Date: Duration: Total marks:
|
|
- Morgan Copeland
- 5 years ago
- Views:
Transcription
1 POLYTECHNIC OF NAMIBIA SCHOOL OF MANAGEMENT SCIENCES DEPARTMENT: ACCOUNTING, ECONOMICS & FINANCE BACHELOR OF ACCOUNTING COST & MANAGEMENT ACCOUNTING 201 (CMA 611 S) FIRST OPPORTUNITY EXAMINATION QUESTION PAPER Date: Duration: Total marks: JUNE HOURS 80 INSTRUCTIONS I NOTES 1. This examination is made up of Five (5) questions 2. Answer ALL the questions and in ink 3. Start each question on a new page in your answer booklet & show all your workings 4. Questions relating to this paper may be raised in the initial 30 minutes after the start of the paper. Thereafter, candidates must use their initiative to deal with any perceived error or ambiguities & any assumption made by the candidate should be clearly stated. 5. This paper consists of 8 pages including the cover page EXAMINERS: E. Kangootui and G. Sheehama MODERATOR: K. Boamah 1
2 Question 1 (20 marks) Answer this question ON the Answer Sheet on Page 7 of this question paper. Each of the following questions ( ) has only ONE correct answer. Draw a cross (X) OVER the letter which, in your opinion, represents the correct answer. Note that each question counts 2 marks. Put the completed Answer Sheet IN your examination script and submit them together An organization manufactures a single product which has a variable cost of N$36 per unit. The organization's total weekly fixed costs are N$ and it has a contribution to sales ratio of 40%. This week it plans to manufacture and sell 5000 units. What is the organization's margin of safety this week (in units)? A B C D A company has established a budgeted sales revenue for the forthcoming period of N$ with an associated contribution of N$ Fixed production costs are N$ and Fixed selling costs are N$ What is the break-even point in sales value? A. N$ B. N$ C. N$ D. N$ A company uses process costing to value its output. The following was recorded for the period: Input materials 2000 units at N$4.50 per unit Conversion costs N$ Normal Loss Actual Loss 5% of input valued at N$3 per unit 150 units There was no opening or closing inventory. What was the valuation of one unit of output rounded off to the nearest one decimal place? 2
3 A. N$11.8 B. N$11.6 C. N$11.2 D. N$ Two products 0JV and X) are created from a joint process. Both products can be sold immediately after split-off. There are no opening inventories or work in progress. The following information is available for the last period. Total joint costs N$ Products Production units Sales units Selling price per unit w X N$10 N$12 Using the sales value method of apportioning joint production costs, what was the value of the closing inventory of product X for last period? A. N$ B. N$ C. N$ D. N$ In a period, opening inventory were units and closing inventory units. The profit based on marginal costing was N$ and profit using absorption costing was N$ What is the fixed overhead absorption rate per unit (to the nearest two decimal places)? A. N$4.00 B. N$4.27 C. N$4.77 D. N$ XWZ Ltd produces a single product. The management currently uses marginal costing but is considering using absorption costing in the future. The budgeted fixed production overheads for the period are N$ The budgeted output for the period is 2000 units. There were 800 units of opening inventory at the beginning of the period and 500 units of closing inventory at the end of the period. If absorption costing principles were applied, the profit for the period compared to the marginal costing profit would be: 3
4 A N$ higher B. N$ lower C. N$ higher D. N$ lower 1.7. In relation to contract costing, work certified represents: A B C D E The amount of work that has been paid for by the client The amount it has cost the contractor in terms of material, labour and overheads The amount of work that has been agreed as being complete, certified by the architect The amount of work that is needed to bring the contract to completion. The amount that is still outstanding to be paid by the customer (client) The following statement is NOT true: A B C D E A job order costing system is used by repair shops. A process costing system is used in the manufacturing of a large quantity of similar products. A contract costing system is used in the building industry. A manufacturer of paper clips will use a job order costing system. A process costing system is used in the motor assembly industry A firm uses a job order costing