Cost Centre in Different Types of Departments

MODULE 1 UNIT 2
Activity submission

Learning outcomes:
LO3: Describe a cost centre in a particular type of business.
LO4: Summarise the differences between fixed, variable, mixed, and semi-fixed costs.
Name:
1. Instructions and guidelines (Read carefully)
Instructions
1. Insert your name and surname in the space provided above, as well as in the file name.
Save the file as: First name Surname M1 U2Activity Submission – e.g. Lilly Smith M1
U2 Activity Submission.NB:Please ensure that you use the name that appears in your
student profile on the Online Campus.
2. Write all your answers in this document. There is an instruction that says, “Start writing
here” under each question. Please type your answer there.
3. Submit your assignment in Microsoft Word only. No other file types will be accepted.
4. Do not delete the plagiarism declaration or the assignment instructions and
guidelines. They must remain on your assignment when you submit.
PLEASE NOTE:Plagiarism cases will be investigated in line with the Terms and Conditions
for Students.
IMPORTANT NOTICE: Please ensure that you have checked your course calendar for the due
date for this assignment.
Guidelines
1. There are sixpages and fivequestions in this assignment.
2. Make sure that you have carefully read and fully understood the questions before
answering them. Answer the questions fully but concisely and as directly as possible.
Follow all specific instructions for individual questions (e. g. “list”, “in point form”).
3 Answer all questions in your own words. Do not copy any text from the notes, readings
or other sources. The assignment must be your own work only.
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Plagiarism declaration:
1. I know that plagiarism is wrong. Plagiarism is to use another’s work and pretend that
it is one’s own.
2. This assignment is my own work.
3. I have not allowed, and will not allow, anyone to copy my work with the intention of
passing it off as his or her own work.
4. I acknowledge that copying someone else’s assignment (or part of it) is wrong, and
declare that my assignments are my own work.
2. Mark allocation
Each question receives a mark allocation. However, you will only receive a final percentage
mark and will not be given individual marks for each question. The mark allocation is there
to show you the weighting and length of each question.
Question 1 10
Question 2 4
Question 3 4
Question 4 6
Question 5 9
TOTAL 33
3. Questions
Question 1
Look at the following list of different types of departments, or units, in a business:
 A walk-in branch of a national bank called Bitcoiner Bank.
 A department responsible for marketing a toy company’s product.
 A group of people within a business who research new ventures for the company to
consider.
 A department that mainly sells insurance products on behalf of the company.
Describe what a cost centre is and with reasons indicate which of the departments listed
above are cost centres and which are not. (Max. 16lines)
Start writing here:
Tel: [phone] | Fax: [phone]
Website: www.getsmarter.com | Email:[e-mail]
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