Tutorial letter 201/2/2013
|
|
- Branden Tyler
- 5 years ago
- Views:
Transcription
1 ACN306Y/201/2/2013 Tutorial letter 201/2/2013 MANAGEMENT ACCOUNTING TECHNIQUES AS AID IN DECISION-MAKING SEMESTE 2 Department of Management Accounting IMPOTANT INFOMATION: This tutorial letter contains important information about your module. Dear Student Enclosed please find the solution in respect of compulsory assignment 01/2013. It is in your own interest to work through the suggested solution in conjunction with the assignment and your own answer. Kind regards Telephone number Office number Mrs S Klopper Mrs A aath ACN306Y-13-S2@unisa.ac.za Mrs P Berry
2 QUESTION 1 ELECTA WHOLESALES Break-even selling price: Let the selling price per unit = x Break-even point = Fixed costs Marginal income per unit = χ x = (x- 10) = x = x x = = 18 The break-even selling price would be 18. or Sales = Fixed costs + Variable costs + Profit x = 10 (20 000) x = x = x = 18 Option (2) is therefore correct. QUESTION 2 LESATH CC Conversion costs: Direct labour Variable overheads Fixed overheads Option (3) is therefore correct. 2
3 ACN306Y/201/2 QUESTION 3 MEGA CC Evaluation of statements: No of units Doubling produced Total time (Hours) Cumulative average time per unit (Hours) , , , , , , , , , , = Statements 1, 2 and 4 are true. Option (3) is therefore correct. QUESTION 4 OKUL LTD Let the total time for unit 1 = x Learning rate = 0,90 = Cumulative average time per unit Previous cumulative average time per unit ( x ) 2 x 0,9x = x ,8x = x 0,8x = x = Cumulative average time for the 16 th unit: Cumulative number of units Total cumulative time (minutes) Cumulative average time per unit (minutes) Alternatively: 0,90 3 x = Option (4) is therefore correct. 3
4 QUESTION 5 KASTA (PTY) LTD Overhead recovery rate: = Applied overheads ( x 4) Actual manufacturing overheads Under-recovery Option (4) is therefore correct. POLAIS ENTEPISES QUESTION 6 Marginal income per machine hour - Deluxe model: Marginal income = Selling price - variable costs = ( ) = 150 Number of machine hours required to manufacture one unit = 45/60 = 0,75 Marginal income per machine hour = 150 0,75 = 200 Option (5) is therefore correct. QUESTION 7 Marginal income per machine hour - Standard model: Marginal income = Selling price - variable costs = ( ) = 100 anking of products: Product Marginal income per unit Hours per unit Labour hours Marginal income per hour anking Hours per unit Machine hours Marginal income per hour anking Standard / Deluxe , /
5 ACN306Y/201/2 QUESTION 7 (continued) Evaluation of options: Option (1) is true. Option (2) is false as the standard model ranks first in terms of labour hours. Option (3) is false as the standard model ranks equally in terms of machine hours and first in terms of labour hours. Option (4) is false for the same reason as (3). Option (1) is therefore correct. QUESTION 8 The equation in option (3) represents the correct one. QUESTION 9 Budgeted fixed manufacturing overheads Number of machine hours required in order to manufacture one unit Budgeted fixed manufacturing overheads per unit Budgeted fixed manufacturing overheads per machine hour Standard model Deluxe model Total number of machine hours available Total budgeted fixed manufacturing overheads ( x 28) hours Option (2) is therefore correct. 5
6 QUESTION 10 FUUD (PTY) LIMITED equired selling price: Let the required selling price = x Sales = Fixed costs + Variable costs + Profit x = [ x ( ,60) + 10%x] (2,82 x ) x = x = 8,80 The required selling price would have to be set at 8,80 per unit. Option (4) is therefore correct. TEGMAN LIMITED QUESTION 11 Substitute b = 0,6004 in the following equation: Σy = na + bσx = 7a b = 7a (0,6004) = 7a ,792 7a = ,792 7a = 135,208 a = 19,3154 The correct answer is therefore option (4). QUESTION 12 y = average daily maintenance cost y = a + bx y = 19, ,6004 (250) y = 19, ,1 = 169,42 The correct answer is therefore option (1). UNISA
Department of Management Accounting
MAC3701/201/2/2015 Tutorial Letter 201/2/2015 APPLICATION OF MANAGEMENT ACCOUNTING TECHNIQUES MAC3701 SEMESTER 2 Department of Management Accounting This tutorial letter contains important information
More informationCost estimation and cost behaviour
Cost estimation and cost behaviour Solutions to Chapter 24 questions Question 24.25 (a) The first stage is to convert all costs to a 2002 basis. The calculations are as follows: 1998 1999 2000 2001 ( 000)
More informationPaper 1. Question The accuracy of entries into staff records. (1) No person may make a false entry in a record maintained.
