Subject: MANAGEMENT ACCOUNTING

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MA – Nov 2024 – L2 – Q5b – Profit Maximization and Batch Selection

Determination of the optimal number of printer batches to import and sell to maximize profit.

Question

Awuah deals in online business, importing and selling printers. The cost of each set of printers varies depending on the number purchased, although printers can only be purchased in batches of 1,000 units. Awuah also has to pay import taxes which vary according to the quantity purchased. Awuah has already carried out some market research and identified that sales quantities are expected to vary depending on the price charged.

The following data has been established for the first month:

Number of Batches Imported and Sold	Average Cost per Unit (Including Import Taxes) (GH¢)	Total Fixed Costs per Month (GH¢)	Expected Selling Price per Unit (GH¢)
1	10.00	10,000	20
2	8.80	10,000	18
3	7.80	12,000	16
4	6.40	12,000	13

Required:

Determine the number of batches of printers Awuah should import and sell to maximize profit.

Answer

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Tags: Batch Selection, CVP Analysis, Fixed and Variable Costs, Profit Maximization
Level: Level 2

Topic: Cost-Volume-Profit (CVP) Analysis
Series: Nov 2024

MA – Nov 2024 – L2 – Q5a – Limiting Factor Decision and Profit Maximization

Determination of the optimum production plan considering scarce resources.

Question

Manche produces two products from different quantities of the same resources using a just-in-time (JIT) production system. The selling price and resource requirements of each of the products are shown below:

Product	C	L
Unit Selling Price (GH¢)	130	160
Resources per Unit:
Direct Labour (GH¢8 per hour)	3 hours	5 hours
Material A (GH¢3 per kg)	5 kg	4 kg
Material B (GH¢7 per litre)	2 litres	1 litre
Machine Hours (GH¢10 per hour)	3 hours	4 hours
Fixed Overhead (GH¢8 per hour)	1 hour	1 hour

Market research shows that the maximum demand for products C and L during August 2024 is 500 units and 800 units respectively. This does not include an order that Manche has agreed with a commercial customer for the supply of 250 units of C and 350 units of L at selling prices of GH¢100 and GH¢135 per unit, respectively. Failure by Manche to deliver the order in full by the end of August will cause Manche to incur a GH¢5,000 financial penalty.

At a recent meeting between the Purchasing Manager and Production Manager to discuss the production plans of C and L for August, the following resource restrictions for the year were identified:

Direct Labour Hours: 90,000 hours
Machine Hours: 90,000 hours

The resource restrictions were evenly distributed throughout the year.

Required:

i) Prepare the optimum production plan for August 2024 using relevant computations.
ii) Determine the contribution from adopting this plan.
iii) Using relevant computations, show whether Manche should complete the order from the commercial customer assuming any excess labour hours for not making the contract can be used to produce 300 units of product ‘F’ with a contribution of GH¢55 per unit.

Answer

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Tags: Contribution analysis, Decision Making, Limiting Factor, Optimum production, Profit Maximization
Level: Level 2

Topic: Decision making techniques
Series: Nov 2024

MA – Nov 2024 – L2 – Q4b – Standard Costing and Variance Investigation

Explanation of the use of standard costing in decision-making and key factors to consider before investigating variances.

Question

Standard costing has been employed by organizations as a control technique to analyze the deviation of results from those that are expected.

Required:

i) Explain TWO ways managers have effectively deployed standard costing as a tool in decision-making analysis.

ii) Explain THREE key factors a manager should consider before deciding to institute an investigation into reported variances.

Answer

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Tags: Cost Control, Performance Evaluation, Standard Costing, Variance Analysis
Level: Level 2

Topic: Standard Costing and Variance Analysis
Series: Nov 2024

MA – Nov 2024 – L2 – Q4a – Cost-Benefit Analysis (CBA) for Public Sector Investment

Evaluation of a healthcare capital investment project using cost-benefit analysis.