system. Direct material, which was previously issued to the factory for use on a particular job, has been returned to the storeroom. The entry to be made for these returns would be as follows: A B C D E Debit Material control account and credit Factory overheads account Debit Material control account and credit Work-in-process account Debit Creditors control account and credit Factory overheads account Debit Creditors control account and credit Work-in-process account. Debit Creditors control account and credit Material control account When ascertaining the profit made on an incomplete long-term contract: A B C D E We should wait until the contract has been completed before we recognise any profit. We should recognise all profits once the contract has been agreed upon. We should recognise profits in proportion to the amount of work that has been done. The architect will prescribe the amount of profit to be recognised on the contract. None of the above. 4
5 Question 2 (15 Marks) Mr Wiseman pays golf and country clubs in the Eastern Cape a flat fee of N$5 000 a month for the right to retrieve all the stray golf balls from club's lakes and ponds. He then cleans the balls and grades them as to quality- birdie, bogey, or duffer. The golf balls are then sold to sports shops for the following amounts (per golf ball): Birdie: N$50 Bogey: N$40 Duffer: N$30 During March 2014, Mr Wiseman paid N$ to various golf and country clubs for the right to retrieve stray golf balls. He managed to retrieve the following quantities of golf balls: Birdie: Bogey: Duffer: In early April 2014, Mr Wiseman was approached by a local golf club who offered to pay him N$50 per ball for all the bogey balls he could retrieve. However, the balls needed to be painted with a distinctive stripe. Mr Wiseman estimates that painting the stripe would cost an additional N$7.50 per dozen balls. Required: 2.1 Determine the gross profit or loss for each type of golf balls for March 2014, using the Sales value at split off method to allocate joint costs. (9 marks) 2.2 Determine the cost of each type of the golf balls (3 Marks) 2.3 Should Mr Wiseman accept the offer for the special bogey balls from the local golf club? Motivate your answer by means of calculations to justify your suggestion. (3 Marks) 5
6 Question 3 (18 Marks) A chemical compound is made by raw material being processed through two processes X and Y. The following information has been provided to you as their cost accountant; Process X Process Y Normal loss of input 2.5% 5% Scrap value (per unit) N$3.00 N$4.00 Output (units) N$ N$ Direct Material ( units) Direct material added in process Direct wages Direct expenses Production overhead is estimated to be 250% of direct wages. Required: Calculate the value of the following: 3.1 Cost per one good unit in process X (6marks) 3.2 Cost per one good unit in process Y (6 Marks) 3.2 The value of any Abnormal Losses or Gain from the production in both processes. (6 Marks) Question 4 (15 Marks) Lazy Cat Ltd makes a product with a variable production cost of N$16 per unit and variable selling costs of N$4 per unit. Fixed cost are N$ per annum, the selling price per unit is N$36, and the current volume of units produced and sold is units per annum. The Company is considering whether to hire a new machine that is expected to reduce the variable production cost per unit by 25%. This would cost the company N$ annually in hiring fees. Required Advice management whether they should hire the new machine or not by clearly showing an increase or decrease in Net income I Loss. 6
7 Question 5 (12 marks) A firm uses a job costing system and keeps only one set of books for their cost accounts and financial accounts. On 1 March the job cost sheets showed the following particulars: Balance b/d Job A N$1 060 Job B N$1 880 Transactions during March: Direct material purchased on credit Factory overheads paid by cheque Requisitions for direct material were as follows: Job A Job B Labour cost on job cards were as follows: Job A Job B N$1 500 N$ 100 N$ 140 N$ 100 N$ 20 N$ 85 Factory overheads are applied at a predetermined rate of 80% of direct labour cost. Job A was completed during March and sold on credit for an amount of N$ Selling and distribution costs paid: N$34 Required: 5.1 Show the work in process account for Job A in the ledger of the firm. 5.2 Determine the value of work in process at 31 March. 5.3 Compute the amount of factory overheads under/over absorbed for March. (5 Marks) (3 Marks) (4 Marks) 7
