MAC2601 Principles of Management Accounting (MAC2601)

MAC2601 EXAM PACK (Past papers and Solutions) 2021. MAC2601 - Principles Of Management Accounting.

MAC2601 Assignment 2 Semester 1 & 2. Calculate total actual material costs, including total ordering and total carrying costs for the 2021 at EOQ.

MAC2601 Assignment 2 Semester 1 & 2 S - The study-notes marketplace QUESTION 1 a) Calculate total actual material costs, including total ordering and total carrying costs for the 2021 at EOQ.

Contents MODULE NOTES ............................................................................................................................................ 2 Past Exam papers ........................................................................................................................................ 58 SOLUTIONS .................................................................................................................................................. 66 Oct/Nov 2013 ....

MAC2601 Assignment 1 Semester 1 & 2 2021. Principles Of Management Accounting.

MAC2601 EXAM PACK. Principles Of Management Accounting. NATURE AND BEHAVIOUR OF COSTS (1) Manufacturing cost/ Production cost Manufacturing costs - costs incurred in the manufacturing process of a product. x Direct + Indirect cost = Manufacturing cost x Direct cost = Direct Material + Direct Labour x Total Direct cost = Prime cost x Conversion cost = Direct Labour + Manufacturing overheads x Indirect cost = Indirect material + Indirect Labour x Total Indirect cost = Overheads Direct cos...

1. 2 Reference: Study guide 1 PG 6 A cost object is any activity, unit or phenomenon for which cost can be accumulated and measured. The unit or activity may consist of a product unit, a batch of units, a job order, a contract or a project. It can also be a customer, geographical region, etcetera. In manufacturing organisations, the cost object will often be a product or products. To determine whether something is a cost object you need to ask the most fundamental question about cost: '...

MAY/JUNE 2014 EXAM Question 1 (20 marks, 24 minutes) Gupta Gate (Pty) Ltd manufactures and sells bullet proof vests. The following information is available for 2013 (actual) and 2014 (budget). 2013 2014 Production (units) 2 000 3 000 Sales (units) 1 800 2 500 Opening inventory (Beginning of 2013) (units) 1 500 R R Variable cost per unit: Manufacturing 25 28 Direct labour 10 15 Selling cost 5 5.5 40 38.5 Fixed costs: Manufacturing overheads 25 000 39 000 Selling and administrativ...

QUESTION 1 Electrix Limited, a South African based manufacturer, manufactures a single product that is used in a variety of electrical products, in one process. The following information is available for September 2013: Work-in-process  Material - 1 September 2013 ......................................24 000 units - 100% complete ...............................................R200 000  Conversion costs - 95% complete ...............................................R607 200 Material ...

MAC2601 - Principles Of Management Accounting