Paper 1 Question 1 1.1. The place and function of cost accounting. (8) Cost accounting is the process (1) to compile the cost of producing (1) a certain product, and this will include services and activities.
More informationMANAGEMENT ACCOUNTING 2. Module Code: ACCT08004
School of Business & Enterprise Paisley & Hamilton Campus Session 015-016 Trimester 1 MANAGEMENT ACCOUNTING Module Code: ACCT08004 Date: 1st January 016 Time: 1400-1600 Answer THREE questions Question
More informationMANAGEMENT ACCOUNTING TECHNIQUES AS AID IN DECISION-MAKING ACN306Y
MANAGEMENT ACCOUNTING TECHNIQUES AS AID IN DECISION-MAKING ACN306Y 1 PROGRAMME: GROUP DISCUSSION 2010 14:30-15:30 COST VOLUME PROFIT, REGRESSION, LEARNING CURVES, OPTIMISATION (CHAPTERS 5, 6, 7, 8) 15:30-15:45
More informationBoth Isitya and Ikopi renders more net profit after further processing and should therefore be processed further.
OCT/NOV MAC2601 1.1 C Units purchased: 1 200 units Purchase price R6.80 Freight charges 0.68 Total 7.48 Value is therefore equal to 1200 units*7.48=r8 976 1.2 B 1.3 B 200 000 / 40 000 = R5 per machine
More informationAPPLICATION OF MANAGEMENT ACCOUNTING TECHNIQUES. Department of Management Accounting
MAC3701/203/3/2015 Tutorial Letter 203/3/2015 APPLICATION OF MANAGEMENT ACCOUNTING TECHNIQUES MAC3701 SEMESTE 1 and SEMESTE 2 Department of Management Accounting This tutorial letter contains important
More informationTutorial letter 201/1/2015
TAX2601/201/1/2015 Tutorial letter 201/1/2015 Principles of Taxation TAX2601 Semester 1 Department of Taxation QUESTIONS AND SUGGESTED SOLUTIONS ASSIGNMENT 3 (exam paper) Bar code 2 Dear Student This tutorial
More informationPrinciples of Management Accounting (MAC2601)
MAC2601/103/1/2013 Principles of Management Accounting (MAC2601) TUTOIAL LETTE 103 General exam guidelines and additional questions for practice DEPATMENT OF MANAGEMENT ACCOUNTING CONTENTS 1. INTODUCTION...
More informationPaper F2. Management Accounting. Fundamentals Pilot Paper Knowledge module. The Association of Chartered Certified Accountants. Time allowed: 2 hours
Fundamentals Pilot Paper Knowledge module Management ccounting Time allowed: 2 hours LL FIFTY questions are compulsory and MUST be attempted. Paper F2 o NOT open this paper until instructed by the supervisor.
More informationFEEDBACK TUTORIAL LETTER ASSIGNMENT 2 COST AND MANAGEMENT ACCONTING 102 CMA512S
FEEDBACK TUTORIAL LETTER 2 nd SEMESTER 2017 ASSIGNMENT 2 COST AND MANAGEMENT ACCONTING 102 CMA512S 1 COURSE: COST AND MANAGEMENT ACCOUNTING 102 COURSE CODE: CMA512S TUTORIAL LETTER: 01/2017 DATE: 08/2017
More informationAPPLICATION OF FINANCIAL MANAGEMENT TECHNIQUES
MAC3702 APPLICATION OF FINANCIAL MANAGEMENT TECHNIQUES FREQUENTLY ASKED QUESTIONS 1. Can I expect to see identical examination questions as included in MAC3702 previous exam papers or other questions included
More informationBsc (Hons) Tourism and Hospitality Management. Cohort: BTHM/16A/FT. Examinations for 2016/2017 Semester I. & 2016 Semester II
Bsc (Hons) Tourism and Hospitality Management Cohort: BTHM/16A/FT Examinations for 2016/2017 Semester I & 2016 Semester II MODULE: COST AND MANAGEMENT ACCOUNTING MODULE CODE: ACCF 1104A Duration: 2 Hours
More informationDepartment of Management Accounting
MAC3701/102/3/2015 Tutorial Letter 102/3/2015 APPLICATION OF MANAGEMENT ACCOUNTING TECHNIQUES MAC3701 SEMESTE 1 and 2 Department of Management Accounting This tutorial letter contains important information
More informationTutorial letter 201/1/2017
TAX2601/201/1/2017 Tutorial letter 201/1/2017 Principles of Taxation TAX2601 Semester 1 Department of Taxation QUESTIONS AND SUGGESTED SOLUTIONS ASSIGNMENT 3 Bar code 2 Dear Student This tutorial letter
More informationDiploma in Financial Management - (Rodrigues) RESIT/SPECIAL Examinations for 2010 Semester II
