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Contact me by email: ( ..t with the format of gmail for these 3 assignments. I want your work is 80/100. It must be correct

Contact me by email: (..t with the format of gmail for these 3 assignments. I want your work is 80/100. It must be correct answers. I used to work with 1 tutor. Bad quality with a low grade.

image text in transcribed Unit: ACC203 - Management Accounting Submission Date: 13-October-2017 before 23.59 pm Weighting: The assignment is worth 40% of the total unit weight. Instructions: 1. 2. Students are required to cover all stated requirements. 3. You need to support your answers with appropriate Harvard style references where necessary. 4. Only include information in your appendixes that has been directly referred to in the body of your document. 5. Include a title/cover page containing the subject title and code and the name, student id numbers. 6. Please save the document as ACC203_B1_T1_first name_Surename_Student Number Eg: ACC203AT2_John_Smith_20170000 Your answer must be both uploaded to Moodle in word file and handed over a printed copy. 1 You are required to finish each of these questions, total 40 marks. Please give the solutions in detail, show calculations and submit the solutions to Moodle using a single file, it can be Excel format, Word format or PDF format, no requirement on word limits, if use any references, please refer to Harvard style. Question 1: Management accounting information for resource management (10 Marks) You have just been appointed as the management accountant for Close Up and Personal (CUP), a company that sells pottery items, jewellery and cool clothing, featuring personal digital photos. This company employs a team of 12 designers who design the pottery items, jewellery and clothing. These products are manufactured by independent companies. CUP then prints the customer ordered photos onto the products and sells them to customers through six sales outlets located in shopping malls. Required: 1 Identify the specific types of management accounting information that may be needed by the following employees, on a monthly basis, to help them control operations: (a) Manager of each retail outlet. (b) Manager of the design team. (c) Marketing manager responsible for planning advertising campaigns and identifying customer needs. (d) Manager who manages and renegotiates contracts with the outside manufacturers. 2 The managing director of CUP is interested in developing more sophisticated planning systems, but has some doubts over the value of undertaking strategic planning. Prepare a report outlining the importance of planning systems. In your report, consider the interrelationships between the objectives of the company, its strategies and short-term planning systems. Explain how management accounting information may assist in improving the planning function of the company. Question 2: Schedules of cost of goods manufactured and sold; income statement (10 Marks) The following data refer to Flintoff Fashions for the current year: Sales revenue $570 000 Work in process inventory, 31 December 18 000 Work in process inventory, 1 January 24 000 Selling and administrative expenses 90 000 Income tax expense 54 000 Purchases of raw materials 108 000 Raw material inventory, 31 December 15 000 Raw material inventory, 1 January 24 000 Direct labour 120 000 Electricity: plant 24 000 2 Depreciation: plant and equipment 36 000 Finished goods inventory, 31 December 30 000 Finished goods inventory, 1 January 12 000 Indirect material Indirect labour 6 000 9 000 Other manufacturing overhead 48 000 Required: 1 Prepare the schedule of cost of goods manufactured for Flintoff Fashions. 2 Prepare the schedule of cost of goods sold for Flintoff Fashions. 3 Prepare the income statement for Flintoff Fashions. 