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AbsVarCost_Pract_Wachovia_Ques

AbsVarCost_Pract_Wachovia_Ques - ACC2022F/S Management...

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ACC2022F/S Management Accounting 1 Absorption & Variable Costing Practical – Wachovia Question and solution by CCSmith 2013 1 This is not a test. No printed solution will be provided. You are expected to work through the problem in the tutorial session until it has been completed. Your tutor will be available to assist you. Source: June 2011 Final (30 MARKS : 36 MINUTES) Wachovia Limited (hereafter Wachovia) is a manufacturer listed on the JSE Securities Exchange. The company is looking to promote one of its divisional managers to the position of general manager. Some of the divisional managers have many years’ experience in the company and would be favourites for the position but the marketing director has made a strong case for bright you MBA graduate, Eric Callen, who is divisional manager of the New Africa Division. She says “Eric is young and exciting and just what this company needs. He was involved with the New Africa Division from its start at the beginning of 2009 financial year and just look at the performance of this division under his leadership. I think is by far the best performance of any of the divisions”
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