100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MAC3701 Exam pack 2024(Application of Management Accounting Techniques)Questions and answers) $2.50   Add to cart

Exam (elaborations)

MAC3701 Exam pack 2024(Application of Management Accounting Techniques)Questions and answers)

 33 views  2 purchases
  • Course
  • Institution

MAC3701 Exam pack 2024(Application of Management Accounting Techniques)Questions and answers With accurate answers and assurance that they are in the exam

Preview 4 out of 101  pages

  • August 27, 2024
  • 101
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
avatar-seller
lOMoARcPSD|44660598




MAC3701
EXAM PACK

, lOMoARcPSD|44660598




APPLICATION OF
MANAGEMENT
ACCOUNTING
TECHNIQUES

, lOMoARcPSD|44660598




MAY – JUNE
2020

, lOMoARcPSD|44660598




QUESTION 1: COST CLASSIFICATION &
BEHAVIOUR; BUDGETING & PLANNING;
ADVANCED CVP ANALYSIS; STANDARD
COSTING; TRANSFER PRICING; DIRECT - &
ABSORPTION COSTING; PERFORMANCE
MANAGEMENT; RELEVANT DECISION –
MAKING – OPTIMISATION & ETHICAL, SOCIAL &
OTHER RELATED MATTERS
(a) Costs that are included in PW`s other direct variable manufacturing costs
(DVMC)

➢ Metal body shells:
➢ Electrical wiring including entertainment centres
➢ Seats
➢ Engine

These costs can be traced to the vehicles being manufactured as they are fitted to
each vehicle making them direct costs and they are standard per vehicle.
Furthermore these costs increase in total as the number of vehicles manufactured
increases and decrease in total if the number of vehicles manufactured decrease
thereby qualifying as variable costs.

(b)

(i) To some extent the assertion can be correct because low sales volume can
still be maintained due to their contribution per unit being higher which can
push the break – even point downwards. A product might have very high
sales volumes but if the product`s contribution is low, very high volumes need
to be sold in order to reach the break – even point.

Furthermore, low volume sales products can also be sold for other reasons
other than the break – even. This might be necessary for diversification in
order to hedge against market failure of a single product. If multiple products
are sold it is unlikely that all the products can result in negative outcomes in
terms of sales.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller gabrielmusyoka940. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $2.50. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

66579 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling

Recently viewed by you


$2.50  2x  sold
  • (0)
  Add to cart