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Examen

MAC2601 May/June Assessment 6 2024

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Publié le
30-05-2024
Écrit en
2023/2024

MAC2601 May/June Assessment 6 2024 ;100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... QUESTION 1 (25 MARKS) (30 MINUTES) Futhumala (Pty) Ltd (“FTM”) was founded in the year 2000 by the sisters Mandy and Dineo. FTM produces and sells one type of electric bar heater. The FTM heaters have heating bars on three sides and on top and one heater is normally sold to retailers at R700 each. FTM received a request for a special once-off order of 3 000 lower-quality heaters from Gaze Hope at a 10% discount from the normal price. Mandy suggested using relevant costing principles to assess if they should accept the order from Gaze Hope. The sisters provided you with the following information: Details Notes Requirements per heater Steel sleeves 1 4 square meters (m2) Nails 2 40 nails Heating bars 3 8 heating bars Accessories (wheels, handle, switch) 4 1 pack Labour 5 2 hours 1. FTM has some steel sleeves on hand totalling 3 600 m2, and it is not intended to be used anywhere, as it is of low quality. The original cost of the steel sleeves was R50 per m2, while new steel sleeves currently cost R70 per m2. The steel sleeves on hand will be scrapped if not used for this order and FTM will receive R20 per m2 of steel sleeves scrapped. 2. Nails are purchased at R1 each. There are no nails on hand. MAC2601 MAY 2024 [CONFIDENTIAL] Page 6 of 10 [TURN OVER] 3. Heating bars can be purchased in bundles of ten heating bars per bundle at R102 per bundle. FTM has 420 bundles on hand at an original cost of R90 per bundle. 4. The accessories are purchased in a pack which consists of all the accessories required to complete one heater. The accessory pack is currently purchased at R200 per pack. 5. Only 8 weeks remain until the heaters must be delivered to Gaze Stores. FTM’s 70 workers are currently busy with other orders and each of these workers has idle time of only 10 hours a week available. They are full-time employees, and each gets paid a monthly salary of R11 000 for 4 weeks, 5 working days a week and 8 working hours a day. Should they be required to work overtime they would get paid R138 per hour, as opposed to the normal equivalent hourly rate. REQUIRED Round to the nearest Rand throughout your calculations. Marks (a) Discuss five qualitative (non-financial) factors FTM should consider before accepting the special order from Gaze Stores. (5) (b) From a quantitative (financial) perspective advise the sisters whether FTM should accept the special order from Gaze Hope. Note: You must provide a reason (applicable costing principle) for each cost/revenue not included in your calculation. (20) TOTAL: [25]

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MAC2601
ASSIGNMENT 6 2024
MAY/JUNE 2024

,UNIVERSITY ASSESSMENT




May 2024

MAC2601

Principles of Management Accounting

100 Marks
Duration: 2 Hours
30 minutes for uploading to myUnisa
30 minutes for reading the instructions.

Use of a non-programable pocket calculator is permissible.
Close book assessment
The question paper remains the property of the University of South Africa and may not be
distributed beyond its intended use for this assessment

THIS PAPER CONSISTS OF TEN (10) PAGES IN TOTAL.
THIS IS NOT AN OPEN-BOOK ASSESSMENT! YOU ARE NOT ALLOWED TO COPY FROM
ANY SOURCES INCLUDING YOUR LEARNING UNITS OR TUTORIAL LETTERS.

QUESTION PAPER - INSTRUCTIONS:
Please note:
1. This paper consists of four (4) questions
2. You are strongly advised to carefully read the required before attempting the
questions concerned.
3. All questions must be answered.
4. All calculations must be shown.
5. Each question attempted, must commence on a new (separate) page.
6. Include (write/type) your student number in the document/answer file.

PROPOSED TIMETABLE FOR THIS ASSESSMENT:

CONTENTS
TIME
QUESTION TOPIC MARKS
Minutes
1 Relevant Costing 25 30
2 Activity-based Costing 25 30
3 Standard Costing 20 24
4 Direct and Absorption Costing 30 36
TOTAL 100 120




[CONFIDENTIAL] [TURN OVER]

, MAC2601
MAY 2024

Follow the steps below to complete and submit a Take home assessment 6:
1. Download the question paper and note any additional information provided.
2. Complete the Take-Home assessment in MS Word or on paper.
Note: MS Word documents need to be saved as PDF documents, and paper-based
answers must be scanned into a combined PDF document.
Note: Students must upload their answer scripts in a single PDF file.
3. When ready to submit, open the Assessment 6 again and click on the Add
Submission button.
Note: You only get 30 minutes after finish of writing to submit your script on the
myUnisa portal.
4. Note the file requirements such as:
a. File size limit.
b. Number of files that can be submitted.
c. File formats allowed.
5. Review your submission information regarding the status and click on your
submission file link to check if it's correct.
6. If you need to resubmit a file, you can click on the Edit Submission button. Note:
You will need to delete any existing files.

NOTE: You must successfully submit your single PDF file before the submission cut-off
time. Please do not wait until the last minute to submit, instead, submit your file as soon
as the two (2) hours duration of the assessment has passed. If you do not successfully
submit before the cut-off time you will be marked as absent from the assessment.

May 2024 online assessment rules
Assessment sessions commence at the time indicated on the study programme. You are
required to adhere strictly to the specified times.
For file upload/take-home assessment:
1. Students must upload their answer scripts in a single PDF file on the official myUnisa
platform (answer scripts must not be password-protected or uploaded as “read-only”
files).
2. NO e-mailed scripts will be accepted.
3. Only students that have approval from Lecturers to write this assessment 6 will be
marked.
4. Students who wrote and successfully submitted assessment 3 and 5 but still submit
assessment 6, such scripts (assessment 6) will not be marked.
5. Students are advised to review submissions (answer scripts) to ensure legibility and
that the correct answer script file has been uploaded.
6. Students are permitted to resubmit their answer scripts should their initial submission
be unsatisfactory.
7. Incorrect file format and uncollated answer scripts will not be considered.
8. Incorrect answer scripts and/or submissions made on unofficial platforms will not be



[CONFIDENTIAL] Page 2 of 10 [TURN OVER]

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Publié le
30 mai 2024
Fichier mis à jour le
30 mai 2024
Nombre de pages
28
Écrit en
2023/2024
Type
Examen
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