4 Construct an Excel spreadsheet to solve all the preceding requirements. Include formulas in your spreadsheet wherever possible. Show how both cost schedules and the income statement will change if: (a) raw material purchases amounted to $110 400. (b) indirect labour was $9600. Question 3: Cost behavior; engineered cost; committed and discretionary costs: manufacturer (10 Marks) HappyDaze T-shirts manufactures and prints customised designs on T-shirts. Below is a list of some of their major costs. (a) Cost of daily radio advertising on the local community radio station. (b) Cost of the fabric used to make the T-shirts. (c) Cost of the ink used in the designs. (d) Salary of the managing director. (e) Wages of the production employees who sew and print the T-shirts. (f) Cost of movie tickets provided for the Employee of the Month award each month. (g) Depreciation of the sewing machines, calculated on a units of production basis. (h) Cost of electricity used in the factory building. (i) Rent of the building. (j) Wages of the staff who package the T-shirts. (k) Cost of sewing machine maintenance. (l) Cost of the new advertising sign at the front of the factory. (m) Cost of the company car used by the managing director. Required: For each cost: 1 Indicate whether it is fixed or variable. 2 why. If the cost is variable, indicate whether it is an engineered cost. Explain 3 If the cost is fixed, indicate whether it is committed or discretionary. Explain why. 3 Question 4: Cost of goods manufactured; overapplied or underapplied overhead; journal entries (10 Marks) Cool Cooking Tools Ltd, manufacturer of gourmet cooking utensils, uses job costing. Manufacturing overhead is applied to production at a predetermined overhead rate of 150 per cent of direct labour cost. Any overapplied or underapplied manufacturing overhead is closed to cost of goods sold at the end of each month. Additional information: Job SR22, consisting of ceramic spoon rests, was the only job in process on 31 January, with accumulated costs as follows: Direct material $4000 Direct labour 2000 Applied manufacturing overhead 3000 Total $9000 Jobs BS67, TR29 and GT108 were started during February. Direct materials requisitions during February totalled $26 000. Direct labour cost of $20 000 was incurred during February. Manufacturing overhead incurred in February was $32 000. The only job still in process on 28 February was job number GT108, with costs of $2800 for direct material and $1800 for direct labour. Required: 1 Calculate the cost of goods manufactured for February. 2 Calculate the amount of overapplied or underapplied overhead to be closed to cost of goods sold on 28 February. 3 Prepare journal entries to record the events described in requirements 1 and 2. 4 Unit: ACC204 - Advanced Financial Accounting Weighting: The assignment is worth 40% of the total unit weight. Due Date: 13th October, 2017 Instructions: 1. 2. Students are required to cover all stated requirements. 3. You need to support your answers with appropriate Harvard style references where necessary. 4. Only include information in your appendixes that has been directly referred to in the body of your document. 5. Include a title/cover page containing the subject title and code and the name, student id numbers. 6. Please save the document as ACC204_T1_B1_first name_Surename_Student Number Eg: ACC204_T1_B1_John_Smith_20170000 Your answer must be both uploaded to Moodle in word file, no need to hand in a hard copy. You are required to finish each of these questions, total 40 marks. Please give the solutions in detail, show calculations and submit the solutions to Moodle using a single file, it can be Excel format, Word format or PDF format, no requirement on word limits. If any reference was used, please refer to Harvard style. Question 1 (10 marks), Question 2 (10 Marks), Question 3 (10 Marks), Question 4 (10 Marks). 1. You have been appointed the accountant of a new organisation that is preparing its first set of financial statements. In determining the depreciation for the first year, what sorts of information would you need? Please include knowledge from this subject with references. 2. During the reporting period ending 30 June 2018, Midnight Boil Ltd constructed a nuclear power generator just outside of Melbourne. The cost of the power generator and associated technology amounted to $12 550 000. Other costs associated with the construction amounted to: Costs incurred in obtaining access to the site $2 500 500 Power Permits 400 500 Engineers' Fees 1 100 500 4 001 500 The plant was ready to start generating power on 1 July 2018, with actual generation starting on 1 October 2018. At the end of the power plant's useful life, which is expected to be 10 years, Midnight Boil Ltd is required by the government to dismantle the plant, remove it, and return the site to its original condition. After consulting its own engineers and environmentalists, Midnight Boil Ltd estimates these costs to be: Dismantling the plant $750 500 Environmental remediation costs 1 249 500 Replacement of flora and fauna 100 000 2 100 000 Midnight Boil Ltd uses a discount rate of 10 per cent. Required Prepare the journal entries necessary to account for the power plant for the years ended 30 June 2018, 30 June 2019 and 30 June 2024. Ignore depreciation. 