545-0293/02 – Systems of Prices (SysC)

Gurantor departmentDepartment of Economics and Control SystemsCredits3
Subject guarantorIng. Igor Černý, Ph.D.Subject version guarantorIng. Markéta Laštůvková, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Year5Semestersummer
Study languageCzech
Year of introduction1990/1991Year of cancellation2008/2009
Intended for the facultiesHGFIntended for study typesBachelor, Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
ROL74 Ing. Markéta Laštůvková, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Part-time Credit and Examination 10+0

Subject aims expressed by acquired skills and competences

Learning outcomes of the course unit the aim of the course is to understand the costing systems, the importance of the cost in practice and the process of pricing. Students will acquire theoretical knowledge and professional skills in the field of costing, budgeting and cost analysis.

Teaching methods

Lectures
Tutorials

Summary

The subject concerns fundamentals of price formation, cost analysis, calculations, types of calculation formulas, calculation methods and calculation techniques (i. e. division costing, overheads costing, variable costing, standard calculation). The content of the subject is the cost budget, break-even point, pricing policy.

Compulsory literature:

LUCEY, Terry. [i]Costing.[/i] Seventh edition. Cengage Learning EMEA, 2008. ISBN 1844809439.

Recommended literature:

1. DRURY, Colin. [i]Management and Cost Accounting.[/i] Third Edition. Springer, 2013. ISBN 9781489968289.

Way of continuous check of knowledge in the course of semester

Regular feedback on the progress of knowledge during the current term is provided by knowledge checks.

E-learning

Other requirements

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Price, price function in market economics, Act of price. 2. Relationships among cost, price and accounting, costs accounting, managerial accounting, financial accounting. 3. Costs and expenditure, yield and income, different way and significance of cost classification. 4. Cost calculation of output: calculation, basic terms, basic term of calculations, calculation tables, costing methods and techniques 5. Costing techniques: division costing, overheads costing, time lump-sum costing, dynamics calculations, X diagram. 6. Non-absorbing costing, break-even point analysis. 7. Costing methods: costing by division, job-order costing, multistage costing, costing joint products. 8. Planning and budgeting: basic terms and relationships, short-time budgeting. 9. Budgeting of overhead cost, medium and long-time budgeting. 10. Method of standard costs. 11. Transfer prices. 12. Decision tasks. 13. Pricing decisions. 14. Controlling

Conditions for subject completion

Part-time form (validity from: 1960/1961 Summer semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of pointsMax. počet pokusů
Exercises evaluation and Examination Credit and Examination 100 (100) 51 3
        Exercises evaluation Credit 33 (33) 0 3
                Project Project 33  0 3
        Examination Examination 67 (67) 0 3
                Written examination Written examination 67  0 3
Mandatory attendence participation:

Show history

Conditions for subject completion and attendance at the exercises within ISP:

Show history

Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2007/2008 (M2102) Mineral Raw Materials (2102T001) Economics Management in Raw Materials treatment Industry K Czech Ostrava 5 Compulsory study plan
2007/2008 (M2102) Mineral Raw Materials (2102T001) Economics Management in Raw Materials treatment Industry K Czech Most 5 Compulsory study plan
2006/2007 (M2102) Mineral Raw Materials (2102T001) Economics Management in Raw Materials treatment Industry K Czech Ostrava 5 Compulsory study plan
2006/2007 (M2102) Mineral Raw Materials (2102T001) Economics Management in Raw Materials treatment Industry K Czech Most 5 Compulsory study plan
2005/2006 (M2102) Mineral Raw Materials (2102T001) Economics Management in Raw Materials treatment Industry K Czech Ostrava 5 Compulsory study plan
2005/2006 (M2102) Mineral Raw Materials (2102T001) Economics Management in Raw Materials treatment Industry K Czech Most 5 Compulsory study plan
2004/2005 (M2102) Mineral Raw Materials (2102T001) Economics Management in Raw Materials treatment Industry K Czech Ostrava 5 Compulsory study plan
2003/2004 (M2102) Mineral Raw Materials (2102T001) Economics Management in Raw Materials treatment Industry K Czech Ostrava 5 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner

Assessment of instruction

Předmět neobsahuje žádné hodnocení.