Academic Year2016 -2017Semester: Spring 2017 (Second Semester).
1235 WordsApr 29, 20175 Pages
Academic Year 2016 - 2017 Semester: SPRING 2017 (SECOND SEMESTER)
Branch: Egypt Program: Business Studies
Course Title: INTRODUCTION TO MANAGERIAL ACCOUNTING Course Code: BE211/4
Student Name: Islam Magdi Fayek Student ID: 1551510034
Section Number: Tutor Name:
Allocated Marks Questions PART A PART B Total Weight 20 9 16 15 12 8 10 10 100 Marks Marks deduction Criteria Presentation Referencing Word Count E-Library Total Up to (5) (5) Marks
Student’s Total Mark /100
Notes on plagiarism:
A. According to the Arab Open University By-laws, the following acts represent cases of cheating and plagiarism:
Verbatim copying of printed material and submitting them as part of…show more content…
3. No routine internal reporting: This information or reports are generated to support projects and other decisions that come up as the need arises from them.
While the reports are prepared in different formats and basic data is manipulated or summarized in various ways to facilitate decision making, there is one data base maintained by the accounting system that contains data in the form debits and credits to various accounts maintained in the accounting system.
Accountants combine these data items in various ways to provide information to internal or external users.
Management accounting as a discipline focuses on accounting information that facilitates decision making by managers of the organization.
If focuses on routine and no routine accounting reports.
Information A ($) B ($) C ($)
Beginning work in process inventory 42,400 81,000 4,400
(+) Direct Materials used 28,400 70,400 6,600
(+) Direct Labour 21,600 41,400 2,800
(+) Manufacturing Overheads 21,000 21,000 1,600
Total cost of process 113,400
(-) Ending work in process inventory (20,400) (51,800) (5,000)
Cost of goods manufactured 93000 162000 10400
Q3. (i) BEP in units for each of the products and prove your answer
Information/Products A B C total
Sales price per unit 60 180 200
(-) Variable Cost per unit (30) (60) (140) contribution 30 120 60 sales mix 3 2 1 6
Weight contribution 90 240 60 390
Weighted Average Contribution per