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Mandarin

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CONFIDENTIAL

UNIVERSITI KUALA LUMPUR BUSINESS SCHOOL

FINAL EXAMINATION
SEPTEMBER 2013 SEMESTER

SUBJECT CODE

:

EAB10603

SUBJECT TITLE

:

MANAGEMENT ACCOUNTING 1

LEVEL

:

BACHELOR

TIME / DURATION

:

2:00 – 5:00 PM / 3 HOURS

DATE

:

12TH JANUARY 2014

INSTRUCTIONS TO CANDIDATES

1. Please read the instructions given in the question paper CAREFULLY.
2. This question paper is printed on both sides of the paper.
3. This question paper consists of TWO (2) sections; Section A and section B. Answer ALL questions. 4. Please write your answers on the answer booklet provided.
5. This question paper must not be removed from the examination hall.

THERE ARE FIVE (5) PAGES OF QUESTIONS, EXCLUDING THIS PAGE.

CONFIDENTIAL
SECTION A (Total: 20 marks)

Question 1

A. Discuss

THREE

(3)

major

differences

between

financial

accounting

and

management accounting.
(6 marks)

B. Aishah works at Tulus Furnitures, a factory involves in rattan furniture at Nilai.
Explain the meaning of the following terms. Support your answer with TWO (2) examples of each cost that are commonly incurred by Tulus Furnitures:

i.

period cost

ii.

product cost
(6 marks)

C. Explain the meaning of each of the terms and provide example of each of the categories: i.

fixed costs

ii.

variable cost

iii.

semi fixed costs

iv.

semi variable cost.
(8 marks)
[20 marks]

EAB10603_Management Accounting 1

1

CONFIDENTIAL
SECTION B (Total: 80 marks)

Question 1

Qaira Sendirian Berhad is a manufacturer of a consumer product. The selling price of the product is RM 70 per unit. The company provides the following information on its operation for the year 2013: sales unit produced

30,000 units
35,000 units

Additional information on the cost incurred is as follows:
variable

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