Information Package

Master's of Fashion Design without Thesis

MOD524

NEW GENERATION COST APPROACHES

Course Code
MOD524
Semester
-
Theory+Practice
3 + 0
ECTS
10
Course TypeElective Course
Course LevelMaster's Degree Without Thesis
Year of Study-
Semester-
ECTS10
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. analyze the up-to-dateness of comprehensive information about the applications of cost methods.
  2. follow up pricing decisions and policies.
  3. evaluate the applicability of modern costing methods.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme Components
Course DescriptionInformation will be given on the concept of cost, cost calculation methods, efficiency calculation and work time study. Students will gain the ability to calculate the cost of a product that is mass-produced in apparel or produced to order, and to determine the selling price. Within the scope of the course; production planning and costing, standard costing system, new approaches in cost management, target costing, kaizen costing, quality costs in the product life cycle and activity-based costing will be discussed.
Course Contents
WEEK TOPICS
1st Week The Effect of Full, Variable, Normal Costing Method and Results on Financial Statements
2nd Week Case Studies on the Effect of Full, Variable, Normal Costing Method and Results on Financial Statements
3rd Week Distribution of Differences in Standard Cost Method and Its Effect on Financial Analysis Results
4th Week Case Studies on the Distribution of Differences in Standard Cost Method and its Effect on Financial Analysis Results
5th Week Cost-Volume-Profit Analysis
6th Week Case Studies on Cost-Volume-Profit Analysis
7th Week Pricing Policy and Decisions
8th Week Pricing Policy and Decisions
9th Week Budgeting and Budget Control
10th Week Case Studies
11th Week Transfer Pricing Policies
12th Week Transfer Pricing Methods
13th Week The Role and Importance of Costing Methods in Determining Transfer Price
14th Week Article Reviews and Presentations on All Topics
Recommended or Required ReadingGürdal, K. (2007). Maliyet Yönetiminde Güncel Yaklaşımlar. Ankara: Siyasal Kitabevi.
Tokatlıoğlu, M. (2017). Fayda ? Maliyet Analizi. Ekin Yayınevi.
Planned Learning Activities and Teaching Methods
  • Lecture
  • Discussion
  • Questions/Answers
  • Case Study
  • Problem Solving
  • Practice
  • Project
  • Report Preparation
  • Presentation
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 40
Total(%) 40
Contribution of In-term Studies to Overall Grade(%) 40
Contribution of Final Examination to Overall Grade(%) 60
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 2 5 10
Preparation for Quiz
Individual or group work 14 14 196
Preparation for Final exam 1 20 20
Course hours 14 3 42
Preparation for Midterm exam 2 5 10
Laboratory (including preparation)
Final exam 1 12 12
Homework 2 5 10
Total Work Load300
Total Work Load / 30 (h)10
ECTS Credit of the Course10
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3
K1
K2
K3 X
K4 X
K5 X X X