Diploma in Financial Management - (Rodrigues) Cohort: DFM/10/FT RESIT/SPECIAL Examinations for 2010 Semester II MODULE: MANAGEMENT ACCOUNTING FOR DECISION MAKING MODULE CODE: ACCF2118 Duration: 2 Hours
More informationPREPARATION OF LESSON PLAN FRAMEWORK. (Module wise)
LESSON PLAN 08-09 ODD SEMESTER BACHELORS OF COMMERCE C MC 0 ADVANCED COST ACCOUNTING COURSE / SUBJECT OBJECTIVES: To acquire in depth knowledge for effective decision making in firms and their business
More informationPrinciples of Management Accounting (MAC2601)
MAC601/01/1/013 Principles of Management Accounting (MAC601) TUTOIAL LETTE 01 (Solution of assignment 1 unique number: 74196) DEPATMENT OF MANAGEMENT ACCOUNTING CONTENTS 1. INTODUCTION.... ASSESSMENT PLAN
More informationSUGGESTED SOLUTIONS IN RESPECT OF ASSIGNMENT 01/2009 AND ASSIGNMENT 02/2009. Suggested solution 02/2009 (solution to multiple choice questions)
ACN304W/202/1/2009 SCHOOL OF ACCOUNTING SCIENCES DEPATMENT OF FINANCIAL ACCOUNTING TUTOIAL LETTE 202/2009 FO ACN304W Dear Student SUGGESTED SOLUTIONS IN ESPECT OF ASSIGNMENT 01/2009 AND ASSIGNMENT 02/2009
More informationFinancial Management Bachelors of Business (Specialized in Finance) Tutorial Questions Chapter 1: Introduction to Cost Accounting
Financial Management Bachelors of Business (Specialized in Finance) Tutorial Questions Chapter 1: Introduction to Cost Accounting 1 Practice Questions Question 1 Cost Accounting System is neither unnecessary
More informationFinal Examination Semester 2 / Year 2011
Southern College Kolej Selatan 南方学院 Final Examination Semester 2 / Year 2011 COURSE : BASIC COSTING COURSE CODE : ACCT2013 TIME : 2 1/2 HOURS DEPARTMENT : FINANCE AND ACCOUNTING LECTURER : GAN HWI SIN
More informationFoundation Access Course for Undergraduate Programmes. Examinations for 2010 / Semester 2
Foundation Access Course for Undergraduate Programmes Cohort: FACUP/10A/FT Examinations for 2010 / Semester 2 MODULE: FOUNDATION OF ACCOUNTING 2 MODULE CODE: ACCF 0118 Duration: 2 Hours Reading time: 15
More informationFEEDBACK TUTORIAL LETTER
FEEDBACK TUTORIAL LETTER 1 st SEMESTER 2017 ASSIGNMENT 2 MANAGEMENT ACCOUNTING 310 GMA711S 1 COURSE: MANAGEMENT ACCOUNTING 310 COURSE CODE: GMA711S TUTORIAL LETTER: 02/2017 DATE: 04/ 2017 Dear Student
More informationCOVENANT UNIVERSITY NIGERIA TUTORIAL KIT OMEGA SEMESTER PROGRAMME: MECHANICAL ENGINEERING
COVENANT UNIVERSITY NIGERIA TUTORIAL KIT OMEGA SEMESTER PROGRAMME: MECHANICAL ENGINEERING COURSE: MCE 541 DISCLAIMER The contents of this document are intended for practice and leaning purposes at the
More informationCode No. : Sub. Code : R 3 BA 52/ B 3 BA 52
(8 pages) Reg. No. :... Sub. Code : R 3 BA 52/ B 3 BA 52 B.B.A. (CBCS) DEGREE EXAMINATION, NOVEMBER 2014. Fifth Semester Business Administration Main MANAGEMENT ACCOUNTING (For those who joined in July
More informationPAPER 10: COST & MANAGEMENT ACCOUNTANCY
MTP_Intermediate_Syllabus 01_Jun016_Set 1 PAPER 10: COST & MANAGEMENT ACCOUNTANCY Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 MTP_Intermediate_Syllabus
More informationCHAPTER 11. Cost volume profit analysis for decision making CONTENTS
CHAPTER 11 Cost volume profit analysis for decision making CONTENTS 11.1 Cost behaviour analysis using high low method 11.2 Absorption costing versus direct costing 11.3 CVP analysis 11.4 Impact of change
More information{List Sales (1 Trade Discount) Total Cost} (1 Tax Rate) = 0.06K
FINAL CA MAY 2018 ADVANCED MANAGEMENT ACCOUNTING Test Code F84 Branch: Date : 04.03.2018 (50 Marks) Note: All questions are compulsory. Question 1(4 Marks) (c) Selling Price to Yield 20% Return on Investment
More informationAFM 271. Midterm Examination #2. Friday June 17, K. Vetzal. Answer Key
AFM 21 Midterm Examination #2 Friday June 1, 2005 K. Vetzal Name: Answer Key Student Number: Section Number: Duration: 1 hour and 30 minutes Instructions: 1. Answer all questions in the space provided.
