CHAPTER: PERFORMANCE MEASUREMENT AND CONTROL
The following figures are extracted from the accounts of Super Soups, a company which selling
gourmet homemade soups.
Total production costs
Total capital employed
Divisional managers are therefore responsible
for all operations (production, sales and so on)
relating to their product, the functional
structure being applied to each division.
Advantages of Divisionalisation
Corporate objectives are set as part of the corporate
planning process which is concerned with the
selection of strategies which will achieve the
corporate objectives of the organisation.
Unit objectives, on the other hand, are spec
A variance is the difference between an actual result and an expected result.
Variance analysis is the process by which the total difference between
standard and actual results is analysed.
When actual results are better
The ideal transfer price
Finding the ideal transfer price
Transfer pricing in practice
Transfer Pricing: Purpose And Objectives
A transfer price is the price at which goods or services are sold
Strategic Performance Measurement
Financial performance in the private sector
Performance measurement in not-for-profit organisations
Behavioural aspects of performance reporting: reward
What is a standard cost?
A standard cost is an estimated unit cost built up of
standards for each cost element (standard resource price
and standard resource usage).
It is determined by management's estimates of the
SPECIALIST COST AND
Activity Based Costing
Activity Based Costing
Upon completion of this chapter you will be able to:
Explain what is meant
Algebra & Trigonometry Assignment
1. Linda wants to get RM500,000 for her house. An agent charges 20% of the selling price for
selling the house for Linda.
a. What should be the selling price?
x = RM625,000
b. What will be the agent's
Furthermore, the monarchy have the responsibility for continuing the tradition and to the pass
them on in ever changing times. Ancestors have created rules with reasons and we were to follow
it and apply it in our daily lives even though the rules that we
1.What do you think about the cleanness in UCSI?
A. Excellent (2)
B. Good (10)
C. Normal (5)
D. Fair (2)
E. Bad (1)
2. How do you think about the lecturer in UCSI?
A. Excellent (1)
B. Good (7)
The topmost position in the career hierarchy at PwC is that of the Partner. The partner is the real
decision maker, the power holder and the most important working member of the team at the
company and only after an experience of at least 10 years
Centre for Pre-U Studies
Course title: Introduction to Malaysian Studies
Course code: FN101
Credit hours: 3
Lecturer: Ms. Nurhani Hazirah binti Ahmad Hamidi
Topic of presentation
Date of presentation
(Name and Student ID)
Centre for Pre-U Studies
SP004 Positive Psychology
April August 2016
Students Name :
Wong Shin Wee
Students ID :
Accounting information requirements
Integration of management accounting
systems in management information
system. pg 148
Sources of information pg 169
Recording and processing methods. 173
Management Reports 175
Accounting Information Requir
BUDGETING AND STANDARD COSTING
The materials purchasing manager is assessed on:
total material expenditure for the organisation
the cost of introducing safety measures, regarding the standard and the quality of materials,
in accordance with rev
CHAPTER: NOT-FOR-PROFIT ORGAANIZATION
A hospital might use a cheaper cleaning firm because of difficulties evaluating how well the
cleaning is being done. This may create problems in many areas:
It may indirectly lead to the spread of infec
CHAPTER: PERFORMANCE MEASUREMENT SYSTEM
A multinational company established a new operating division in Fenland four years ago. The operating
division has been established as a profit centre. Decisions relating to the purchase of capital equipm
CHAPTER: STRATEGIC PERFORMANCE MEASUREMENT
Round Table Conferences (RTC) organises scientific conferences. It began trading in Hereland in Year 1,
and in Year 3 it opened a similar operation in a neighbouring country, Thereland. The divisional
A not-for-profit organisation is ' an organisation whose
attainment of its prime goal is not assessed by economic measures.
However, in pursuit of that goal it may undertake profit-making
Objectives of no
Strategic management accounting
Strategic Management Accounting
The purpose of management accounting is to provide
relevant and reliable information so that managers can
make well-informed decisions.
The value of management accounting depends on
Performance measurement aims to establish how
well a machine, a factory, a subsidiary company, an
organisation, an individual employee, a manager or a
group of people is doing in relation to a plan.
Performance measures may be di
AW Inc produces two products, A and C. In the last year (20X4) it produced 640 units of A and
350 units of C incurring costs of $672,000. Analysis of the costs has shown that 75% of the total
costs are variable. 60% of these variable
MAKE OR BUY DECISIONS
Explain the factors that influence the pricing of a
product or service.
Explain the price elasticity of demand.
Derive and manipulate a straight line demand
equation. Derive an equation for the total cost
An investment centre has reported a profit of $28,000. It has the following assets and liabilities:
Noncurrent assets (at NBV)
MAKE OR BUY
Robust Ltd makes four components A, B, C and D and the associated annual costs are as
Production volume (units)
Unit variable costs:
Variable production overheads
Fixed costs directly attributable
ABSORPTION COSTING AND ACTIVITY BASED COSTING
Question 1: Cabal
Cabal makes and sells two products, Plus and Doubleplus. The direct costs of production are $12
for one unit of Plus and $24 per unit of Doubleplus.
Information relating to
CHAPTER: STRATEGIC PLANNING
A company has an objective in its long-term business plan of achieving significant growth in its
business in the period Year 1 to Year 5. It is now the end of Year 2.
Its results for the years to 31st December Year 1
Hondru operates a standard costing system. The standard direct materials to produce 1,000 units
of output is as follows:
Input quantity (kgs)
Standard price per kg ($)
[ADVANCED MANAGEMENT ACCOUNTING]
Main idea of this assignment is on the Evolution of Management
Accounting by considering its evolution in two periods. The first is period before
1990s by referring to Robert Kaplans article and second is