8 , COST & MANAGEMENT ACCOUNTING 201 (CMA512S) June 2014 QUESTION 1: ANSWER SHEET STUDENT NUMBER: u u D u D u u D u D EJ u D u D D u D u u D u D D u D L:J u D u D D u D u D D u D D D 8
COURSE NAME: BUSINESS ACCOUNTING lb PAPER: THEORY
nnmibin UI'IIVERSITY OF SCIENCE nnd TECHNOLOGY FACULTY OF MANAGEMENT SCIENCES DEPARTMENT OF ACCOUNTING, ECONOMICS AND FINANCE QUALIFICATION: VARIOUS PROGRAMMES QUALIFICATION CODE: VARIOUS LEVEL: 5 COURSE
More informationPWN! I'IFIITIIBIR UITIVERSITY. Sheehama, K.G.H. QUALIFICATION: COMMERCIAL ADVANCED TRAINING SCHEME (CATS) QUALIFICATION CODE: VARIOUS LEVEL: 5
.. v I, I I. r 1... I. IIFIITIIBIR UITIVERSITY 0F SCIEIICE FIIID TECHI IOLOGY CENTRE FOR ENTREPRENEURIAL DEVELOPMENT QUALIFICATION: COMMERCIAL ADVANCED TRAINING SCHEME (CATS) QUALIFICATION CODE: VARIOUS
More informationPOLYTECHNIC OF NAMIBIA SCHOOL OF MANAGEMENT SCIENCES BACHELOR OF ACCOUNTING. MANAGEMENT ACCOUNTING 301/310 (PMA 711 SiGMA 711 S) SECOND OPPORTUNITY
POLYTECHNIC OF NAMIBIA SCHOOL OF MANAGEMENT SCIENCES DEPARTMENT: ACCOUNTING, ECONOMICS & FINANCE BACHELOR OF ACCOUNTING MANAGEMENT ACCOUNTING 301/310 (PMA 711 SiGMA 711 S) SECOND OPPORTUNITY EXAMINATION
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 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 informationnamibia UniVERSITY OF SCIEnCE AnD TECHnOLOGY FACULTY OF MANAGEMENT SCIENCES DEPARTMENT OF ACCOUNTING, ECONOMICS & FINANCE
namibia UniVERSITY OF SCIEnCE AnD TECHnOLOGY FACULTY OF MANAGEMENT SCIENCES DEPARTMENT OF ACCOUNTING, ECONOMICS & FINANCE QUALIFICATION: BACHELOR OF ECONOMICS AND BACHELOR OF BUSINESS ADMINISTRATION QUALIFICATION
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 informationPOLYTECHNIC OF NAMIBIA
POLYTECHNIC OF NAMIBIA SCHOOL OF MANAGEMENT SCIENCES DEPARTMENT: ACCOUNTING, ECONOMICS & FINANCE BACHELOR OF ACCOUNTING FINANCIAL ACCOUNTING 102 (FAC 512S) SECOND OPPORTUNITY EXAMINATION QUESTION PAPER
More information322 Roll No : 1 : Time allowed : 3 hours Maximum marks : 100
2/2013/CMA (N/S) Roll No : 1 : Time allowed : 3 hours Maximum marks : 100 Total number of questions : 6 Total number of printed pages : 7 NOTE : 1. Answer ALL Questions. 2. All working notes should be
More informationAnalysing cost and revenues
Osborne Books Tutor Zone Analysing cost and revenues Chapter activities answers Osborne Books Limited, 2013 2 a n a l y s i n g c o s t s a n d r e v e n u e s t u t o r z o n e 1 An introduction to cost
More informationAnalysing cost and revenues
Osborne Books Tutor Zone Analysing cost and revenues Chapter activities Osborne Books Limited, 2013 2 a n a l y s i n g c o s t s a n d r e v e n u e s t u t o r z o n e 1 An introduction to cost accounting
More informationCost Accounting. Level 3. Model Answers. Series (Code 3016)
Cost Accounting Level 3 Model Answers Series 2 2008 (Code 3016) Vision Statement Our vision is to contribute to the achievements of learners around the world by providing integrated assessment and learning
More informationCambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level
Cambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level ACCOUNTING 9706/21 Paper 2 Structured Questions October/November 2017 1 hour 30 minutes Candidates answer
More informationINSTITUTE OF CHARTERED ACCOUNTANTS OF NIGERIA MANAGEMENT INFORMATION (COSTING) COSTING/PRICING: (a) Classify costs for different purposes including
INSTITUTE OF CHARTERED ACCOUNTANTS OF NIGERIA MANAGEMENT INFORMATION (COSTING) COSTING/PRICING: (a) Classify costs for different purposes including identifying fixed and variable, product and period, direct
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 informationLCCI International Qualifications. Cost Accounting Level 3. Model Answers Series (3017)
LCCI International Qualifications Cost Accounting Level 3 Model Answers Series 2 2012 (3017) For further information contact us: Tel. +44 (0) 8707 202909 Email. enquiries@ediplc.com www.lcci.org.uk Cost
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 informationGRADE 11 NOVEMBER 2012 ACCOUNTING ANSWER BOOK
Surname and Name: Province of the EASTERN CAPE EDUCATION NATIONAL SENIOR CERTIFICATE GRADE 11 NOVEMBER 2012 ACCOUNTING ANSWER BOOK QUESTION MAX. MARKS 1 105 2 5 3 5 30 5 35 6 0 TOTAL 300 MARKS OBTAINED
More informationCost Accounting. Level 3. Model Answers. Series (Code 3016) 1 ASE /2/06