More informationIMPORTANT INFORMATION
FAC1503/103/3/ Tutorial letter 103/3/ Financial Accounting Principles for Law Practitioners FAC1503 Semesters 1 & 2 Department of Financial Accounting IMPOTANT INFOMATION This tutorial letter contains
More informationMANAGEMENT ACCOUNTING ASPECTS 4 MAA41-2
Department of Commercial Accounting MANAGEMENT ACCOUNTING ASPECTS 4 MAA41-2 LAST ASSESSMENT OPPORTUNITY 12 November 2015 Time: 3 hours Marks: 100 Assessor: Internal Moderator: External Moderator: MR K
More informationIntroduction to Finance. 1 March Examination Paper. Time: 3 hours
Introduction to Finance 1 March 2016 Examination Paper Answer any FOUR (4) questions. Clearly cross out surplus answers. Failure to do this will result in only the first FOUR (4) answers being marked.
More informationADDENDUM B: COMPULSORY WRITTEN ASSIGNMENT 02/2016 FOR THE FIRST SEMESTER
MAC2602/MO001 ADDENDUM B: COMPULSORY WRITTEN ASSIGNMENT 02/2016 FOR THE FIRST SEMESTER DUE DATE: assignment) 6 APRIL 2016 (No extension of time will be given for submission of this Before attempting this
More informationFundamentals of Product and Service Costing:
Fundamentals of Product and Service Costing: Practice Quiz Questions 1 Multiple Choice 1. Which of the following statements is correct? a) A cost flow diagram is helpful by providing a graphical representation
More informationACCA Paper F5. Performance Management. Class Notes
ACCA Paper F5 Performance Management Class Notes December 2011 The Accountancy College Ltd, June 2011 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or
More informationDEPARTMENT OF COMMERCE
St. Joseph s College of Commerce (Autonomous) DEPARTMENT OF COMMERCE Teaching Lesson Plan for Financial Markets and Services B.Com T&T 4 th Semester (November 05 to March 06) Subject Objective: To familiarize
More informationExaminations for 2013/2014 Semester I & 2013 Semester II
Programme MA in Educational Leadership and Management MSc Educational Administration and Technology Cohort MEL/12B/PT Year 2 MET/12B/PT Year 2 Examinations for 2013/2014 Semester I & 2013 Semester II MODULE:
More informationMTP_Intermediate_Syllabus 2008_Jun2015_Set 2
Paper 8: Cost & Management Accounting Time Allowed: 3 Hours Full Marks: 100 Question No 1 is Compulsory. Answers any five Questions from the rest. Working Notes should form part of the answer. Question.1
More informationINTER CA MAY Test Code M32 Branch: MULTIPLE Date: (50 Marks) Note: All questions are compulsory.
(5 Marks) Note: All questions are compulsory. INTER CA MAY 218 COSTING Topic: Contract Costing, Budgetary Control, Labour, Joint & By- Product, Absorption Costing, Overheads, Integral & Non Integral, Marginal
More informationTUTORIAL LETTER 102/2/2010 FOR FAC1502
DEPATMENT OF FINANCIAL ACCOUNTING ACCOUNTING MODULE FAC1502 TUTOIAL LETTE 102/2/2010 FO FAC1502 Dear Student Please take note of the following information regarding this module: 1. CONTACT DETAILS The
More informationAnswer FOUR questions: THREE from Section A and ONE from Section B
UNIVERSITY OF EAST ANGLIA Norwich Business School Main Series UG Examination 2017-18 MANAGEMENT ACCOUNTING NBS-5007Y Time allowed: 3 hours Answer FOUR questions: THREE from Section A and ONE from Section
More informationFEEDBACK TUTORIAL LETTER
FEEDBACK TUTORIAL LETTER 1 st SEMESTER 2017 ASSIGNMENT 1 S 1 COURSE: Cost and Management Accounting 201 COURSE CODE: S TUTORIAL LETTER: 01/2017 DATE: 03/ 2017 Dear Student Thank you for submitting your
More informationTUTORIAL LETTER 102/1/2009 FOR ACN101-M (FIRST SEMESTER 2009) ERRATA (CORRECTION): Tutorial letter 101/3/2009, Assignment 1, page 31, question 20.
