cameroon gce A level 2024 cost and management accounting 2
cameroon gce A level 2024 cost and management accounting 2
Duration: Three Hours
INSTRUCTIONS TO CANDIDATES
This Paper Comprises SIX Questions.
Each question carries 20 marks.
You are required to Answer Any Five Questions of your choice, starting each new Answer on a New Page.
If you answer MORE THAN five (5) Questions, ONLY the first five will be marked and the other cancelled
You are allowed to use GRAPH PAPERS and CALCULATORS.
Charts of accounts and formulae booklets are NOT ALLOWED for this paper.
You must use ONLY Blue or Black ink. No answer in Pencil will be marked.
All Appendices filled or completed should be slotted in the answer booklet.
Do not write your name or candidate number on the appendices
All necessary calculations must be shown.
You are reminded of the necessity for good English and orderly presentation in your answers.
You are advised to read carefully through the question paper, before you begin your answers.
PALMA Ltd offers customised snack design and consultancy services to businesseszncl_
| private customers. The lh d n . d . ,^Xlstlng os s to |
company’s accountant has recommended that Activity–Based os!‘n^ – traditional overhead costing method used by PALMA Ltd . I he existing cos – g clients based on the total number of hours of labour recorded. PALMA Ltd uses a cost plus mark–up of 50%. |
The management accountant provides the following information lor the past periods to aid in the introduction of
ABC and details concerning two orders:
| Cost driver | Cost pool |
| Number of designs | Design cost |
| Number of client meetings | Planning and consultancy cost |
| Number of site visits | Supervision cost |
| Administrative staff labour hours | Administration cost (telephone, etc.) Cost and activity data |
| Amount | Description |
(CLAP)
168,000,000
316,800,000
60,000,000
3,000,000
2,000,000
100,000,000
4,200,000
2,800
7,200
Snack designer salaries
Snack staff salaries
Administration staff salaries
Design costs
Supervision costs
Administration costs
Planning and consultation costs
Snack designer labour hours
Snack staff labour hours
Administration staff hours
Total number of design drafts
Total number of site visits
Total number of client meetings
4
,000
250
80
140
Details relating to two orders (Jobs)
Job K190 Job K.195
Number of design drafts
Snack designer time
Snack staff time
Administration staff time
Number of client meetings
Number of site visits
15 8
20 hours
80 hours
12 hours
12 hours
30 hours
3 hours
8 4
5 4
Required Calculate the amount that PALMA Ltd will invoice to each of the Jobs noted above using
i.
| The existing traditional absorption costing method. ii. Activity–based costing. |
(8 marks) |
( 12 mark)
(Total 20 marks)
