MANAGERIAL ACCOUNTING – MID-TERM TEST 1 Full name Group leader: ____________________________ Group members: ____________________________, ____________________________, …
________________________________________________________________ PRESENTATION
Groups: Students will be divided into groups of 5 members to conduct a group presentation on
a topic given by the lecturers. The lecturer will give an overall score which will be
subsequently allocated among members proportionate to their contribution Grading system: Papers: 60% Presentation: 40% Sending to lecturers:
Present the Word version (soft copy to LMS of Ggclassroom and hard copy)
Name according to the template: Test01_CityU10<…>(A/B/C…)_ Deadline: Week 8
Topic: Analyzing a case study of a manufacturing company, for the following three
issues: (Drawing a diagram is encouraged)
1. Describing the operations of the company (use diagram) (about history, company's
business activities, materials, products, markets…)
2. The role of managerial accounting
Illustrating how does the company use managerial accounting information to make valueadded
decisions. The specific problems are: - Managerial accounting’s role in assigning authority
- Managerial accounting’s role in decision-making
- Managerial accounting’s role in performance evaluation and rewards 3. Cost classification
Listing and Classifying the costs of the manufacturing company according to the following problems:
- