154-0407/04 – Costs, Calculation and Prices (NKC)

Gurantor departmentDepartment of FinanceCredits4
Subject guarantorprof. Dr. Ing. Dana DluhošováSubject version guarantordoc. Ing. Aleš Kresta, Ph.D.
Study levelundergraduate or graduateRequirementChoice-compulsory type B
Year2Semestersummer
Study languageCzech
Year of introduction2019/2020Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
KRE330 doc. Ing. Aleš Kresta, Ph.D.
LIS10 Ing. Karolina Lisztwanová, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Part-time Credit 14+0

Subject aims expressed by acquired skills and competences

This course is devoted to: Orientation and understanding costs theory and their management with respect to economy and effectiveness of entrepreneurial activity, gain ability of short - term decision - making technique in homogenous and heterogeneous production, gain ability of costing with application appropriate calculation techniques and methodologies, gain knowledge about pricing low and basing approach of price - making.

Teaching methods

Lectures

Summary

The course is focused on cost theory and its application in economic management with an emphasis on the issues of short-term decision-making techniques, cost allocation and costing, cost and revenue budgeting. The course is also focused on the issues of pricing and individual pricing methods while respecting the legislation in the price area in the Czech Republic.

Compulsory literature:

MRUZKOVÁ, Jarmila a Karolina LISZTWANOVÁ. Teorie nákladů, kalkulace a ceny. Ostrava: VŠB–TU Ostrava, 2013. ISBN 978-80-248-3164-0. KRÁL, Bohumil a kol. Manažerské účetnictví. 3. dopl. a aktualiz. vyd. Praha: Management Press, 2010. ISBN 978-80-7261-141-0. DLUHOŠOVÁ, D., J. MRUZKOVÁ a I. RATMANOVÁ. Sbírka příkladů, části: Teorie nákladů, Nákladové modely, Analýza bodu zvratu, Kalkulace. Ostrava: VŠB - TU Ostrava, 2007. Elektronické dokumenty, formát *.pdf, přístupné v IS EkF,předmět 154 307 / Pomůcky pro cvičení. Vytvořeno v rámci projektu FRVŠ. 4. KEAT, P., YOUNG, P.K. Managerial Economics . Prentice Hall, 2008.

Recommended literature:

GARRISON, R. H., E. W. NOREEN and P. C. BREWER. Managerial accounting. 14th ed. New York: McGraw–Hill/Irwin, 2012. ISBN 978-0-07-811100-6. PETŘÍK, Tomáš. Ekonomické a finanční řízení firmy: manažerské účetnictví v praxi. 2., výrazně rozš. a aktualiz. vyd. Praha: Grada Publishing, 2009. ISBN 978-80-247-3024-0. POPESKO, Boris a Šárka PAPADAKI. Moderní metody řízení nákladů: jak dosáhnout efektivního vynakládání nákladů a jejich snížení. 2., aktualizované a rozšířené vydání. Praha: Grada Publishing, 2016. ISBN 978-80-247-5773-5. FIBÍROVÁ, J., L. ŠOLJAKOVÁ a J. WAGNER. Nákladové a manažerské účetnictví. Praha: ASPI, 2007. ISBN 978-80-7357-299-0. LANG, Helmut. Manažerské účetnictví – teorie a praxe. Přel. J. Forejtová a Z. Maňasová. Praha: C. H. Beck, 2005. ISBN 80-7179-419-8. Zákon č. 526/1990 Sb. o cenách.

Way of continuous check of knowledge in the course of semester

credit - exercise to calculate and theoretical part

E-learning

Other requirements

There are no other requirements on student.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Development, conception and procedural concept of costs, relation of costs and expenses, concepts of revenues and income, principle of economy and efficiency, accounting and economic conception of costs. Performance, classification of production and performance for the needs of economic management tasks. Profit. 2. Structure and classification of costs according to type and classification purposes, the importance of their use in control and cost management. The economic structure of the company. Classification of centers of economic structure of the company for the purpose of accounting and cost management according to the principles of responsibility. 3. Classification of costs according to decision-making processes and their use in management accounting. 4. Classification of costs according to the relation to change in the output volume, absolutely fixed and relatively fixed costs, used and unused fixed costs, relative savings in fixed costs, variable costs, coefficient of reaction. Mixed costs, sticky cost. 5. Differential and incremental costs. Classification of revenues. 6. Cost models and their classification. Methods of estimation of fixed and variable costs. Linear cost function and its use in economic management. 7. Short-term decision-making techniques based on accounting information – theory of break-even point in homogeneous and heterogeneous (assortment) production. Method of variable costing (direct costing). 8. The role and use of calculations in the economy. The basic concepts used in the theory of calculations. Place of calculation system in the system of economic management of a company, relations of the calculations to other information systems. 9. The form and the structure of calculations, calculation formula with regard to the purpose of calculations’ usage, general calculation formula, responsibility of calculations’ compilation. 10. Types of calculations – classification and characteristics of calculations’ types in relation to time of compilation and their function in economic management. Principle of Target Costing. 11. Calculation techniques – simple division, division with ratio numbers, surcharge costing, activity based costing. 12. Calculation techniques – individual calculations, calculations of combined performance, calculations of phase and stepped production. 13. Price functions in the economy. Theoretical aspects of pricing, legislative regulation of prices in the Czech economy. 14. Cost-oriented pricing methods and their use – cost-price relationship, parametric pricing, modularity and others. Market-oriented pricing methods.

Conditions for subject completion

Part-time form (validity from: 2019/2020 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit Credit 85 (85) 85
        Zápočtová písemka - příkladová část Written test  
        Zápočtová písemka - teoretická část Written test 85  85
Mandatory attendence parzicipation:

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Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2021/2022 (B0312A050001) Public Economics and Administration K Czech Valašské Meziříčí 2 Choice-compulsory type B study plan
2021/2022 (B0312A050001) Public Economics and Administration K Czech Ostrava 2 Choice-compulsory type B study plan
2021/2022 (B0312A050001) Public Economics and Administration K Czech Šumperk 2 Choice-compulsory type B study plan
2020/2021 (B0312A050001) Public Economics and Administration K Czech Ostrava 2 Choice-compulsory type B study plan
2020/2021 (B0312A050001) Public Economics and Administration K Czech Šumperk 2 Choice-compulsory type B study plan
2020/2021 (B0312A050001) Public Economics and Administration K Czech Valašské Meziříčí 2 Choice-compulsory type B study plan
2019/2020 (B0312A050001) Public Economics and Administration K Czech Ostrava 2 Choice-compulsory type B study plan
2019/2020 (B0312A050001) Public Economics and Administration K Czech Šumperk 2 Choice-compulsory type B study plan
2019/2020 (B0312A050001) Public Economics and Administration K Czech Valašské Meziříčí 2 Choice-compulsory type B study plan

Occurrence in special blocks

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