Cost Accounting Level 3 Model Answers Series 2 2006 (Code 3016) 1 ASE 3016 2 06 1 3016/2/06 >f0t@w9w2`?[6zbkbwgc# Cost Accounting Level 3 Series 2 2006 How to use this booklet Model Answers have been developed
More informationPaper 8- Cost Accounting
Paper 8- Cost Accounting Dos, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 8- Cost Accounting Full Marks : 100 Time allowed: 3 hours Section A Question
More informationAnswer to PTP_Intermediate_Syllabus 2008_Jun2015_Set 1
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 informationNational Quali cations
National Quali cations AH208 X700/77/ Accounting FRIDAY, 25 MAY 9:00 AM :30 AM Total marks 40 SECTION 20 marks Attempt ALL questions. SECTION 2 20 marks Attempt EITHER question 4 OR question 5. You may
More informationCambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level
Cambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level ACCOUNTING 9706/22 Paper 2 Structured Questions May/June 2016 1 hour 30 minutes Candidates answer on
More informationCost Accounting. Level 3. Model Answers. Series (Code 3016)
Cost Accounting Level 3 Model Answers Series 4 2005 (Code 3016) Vision Statement Our vision is to contribute to the achievements of learners around the world by providing integrated assessment and learning
More informationMONDAY, 18 MAY 9.00 AM AM
X209/12/01 NATIONAL QUALIFICATIONS 2015 MONDAY, 18 MAY 9.00 AM 11.30 AM ACCOUNTING HIGHER Candidates should attempt six questions in total, as follows. Section A Question 1 and Question 2 or 3 and Question
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 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 informationCost Accounting. Level 3. Model Answers. Series (Code 3016) 1 ASE /2/06
Cost Accounting Level 3 Model Answers Series 3 2007 (Code 3016) 1 ASE 3016 2 06 1 3016/2/06 >f0t@w9w2`?[6zbkbwgc# Cost Accounting Level 3 Series 3 2007 How to use this booklet Model Answers have been developed
More informationMOCK EXAMINATION PRINCIPLES OF ACCOUNTS A-LEVEL PAPER 2
HONG KONG ASSOCIATION FOR BUSINESS EDUCATION HONG KONG INSTITUTE OF VOCATIONAL EDUCATION (CHAI WAN & TUEN MUN) HONG KONG ADVANCED LEVEL EXAMINATION 2009 MOCK EXAMINATION PRINCIPLES OF ACCOUNTS A-LEVEL
More informationFACULTY OF MANAGEMENT SCIENCES
FACULTY OF MANAGEMENT SCIENCES DEPARTMENT: ACCOUNTING, ECONOMICS AND FINANCE QUALIFICATION: Bachelor of Accounting QUALIFICATION CODE: 07BACC LEVEL: 7 COURSE: COMPUTERISED ACCOUNTING 301 DATE: NOVEMBER
More informationInstitute of Certified Management Accountants of Sri Lanka
Copyright Reserved Serial No Foundation Level Pilot Paper Instructions to Candidates 1. Time allowed is two (2) hours. 2. Total 100 Marks. 3. Answer all questions. 4. Encircle the number of your choice
More informationCambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level
*5783442697* Cambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level ACCOUNTING 9706/11 Paper 1 Multiple Choice May/June 2017 Additional Materials: Multiple
More informationSYMBIOSIS CENTRE FOR DISTANCE LEARNING (SCDL) Subject: Management Accounting
Sample Questions: Section I: Subjective Questions 1. How does Subsidiary Book help in accounting process? Which subsidiary books are used very frequently? 2. Differentiate between the liabilities and assets.
More informationSUGGESTED SOLUTION IPCC NOVEMBER 2018 EXAM. Test Code -
SUGGESTED SOLUTION IPCC NOVEMBER 2018 EXAM COSTING Test Code - BRANCH - (MUMBAI-2 (DB) (Date : 01.07.2018) Head Office : Shraddha, 3 rd Floor, Near Chinai College, Andheri (E), Mumbai 69. Tel : (022) 26836666
More informationSECTION I 14,000 14,200 19,170 10,000 8,000 10,400 12,400 9,600 8,400 11,200 13,600 18,320
QUESTION ONE SECTION I The following budget and actual results relates to Cypo Ltd. for the last three quarters for the year ended 31 March 200. Budget: Quarter 2 Quarter 3 Quarter to 30/9/2003 to 31/12/2003
More information(50) BASIC ACCOUNTING
All Rights Reserved Time: 03 hours THE ASSOCIATION OF ACCOUNTING TECHNICIANS OF SRI LANKA Instructions to candidates FOUNDATION EXAMINATION - JANUARY 2013 (50) BASIC ACCOUNTING (1) This paper consists
More informationUNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Subsidiary Level and Advanced Level
*6400958462* UNIVERSITY OF MRIGE INTERNTIONL EXMINTIONS General ertificate of Education dvanced Subsidiary Level and dvanced Level OUNTING 9706/11 Paper 1 Multiple hoice May/June 2010 1 hour dditional
More informationACCOUNTING PAPER I. 1. This paper consists of 9 pages. Please check that your question paper is complete.
