PAT0075 Assignment 1

1871 WordsApr 15, 20158 Pages
APPENDIX I PAT 0075 COST AND MANAGEMENT ACCOUNTING GROUP ASSIGNMENT Trimester 3, 2014/2015 Instructions: 1) This is a group assignment with each group not exceeding 5 students 2) Use standard A4 size white paper with Times New Roman font and size 12 3) Line spacing (1.5 lines); 2.54 cm margin 4) Each page (except cover) must be numbered and justified 5) The deadline for submission is on or before 04/05/2015 by 5 p.m. (Monday, week 6) QUESTION 1 Tenrack is a fairly large manufacturing company located in the southern United States. The company manufactures tennis rackets, tennis balls, tennis clothing and tennis shoes. All products bearing the company’s distinctive logo, a large green question mark on a white flocked tennis ball. The…show more content…
Therefore, one of the major tasks is deciding which costs to manage in order to achieve the company’s profitability targets. In other words, you must identify the airline’s most important cost objects to track, measure and control. REQUIRED Identify and clearly explain the cost objects that are critical to the company’s success. (15 Marks) Grading Rubrics for Assignment Question 2: (5) (4) Introduction: Clear and Clear and Explain the detailed adequate meaning of explanation of explanation of cost object the meaning the meaning of of cost objects cost objects weightage: with some with some 0.5 examples. examples. Content: Clear and Clear and Explain the detailed adequate general explanation of explanation of business general general activities for business business airline activities for activities for company airline airline company company weightage: 0.5 Content Clear and Clear and Identify and detailed adequate explain 5 explanation of explanation of cost objects 5 cost objects 5 cost objects that are that are that are critical critical to critical to the to the the company’ company’ company’ success success success Identify 5 cost Identify 4 cost weightage: 2 objects objects (3) Clear but brief explanation of the meaning of cost objects with some examples. Clear but brief explanation of general business activities for airline company (2) Unclear explanation of the meaning of cost objects with some examples. Unclear explanation of general business activities for

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