ACN101-M/102/1/2009 DEPATMENT OF ACCOUNTING ACCOUNTING MODULE ACN101-M TUTOIAL LETTE 102/1/2009 FO ACN101-M (FIST SEMESTE 2009) Dear Student IMPOTANT: EATA (COECTION): Tutorial letter 101/3/2009, Assignment
More informationMAC1501 OCTOBER/NOVEMBER 2017 SUGGESTED SOLUTIONS
MAC1501 OCTOBE/NOVEMBE 2017 QUESTION 1 1.1 T 1.2 F 1.3 T 1.4 T 1.5 T 1.6 T 1.7 T 1.8 T 1.9 F 1.10 T SUGGESTED SOLUTIONS QUESTION 2 2.1 (C) 2.2 (d) 2.3 (d) 2.4 (c) 2.5 (b) 2.6 (d) 2.7 (b) 2.8 (c) 2.9 (c)
More information(a) Decision to Make or Buy the Tubes: Variable overhead cost per box: Rs. per Box
Question No. 1 SUGGESTED SOLUTIONS/ ANSWERS SPRING 2018 EXAMINATIONS 1 of 8 (a) Decision to Make or Buy the Tubes: Variable overhead cost per box: Rs. per Box Total manufacturing overhead cost per box
More informationMICPA Conversion Programme. Module Outline Management Accounting
Module Outline MANAGEMENT ACCOUNTING AIM To ensure that students are able to: 1. Understand cost behaviours and product costing 2. Understand the cost terms and concepts, and its relevance for decision-making
More informationMultiple Choice Questions
Multiple Choice Questions 1. A mixed cost a) is fixed over a wider range of activity than a variable cost. b) is a fixed cost over the relevant range and a variable cost everywhere else. c) contains both
More informationSTART YOUR STUDIES BY FIRST WORKING THROUGH THIS TUTORIAL LETTER
FAC2601/101/3/2011 SCHOOL OF ACCOUNTING SCIENCES DEPARTMENT OF FINANCIAL ACCOUNTING ACCOUNTING 2, MODULE FAC2601 FINANCIAL ACCOUNTING FOR COMPANIES TUTORIAL LETTER 101/3/2011 FOR FAC2601 (FIRST AND SECOND
More informationP1 Performance Evaluation
Management Accounting Pillar Managerial Level Paper P1 Management Accounting Performance Evaluation 24 November 2009 Tuesday Morning Session Instructions to candidates You are allowed three hours to answer
More informationPRACTICE TEST PAPER - 2 INTERMEDIATE (IPC): GROUP I PAPER 3: COST ACCOUNTING AND FINANCIAL MANAGEMENT
PRACTICE TEST PAPER - 2 INTERMEDIATE (IPC): GROUP I PAPER 3: COST ACCOUNTING AND FINANCIAL MANAGEMENT Question No. 1 is compulsory. Attempt any five questions from the remaining six questions. Working
More informationOsborne Books Supplement
Osborne Books Supplement Management Accounting: Decision and Control Tutorial Updates Summer 2017 (to incorporate AAT s Specification Updates) 2 m a n a g e m e n t a c c o u n t i n g : d e c i s i o
More informationMTP_Intermediate_Syl2016_June2017_Set 1 Paper 8- Cost Accounting
Paper 8- Cost Accounting Page 1 Page 1 Paper-8: Cost Accounting Full Marks: 100 Time allowed:3 hours Section A Answer the following questions: 1. Choose the correct answer from the given four alternatives:
More informationModel answers. Diploma pathway Advanced certificate Recording and Analysing Costs and Revenues (ECR) 2003 Standards
Model answers NVQ/SVQ in Accounting Level 3 Recording and Evaluating Costs and Revenues (ECR) 2003 Standards Diploma pathway Advanced certificate Recording and Analysing Costs and Revenues (ECR) 2003 Standards
More informationPaper F5 ANSWERS TO EXAMPLES
September-December 2016 Examinations ACCA F5 87 Paper F5 ANSWERS TO EXAMPLES Chapter 1 ANSWER TO EXAMPLE 1 (a) Total overheads $190,000 Total labour hours A 20,000 2 = 40,000 B 25,000 1 = 25,000 C 2,000
More informationExaminations for / Semester I. /2010 Semester II
Programme BSc (Hons) Banking and International Finance BSc (Hons) Management - BATCH 2 M & L BSc (Hons) Management - BATCH 2 L & M BSc (Hons) Management -BATCH 1 G & F Cohort BBIF/09/FT BMAN/09/FT-Batch
More informationCIMA Professional Gateway Assessment
SPECIMEN Instructions to candidates CIMA Professional Gateway Assessment (CPGA) You are allowed three hours to answer this question paper. You are allowed 20 minutes reading time before the examination
More informationVIA ONLY. January 31, 2019
1301 Fifth Avenue Suite 3800 Seattle, WA 98101-2605 USA Tel +1 206 624 7940 Fax +1 206 623 3485 VIA EMAIL ONLY milliman.com Retirement System Director and Chief Investment Officer Tacoma Employees' Retirement
More informationAnswer to MTP_Intermediate_ Syllabus 2012_December 2016_Set2. Paper 10- Cost & Management Accountancy
Paper 10- Cost & Management Accountancy Page 1 of 14 Paper 10- Cost & Management Accountancy Full Marks: 100 Time allowed: 3 Hours Section A 1. Answer Question No.1 which is compulsory carrying 5 Marks
More informationModule Documentation
Module Documentation ACCT08017 Performance Management & Decision-Making Contents of this document are copyright of Galway Mayo Institute of Technology Page 1 of 5 ACCT08017 Performance Management & Decision-Making
More informationLU4: Accounting for Overhead
LU4: Accounting for Overhead Contents Introduction Applied manufacturing overheads Allocation of manufacturing overheads Learning objectives Define overhead costs Distinguish between manufacturing and
More informationExaminations for Academic Year Semester I / Academic Year 2015 Semester II. 1. This question paper consists of Section A and Section B.