GRADE 11 EXAMINATION NOVEMBER ACCOUNTING PAPER I Time: 2 hours 200 marks PLEASE READ THE FOLLOWING INSTRUCTIONS CAREFULLY 1. This paper consists of 9 pages. Please check that your question paper is complete.
More informationl'lrl'fliblfi UNIVERSITY
2 l'lrl'fliblfi UNIVERSITY OF SClEl lce arm TECHNOLOGY FACULTY OF MANAGEMENT SCIENCES DEPARTMENT: ACCOUNTING, ECONOMICS AND FINANCE QUALIFICATION: Bachelor of Accounting QUALIFICATION CODE: OYBOAC LEVEL:
More informationManagement Accounting Level 3
LCCI International Qualifications Management Accounting Level 3 Model Answers Series 4 2008 (3023) For further information contact us: Tel. +44 (0) 8707 202909 Email. enquiries@ediplc.com www.lcci.org.uk
More informationSERIES 4 EXAMINATION 2005 COST ACCOUNTING LEVEL 3. (Code No: 3016) FRIDAY 11 NOVEMBER
SERIES 4 EXAMINATION 2005 COST ACCOUNTING LEVEL 3 (Code No: 3016) FRIDAY 11 NOVEMBER Instructions to Candidates (a) (b) (c) (d) (e) (f) (g) (h) The time allowed for this examination is 3 hours. Answer
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 informationManagement Accounting
>f0t@wjy2[2`5k2[2h# Management Accounting Level 3 Series 2 2003 (Code 3023) Model Answers ASP M 1445 Management Accounting Level 3 Series 2 2003 How to use this booklet Model Answers have been developed
More informationCOMMERCE & LAW PROGRAM DIVISION (CLPD) ANSWER KEY TO CS-EXECUTIVE DECEMBER-2014 (ATTEMPT) CODE-C SUBJECT : COST & MANAGEMENT ACCOUNTING
COMMERCE & LAW PROGRAM DIVISION (CLPD) ANSWER KEY TO CS-EXECUTIVE DECEMBER-2014 (ATTEMPT) CODE-C SUBJECT : COST & MANAGEMENT ACCOUNTING 1. If the minimum stock level and average stock level of raw material
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 informationUNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Subsidiary Level and Advanced Level ACCOUNTING
Centre Number Candidate Number Name UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Subsidiary Level and Advanced Level ACCOUNTING 9706/02 Paper 2 Structured
More informationCambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level
*8386255606* ambridge International Examinations ambridge International dvanced Subsidiary and dvanced Level OUNTING 9706/13 Paper 1 Multiple hoice May/June 2015 dditional Materials: Multiple hoice nswer
More informationPOLYTECHNIC OF NAMIBIA FIRST OPPORTUNITY
POLYTECHNIC OF NAMIBIA SCHOOL OF MANAGEMENT SCIENCES DEPARTMENT: ACCOUNTING, ECONOMICS & FINANCE BACHELOR OF ACCOUNTING FINANCIAL ACCOUNTING 102 (FAC 5125) FIRST OPPORTUNITY EXAMINATION QUESTION PAPER
More informationSUGGESTED SOLUTION INTERMEDIATE M 19 EXAM
SUGGESTED SOLUTION INTERMEDIATE M 19 EXAM SUBJECT- COSTING Test Code - PIN 5043 M BRANCH - () (Date :) Head Office : Shraddha, 3 rd Floor, Near Chinai College, Andheri (E), Mumbai 69. Tel : (022) 26836666
More informationCOST ACCOUNTING INTERVIEW QUESTIONS
www.globalcma.in Learning Platform for Cost Accountants (CMA) Explain cost sheet? Cost Sheet is a periodical statement of cost designed to show in detail the various elements of cost of goods produced
More informationAnalysing costs and revenues
Osborne Books Tutor Zone Analysing costs and revenues Practice assessment 1 Osborne Books Limited, 2013 2 a n a l y s i n g c o s t s a n d r e v e n u e s t u t o r z o n e This assessment relates to
More informationFree of Cost ISBN : Appendix. CMA (CWA) Inter Gr. II (Solution upto Dec & Questions of June 2013 included)
Free of Cost ISBN : 978-93-5034-631-0 Appendix CMA (CWA) Inter Gr. II (Solution upto Dec. 2012 & Questions of June 2013 included) Paper - 8 : Cost and Management Accounting Chapter - 3 : Labour Accounting
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 informationWrite your answers in blue or black ink/ballpoint. Pencil may be used only for graphs, charts, diagrams, etc.
