Taxation APD
UNIVERSITY OF HERTFORDSHIRE
Academic Year: 2011-12
Semester: A
Business School
Department of Accounting, Finance and Economics
ACC/AIFS/BA/AF/JH
6BUS0332
Management Decision Making
Duration of Exam: 2 hours
THE FOLLOWING ARE PROVIDED FOR THIS EXAMINATION:
One Answer book
Graph Paper
PV Table
INSTRUCTIONS TO CANDIDATES:
This paper consists of SIX questions out of which you are required to answer TWO questions in Section A and TWO questions in Section B.
ALL questions in Section A carry 5 marks each while ALL questions in Section B carry 45 marks each
Ensure you write your candidate number on any sheets which are to be handed in.
Only University approved calculators are allowed
Candidates are permitted to take this question paper with them at the end of the exam
Closed Book Exam
This paper consists of SIX questions on FIVE pages
SECTION A
Attempt any TWO questions in this section
QUESTION 1 (5)
A market research of a company has suggested that one of its products sells 10,000 units at a price of £7 and 7000 units at a price of £11. Using economic theory of supply and demand work out the profit maximising price for the product if the marginal cost of the product is estimated to be £5.
QUESTION 2 (5)
A production process costs £20,000 and produces 500 units of product A and 300 units of product B. The product B needs further processing cost of £2000 and results in production of product C. If the product A is given a weight of 2 and the product C a weight of 3, what will be the costs allocated to products A and C.
QUESTION 3
Academic Year: 2011-12
Semester: A
Business School
Department of Accounting, Finance and Economics
ACC/AIFS/BA/AF/JH
6BUS0332
Management Decision Making
Duration of Exam: 2 hours
THE FOLLOWING ARE PROVIDED FOR THIS EXAMINATION:
One Answer book
Graph Paper
PV Table
INSTRUCTIONS TO CANDIDATES:
This paper consists of SIX questions out of which you are required to answer TWO questions in Section A and TWO questions in Section B.
ALL questions in Section A carry 5 marks each while ALL questions in Section B carry 45 marks each
Ensure you write your candidate number on any sheets which are to be handed in.
Only University approved calculators are allowed
Candidates are permitted to take this question paper with them at the end of the exam
Closed Book Exam
This paper consists of SIX questions on FIVE pages
SECTION A
Attempt any TWO questions in this section
QUESTION 1 (5)
A market research of a company has suggested that one of its products sells 10,000 units at a price of £7 and 7000 units at a price of £11. Using economic theory of supply and demand work out the profit maximising price for the product if the marginal cost of the product is estimated to be £5.
QUESTION 2 (5)
A production process costs £20,000 and produces 500 units of product A and 300 units of product B. The product B needs further processing cost of £2000 and results in production of product C. If the product A is given a weight of 2 and the product C a weight of 3, what will be the costs allocated to products A and C.
QUESTION 3