COST & MANAGEMENT ACCOUNTING (BAAD 2113) Topic Review Exercise (10/9/2020) Question 1 Nova, the controller for Novale Sdn Bhd (NSB) has faced the following situations in the past two weeks: 1) Johan, head of production, wondered whether it would be more cost effective to buy parts partially assembled or to buy individual parts and assemble them at the Vovale Sdn Bhd. 2) The Director of NSB reminded Nova that the stakeholders' meeting was coming up and he needed her to prepare a Power Point presentation showing the income statement and balance sheet information for last year. 3) Elisa, Vice President of sales has decided to expand the sales offices for next year. She sent Nova the information on next year's rent and depreciation information for budgeting purposes. 4) Nova's assistant Michael received the information from Elisa on depreciation and added it to depreciation expenses and accumulated depreciation on office equipment. 5) Nova compared the budgeted spending on materials used in production with the actual spending on materials used in production. Materials spending was significantly higher than expected. She set up a meeting to discuss this outcome with Johan that she could explain it. Required: Determine whether each request is relatively more managerial accounting oriented or financial accounting oriented