Series 2 Examination 2008 COST ACCOUNTING Level 3 Tuesday 27 May Subject Code: 3616/M Time allowed: 3 hours INSTRUCTIONS FOR CANDIDATES Answer 5 questions. All questions carry equal marks. Write your answers
More informationInstitute of Certified Bookkeepers
Institute of Certified Bookkeepers Level III Diploma in Costing and Budgeting Introduction: Financial Accounting is the reporting of financial information to users of Financial Statements both internal
More informationLCCI International Qualifications. Cost Accounting Level 3. Model Answers Series (3017)
LCCI International Qualifications Cost Accounting Level 3 Model Answers Series 3 2009 (3017) For further information contact us: Tel. +44 (0) 8707 202909 Email. enquiries@ediplc.com www.lcci.org.uk Cost
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 informationDO NOT OPEN THIS QUESTION PAPER UNTIL YOU ARE TOLD TO DO SO. Performance Pillar. P1 Performance Operations. Wednesday 27 August 2014
DO NOT OPEN THIS QUESTION PAPER UNTIL YOU ARE TOLD TO DO SO. Performance Pillar P1 Performance Operations Instructions to candidates Wednesday 27 August 2014 You are allowed three hours to answer this
More informationUNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Subsidiary Level and Advanced Level ACCOUNTING
UNIVERSITY OF MRIGE INTERNTIONL EXMINTIONS General ertificate of Education dvanced Subsidiary Level and dvanced Level OUNTING 9706/01 Paper 1 Multiple hoice May/June 2004 dditional Materials: Multiple
More informationUNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Subsidiary Level and Advanced Level
UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Subsidiary Level and Advanced Level *7802200239* ACCOUNTING 9706/22 Paper 2 Structured Questions May/June 2012
More informationPaper T10. Managing Finances. Wednesday 16 June Certifi ed Accounting Technician Examination Advanced Level
Certifi ed Accounting Technician Examination Advanced Level Managing Finances Wednesday 16 June 2010 Time allowed Reading and planning: Writing: 15 minutes 3 hours This paper is divided into two sections:
More information5_MGT402_Spring_2010_Final_Term_Solved_paper
5_MGT402_Spring_2010_Final_Term_Solved_paper http://vustudents.ning.com Question No: 1 ( Marks: 1 ) - Please choose one BDH produced 30,500 units of Kisty (a product). Each unit of Kisty takes two units
More informationAnswer to MTP_Intermediate_Syl2016_June2018_Set 1 Paper 8- Cost Accounting
Paper 8- Cost Accounting DoS, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Cost Accounting Full Marks: 100 Time allowed: 3 hours Section- A Answer the following
More informationnam I 8 la UnIVERSITY
nam I 8 la UnIVERSITY OF SCIEnCE AnD TECHnOLOGY FACULTY OF MANAGEMENT SCIENCES DEPARTMENT OF ACCOUNTING, ECONOMICS AND FINANCE QUALIFICATION: BACHELOR OF MARKETING and BACHELOR OF ACCOUNTING QUALIFICATION
More informationUNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Subsidiary Level and Advanced Level
*2583619885* UNIVERSITY OF CMRIGE INTERNTIONL EXMINTIONS General Certificate of Education dvanced Subsidiary Level and dvanced Level CCOUNTING 9706/11 Paper 1 Multiple Choice October/November 2011 1 hour
More informationManagement Accounting
Management Accounting Level 3 Model Answers Series 2 2008 Malaysia (Code 3623) Vision Statement Our vision is to contribute to the achievements of learners around the world by providing integrated assessment
More informationFACULTY OF MANAGEMENT SCIENCES
l'lrltllblr UNIVERSITY OF SClEl'lCE nno TECHNOLOGY FACULTY OF MANAGEMENT SCIENCES DEPARTMENT: ACCOUNTING, ECONOMICS AND FINANCE QUALIFICATION: Bachelor of Accounting QUALIFICATION CODE: 07BOAC LEVEL: 7
More informationINSTRUCTIONS TO CANDIDATES
ADVANCED GCE ACCOUNTING Unit F014: Management Accounting F014 RB RESOURCE BOOKLET To be given to candidates at the start of the examination Duration: 2 hours INSTRUCTIONS TO CANDIDATES The information
More informationB.COM. Part-III (HONS.) Sub. : ADVANCE COST ACCOUNTING MODAL PAPER-I. Time Allowed: 3 Hour Max. Marks: 100
B.COM. Part-III (HONS.) Sub. : ADVANCE COST ACCOUNTING MODAL PAPER-I Time Allowed: 3 Hour Max. Marks: 100 Q1 (i) (ii) (iii) (iv) (v) (vi) (vii) (viii) (ix) (x) Answers the following questions each having
