Management Accounting Quiz and Assignments

Running Head: Quiz
Management Accounting

Quiz 1
Assignment 1
Par
t a
Group
1
Group
2
Grou
p 3
Group
4 Total
Revenue
12000
00
14000
00
9000
00
16000
00
51000
00
Le
ss Labour cost
40000
0
40000
0
3000
00
50000
0
16000
00
Contributio
n Margin
80000
0
10000
00
6000
00
11000
00
35000
00
Le
ss Overhead
48750
0
48750
0
3656
25
60937
5
19500
00
Profit
31250
0
51250
0
2343
75
49062
5
15500
00
Profitability
percentage 26% 37% 26% 31% 30%
Par
t b
Group
1
Group
2
Grou
p 3
Group
4 Total
Revenue
12000
00
14000
00
9000
00
16000
00
51000
00
Labour cost
40000
0
40000
0
3000
00
50000
0
16000
00
Contributio
n Margin
80000
0
10000
00
6000
00
11000
00
35000
00
Le
ss Overheads
Customer
Investigation
15000
0 90000
2100
00
30000
0
75000
0
After Sales
Services
16000
0
24000
0
8000
0
72000
0
12000
00
Profit
49000
0
67000
0
3100
00 80000
15500
00
Profitability
percentage 41% 48% 34% 5% 30%
Par
t c
Yes the Profitability has changed with the application of
ABC technique
The company must apply ABC technique to Group 1, 2 and 3 but for Group 4 it
must stick to traditional costing method

Quiz 2
Assignment 2
Requirement a
Selling price per kilo (A) 25 Fixed cost
Variable cost per unit (B) 10 Rent 180
Contribution per unit (C) 15 Manager 320
Total fixed cost (D)
57
0
Marketing
cost 50
Contribution Margin (C/A) 0.6 Depreciation 20
BEP in kilos (D/C) 38 Total 570
BEP in revenue (DKK)
95
0
Requirement b
Units (kilos) Sales (DKK) Cost
6 150 630
14 350 710
22 550 790
30 750 870
38 950 950
46 1150 1030
54 1350 1110
62 1550 1190
70 1750 1270
1 2 3 4 5 6 7 8 9
0
200
400
600
800
1000
1200
1400
1600
1800
2000
Break-even point
Sales (DKK) Cost
Sales Units (kilos)
Sales (DKK)

Quiz 3
Requirement c
DKK
Sales (40.000 Kilos)
(A) 1000
Variable cost 400
Fixed cost 570
Total Cost (B) 970
Profit/Loss (A-B) 30
Requirement d
If employee is hired
Fixed cost 570
Add: Wages 225
Total Fixed cost 795
Contribution per unit 15
Contribution Margin 0.6
New BEP (in kilos) 53
New BEP (in revenue) 1325
Requirement e
Units Sales (DKK) Cost
41 615 1205
44 660 1235
47 705 1265
50 750 1295
53 1325 1325
56 1400 1355
59 1475 1385
61 1525 1405
63 1575 1425