PROGRAMME COHORT BSc (Hons) Human Resource Management BSc (Hons) Management BHRM/14B/FT BMAN/15A/FT B1, B2 Examinations for Academic Year 2015 2016 Semester I / Academic Year 2015 Semester II MODULE: COST
More informationVIA ONLY. February 6, 2017
1301 Fifth Avenue Suite 3800 Seattle, WA 98101-2605 USA Tel +1 206 624 7940 Fax +1 206 623 3485 VIA EMAIL ONLY milliman.com Mr. Timothy Allen Retirement System Director and Chief Investment Officer Tacoma
More informationAnswer FOUR questions: THREE from Section A and ONE from Section B
UNIVERSITY OF EAST ANGLIA Norwich Business School Main Series UG Examination 2016-17 MANAGEMENT ACCOUNTING NBS-5007Y Time allowed: 3 hours Answer FOUR questions: THREE from Section A and ONE from Section
More informationTHE PUBLIC ACCOUNTANTS EXAMINATION COUNCIL OF MALAWI 2014 EXAMINATIONS ACCOUNTING TECHNICIAN PROGRAMME PAPER TC9: COSTING AND BUDGETARY CONTROL
EXAMINATION NO. THE PUBLIC ACCOUNTANTS EXAMINATION COUNCIL OF MALAWI 2014 EXAMINATIONS ACCOUNTING TECHNICIAN PROGRAMME PAPER TC9: COSTING AND BUDGETARY CONTROL MONDAY 2 JUNE 2014 TIME ALLOWED: 3 HOURS
More informationHIGH-LOW METHOD. Key Terms and Concepts to Know
HIGH-LOW METHOD Key Terms and Concepts to Know Variable, Fixed and Mixed Costs Many costs are clearly variable, such as direct labor and direct materials, or clearly fixed, such as rent and salaries. Other
More informationICAN MI (COSTING) WEEK 1 TOPICS: INTRODUCTION TO COSTING SUGGESTED SOLUTIONS
KINDLY REFER TO CHAPTER 1 OF THE COMPREHENSIVE LECTURES TO READ UP THE TOPIC BEFORE YOU ATTEMPT THE QUESTIONS BELOW FOR PROPER UNDERSTANDING AS THE TOPIC HAS BEEN DISCUSSED IN THE SAID VIDEO LECTURES.
More informationMANAGEMENT ACCOUNTING ASPECTS 4 MAA41-2
Department of Commercial Accounting MANAGEMENT ACCOUNTING ASPECTS 4 MAA41-2 LAST ASSESSMENT OPPORTUNITY 25 November 2016 Time: 3 hours Marks: 100 Assessor: Internal Moderator: External Moderator: MR K
More informationTime: 3 hours Max. Marks: 70. PART B (Answer all five units, 5 X 10 = 50 Marks) UNIT I
Code: 13A52501 R13 B.Tech III Year II Semester (R13) Regular & Supplementary Examinations May/June 2017 (Common to ME, ECE and EIE) Time: 3 hours Max. Marks: 70 PART A (Compulsory Question) 1 Answer the
More informationTEACHING LESSON PLAN- B.Com (Regular) 4 th Semester
TEACHING LESSON PLAN- B.Com (Regular) 4 th Semester SUBJECT: C 5MC40: COST ACCOUNTING MODULE : BASIC CONCEPTS AND CLASSIFICATION 4 Hours a) Meaning of Cost Accounting, Costing, Cost Accountancy, Cost Management
More informationFEEDBACK TUTORIAL LETTER 1ST SEMESTER 2017 ASSIGNMENT 2 QUANTITATIVE METHODS [QTM511S]
FEEDBACK TUTORIAL LETTER 1ST SEMESTER 017 ASSIGNMENT [] 1 COURSE: COURSE CODE: FEEDBACK TUTORIAL LETTER: 05/017 DATE: 05/ 017 Dear Student Congratulations on the successful completion of your first assignment
More informationAccounting for Non-Financial Managers, 4e Table of Contents
Accounting for Non-Financial Managers, 4e Table of Contents Chapter 1 Accounting: Who Needs It? The Marketing Manager s Proposal The Human Resources Manager s Situation The Production Manager s Dilemma
More informationMATH 141 (Extra Practice 1)
MATH 141 (Extra Practice 1) 1. If matrices A = w 0.5 3 2 values of y and w? and B = 4 1 y 2 are inverses of each other, what are the 2. The company that produces a toothpaste has a fixed costs of $5000.
