McCormack Ltd produces one product, the "44". Its budgeted production for
each month is 4,444 units and currently the retail price is 44 per unit.
The variable costs per unit are as follows:
Developing Country Studies
ISSN 2224-607X (Paper) ISSN 2225-0565 (Online)
Vol.3, No.7, 2013
Finding a Way to Enhance Impact of Islamic Microfinance: The
Role of Spiritual and Religious Enhancement Programmes
M10EFA AUDITING AND
(September 2015 Cohort)
[Contributes 30% to total module mark]
ISSUE DATE: 29th January 2016
Due Date: 22nd March 2016
M10EFA AUDITING AND ASSURANCE
CASE STUDY CU Limited
Due Date: 22nd March
Question 1 - Breakeven Question
Games Ltd manufactures interactive games that it sold last year at 50 a game.
The cost specifications for these games were as follows:
Variable costs per game
M10EFA: Auditing and
Internal Audit and Internal Controls
What is Internal Auditing?
auditing is an appraisal or monitoring activity
established within an entity as a service to the entity.
functions by examining, evaluat
(a) Auditors have the following duties (s.498):
To consider whether:
i. The accounts have been prepared in accordance with
the Companies Act
ii. The Balance Sheet shows a true and fair view of the
company's position at the year end and whether the
Kensington plc. is a manufacturer of mobile phones.
It is planning to introduce a new mobile phone called the '9999K'.
It has forecast the variable costs of the phone and its cost card is as
BIRMINGHAM CITY BUSINESS SCHOOL
COURSEWORK FRONT SHEET
CONTEMPORARY BUSINESS ISSUES
Barry Emery, Richard Frost, Steve
HAND IN/PRESENTATION DATE: