PAT0075 Assignment 1
APPENDIX I
PAT 0075 COST AND MANAGEMENT ACCOUNTING
GROUP ASSIGNMENT
Trimester 3, 2014/2015
Instructions:
1) This is a group assignment with each group not exceeding 5 students
2) Use standard A4 size white paper with Times New Roman font and size 12
3) Line spacing (1.5 lines); 2.54 cm margin
4) Each page (except cover) must be numbered and justified
5) The deadline for submission is on or before 04/05/2015 by 5 p.m. (Monday, week 6)
QUESTION 1
Tenrack is a fairly large manufacturing company located in the southern United States. The company manufactures tennis rackets, tennis balls, tennis clothing and tennis shoes. All products bearing the company’s distinctive logo, a large green question mark on a white flocked tennis ball. The company’s sales have been increasing over the past 10 years.
The tennis rackets division has recently implemented several advanced manufacturing techniques, such as robot arms hold the tennis rackets in place while the glue dries, and machine vision systems check for defects. The engineering and design team uses computerised drafting and testing of new products. The following managers work in the tennis rackets division:
Jason Dennis, Sales Manager (supervises all sales representatives)
Dave Marley, Cost Accounting Manager (supervises cost accountants)
Kevin Carson, Production Supervisor (supervises all manufacturing employees)
Sally Renner, Engineer (supervises all new-product design teams)
REQUIRED
a) What are the primary information needed by each manager? Give examples.
(5 Marks)
b) Which, if any, financial accounting report(s) is likely to be used by each manager? Explain.
(3 Marks)
c) Name one special purpose management accounting report that could be designed for each manager. Include the name of the report, the information it would contain, and how frequently it should be issued.
(7 Marks)
[TOTAL 15 MARKS]
Grading Rubrics for Assignment Question 1:
(5)
(4)
a) primary
Clear and
Clear and information detailed adequate needed by
PAT 0075 COST AND MANAGEMENT ACCOUNTING
GROUP ASSIGNMENT
Trimester 3, 2014/2015
Instructions:
1) This is a group assignment with each group not exceeding 5 students
2) Use standard A4 size white paper with Times New Roman font and size 12
3) Line spacing (1.5 lines); 2.54 cm margin
4) Each page (except cover) must be numbered and justified
5) The deadline for submission is on or before 04/05/2015 by 5 p.m. (Monday, week 6)
QUESTION 1
Tenrack is a fairly large manufacturing company located in the southern United States. The company manufactures tennis rackets, tennis balls, tennis clothing and tennis shoes. All products bearing the company’s distinctive logo, a large green question mark on a white flocked tennis ball. The company’s sales have been increasing over the past 10 years.
The tennis rackets division has recently implemented several advanced manufacturing techniques, such as robot arms hold the tennis rackets in place while the glue dries, and machine vision systems check for defects. The engineering and design team uses computerised drafting and testing of new products. The following managers work in the tennis rackets division:
Jason Dennis, Sales Manager (supervises all sales representatives)
Dave Marley, Cost Accounting Manager (supervises cost accountants)
Kevin Carson, Production Supervisor (supervises all manufacturing employees)
Sally Renner, Engineer (supervises all new-product design teams)
REQUIRED
a) What are the primary information needed by each manager? Give examples.
(5 Marks)
b) Which, if any, financial accounting report(s) is likely to be used by each manager? Explain.
(3 Marks)
c) Name one special purpose management accounting report that could be designed for each manager. Include the name of the report, the information it would contain, and how frequently it should be issued.
(7 Marks)
[TOTAL 15 MARKS]
Grading Rubrics for Assignment Question 1:
(5)
(4)
a) primary
Clear and
Clear and information detailed adequate needed by