More information(AA22) COST ACCOUNTING AND REPORTING
All Rights Reserved ASSOCIATION OF ACCOUNTING TECHNICIANS OF SRI LANKA AA2 EXAMINATION - JULY 2016 (AA22) COST ACCOUNTING AND REPORTING Instructions to candidates (Please Read Carefully): (1) Time Allowed:
More informationCambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level
ambridge International Examinations ambridge International dvanced Subsidiary and dvanced Level www.xtremepapers.com OUNTING 9706/12 Paper 1 Multiple hoice October/November 2014 1 hour *4917415577* dditional
More informationCost Accounting. Level 3. Model Answers. Series (Code 3016)
Cost Accounting Level 3 Model Answers Series 4 2007 (Code 3016) Vision Statement Our vision is to contribute to the achievements of learners around the world by providing integrated assessment and learning
More informationIntermediate Financial and Management Accounting
Intermediate Financial and Management Accounting Course map This document outlines the course structure. ACCA: FA2-MA2.X Intermediate Financial and Management Accounting Intermediate course orientation
More informationNATIONAL SENIOR CERTIFICATE GRADE 12
NATIONAL SENIOR CERTIFICATE GRADE 12 ACCOUNTING FEBRUARY/MARCH 2017 MARKS: 300 TIME: 3 hours This question paper consists of 17 pages and a 16-page answer book. Accounting 2 DBE/Feb. Mar. 2017 INSTRUCTIONS
More informationUNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Subsidiary Level and Advanced Level
*0858808304* UNIVERSITY OF MRIGE INTERNTIONL EXMINTIONS General ertificate of Education dvanced Subsidiary Level and dvanced Level OUNTING 9706/11 Paper 1 Multiple hoice October/November 2012 1 hour dditional
More informationCambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level
Cambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level ACCOUNTING 9706/22 Paper 2 Structured Questions May/June 2018 1 hour 30 minutes Candidates answer on
More informationPAPER 3 : COST ACCOUNTING AND FINANCIAL MANAGEMENT PART I : COST ACCOUNTING QUESTIONS
PAPER 3 : COST ACCOUNTING AND FINANCIAL MANAGEMENT PART I : COST ACCOUNTING QUESTIONS Material 1. The following information has been extracted from the records of a cotton merchant, for the month of March,
More informationMANAGEMENT ACCOUNTING
MANAGEMENT ACCOUNTING FORMATION 2 EXAMINATION - AUGUST 2011 NOTES: Section A - Questions 1 and 2 are compulsory. You have to answer Part A or Part B only of Question 2. (If you provide answers to both
More informationGRADE 11 NOVEMBER 2013 ACCOUNTING ANSWER BOOK
SURNAME AND NAME: NATIONAL SENIOR CERTIFICATE GRADE 11 NOVEMBER ACCOUNTING ANSWER BOOK QUESTION MAX. MARKS 1 50 2 100 3 40 4 30 5 35 6 45 TOTAL 300 MARKS OBTAINED MODERATION This answer book consists of
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 informationACCOUNTING - HIGHER LEVEL (400 marks)
M.55 ªM.55/ PRE-LEAVING CERTIFICATE EXAMINATION, 2009 ACCOUNTING - HIGHER LEVEL (400 marks) TIME : 3 HOURS This paper is divided into 3 Sections: Section 1: Financial Accounting (120 marks). This section
More informationCambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level
Cambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level ACCOUNTING 9706/12 Paper 1 Multiple Choice October/November 2017 1 hour *5624311206* Additional Materials:
More information(59) MANAGEMENT ACCOUNTING & BUSINESS FINANCE
All Rights Reserved THE ASSOCIATION OF ACCOUNTING TECHNICIANS OF SRI LANKA FINAL EXAMINATION JULY 2013 (59) MANAGEMENT ACCOUNTING & BUSINESS FINANCE Time: 03 hours Instructions to candidates: (1) This
More informationInstitute of Certified Management Accountants of Sri Lanka Operational Level May 2018 Examination
Copyright Reserved Serial No Institute of Certified Management Accountants of Sri Lanka Operational Level May 2018 Examination Examination Date : 12 th May 2018 Number of Pages : 08 Examination Time: 9.30
More informationQuestion No: 5 ( Marks: 1 ) - Please choose one Which of the following manufacturers is most likely to use a job order cost accounting system?
MGT402 Latest Solved MCQs From Current Papers 2010 By http://vustudents.ning.com Question No: 1 ( Marks: 1 ) - Please choose one If Selling price per unit Rs. 15.00; Direct Materials cost per unit Rs.
