cameroon gce advanced level 2025 cost and management accounting 3
cameroon gce advanced level 2025 cost and management accounting 3
- SOLISO enterprise is planning to produce 12,000 Units of output for the first quarter of a given year. This
projected production requires the following:
a. Raw material 25,000 kg at 2,000 CFAF a kg
b. 30,000 Hours of direct labour at 1,000CFAF an hour
c. Overhead expense 48,000,000 CFAF
d. Overhead absorption basis is hours of direct labour.
e. At the end of the period, the company produced 10,000 units of output which consumed the following
inputs:
Raw material 22,000 kg at 1,600 CFAF a kg.
Direct labour 28,000 kg at 1,000 CFAF an hour
Overhead expenses 44,000,000 CFAF
Required:
i. What do you understand by standard costing?
(2 marks)
ii. Present the standard cost sheet (use appendix1)
(4 marks)
iii. Present the comparison table (use Appendix 2)
(10 marks)
iv. Analyse the variance of direct labour into 2 sub variances
(4 marks)
(Total 20 marks)
- LAMPICO, is a beverage company located in the economic Capital of Cameroon. The enterprise is specialized in the
manufacturing and commercialization of Soft Drinks. For the Financial 2023, the company provided the following
information.
Sales for the year
a. 24,000 units were sold at 2,000 CFAF per unit
Variable cost per Unit
a. Raw materials 3 kg at 300 CFAF per kg
b. Direct Labour 2 hrs at 200 CFAF per hour
c. variable overhead cost 200 CFAF per unit
Annual Fixed Cost of the Company
a. Fixed Administrative Expense 1,400,000 CFAF
b. Depreciation 3,600,000 CFAF
Required:
i. Calculate the Unit contribution Margin
(2 marks)
ii. Calculate the Contribution Margin Ratio (contribution to sales Ratio)
(2 marks)
iii. Calculate the BEP in Units
(3 marks)
iv. Calculate the BEP in Value
(3 marks)
v. Calculate the Security Margin and Security Index
(4 marks)
vi. What will be the sales in Value if the Company expects a profit (Results) of 4 000 000F?
(4 marks)
vii. What will be the BEP date if Sales were regular within the year
(2 marks)
(Total 20 Marks)
- Akamanda Plc, manufactures and sells product M. The company produces 4000 units of product M per quarter. A
unit of product M is sold at 8000 CFAF
A Commission of 5% of the selling price was paid to sales agent and the budgeted fixed production overhead cost is
2,500,000 CFAF
The variable cost per unit of production given as follows:
a. Direct labour
12,00 CFAF
b. Direct material
2,000 CFAF
c. Direct production expenses
250 CFAF
d. Variable factory overhead
1,520 CFAF
At the end of the 1stquarter of 2024, you are given the following details;
a. Opening stock of product M
2,000 units
b. Production of the period
3,000 units
c. Sales of the period
4,300 units
d. Fixed production overhead
2,300,000 CFAF
e. Fixed distribution and selling overhead
1,830,000 CFAF
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