Introduction to Management Accounting: Written Assessment

Topics: Cost accounting, Ship model Pages: 44 (3722 words) Published: September 13, 2015
ACC200

Written Assessment Task Specification
1.

Case study: Sail-Away Sports Limited (see attachment)

2

Student learning outcome
List below, in alpha format, what key knowledge and skills students would be expected to attain by successfully completing this subject/unit (link to assessment tasks (refer to 2.4 below)):

2.

(a)

Demonstrate knowledge of the links between management accounting, customers, suppliers and sources of external information and appreciate what is relevant to decision-making in a Management Accounting context.

(b)

Effectively use costing techniques and describe the strengths and limitations of such techniques

(c)

Analyse accounting information and present reports in various formats

(d)

Describe and utilise the basic concepts of planning and control systems

Student assessment:
Provide, in table format as shown below, a schedule of formal assessment tasks and major examinations for the subject/unit.
Assessment Type

Group project

3.

When assessed

Final submission
due via Moodle
7pm Monday 23
September 2013

Weighting

20%

Learning Outcomes
Assessed
a, b, c, d

The Assignment is to be submitted using MS Excel as a KOI Moodle Assignment which has been setup on the KOI Moodle site. The submission due time and date is: 7.00pm Monday 23 September 2013. A hard copy (Paper copy) of the Case study is to be handed in either at the Lecture or at the beginning of your Tutorial class in Week 10. As part of the Assignment requires you to comment on the outcome of your work in a report format, you may find it much easier to submit the report as a second file prepared in MS Word. (The Assignment has been set to accept up to two files for submission to allow you to do this. Note ALL calculation worksheets should be submitted on ONE MS Excel Worksheet. Each product should be split into Labour and Material PLUS one Worksheet for Overheads. This will require ONE workbook with SEVEN worksheet tabs. NOT SEVEN separate workbook files. Students should note, that the hard copy is ONLY to ASSIST in marking however the electronic submission MUST occur by the time and date specified above otherwise there will be a 20% penalty for ANY late submission PLUS an additional 5% penalty for each day late after Monday. No assignment will be marked after one week late. Please do NOT bring Doctor’s Certificates for the due date. As this is the work of an entire group, please ensure you have sufficient group members ready to work to deliver the work ON TIME.

ACC200 T2-13 Written Assignment Specification

Page 1

ACC200
ACC200 – Introduction to Management Accounting
Trimester 2 – 2013
Group Assignment
Each week you are required to submit one completed component of the Assignment for progress checking. You will be advised in class the component due in the following week. The final submission is due 7pm Monday 23 September 2013 (Hard copy due in Lecture (or Tutorial) Week 10 The schedule for the progress checking is as follows:

Tuesday Tutorial Class Week 8 10 September: First material and labour variances for at least one of the three products;
Tuesday Tutorial Class Week 9 17 September: Overhead variances (both fixed and variable) Monday 23 September Week 10 – Complete assignment lodged via Moodle (this is the OFFICIAL DUE DATE as described above)

Tuesday 24 September Week 10 – Hand in hard copy of complete assignment. (This submission is to assist with marking – the due date is MONDAY 23 September!) Sail-away Sports Limited design and manufacture small sail craft (boats). They manufacture three different model boats as follows:

Model 3DSB - 3m Dinghy Sail Boat
Model 36THS - 3.6m 2-handed Sail Boat
Model 40CSB – 4.0m 2-handed Sports Boat
The following information is known about Sail-away Limited:
Sail-away’s boats are made in three stages:
The HULL (the bottom part of the boat that goes in the water) and the DECK (a cover that is glued to the HULL to make...
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