Question

The Faith Specialist Hospital (FSH) is a special government health facility under the Ghana Health Service (GHS) that provides specialized medical scans for complex health conditions. Management of FSH is planning to install an ultra-modern imaging machine that will improve the quality and accuracy of scans. The new installation will require an additional capital investment of GH¢420,000. The GHS policy on capital projects is that all new projects should achieve an internal rate of return of at least 30%.

Forecast demand for the services of this new machine over its five-year useful life are as follows:

Year	Number of Scans
1	1,250
2	2,700
3	3,500
4	1,400
5	675

Projected charge per scan: GH¢650
Variable costs per scan:

Consumables: GH¢330
Labour and overheads: GH¢176

Operating fixed costs per year: GH¢264,000 (includes depreciation on a straight-line basis)

Apart from the financial forecasts above, it is also envisaged that the project will produce non-financial benefits in several forms. Although it is hard to place a precise value on this, expert opinion suggests that this could approximate GH¢70,000 per annum.

Required:

i) Using cost-benefit analysis (CBA) computations, evaluate if the project should be undertaken.

ii) Enumerate TWO limitations of evaluating projects in the public sector.

Answer

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Tags: Capital Budgeting, Cost-benefit analysis, Investment Appraisal, IRR, Public Sector
Level: Level 2

Topic: Introduction to capital budgeting
Series: Nov 2024

MA – Nov 2024 – L2 – Q3b – Activity-Based Costing (ABC) in the Service Sector

Assessment of ABC's applicability in the service sector and identification of four units in healthcare where it can be applied.

Question

In their effort to build equitable, resilient, and sustainable systems for health, both The Global Fund and Gavi have approached you on the implementation of ABC systems to improve their customer profitability analysis.

Required:

Assess the applicability of Activity-Based Costing (ABC) in the services sector. In explaining your answer, identify four units in the healthcare sector where ABC systems are applicable and specify an appropriate cost driver for each.

Answer

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Tags: Activity-Based Costing, Cost Control, Cost Drivers, Healthcare, Service Sector
Level: Level 2

Topic: Activity-based costing
Series: Nov 2024

MA – Nov 2024 – L2 – Q3a – Flexible Budget and Variance Analysis

Preparation of a flexible budget and calculation of sales, material, and labour variances.

Question

The budget and actual income statement of Shatta Company PLC for the month of April have been presented in the table below:

	Budget	Actual
Output (production and sales)	10,000	9,000
GH¢	GH¢
Sales Revenue	175,000	162,000
Raw Materials	(80,000) (100,000 meters)	(64,380) (74,000 meters)
Labour	(35,000) (5,000 hours)	(30,960) (4,300 hours)
Fixed Overheads	(35,000)	(36,225)
Operating Profit	25,000	30,435

Required:

i) Prepare a flexible budget for Shatta Company PLC.

ii) Calculate the following variances using the marginal costing system:

Sales (price, volume)
Material (price and usage)
Labour (rate and efficiency)

Answer

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Tags: Cost Control, flexible budgeting, Performance Measurement, Variance Analysis
Level: Level 2

Topic: Standard Costing and Variance Analysis
Series: Nov 2024

MA – Nov 2024 – L2 – Q2b – Ethical Standards in Business

Explanation of the need for ethical standards in business with reference to threats to ethical behavior.

Question

According to the IESBA Handbook of the International Code of Ethics for Professional Accountants, 2024 Edition, a distinguishing mark of the accountancy profession is its acceptance of the responsibility to act in the public interest and uphold ethical standards.

Required:

Explain the need for ethical standards in business (make reference to threats to ethical behavior).

Answer

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Tags: Business Integrity, Code of Conduct, Corporate Governance, Ethics, Professional Standards
Level: Level 2

Topic: Other Aspects of Performance Measurement
Series: Nov 2024

MA – Nov 2024 – L2 – Q2a – Budgetary Control

Preparation of a budgeted profit and loss account for Ankawa LTD for the year ending 31 December 2025.

