mock_assessments_MACS(1).pdf - Management Accounting Control Mock Assessment Solutions Study phase 1 Mock assessment question 1(Topic Multiple choice

mock_assessments_MACS(1).pdf - Management Accounting...

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© EDGE Learning Media (Pty) Ltd 1 Mock Assessment Solutions Study phase 1 Mock assessment question 1 (Topic: Multiple choice questions A) 1. A 2. B 3. D 4. A 5. C 6. B 7. A 8. D 9. A Mock assessment question 2 (Topic: Activity Based Costing) Calculation of activity rates: Overhead Activity Total cost R Cost driver Cost driver value (total) Cost driver rate Set up 168 000 Production runs 56.00 3 000 Machines 1 112 000 Machine hours 444 800.00 2.50 Receiving 527 000 Receipts 620.00 850 Packing 31 320 Deliveries 72.00 435 Engineering 80 750 Production orders 85.00 950 Management Accounting Control
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Management Accounting and Control Systems Mock Assessment Solutions Study Phase 1 © EDGE Learning Media (Pty) Ltd 2 Cost allocation: X R Y R Z R Total R Set up 36 000 30 000 102 000 168 000 Machines 216 000 288 000 608 000 1 112 000 Receiving 170 000 187 000 170 000 527 000 Packing 9 570 11 310 10 440 31 320 Engineering 19 000 33 250 28 500 80 750 Total overheads 450 570 549 560 918 940 1 919 070 Material cost 576 000 480 000 1 536 000 2 592 000 Labour 864 000 864 000 2 304 000 4 032 000 Total cost
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  • Spring '17
  • Natasha worthington
  • Macs

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