More informationLCCI International Qualifications. Cost Accounting Level 3. Model Answers Series (3017)
LCCI International Qualifications Cost Accounting Level 3 Model Answers Series 3 2010 (3017) For further information contact us: Tel. +44 (0) 8707 202909 Email. enquiries@ediplc.com www.lcci.org.uk Cost
More informationYOU MUST COMPLETE THIS ASSIGNMENT IF YOU ARE REGISTERED FOR THE FIRST OR SECOND SEMESTER.
ASSIGNMENT 03/2016, FIRST AND SECOND SEMESTER YOU MUST COMPLETE THIS ASSIGNMENT IF YOU ARE REGISTERED FOR THE FIRST OR SECOND SEMESTER. THIS ASSIGNMENT IS FOR SELF-ASSESSMENT AND SHOULD NOT BE SUBMITTED
More informationMARK SCHEME for the October/November 2014 series 9706 ACCOUNTING
CAMBRIDGE INTERNATIONAL EXAMINATIONS Cambridge International Advanced Subsidiary and Advanced Level MARK SCHEME for the October/November 2014 series 9706 ACCOUNTING 9706/22 Paper 2 (Structured Questions
More informationPaper 2- Fundamentals of Accounting
Paper 2- Fundamentals of Accounting Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 2- Fundamentals of Accounting Full Marks :100
More informationCambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level
Cambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level ACCOUNTING 9706/22 Paper 2 Structured Questions February/March 2018 1 hour 30 minutes Candidates answer
More information(50) BASIC ACCOUNTING
All Rights Reserved Time: 03 hours THE ASSOCIATION OF ACCOUNTING TECHNICIANS OF SRI LANKA Instructions to candidates FOUNDATION EXAMINATION - JANUARY 2015 (50) BASIC ACCOUNTING (1) This paper consists
More informationAnalysing financial performance
Osborne Books Tutor Zone Analysing financial performance Chapter activities Osborne Books Limited, 2013 2 a n a l y s i n g f i n a n c i a l p e r f o r m a n c e t u t o r z o n e 1 Management accounting
More informationThis paper is not to be removed from the Examination Halls
~~AC1025 ZB d0 This paper is not to be removed from the Examination Halls UNIVERSITY OF LONDON AC1025 ZB BSc degrees and Diplomas for Graduates in Economics, Management, Finance and the Social Sciences,
More informationUNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Subsidiary Level and Advanced Level
*8018806549* UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Subsidiary Level and Advanced Level ACCOUNTING 9706/02 Paper 2 Structured Questions May/June 2007
More informationSuggested Answer_Syl12_Dec2014_Paper_8 INTERMEDIATE EXAMINATION GROUP I (SYLLABUS 2012)
INTERMEDIATE EXAMINATION GROUP I (SYLLABUS 2012) SUGGESTED ANSWERS TO QUESTIONS DECEMBER 2014 Paper-8: COST ACCOUNTING AND FINANCIAL MANAGEMENT Time Allowed : 3 Hours Full Marks : 100 The figures in the
More informationCoimisiún na Scrúduithe Stáit State Examinations Commission
2017. M54 Coimisiún na Scrúduithe Stáit State Examinations Commission LEAVING CERTIFICATE EXAMINATION 2017 A C C O U N T I N G - O R D I N A R Y L E V E L (400 marks) MONDAY 19 JUNE AFTERNOON 2.00 5.00
More informationMOCK TEST PAPER 1 INTERMEDIATE (IPC): GROUP I PAPER 3: COST ACCOUNTING AND FINANCIAL MANAGEMENT PART I : COST ACCOUNTING
MOCK TEST PAPER 1 INTERMEDIATE (IPC): GROUP I Test Series: February, 2014 PAPER 3: COST ACCOUNTING AND FINANCIAL MANAGEMENT PART I : COST ACCOUNTING Question No. 1 is compulsory. Attempt any five questions
More informationManagement Accounting Level 3
LCCI International Qualifications Management Accounting Level 3 Model Answers Series 4 2011 (3024) For further information contact us: Tel. +44 (0) 8707 202909 Email. enquiries@ediplc.com www.lcci.org.uk
More informationPAPER 3 : COST ACCOUNTING AND FINANCIAL MANAGEMENT PART I : COST ACCOUNTING QUESTIONS
PAPER 3 : COST ACCOUNTING AND FINANCIAL MANAGEMENT PART I : COST ACCOUNTING QUESTIONS 1. (i) ABC Ltd. had an opening inventory value of 1760 (550 units valued at 3.20 each) on 1 st April 2010. The following
More information(AA22) COST ACCOUNTING AND REPORTING
All Rights Reserved ASSOCIATION OF ACCOUNTING TECHNICIANS OF SRI LANKA AA2 EXAMINATION - JULY 2015 (AA22) COST ACCOUNTING AND REPORTING Instructions to candidates (Please Read Carefully): (1) Time: 03
More information