Question

Ankawa LTD makes and sells a single product ‘Dee’. The following information is available for use in the budgeting process for the year 2025.

i) Sales targets have been proposed for four quarters in 2025 and the first quarter in 2026:

Year	Quarter 1	Quarter 2	Quarter 3	Quarter 4	Quarter 1 (2026)
Sales (GH¢)	240,000	160,000	144,000	224,000	192,000

Selling price per unit of Dee is expected to be GH¢20.

ii) Inventory levels

At 31 December 2024: Finished units of Dee: 3,000 units
Raw materials: 7,000kg
Closing inventory of finished product Dee at the end of each quarter is budgeted as a percentage of sales units of the following quarter:
- Quarters 1 and 2: 25%
- Quarters 3 and 4: 35%
Closing inventory of raw materials is budgeted to fall by 600kg at the end of each quarter.

iii) Product Dee unit data:

Material: 8kg at GH¢1.60 per kg
Direct labour: 1.2 hours at GH¢3.50 per hour

iv) Other budgeted quarterly expenditure for 2025:

Quarter	Fixed Overhead (GH¢)	Capital Expenditure (GH¢)
Quarter 1	10,000	10,000
Quarter 2	18,000	–
Quarter 3	27,000	–
Quarter 4	30,000	–

v) Depreciation

Property is depreciated on a straight-line basis at 5% per annum based on total cost.
Value of property as at 31 December 2024: GH¢100,000.

vi) Inventory of product Dee is valued on a marginal cost basis for internal budget purposes.

Required:

Prepare the budgeted profit and loss account for the year ended 31 December 2025.

Answer

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Tags: Budgeting, Costing, Financial planning, Forecasting, Profit and Loss
Level: Level 2

Topic: Budgetary control
Series: Nov 2024

MA – Nov 2024 – L2- Q1b – Return on Investment (ROI)

Computation of ROI for different one-off transactions and advice on whether they should be undertaken.

Question

Dondo LTD is a manufacturing company based in Nsawam. The following data represents the budgeted performance of Dondo LTD for the year 2025:

	Amount (GH¢’000)
Profit	660
Plant and equipment (net of depreciation)	1,560
Working capital	750

Dondo LTD is considering undertaking the following separate one-off transactions:

A cash discount of GH¢16,000 will be offered to its customers annually. This will, on average, reduce the trade receivables figure by GH¢60,000.
An increase in average inventories by GH¢80,000 throughout the year. The increased inventory level is expected to increase sales, resulting in GH¢30,000 increased contribution per annum.
At the beginning of the year, the company will buy a plant worth GH¢360,000. This is expected to reduce operating costs by GH¢105,000. The plant has a five-year useful life with nil residual value.

Required:

i) Compute the ROI for each of the one-off transactions above.
ii) Advise Dondo LTD on whether the above one-off transactions should be carried out.

Answer

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Tags: Cost Control, Decision Making, Financial Performance, Investment Appraisal, ROI
Level: Level 2

Topic: Performance analysis
Series: Nov 2024

MA – Nov 2024 – L2 – Q1a – Transfer Pricing

Explanation of three reasons why Kako PLC determines transfer pricing centrally.

Question

Kako PLC is a multinational company with production divisions trading in many countries across the globe. Trade takes place between a number of the divisions in different countries, with intermediate products being transferred between them. Where a transfer takes place between divisions trading in different countries, it is the policy of the board of the company to determine centrally the right transfer price without reference to the managers in the division.

Required:

i) Explain THREE possible reasons for Kako PLC to determine transfer prices of goods from the head office.

ii) Explain TWO criticisms of the central determination of transfer pricing.

Answer

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Tags: Cost Control, International business, Multinational Corporations, Taxation, Transfer Pricing
Level: Level 2

Topic: Transfer Pricing
Series: Nov 2024

MA – Nov 2019 – L2 – Q2b – Budgetary Control

Prepare a budgetary control statement for MZ Ltd for May 2019 using a flexible budget basis.

