Normal distribution, Mean & Standard deviation
Mean
most commonly used measure of central tendency
influenced by every value in a sample
X
N
is population mean
X is sample mean
Standard deviation
measure of variability
(X
)2
N
if is unknown, use X
co
QUESTION THREE
RELATIONSHIPS
COST-VOLUME-PROFIT
(20)
REQUIRED
Study the information given below and answer each of the
following questions independently.
1
Calculate the volume of sales required to break-even.
2
(4)
Calculate the total contribution margin
QUESTION
2
(20 MARKS)
REQUIRED
1
Use the information provided below to calculate the
following ratios for 2014. Where applicable, round of
answers to two decimal places.
1
Profit
2
2
(2)
Turnover
3
(2)
Return
4
(2)
Earnings
5
(2)
Debts
6
(2)
Return
7
(2)
QUESTION FIVE
COST ANALYSIS FOR PLANNING AND
DECISION-MAKING
(20)
Note: Where applicable, refer to the present value
tables (APPENDIX 1 and 2) that appear after QUESTION
FIVE.
1
REQUIRED
Study the information given below and prepare the
Production Budget
QUESTION FOUR
COST ANALYSIS FOR CONTROL AND
TRANSFER PRICING
1
(20)
REQUIRED
Refer to the information provided below and calculate the
following variances. Indicate in each case whether the
variance is favourable or unfavourable.
1
Raw
materials
usage
var
QUESTION
1
(20 MARKS)
REQUIRED
Study the Statement of Comprehensive Income of Ascot
Limited for the period 2012 to 2014 provided below and
answer the following questions:
1.1. Calculate the interest expenses for the year ended 31
December 2013.
(2)
1.2. P
Lesson 1.
Net Present Value
Prof. Beatriz de Blas
April 2006
1. Net Present Value
1
1. Introduction
When deciding to invest or not, a rm or an individual
has to decide what to do with the money today.
So we need to compare money today with money in the
fu
ACCOUNTING FOR DECISION MAKING
MBA
ENRICHMENT EXERCISES
AND
SOLUTIONS
ACCOUNTING FOR DECISION MAKING WORKBOOK
CONTENTS
ENRICHMENT EXERCISES
Page
1.
Accounting information and managerial decisions
3
2.
Financial statements and accounting concepts
4
3.
Acco