More informationExaminations for Academic Year 2017 Semester I / Academic Year 2016/2017 Semester II
Programme BSc (Hons) Human Resource Management BSc (Hons) Management (L+G+F+M) Diploma in Procurement and Supply Management COHORT BHRM/12B/13B/14B/ 15A/16A/15B/FT/PT BMANG/F/L/M/12B/13A/ 13B/14A/14B/15A/15B/1
More informationST. JOSEPH S COLLEGE OF COMMERCE
ST. JOSEPH S COLLEGE OF COMMERCE (AUTONOMOUS) LESSON PLAN 207-208 EVEN SEMESTER B.Com - Travel and Tourism C2 5 MC 40 Cost Accounting TEACHING LESSON PLAN- B.Com (Travel and Tourism) 4 th Semester SUBJECT:
More informationExamination information
ECS2602/103/3/2018 Tutorial Letter 103/3/2018 Macroeconomics ECS2602 Semesters 1 & 2 Department of Economics Examination information How to answer macroeconomics questions Comments on the Oct/Nov 2015
More informationThe budgeted information on the two business opportunities that Green Bush records are currently considering investing in is as follows:
ICB Cost and Management Accounting Playlist Handbook SECTION A: REVISION VIDEO QUESTIONS Break-even analysis The budgeted information on the two business opportunities that Green Bush records are currently
More informationYORK UNIVERSITY School of Administrative Studies. AP/ADMS Section A Summer 2013 Mid-Term Examination, Sunday, July 7 th, 12 noon 3 pm
LAST NAME FIRST NAME STUDENT NUMBER - - SIGN IN # YORK UNIVERSITY School of Administrative Studies AP/ADMS 2510 3.0 Section A Summer 2013 Mid-Term Examination, Sunday, July 7 th, 12 noon 3 pm Instructions:
More informationFEEDBACK TUTORIAL LETTER ASSIGNMENT 2 SECOND SEMESTER 2018 MANAGERIAL FINANCE 4B [MAF412S]
FEEDBACK TUTORIAL LETTER ASSIGNMENT 2 SECOND SEMESTER 2018 MANAGERIAL FINANCE 4B [MAF412S] 1 MANAGERIAL FINANCE 4B Assignment 2 Feedback Dear Student, FEEDBACK TO ASSIGNMENT AND GUIDELINE TO THE EXAMINATION
More informationModule Title: Advanced Management Accounting 1
CORK INSTITUTE OF TECHNOLOGY INSTITIÚID TEICNEOLAÍOCHTA CHORCAÍ Semester 1 Examinations 2009/10 Module Title: Advanced Management Accounting 1 Module Code: ACCT7001 School: Business Studies (Department
More informationFINAL CA May 2018 ADVANCED MANAGEMENT ACCOUNTING
compulsory. Question 1 FINAL CA May 2018 ADVANCED MANAGEMENT ACCOUNTING Test Code F33 Branch: MULTIPLE Date: 14.01.2018 Note: (a) (i) Statement Showing Profitability of Product A & B (50 Marks) All questions
More informationManagement Accounting
Management Accounting Level 3 Model Answers Series 3 2008 (Code 3023) 1 ASE 3023 2 06 1 3023/2/06 >f0t@w9w2`?[i]bkbw5k# Management Accounting Level 3 Series 3 2008 How to use this booklet Model Answers
More informationTHE MOMBASA POLYTECHNIC UNIVERSITY COLLEGE
THE MOMBASA POLYTECHNIC UNIVERSITY COLLEGE Faculty of Business & Social Studies DEPARTMENT OF BUSINESS STUDIES BACHELOR OF BUSINESS ADMINISTRATION HBC 2117: COST ACCOUNTING BBA 2 ND YEAR 1 ST SEMESTER
More informationCapital investment decisions: 1
Capital investment decisions: 1 Solutions to Chapter 13 questions Question 13.24 (i) Net present values: Year 0% 10% 20% NPV Discount NPV Discount NPV ( ) Factor ( ) Factor ( ) 0 (142 700) 1 000 (142 700)
More informationTutorial letter 202/2/2015
CLA1503/202/2/2015 Tutorial letter 202/2/2015 Commercial Law 1C CLA1503 Semester 2 Department of Mercantile Law IMPORTANT INFORMATION: This tutorial letter contains important information about your assignment.
