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ACC203 Managerial Accounting

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Answers: Part a: In order to determine if we should or should not accept the special offer of 3D pencils, we need to check the availability of the resource which is a limiting factor. Limiting factor is the resource required for production, which is available to us in a limited quantity and has to be used wisely. In our case it is the limited availability of machine hours. In order to satisfy the demand for 750 thousand plastic pencils, we w...

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ACC200 Introduction To Management Accounting

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Answer: Purpose of Product Costing System Product costing system is a system of identifying the cost of per unit of product. It is the series of procedures to be implemented by an entity to gather information about the product costs and provide accurate unit cost information on time for planning the product price to be set, for valuation of inventory, for control, and for preparation of books of accounts and financial statements. The product co...

Read More arrow Tags: Australia Melbourne Economics Evaluating the Advocacy of CPTED University of Melbourne Masters in Business Administration 

AC502 Management Accounting

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Answers:  Current Assets: Cash                                                        52,000            &nbs...

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ACT202 Management Accounting

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Answers: Question 1 Differences between operating, investing and financing activities: Operating activities: Operating activities covers cash activities that are relating to net income. It involves transactions related to supply of goods and services to the customers and also the expenses incurred to generate revenue. These activities has the major impact on ‘income statement’ activities. Investing activities: Investin...

Read More arrow Tags: Saudi Arabia Jeddah Management Evaluating the Advocacy of CPTED University of Jeddah Accounting 

BBAC501 Management Accounting

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Answers: ABC Company Ltd. needs to sell $ 10219.04 worth of canned food in order to achieve the breakeven point. The cost behavior changes outside the relevant range of the activity mainly due to the changes in the fixed costs. In case the volume increases more amount of fixed cost will be added and as the volume reduces more fixed costs will be eliminated. For example a company is manufacturing in a plant size of 100000 square foot. In addit...

Read More arrow Tags: Australia Oakleigh Management Evaluating the Advocacy of CPTED University of New South Wales Masters in Business Administration 

ACC202 Introduction To Management Accounting

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Answers: Answer (a) Computation of Monthly Profit During Summers Particulars Amount No of Boxes      40,000.00 Sales    380,000.00 Less: Manufacturing Cost      Direct Material    160,000.00    Direct Labour      80,000.00  ...

Read More arrow Tags: Australia Beverly Park Management Evaluating the Advocacy of CPTED University of New South Wales 

CO5103 Management Accounting

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Answer Budget is a comprehensive plan which helps the organization to achieve financial as well as operational objective. Manager assured that resources of the organization are allocated and used effectively and efficiently to achieve the goal of the organization with the help of budget. Budget forecasting is very important for the growth of the organization. Budget can be used to evaluate manager’s performance and provide incentive in fo...

Read More arrow Tags: Australia Burwood Management Evaluating the Advocacy of CPTED University of New South Wales 

HSM 425 Managerial Accounting For Health Care Organizations

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Answer: Particular Amount ($) Sales Volume 2,00,000 Average selling price (A) 1000 Total Sales 200000000 Variable cost per unit (B) 736 Variable cost 140000000 Variable cost on shipping 7200000 Total Variable cost 147200000 Fixed Cost (C) 50400000 Before Income Tax 2400000 Income tax 960000 Total Cost 197600000 After tax net income 1440000 BEP in (Units) (A-B...

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PM201 Management Accounting

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Answers: Answer to question 1:  Financial accounting can be defined as the system of accounting, which is associated with the preparation of the monetary report for the external business parties such as stakeholders, consumers, dealers, investors etc. It is regarded as the purest type of accounting procedure where appropriate keeping of record and financial reporting is done so that it can deliver pertinent and material information to it...

Read More arrow Tags: United Kingdom London Management Evaluating the Advocacy of CPTED University of London Masters in Business Administration 

ACCTING 7014 Management Accounting

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Answer: Introduction: It is the value of equity only which will help the users of the financial statements mainly investors to take the decision as to whether to invest the funds in the particular company or not. Investors usually confronted with the two different terms. One us shareholders equity and other is market capitalization. The two terms shareholders equity and the market capitalization are separate in their meaning and function. Fol...

Read More arrow Tags: Australia Tabiano Management Evaluating the Advocacy of CPTED University of New South Wales Masters in Business Administration 

B292 Management Accounting

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Answer: Relevant cost is an accounting term that describes avoidable costs that are affecting the business decision. Relevant cost is majorly to eliminate the unnecessary costs that could complicate the decision making process. It is important for business to identify between relevant and irrelevant cost. Relevant costs are also the costs which will change in future because of some decisions. The different types of relevant costs are: F...

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ACCT204 Management Accounting

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Answers: Question 1 Activity Based Costing is an accounting model that singles out operations that firm undertakes and then allocates indirect costs to the items produced. The uniqueness of the Activity Based Costing is based on the fact that it identifies costs, activities and products, analyzes the relationship between the variables and finally carries out an allotment of indirect costs to the respective items produced. Just like any model,...

Read More arrow Tags: Australia Sydney Management Evaluating the Advocacy of CPTED University of Sydney 

ACCT 202 Principles Of Managerial Accounting

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Answer: Introduction  The Manager of EEC had recently attended a meeting where the topic of discussion was regarding Balanced Scorecard approach. The Manager liked the discussion to an extent where he wanted to continue with the same topic in the next meeting with the managers of EEC (Tjader et al., 2014).  The manager actually wants to put the concept in such a way where EEC should consider adopting the technique for usage for the ...

Read More arrow Tags: Australia Midland Management Evaluating the Advocacy of CPTED University of New South Wales Masters in Business Administration 

BBAC501 Management Accounting

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Answers: Answer 1 Water Bill is $ 1000 (for 7000 litre or less) per month and variable cost thereafter with step up increase. Since major component of cost is fixed, the cost may be taken as semi variable. It is not fully variable since at zero water usage also there is fixed cost involved. The cost equation is not linear. Lease on machinery has a floor and ceiling of $ 1500 per month and $ 4000 per month and within this range it is variab...

Read More arrow Tags: Australia Melbourne Management Evaluating the Advocacy of CPTED University of Melbourne Masters in Business Administration 

ACCT402 Introduction To Accounting

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Answers: 1. The issue presented in the question is that the internal controls that are required for the prevention of fraudulent acts.  a) A programmer obtaining the payroll master file and increasing his salary falls under the purview of master file threat. To be more precise this kind of risk falls under unauthorized change that have been carried out to the payroll master data. The prevention of such a fraudulent act can be carried out b...

Read More arrow Tags: Saudi Arabia Riyadh Management Evaluating the Advocacy of CPTED University of Riyadh 
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