ACFI2003 Major Assignment 2017(2) - ACFI2003 Major...

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ACFI2003Major Assignment, 2017Due Date: 24 April 5pm Sydney timeAssignment to be submitted via Turnitin (on Blackboard)Please note:1.Submission is via Turnitin on the Blackboard site.Students should allow atleast 60mins to load up assignments as Turnitin will electronically ceaseaccepting submission at 5pm. Late penalty will be applied for submissionsmade via email to course coordinator immediately after 5pm.2.Students should have completed tutorials 1 through to 5 prior to completingthe assignment.3.Each assignment must have a university cover sheet with your workshoppresenter’s (tutor’s) name clearly written on the cover sheet.This must be thepresenter delivering the workshop that you are enrolled in.4.Workshop presenters will mark the assignments of the students formallyenrolled in their classes.5.Submissions must be typed, not hand written, using 1.5 line spacing. Theessay in question 2 has a word limit of 1,600 words (maximum).6.The School is aware that there are websites that provide answers toassignments for a fee.Students who utilise these services are short-changingthemselves as they lose out on the learning that comes from investingpersonal effort in completing this assignment.This learning is critical inpreparing for the final examination.
Question 1Kremel Co. produces a herbicide for lawns which also contains a weed killer.Theproduct passes through four processes:combining, drying, mixing, and bagging.Two chemicals, X and Y, are added during the combining process.X is added at thebeginning of the process and Y is added three quarters of the way through thecombining process (75%).Labour and overhead are applied evenly throughout eachprocess.After combining, the resulting product is sent to the drying department,where it is dried under heat lamps for 24 hours.After drying, the granulated productis sent to mixing where a fertiliser is mixed with the granulated herbicides.Finally, inbagging, the product is placed in 20kg bags.The following information relates to thecombining process for the month of June.

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Term
One
Professor
N/A
Tags
Job costing, equivalent units, fundamental costing principle

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