Greenwich University Account Question

authorize - Resit EXAMINATION PAPER: ACADEMIC SESSION two hundred7/2008 Campus naturalize Department Course Code Course Title take aim Duration Date Maritime Greenwich Business Accounting & pay ACCO1116 Financial & instruction Accounting (MAIB) M TWO HOURS magisterial 2008 Course co-ordinator: Dr Agnieszka Herdan INSTRUCTIONS TO CANDIDATES Answer TWO questions only. All questions consider equal marks. This is a CLOSED book examination Students ar permitted to use non-programmable calculators. THIS PAPER MUST NOT BE upstage FROM THE EXAMINATION ROOM August 2008 - RESIT Course Title Financial & Management Accounting (MAIB) Course Code ACCO1116 Page 1 of 5 APPROVED - Resit Question 1 Decisions Ltd. is a multinational company that produces and sells spare split for the automotive industry. The traditional priceing system used by the company is based on the number of units for charging overheads to products. However, and the CEO thinks that this could black market to poor set decisions, considering the different level of complexity of the iii main lines of production. Recent improvements in the accounting information system, however, directly allows the CEO to gather the information needed to improve pricing decisions. The information that follows is related to the honest-to-goodness and the new system.

Selected data from the old information system (year 2007) Total manufacturing overhead Total takings (units) posture 1 Total production Material cost per unit Direct labour cost per unit 200 £24 £13 8,000 400 Model 2 clx £32 £11 Model 3 40 £24 £7 Selected data from the new information system (year 2007) Cost drivers Set-ups reappraisal time - hours Machine maintenance - hours Purchasing related cost - orders Shipments received - shipments Cost drivers by line of production Set-ups review time - hours Machine maintenance - hours Purchasing related cost - orders Shipments received - shipments Cost Annual volume £2,000 2,000 £1,600 100 £2,000 600 £800 1,200 £1,600 1,400 Model 1 600 40 160... If you want to get a upright essay, order it on our website: Ordercustompaper.com

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