Question

b) The following monthly budgeted cost values have been taken from the budget working papers of MZ Ltd for the year ended 30 September 2019.

During May 2019, actual costs for the activity level of 82% were as follows:

Item GH¢
Direct Materials 10,500
Direct Labour 12,250
Direct Expenses 5,600
Production Overhead 6,250
Selling Overhead 15,150
Administration Overhead 14,200
Total 63,950
Required:
Prepare a budgetary control statement for MZ Ltd on a flexible budget basis for the month of May 2019.
(10 marks)

Answer

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Tags: Actual vs Budgeted Costs, Budgetary Control, Flexible Budget, Variances

Topic: Budgetary control
Series: NOV 2019

MA – Nov 2019 – L2 – Q3a – Standard costing and variance analysis

Explain basic and ideal standards, and discuss their effects on employee motivation.

Question

a) Explain what is meant by basic standards and ideal standards and their effect on employee motivation.
(5 marks)

Answer

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Tags: Basic Standards, Employee Motivation, Ideal Standards, Standards

Topic: Standard Costing, Variance Analysis
Series: NOV 2019

MA – Nov 2019 – L2 – Q3b – Standard costing and variance analysis

Calculate and analyze sales-related variances for Sasraku Ltd’s three products based on given data for the last period.

Question

b) Sasraku Ltd manufactures and sells standard quality fuel pumps. Other companies integrate these pumps in their production of petrol engines. At present, Sasraku Ltd manufactures only three different types of fuel pumps: oil pump, gas pump, and diesel pump. Simon, the Management Accountant, allocates fixed overheads to these pumps on an absorption costing system.

The standard selling price, volumes, and cost data for these three products for the last period are as follows:

The total fixed production overhead for the last period was estimated in the budget to be GH¢526,500. This was absorbed on a machine-hour basis.

The Board of Directors has decided to calculate the variances for the period to analyze the sales performance of the company.

The following information of actual volumes and selling prices for the three products in the last period was obtained:

Required:

i) Calculate the standard profit per unit.
(3 marks)

ii) Calculate the following variances for overall sales for the last period:
Sales profit margin variance
Sales mix profit variance
Sales quantity profit variance
Sales volume profit variance
(8 marks)

iii) Prepare a statement showing the reconciliation of budgeted profit for the period to actual sales less standard cost
(4 marks)

Answer

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Tags: Absorption Costing, Profit Variances, Sales Variance, Variance Analysis

Topic: Standard Costing, Variance Analysis
Series: NOV 2019

MA – Nov 2019 – L2 – Q4a – Introduction to capital budgeting

Select the appropriate plant for Pagsana Company using Payback Period and NPV analysis.

Question

a) Pagsana Company plans to introduce a new product line for production of its local drink in Walewale. The company, therefore, decided to acquire either a semi-automated plant or an automated plant. The relevant data for the two proposed plants are as follows:

Required:
i) Select the appropriate plant on the basis of:

Payback Period (4 marks)
Net Present Value

(7 marks)

ii) Explain TWO (2) advantages of discounted cashflow method of investment appraisal. (4 marks)

Answer

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Tags: Cash Flow, Discounted Cash Flow, Investment Appraisal, Net Present Value, Payback Period

Topic: Capital Budgeting, Discounted cash flow
Series: NOV 2019

MA – Nov 2019 – L2 – Q4b – Introduction to management accounting

Identifies five qualities of good management accounting information and their importance in decision making.

Question

Good decisions do not only emanate from good decision-makers but also from the quality of information used in the decision-making process.

Required:
Identify FIVE (5) qualities of good management accounting information. (5 marks)

Answer

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Tags: Decision Making, Information Systems, Management Accounting Information, Qualities

Topic: Decision-making techniques, Management Accounting Information
Series: NOV 2019

MA – Nov 2019 – L2 – Q5a – Relevant cost and revenue

Evaluates the impact of cost-plus pricing strategy and requires profitability analysis of a new product launch for the first three months.