More informationABSA 205: Cost and Management Accounting I. Tutorial Exercises. Christos Minas PhD (Cand), FAIA, MSc, BA
ABSA 205: Cost and Management Accounting I Tutorial Exercises Christos Minas PhD (Cand), FAIA, MSc, BA SUBJECT OUTLINE Objectives of the subject The aims of this course are to develop the students understanding
More informationECS2603. Tutorial Letter 201/2/2014. South African Economic Indicators. Semester 2. Department of Economics ECS2603/201/2/2014
ECS2603/201/2/2014 Tutorial Letter 201/2/2014 South African Economic Indicators ECS2603 Semester 2 Department of Economics IMPORTANT INFORMATION: This tutorial letter contains important information about
More informationTHE HONG KONG POLYTECHNIC UNIVERSITY HONG KONG COMMUNITY COLLEGE
THE HONG KONG POLYTECHNIC UNIVERSITY HONG KONG COMMUNITY COLLEGE Subject Title : Cost Accounting Subject Code : CCN2111 Session : Semester Two, 2017/18 Numerical answers Question B1 (a) The company's DL
More informationGross profit Less: Management & administration (includes R depreciation) Net profit
QUESTION 1 MULTIPLE CHOICE QUESTIONS SOUCE: EXAM (2007) 1. Participative budgeting offers which of the following advantages? A. It helps to motivate employees, which may lead to higher levels of employee
More informationIntroduction. Purpose. Student Introductions. Objectives (Continued) Objectives
Introduction Instructor and student introductions Module overview Borrowing Basics 1 Borrowing Basics 2 Your name Student Introductions Expectations, questions, and concerns about borrowing money Purpose
More informationSUGGESTED SOLUTIONS/ ANSWERS WINTER 2018 EXAMINATIONS 1 of 7 MANAGEMENT ACCOUNTING [M5] MANAGERIAL LEVEL-2 MARKS
SUGGESTED SOLUTIONS/ ANSWERS WINTER 2018 EXAMINATIONS 1 of 7 Question No. 2 (a) (i) Daily Break-even Volume in Lunches and Dinners: Contribution Margin on Lunches and Dinners: Variable cost percentage
More informationCost Accounting. Level 3. Model Answers. Series (Code 3616) 1 ASE /2/06
Cost Accounting Level 3 Model Answers Series 2 2006 (Code 3616) 1 ASE 3016 2 06 3 3616/2/06 >f0t@w?h2`?[6zbk0j3d# Certificate in Cost Accounting Level 3 - Malaysia Series 2 2006 How to use this booklet
More informationP2 Performance Management May 2013 examination
Management Level Paper P2 Performance Management May 2013 examination Examiner s Answers Note: Some of the answers that follow are fuller and more comprehensive than would be expected from a well-prepared
More informationCS Executive Programme Module - I December Paper - 2 : Cost and Management Accounting
ISBN : 978-93-5034-747-8 Solved Scanner Appendix CS Executive Programme Module - I December - 2013 Paper - 2 : Cost and Management Accounting Chapter - 1 : Introduction to Cost and Management Accounting
More informationSchool of Business & Enterprise. Module Code: ACCT08009 ACCOUNTING & FINANCE. Date: 19 June 2017 Time:
School of Business & Enterprise Paisley Campus Session 2016-17 Resit Paper Module Code: ACCT08009 ACCOUNTING & FINANCE Date: 19 June 2017 Time: 0900-1100 EXAM PAPER HAS TWO SECTIONS: A AND B Answer Questions
More informationMAC2601 EXAM PACK. Together We Pass EXAM REVISION PACK Written by Class of 2015
MAC2601 EXAM PACK EXAM REVISION PACK 2015 Written by Class of 2015 Together We Pass www.togetherwepass.co.za info@togetherwepass.co.za headtutor@togetherwepass.co.za Tel: 021 958 2567 Welcome If you are
More informationModule 3 Introduction
Module 3 Introduction Module 3 Introduction This module is designed to further enhance knowledge about management accounting techniques. In particular, the student is introduced to the role of budgeting,
More informationAnswer FOUR questions: THREE from Section A and ONE from Section B
UNIVERSITY OF EAST ANGLIA Norwich Business School Main Series UG Examination 2015-16 MANAGEMENT ACCOUNTING NBS-5007Y Time allowed: 3 hours Answer FOUR questions: THREE from Section A and ONE from Section
More informationTotal number of questions : 8 Total number of printed pages : 8
Roll No Time allowed : 3 hours : 1 : Maximum marks : 100 Total number of questions : 8 Total number of printed pages : 8 NOTE : All working notes should be shown distinctly. PART A (Answer Question No.1
More informationSection 9.1 Solving Linear Inequalities
Section 9.1 Solving Linear Inequalities We know that a linear equation in x can be expressed as ax + b = 0. A linear inequality in x can be written in one of the following forms: ax + b < 0, ax + b 0,
More information1. Personal Details and Academic History Compulsory
Registration form for ICB Face to Face Courses PLEASE NOTE: CATEGORY 1 TO 4 MUST BE COMPLETED BY ALL STUDENTS. 1. Personal Details and Academic History Compulsory Mr Mrs Miss Ms Other Initials Surname
More information