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BMAC 5203 Accounting

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BMAC 5203 Accounting
OUM BUSINESS SCHOOL

ASSIGNMENT SUBMISSION AND ASSESSMENT
_________________________________________________________________________
BMAC5203
ACCOUNTING FOR BUSINESS DECISION MAKING
MAY 2014
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INSTRUCTIONS TO STUDENTS

1. This assignment contains question that is set in English.

2. Answer in English only.

3. Your assignment should be typed using 12 point Times New Roman font and 1.5 line spacing.

4. You must submit your hardcopy assignment to your Facilitator and ON-LINE via the MyVLE. Refer to the portal for instructions on the procedures to submit your assignment on-line. You are advised to keep a copy of your submitted assignment and proof of the submission for personal reference. Your assignment must be submitted on 2nd August 2014. Submission after 2nd August 2014 will NOT be accepted.

5. Your assignment should be prepared individually. You should not copy another person’s assignment. You should also not plagiarise another person’s work as your own.

EVALUATION
This assignment accounts for 60% of the total marks for the course.

ASSIGNMENT QUESTION

TASK 1
Planning for profit and cost control
Objective
To enable the learner to prepare the budgeted profit statement and undertake cost-volume-profit analysis for decision making.
Marks allocated
35 marks

Anhad Sdn. Bhd. manufactures car alarms, and its trading results for the year ended 31 October 2013 are as follows:

RM '000

RM '000

Sales (800,000 alarms)

7,200

Costs:

Materials: direct, variable
1,600

Labour: direct, variable
960

Labour: indirect, fixed
280

Other production overheads: variable
400

Other production overheads: fixed
640

Selling overheads: variable
480

Selling overheads: fixed
360

Distribution overheads: variable
280

Distribution overheads: fixed
120

Administration overheads:

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