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Report - Management Accounting

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Added on  2020-05-16

Report - Management Accounting

   Added on 2020-05-16

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Running head: MANAGEMENT ACCOUNTING Management AccountingName of the StudentName of the UniversityAuthors NoteCourse ID
Report - Management Accounting_1
MANAGEMENT ACCOUNTING1Executive Summary: The main objective of the report is to provide the management with the necessary projectionof future profits to make the necessary decision. The case study is based on the explanation ofthe two important methods namely the cost accounting and the management accounting withbetter understanding of the cash flow. The initial stages of the case study is based on thedetermination of the overhead cost involved in the calculating the cost of product. The secondpart of the study is associated with the determination of the cash flow from the application ofthe new plans. The report would demonstrate the effectiveness of the activity based costingtechniques in the process of business decision making.
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MANAGEMENT ACCOUNTING2Table of ContentsAnswer to task Part A:...............................................................................................................3Answer to requirement A:..........................................................................................................3Answer to requirement B:..........................................................................................................3Answer to requirement C:..........................................................................................................4Answer to part B:.......................................................................................................................5Answer to requirement A:..........................................................................................................5Answer to requirement B:..........................................................................................................7Sales revenue under the new scheme of membership:...............................................................8Effect on sales revenue and cash inflow:...................................................................................9Answer to Requirement 3:.......................................................................................................10Conclusion:..............................................................................................................................11Reference List:.........................................................................................................................12
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MANAGEMENT ACCOUNTING3Answer to task Part A: Answer to requirement A: ActivityActivityCostActivity DriverAnnualQuantityCost perUnit ofActivityProcess Receivables$15,000No. of Invoices5000$3.00Process Payables$25,000Nos. of PurchaseOrders2500$10.00Program Production$28,000Nos. of ProductionSchedule1000$28.00Process Sales Order$40,000Nos. of Sales Order4000$10.00Dispatch Sales Order$30,000Nos. of Dispatches2500$12.00Load Mixers$14,050Nos. of Batches1000$14.05Operate Mixers$45,900Nos. of Kilograms200000$0.23Clean Mixers$6,900Nos. of Trays1000$6.90Move mixture to filling$3,450Nos. ofCakes/Pastries200000$0.02Clean Trays$20,000Nos. of Trays16000$1.25Fill Trays$16,000No. ofCakes/Patries800000$0.02Move to baking$8,000No. of Trays16000$0.50Set up Oven$50,000No. of Batches1000$50.00Bake Cake/Pastries$1,30,000No. of Batches1000$130.00Move to Packing$40,000No. of Trays16000$2.50Pack Cake/Pastries$80,000No. ofCakes/Patries800000$0.10Inspect Patries$2,500No. of Pastries50000$0.05Answer to requirement B: Illustrations for Bill of ActivitiesActivity ConsumedAnnual Quantity ofActivity DriverCost per Unit of ActivityTotal CostProcess Receivables500$3.00$1,500.00
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