satisfactory
75-76 3.00 Passed
Below 75 5.00 Failed
INC Incomplete
DO Dropped Officially
DU (5.00) Dropped Unofficially

Course Description
This course aims to provide a practical knowledge of cost accounting systems and procedures to help
students understand and use accounting data necessary for planning, controlling and costing products
and services. The lecture will start with an overview of the nature and purpose of cost accounting.
Students will learn the basic concept that cost flow matches work flow and later go through the major
areas of cost accounting i.e., job order cost accounting, process cost accounting and standard cost.

Course Outcomes
PART I
Basic Concepts
Job Order Cost Cycle
Purchasing Materials
Storing and Issuing of Materials
Controlling Inventory
Labor Accounting
Manufacturing Overhead Accounting
Activity Based Costing
Accounting for Losses

PART II
Process Costing
Average Costing
FIFO Costing
Accounting for Spoiled Units
Accounting for Joint Products and By-Products
Standard Costing
Just-in-Time Manufacturing System

Time Learning Outcomes Content Teaching Activity Assessment

Wee  Basic Concepts  Definition of Cost  Lecture  Participation
k1 Accounting  Interactive in the
 Purpose of Cost Discussion classroom.
Accounting  Board drill  Quiz
Pencil and Paper  Seatwork
drill Exercises
 Recitations

Wee  Job Order Cost  Classification of  Blended  Online Class

k2 Cycle Manufacturing Learning participation
Costs thru:  Online
 Job order cost 1. Google Exercises
cycle Classroom  Online Quiz
2. YouTube
Viewing –
link
provided
on
reference

Wee  Purchasing  Materials  Lecture  Participation

k3 Materials control  Interactive in the
 Storing and Issuing  Principles of Discussion classroom.
of Materials Internal  Board drill  Quiz
control Pencil and Paper  Seatwork
drill Exercises
 Recitations

Wee  Controlling  Costing Problem  Blended  Online Class

k4 Inventory  Inventory Costing Learning participation
method thru:  Online
3. Google Exercises
Classroom  Online Quiz
4. YouTube
Viewing –
link
provided
on
reference

Wee  Labor Accounting  Timekeeping  Lecture  Participation

k5  Charging labor  Interactive in the
cost to production Discussion classroom.
 Board drill  Quiz
Pencil and Paper  Seatwork
drill Exercises
 Recitations

Wee  Control of  Blended  Online Class

k6  Manufacturing manufacturing Learning participation
Overhead Actual overhead thru:  Online
and Applied  Charging of 5. Google Exercises
manufacturing Classroom  Online Quiz
6. YouTube
overhead to
 production Viewing –
link
provided
on
reference

Wee  MID-TERMS  Lecture  On line

k7  Discussio class
n participatio
n

Wee  Manufacturing  Classification of  Lecture  Participation

k8 Overhead departments  Interactive in the
Departmentalizatio  Procedures of Discussion classroom.
n departmentalizatio  Board drill  Quiz
n Pencil and Paper  Seatwork
drill Exercises
 Recitations

Wee  Traditional costing  Blended  Online Class

k9  Activity Based vs activity based Learning participation
Costing costing thru:  Online
 Completing the 7. Google Exercises
cost cycle Classroom  Online Quiz
8. YouTube
Viewing –
link
provided
on
reference

Wee FINALS  Lecture

k 10  Interactive  Seatwork
Discussion Exercises
 Pencil and  Recitations
Paper drill

Wee
k 11
Wee
k 12
Wee
k 13
Wee
k 14

Suggested Textbooks/Reference Materials:

Cost Accounting Principles and Procedural Application 2018 edition by Pedro P. Guevarra
Any Cost Accounting book available in the bookstore will be helpful