Question

Graphix Communication Group Limited (GCGL) is a magazine publishing company. It comprises a number of different divisions, each publishing magazines in a different sector. GCGL is now considering publishing Financial Magazine. The Financial Magazine market is very competitive with a number of well-established titles already being published by GCGL’s competitors.
Financial Magazine is a monthly magazine.
GCGL has therefore commissioned an advertising campaign to launch its Financial Magazine. The price of the Financial Magazine has been set at full cost plus a mark-up of 20%.
Forecast variable cost per copy of the Financial Magazine:
Cost Description GH¢
Paper 0.83
Ink See note (i)
Machine cost 0.22
Other variable cost 0.15
The following additional information is available:
i) Each Financial Magazine needs 0.2 litres of ink. However, 10% of the ink input to the printing process is wasted. Ink costs GH¢5.40 per litre.
ii) In month 1, GCGL expects to sell 50,000 copies of the magazine to new customers at this price.
iii) After their first month of sales, GCGL expects 90% of first month’s customers to purchase the Financial Magazine in month 2. After the second month of purchase, GCGL expects to retain 85% of month 2 customers in subsequent months.
iv) As the magazine circulation area increases, sales to additional new customers in month 2 will be 20% of month 1 sales figure. 90% of this would be retained in month 3.
v) Sales to additional new customers in month 3 would be 30% of month 1 sales figures.
vi) Fixed overhead costs are apportioned by GCGL to the Financial Magazines based on first month sales volume. Total budgeted annual fixed overhead is GH¢18,000,000 and total budgeted annual magazine sales, including the Financial Magazine, is 12,000,000 copies.
vii) The sales price of the Financial Magazine will remain unchanged throughout the first three months.

Required:
a) Discuss TWO (2) advantages and TWO (2) disadvantages of the managing director’s pricing strategy in the circumstances described above.
(4 marks)

b) Produce a statement that shows the total profit for the first three months of Financial Magazine.
(10 marks)

c) Calculate the number of copies of the Financial Magazine that need to be sold to achieve a profit of GH¢100,000.
(6 marks)

Answer

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Tags: Cost-Plus Pricing, Costing, Financial Magazine, Pricing Strategy

Topic: Costing, Pricing Strategy
Series: NOV 2019

MA – Aug 2022 – L2 – Q5b – Decision making techniques

This question calculates the monthly expected profit of running a canteen service using demand and variable cost probabilities

Question

Aunty Dede Caterers runs a canteen service at a University and the following estimated information is available for the sale of lunch packs:

Monthly Demand	Probability	Variable Cost per Pack (GH¢)	Probability
2,000 packs	0.3	GH¢30	0.5
2,500 packs	0.5	GH¢15	0.4
3,000 packs	0.2	GH¢20	0.1

The probabilities of demand and the probabilities of variable cost are mutually exclusive. The selling price of a lunch pack is GH¢50, and the University charges a monthly fee of GH¢1,200 for the usage of the cafeteria.

Required:
Calculate the monthly expected profit of running the canteen.

Answer

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Tags: Costing Techniques, Decision Making, Expected Profit, Probability Analysis
Level: Level 2

Topic: Decision making techniques
Series: AUG 2022

MA – Aug 2022 – L2 – Q5a – Standard costing and variance analysis

This question involves calculating the total hiring charge, running cost per kilometer, and effective transport charge for Carriers Private Ltd.

