545-0293/03 – Systems of Prices (SysC)

Gurantor departmentDepartment of Economics and Control SystemsCredits6
Subject guarantorIng. Yveta Tomášková, Ph.D.Subject version guarantorIng. Markéta Laštůvková, Ph.D.
Study levelundergraduate or graduate
Study languageCzech
Year of introduction1990/1991Year of cancellation
Intended for the facultiesHGFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
ROL74 Ing. Markéta Laštůvková, Ph.D.
TOM60 Ing. Yveta Tomášková, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 3+2
Combined Credit and Examination 15+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

Další požadavky na studenta

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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

Combined form (validity from: 2013/2014 Summer semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Exercises evaluation and Examination Credit and Examination 100 (100) 51
        Exercises evaluation Credit 33 (33) 17
                Project Project 33  17
        Examination Examination 67 (67) 34
                Written examination Written examination 67  34
Mandatory attendence parzicipation:

Show history
Full-time form (validity from: 2011/2012 Summer semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Exercises evaluation and Examination Credit and Examination 100 (100) 51
        Exercises evaluation Credit 33 (33) 17
                Písemky Written test 33  17
        Examination Examination 67  34
Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.FormStudy language Tut. centreYearWSType of duty
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2018/2019 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials P Czech Ostrava 3 Compulsory study plan
2018/2019 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials K Czech Ostrava 3 Compulsory study plan
2018/2019 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials K Czech Most 3 Compulsory study plan
2017/2018 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials P Czech Ostrava 3 Compulsory study plan
2017/2018 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials K Czech Ostrava 3 Compulsory study plan
2017/2018 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials K Czech Most 3 Compulsory study plan
2016/2017 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials P Czech Ostrava 3 Compulsory study plan
2016/2017 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials K Czech Ostrava 3 Compulsory study plan
2016/2017 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials K Czech Most 3 Compulsory study plan
2015/2016 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials K Czech Most 3 Compulsory study plan
2015/2016 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials K Czech Ostrava 3 Compulsory study plan
2015/2016 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials P Czech Ostrava 3 Compulsory study plan
2014/2015 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials K Czech Most 3 Compulsory study plan
2014/2015 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials P Czech Ostrava 3 Compulsory study plan
2013/2014 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials K Czech Most 3 Compulsory study plan
2013/2014 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials P Czech Ostrava 3 Compulsory study plan
2012/2013 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials P Czech Ostrava 3 Compulsory study plan
2012/2013 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials K Czech Most 3 Compulsory study plan
2011/2012 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials P Czech Ostrava 3 Compulsory study plan
2011/2012 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials K Czech Most 3 Compulsory study plan
2010/2011 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials P Czech Ostrava 3 Compulsory study plan
2010/2011 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials K Czech Most 3 Compulsory study plan
2009/2010 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials P Czech Ostrava 3 Compulsory study plan
2009/2010 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials K Czech Most 3 Compulsory study plan
2008/2009 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials K Czech Most 3 Compulsory study plan
2008/2009 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials P Czech Ostrava 3 Compulsory study plan
2007/2008 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials K Czech Most 3 Compulsory study plan
2006/2007 (B2102) Mineral Raw Materials (2102R001) Economics and Management in the Field of Raw Materials K Czech Most 3 Compulsory study plan
2002/2003 (M2102) Mineral Raw Materials (2102T001) Economics Management in Raw Materials treatment Industry K Czech Ostrava 5 Compulsory study plan
2001/2002 (M2102) Mineral Raw Materials (2102T001) Economics Management in Raw Materials treatment Industry K Czech Ostrava 5 Compulsory study plan
2000/2001 (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