3. Sun City Limited commences construction of a multi-purpose water park on 1 July 2014 for Pretoria Limited. Sun City Limited signs a fixed-price contract for total revenues of $50 million. The project is expected to be completed by the end of 2017 and Pretoria Limited controls the asset throughout the period of construction. The expected cost as at the commencement of construction is $38 million. The estimated costs of a construction project might change throughout the projectin this example, they do change. The following data relates to the project (the financial years end on 30 June): 2015 2016 2017($ ($m) ($m) m) Costs for the year 10 18 12 Costs incurred to date 10 28 40 Estimated costs to complete 28 12 - Progress billings during the year 12 20 18 Cash collected during the year 11 19 20 REQUIRED (a) Using the above data, compute the gross profit to be recognised for each of the three years, assuming that the outcome of the contract can be reliably estimated. (b) Prepare the journal entries for the 2015 financial year using the percentage-of-completion method. (c) Prepare the journal entries for the 2015 financial year, assuming the stage of completion cannot be reliably assessed. 4. Mam Ltd acquired Bo Ltd on 1 July 2018 for cash of $7 000 000. At that date, Bo Ltd's net identifiable assets had a fair value of $5 800 000. The fair value of the net identifiable assets of Bo Ltd are determined as follows: (in $000) Customer List 50 Machinery 1450 Buildings 1500 Land 3000 6000 Less: Bank Loan 200 Net assets 5800 At the end of the reporting period of 30 June 2019, the management of Mam Ltd determines that the recoverable amount of the cash-generating unit, which is considered to be Bo Ltd, totals $6 200 000. The carrying amount of the net identifiable assets of Bo Ltd, which excludes goodwill, has not changed since acquisition and is $5 800 000. REQUIRED (a)Prepare the journal entry to account for any impairment of goodwill. (b)Assume instead that at the end of the reporting period the management of Mam Ltd determines that the recoverable amount of the cash-generating unit, which is considered to be Mam Ltd, totals $4 800 000. Prepare the journal entry to account for the impairment. Individual Assignment Unit: FIN201 -Corporate Finance Total Weight: The assignment is worth 40% of the total unit weight. Instructions: 1. Students are required to cover all stated requirements, penalty will apply for late submissions. 2. Your answer ONLY uploaded to Moodle in PDF file. 3. You need to show all the calculation steps and highlight the answers. (There will be STEP MARK) 4. Copying each other's work or plagiarizing of any kind will receive a ZERO mark. 5. Please save the document as: FIN201 AT1_first name_Surename_Student Number Eg: FIN201AT1_John_Smith_20150000 1 Please Answer The Following Four Questions (each worth 10 marks) 1. 1. Calculate the return for each of these investments (capital gain/loss plus dividend). a) My portfolio ends the year with a value of $12.72 million after paying dividends at the end of the year to the value of $255,000. The value of the fund at the beginning of the year was $12.13 million. b) At the same time the All Ordinaries Index ended the year at 5695 after starting at 5226. c) A share in BHP was selling for $23.45 at the beginning of the year and selling for $27.42 at the end of the year after paying a dividend of $1.13. 2. A perpetuity with the first annual cash flow paid at the beginning of year 4 is equivalent to receiving $100,000 in 15 years time. Assume that the perpetuity and the lump sum are of equivalent risk and that j2 = 11% pa is the appropriate interest rate. How much is the annual cash flow associated with the perpetuity? (Accurate to the nearest dollar) 3. Discus the implications of the empirical evidence on market efficiency for (a) technical analysis (b) fundamental analysis 4. The standard deviations of returns on assets A and B are 12 per cent and 6 per cent, respectively. A portfolio is constructed consisting of 30 per cent in Asset A and 70 per cent in Asset B. Calculate the portfolio standard deviation if the correlation of returns between the two assets is: 1. 1 2. 0.5 3. 0 4. -1 Comment on your answers. 2

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