Question

Carriers Private Ltd (CPL) was recently formed with the objective of providing sand transport services. It purchased 10 Sand Trucks with a capacity of 5 cubic metres each at a cost of GH¢150,000 per Truck. The monthly running costs and other information have been forecasted as follows:

CPL expects each truck to run 5,000 kilometers a month during its lifetime of 4 years, which starts from the date of purchase. Out of the kilometers run each month, 50% is assumed to be by the empty truck that does not generate any revenue. At the end of year 4, each truck could be sold at an estimated consideration equivalent to 30% of the purchase cost.
The following salaries will be paid to workers in CPL:
- A driver would be paid GH¢700 per month. 11 drivers will be recruited, including a stand-by driver to replace a driver taking a leave.
- A cleaner would be paid GH¢500 per month and 11 cleaners will be recruited.
- Three office staff would be paid GH¢3,000 per month.
- A garage worker would be paid GH¢500 per month.
- Licensing and insurance per annum would be GH¢2,400.
- Servicing, repairs, and maintenance would be GH¢2 per running kilometer.
- The current fuel price per litre is GH¢7.30, and management expects to keep a leeway of 10% for inflationary adjustments. The empty truck could run 5 kilometers per litre, and when loaded could only run 3.25 kilometers per litre of fuel.

CPL expects to keep a profit mark-up of 30% on full cost.

Required:
i) Calculate the total hiring charge.
(6 marks)

ii) Determine the running cost for a month per kilometer.
(1.5 marks)

iii) Assess the effective transport charge for a month:

Per kilometer.
(1.5 marks)
Per cubic metre-kilometer.
(2 marks)

iv) Explain the importance of each cost unit in part iii) above, when applying them in different transport jobs.

Answer

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Tags: Cost Unit, Hiring Charge, Running Costs, Service Costing, Transport Costing
Level: Level 2

Topic: Standard Costing and Variance Analysis
Series: AUG 2022

MA – Aug 2022 – L2 – Q4b – Other aspects of performance measurement

This question discusses the relationship between conformance and non-conformance costs using data from Mante Ltd.

Question

Mante Ltd is reviewing its progress toward meeting its objective of having a reputation for producing high-quality products. Extracts from the company’s records for each of the years ended 31 October 2020 and 2021 are shown below.

Description	2021	2020
% of units rejected by customers	15%	21%
% of units rejected before delivery	15%	5%

Cost as % of revenue:
Raw material inspection	10%	3%
Training	7%	4%
Preventive machine maintenance	8%	2%
Machine breakdown maintenance	4%	11%
Finished goods inspection	8%	2%

Required:
Discuss, using the above data, the relationship between conformance costs and non-conformance costs and its importance to Mante Ltd.

Answer

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Tags: Conformance Costs, Non-Conformance Costs, Performance Analysis, Total Quality Management (TQM)
Level: Level 2

Topic: Other Aspects of Performance Measurement
Series: AUG 2022

MA – Aug 2022 – L2 – Q4a – Discounted Cash Flow

This question involves calculating the IRR to assess the viability of acquiring a new plant for Tanko Ltd.

Question

Tanko Ltd (TL) is engaged in the manufacturing and sale of a single product GG. The existing manufacturing plant is being operated at full capacity of 6,000 units per annum, but the production is not sufficient to meet the growing demand of GG. TL is considering replacing its existing plant with a new Japanese plant. The production capacity of the new plant would be 50% more than the existing capacity. The board of TL considers this expansion a high-risk investment and requires a minimum expected rate of return of 15% on its investment.

To assess the viability of this decision, the following information has been gathered:
i) The purchase cost and installation cost of the new plant will amount to GH¢3.14 million and GH¢0.45 million, respectively.
ii) The supplier would send a team of engineers to Ghana for final inspection of the plant before commissioning at a cost of GH¢120,000. 50% of this cost would be borne by TL.
iii) As a result of the installation of the new plant, fixed costs other than depreciation would increase by GH¢0.3 million per annum.
iv) The existing plant has an estimated life of 10 years and has been in use for the last 6 years. The machine supplier has offered to purchase the existing plant immediately at GH¢1.6 million.
v) During the latest year, 6,000 units were sold at an average selling price of GH¢550 per unit. Variable manufacturing cost was GH¢450 per unit. TL expects to increase sales volume by 25% in the first year after the plant’s installation. Thereafter, the sales volume would increase by 4% per annum. Selling price and variable manufacturing cost will increase by 5% per annum.
vi) The new plant would be depreciated using the straight-line method. The residual value of the plant at the end of its useful life of 4 years is estimated at GH¢350,000.
vii) TL’s cost of capital is 12%.

