... legal compulsion for businesses to produce management
How useful is management accounting
information?
CHAPTER 1 INTRODUCTION TO MANAGEMENT ACCOUNTING
16
Main users of accounting information relating ... degree of standardisation and the range and qual-
ity of information provided.
Not -for- profit organisations
l Not -for- profit organisations also require management...
... sufficient of each of the materials required to complete the
contract. Information on the cost of the inventories is as follows:
2.3
2.2
CHAPTER 2 RELEVANT COSTS FOR DECISION MAKING
50
M02_ATRI 362 2_ 06_ SE_C02.QXD ... RELEVANT COSTS FOR DECISION MAKING
54
M02_ATRI 362 2_ 06_ SE_C02.QXD 5/29/09 10:34 AM Page 54
CHAPTER 3 COST–VOLUME–PROFIT ANALYSIS
64
Can you think of re...
... standard profit mark-up of 25 per cent of full
cost. Management is concerned by the lack of profit.
Full cost for one unit of a product is calculated by charging overheads to each type of
product ... is very helpful for those involved with pricing decisions to have some feel for
the elasticity of demand of the commodity that will be the subject of a decision. The...
... budgets in monthly columnar form, both in terms of money and units
(where relevant), for the six months of January to June inclusive:
6. 8
EXERCISES
215
M 06_ ATRI 362 2_ 06_ SE_C 06. QXD 5/29/09 10:37 AM ... must pick up, therefore, is the loss of profit arising from the
loss of sales of 100 units of the product.
CHAPTER 7 ACCOUNTING FOR CONTROL
222
‘
What will be the loss...
... Conventional
management accounting has been criticised, however, for failing to address fully the
strategic aspects of managing a business. This criticism does not mean that the
management accounting ... it is to retain a high degree of relevance
for decision makers.
Strategic management accounting is still a fairly new topic and there is no
generally agreed set of c...
... bank of 69 .4% of basic salary for A J Murray and 41 .6% of basic salary for
G Dransfield. The bonuses paid in respect of the year to December 31, 20 06 to the Executive
Directors were £509, 262 for ... target level of bonus for A J Murray was 62 .5% of basic salary and for G
Dransfield 37.5% of basic salary. No bonus entitlement arose for J C Nicholls who left th...
... of capital of 16 per cent a year, the NPV of the project will be:
Year Cash flows Discount factor Present value
£ @ 16% £
1 18,000 0. 862 15,5 16
2 18,000 0.743 13,374
3 25,000 0 .64 1 16, 025
4 50,000 ... profit 360
Non-controllable divisional fixed expenses (150)
Divisional profit before common expenses 210
Apportioned cost of common expenses (80)
Divisional profit (loss) for t...
... 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 the value of providing
additional management accounting information
Figure 1 .6
The benefits of management accounting information eventually decline. The cost...