Management Accounting Individual Assignment 1. Variable manufacturing cost per unit = (323,000,000-160,000,000-24,000,000-100,000,000) 850,000 = $45.88 per unit Fixed manufacturing cost per unit = $100,000,000 850,000units = $117.65 per unit Total manufacturing cost per unit= 45.88+117.65 = $163.53per unit 2. Fixed overhead rate= $100,000,000 800,000units =$125 per unit Production volume variance= (850,000 X 125)-(800
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ENGLISH Complete the sentences by choosing the most appropriate word, from the given lettered choices (A to D/E) below each. 1. If I ________ the promotion, I would have bought a new car. A. received B. had received C. will receive D. would receive Each question below consists of a related pair of words, followed by five lettered pairs of words. Select the lettered pair that best expresses a relationship similar to that expressed in the original pair. 2. MOISTEN: DRENCH::
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414 Ciii6/411 /1 0 9L1 UNIVERSITI SULTAN ZAINAL ASIDIN FINAL EXAMINATION SEMESTER II SESSION 2013/14 FACULTY OF BUSINESS MANAGEMENT AND ACCOUNTANCY DEGREE PROGRAMME COURSE : MANAGEMENT ACCOUNTING COURSE CODE : MAS 3023 DURATION : 3 HOURS INSTRUCTIONS TO CANDIDATES 1. Answer ALL questions in the answer Booklet provided. 2. Begin each answer on a new page. This Question Booklet consists of 5 printed pages. MAS 3023/FPPP/SEMESTER II SESSION 2013/14
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organization. Key words: Healthcare Management, Cost Management, Activity-based costing, Introduction In the last decade, many non-profit and hospital organizations started to face difficulties and challenges in balancing limited resources and costs to provide their demand for services. Due to the introduction of modern medical techniques and medicines and consequent increase of consumed costs, many hospitals are under pressure to adopt more advanced cost management techniques usually utilized only
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of which 80% is new raw material Raw material cost per batch is about $21.42. Gas cost is $1,000 per month Giberson blew glass for 40 weeks in a year out of the available 52 We have access to a sample of production times for various items as well as the average weekly production for both First and Seconds Both Firsts and Seconds are sold at the same price We know the price per unit for each of the items We know the Operating Costs that Giberson incurred We also know the value
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MANAGEMENT ACCOUNTING: AN OVERVIEW Learning Objectives Distinguish between managerial & financial accounting. Understand the evolution of management accounting. Explain about the IFAC model. Understand how managers can use accounting information to implement strategies. Explain about Relevant Lost & Relevant Regained. 2 Learning Objectives Distinguish between managerial & financial accounting. Understand the evolution of management accounting. Explain
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With the adjustment in costs gross margins have dropped from the planned margin of 35% to 22% in just one month. To offset this potential damage we are taking a look at how to adjust product costs in order to stay in the competitive pump market. Below lists the product costs using activity based costing, recommendations for adjusting the price of flow controllers, and how these changes in product costing affects net income. Activity based costing allows for as many costs as possible to be directly
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Management Accounting 1)The opportunity cost of making a component part in a factory with no excess capacity is the: net benefit foregone from the best alternative use of the capacity required. total manufacturing cost of the component. fixed manufacturing cost of the component. variable manufacturing cost of the component. 2) A company has a standard cost system in which fixed and variable manufacturing overhead costs are applied to products on the basis of direct labor-hours. A fixed
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with Simple Finance A typical pain point for most projects has been the underlying differences in Costing Based COPA and the P&L in Financial Accounting. Most of the customers used costing based COPA with one of the reasons being getting a break up of Cost of Goods Sold. Typically in Costing based COPA, the values for key figures like Revenue, cost of goods sold, variances, overheads etc get stored in value field in CE1* tables. This essentially used to map the accounts such as revenue and
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the institute of cost accountants of india(ICAI) (A Statutory body under an act of parliament) SYLLABUS 2012 STRUCTURE & contents Evaluation Synthesis ANALYSIS ANALYSIS APPLICATION APPLICATION COMPREHENSION COMPREHENSION COMPREHENSION KNOWLEDGE KNOWLEDGE KNOWLEDGE LEVEL A LEVEL B LEVEL C FOUNDATION COURSE - Syllabus 2012 the institute of cost accountants of india(ICAI) (A Statutory body under an act of parliament)
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