Required:
Using break-even rate (internal rate of return), advise whether TL should acquire the new plant.

Answer

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Tags: Capital Budgeting, Cash Flow Projections, Internal Rate of Return, Investment Appraisal
Level: Level 2

Topic: Discounted cash flow
Series: AUG 2022

Subject: MANAGEMENT ACCOUNTING

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MA – Nov 2024 – L2 – Q5b – Profit Maximization and Batch Selection

Determination of the optimal number of printer batches to import and sell to maximize profit.

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MA – Nov 2024 – L2 – Q5a – Limiting Factor Decision and Profit Maximization

Determination of the optimum production plan considering scarce resources.

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MA – Nov 2024 – L2 – Q4b – Standard Costing and Variance Investigation

Explanation of the use of standard costing in decision-making and key factors to consider before investigating variances.

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MA – Nov 2024 – L2 – Q4a – Cost-Benefit Analysis (CBA) for Public Sector Investment

Evaluation of a healthcare capital investment project using cost-benefit analysis.

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MA – Nov 2024 – L2 – Q3b – Activity-Based Costing (ABC) in the Service Sector

Assessment of ABC's applicability in the service sector and identification of four units in healthcare where it can be applied.

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MA – Nov 2024 – L2 – Q3a – Flexible Budget and Variance Analysis

Preparation of a flexible budget and calculation of sales, material, and labour variances.

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MA – Nov 2024 – L2 – Q2b – Ethical Standards in Business

Explanation of the need for ethical standards in business with reference to threats to ethical behavior.

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MA – Nov 2024 – L2 – Q2a – Budgetary Control

Preparation of a budgeted profit and loss account for Ankawa LTD for the year ending 31 December 2025.

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MA – Nov 2024 – L2- Q1b – Return on Investment (ROI)

Computation of ROI for different one-off transactions and advice on whether they should be undertaken.

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MA – Nov 2024 – L2 – Q1a – Transfer Pricing

Explanation of three reasons why Kako PLC determines transfer pricing centrally.

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MA – Nov 2019 – L2 – Q2b – Budgetary Control

Prepare a budgetary control statement for MZ Ltd for May 2019 using a flexible budget basis.

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MA – Nov 2019 – L2 – Q3a – Standard costing and variance analysis

Explain basic and ideal standards, and discuss their effects on employee motivation.

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MA – Nov 2019 – L2 – Q3b – Standard costing and variance analysis

Calculate and analyze sales-related variances for Sasraku Ltd’s three products based on given data for the last period.

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MA – Nov 2019 – L2 – Q4a – Introduction to capital budgeting

Select the appropriate plant for Pagsana Company using Payback Period and NPV analysis.

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MA – Nov 2019 – L2 – Q4b – Introduction to management accounting

Identifies five qualities of good management accounting information and their importance in decision making.

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MA – Nov 2019 – L2 – Q5a – Relevant cost and revenue

Evaluates the impact of cost-plus pricing strategy and requires profitability analysis of a new product launch for the first three months.

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MA – Aug 2022 – L2 – Q5b – Decision making techniques

This question calculates the monthly expected profit of running a canteen service using demand and variable cost probabilities

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MA – Aug 2022 – L2 – Q5a – Standard costing and variance analysis

This question involves calculating the total hiring charge, running cost per kilometer, and effective transport charge for Carriers Private Ltd.

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MA – Aug 2022 – L2 – Q4b – Other aspects of performance measurement

This question discusses the relationship between conformance and non-conformance costs using data from Mante Ltd.

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MA – Aug 2022 – L2 – Q4a – Discounted Cash Flow

This question involves calculating the IRR to assess the viability of acquiring a new plant for Tanko Ltd.

You're reporting an error for "MA – Aug 2022 – L2 – Q4a – Discounted Cash Flow"

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