... non-financial information CHAPTER 1 INTRODUCTION TO MANAGEMENT ACCOUNTING 24 ‘ Management decisions requiring management accounting information Figure 1.9 Management accounting information is required ... and return. What is management accounting? l All accounting must be useful for decision making and this requires a clear under- standing of for whom and for what...
Ngày tải lên: 20/06/2014, 23:20
... Closing or continuation decisions It is quite common for businesses to produce separate financial statements for each department or section, to try to assess their relative performance. Example 3.3 ... tonne for processing. A market price for X is not known and no minimum price has been agreed. The management is currently engaged in discussions over the minimum price that may be cha...
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Fundamentals of Management Accounting for Decision Makers 6th edition_3 ppt
... COSTING 96 ‘ ‘ ‘ ‘ M04_ATRI3622_06_SE_C04.QXD 5/29/09 10: 35 AM Page 96 As we saw in Chapter 1, the only point in providing management accounting infor- mation is to help managers make more informed decisions. There are broadly ... cost for Buccaneers Ltd for next year is expected to be made up as follows: £000 Direct materials: Forming department 450 Machining department 100 Fin...
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Fundamentals of Management Accounting for Decision Makers 6th edition_4 pot
... (3,000) 1 2,900 2,900 2,900 1 ,100 1 ,100 4 ,100 1 ,100 (1,200) 2 2,800 5,600 2,700 1,200 2,400 5,400 1,300 200 3 2,700 8 ,100 2,500 1,300 3,900 6,900 1,500 1,200 4 2,600 10, 400 2,300 1,400 5,600 8,600 ... of machine for which facilities exist to produce a maximum of 10 machines each week. To assist management in a decision on the price to charge for the new machine, two pieces of...
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Fundamentals of Management Accounting for Decision Makers 6th edition_5 pot
... 59 62 57 53 51 Cost of goods sold (32) (33) (35) (32) (30) (29) Salaries and wages (10) (10) (10) (10) (10) (10) Electricity (3) (3) (4) (5) (6) (6) Depreciation (3) (3) (3) (3) (3) (3) Other ... cater for a range of products and no single product decision will cause the business to amend it. Required: (a) Prepare a summary of information that would help with the pricing decision for...
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Fundamentals of Management Accounting for Decision Makers 6th edition_6 docx
... M., Management Accounting, 5th edn, Prentice Hall, 2007, chapter 11. Drury, C., Management and Cost Accounting, 7th edn, Cengage Learning, 2007, chapter 15. Hilton, R., Managerial Accounting, 6th ... the contribution is £40 a unit (that is, 100 − (£40 + £20)). If, therefore, 100 units of sales are lost, £4,000 (that is, 100 × £40) of contributions, and therefore profit, are forgone....
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Fundamentals of Management Accounting for Decision Makers 6th edition_7 ppt
... depreciation 20 10 160 2 years’ time Operating profit after depreciation 40 10 10 3 years’ time Operating profit after depreciation 60 10 10 4 years’ time Operating profit after depreciation 60 10 10 5 ... machine (100 ) (100 ) 1 year’s time Operating profit before depreciation 20 (80) ( 100 + 20) 2 years’ time Operating profit before depreciation 40 (40) (−80 + 40) 3 years’ time Oper...
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Fundamentals of Management Accounting for Decision Makers 6th edition_8 ppt
... costs (106 .4) (106 .4) (106 .4) (106 .4) Redundancy (10. 0) Additional overheads (15.0) (15.0) (15.0) (15.0) ( 210. 0) 64.8 64.8 64.8 89.8 Discount factor (12%) 1.000 0.893 0.797 0.712 0.636 ( 210. 0) ... the 10% discount rate required to achieve a zero NPV would there- fore be (2.46)/4.21 × 1% = 0.58% The IRR is therefore (10. 00 − 0.58)% = 9.42% However, to say that the IRR is about 9 or...
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Management Accounting for Decision Makers 6th edition_1 pptx
... is reviewing the performance of one hotel and making plans for next year. The managers have in front of them the results for this year (based on some actual results and some forecasts to the end ... activity Figure 3.4 Here the electricity bill for a time period (for example, three months) is plotted against the vol- ume of activity for that same period. This is done for a series o...
Ngày tải lên: 21/06/2014, 04:20
Management Accounting for Decision Makers 6th edition_3 pdf
... of machine for which facilities exist to produce a maximum of 10 machines each week. To assist management in a decision on the price to charge for the new machine, two pieces of information have ... (3,000) 1 2,900 2,900 2,900 1 ,100 1 ,100 4 ,100 1 ,100 (1,200) 2 2,800 5,600 2,700 1,200 2,400 5,400 1,300 200 3 2,700 8 ,100 2,500 1,300 3,900 6,900 1,500 1,200 4 2,600 10, 400 2,300...
Ngày tải lên: 21/06/2014, 04:20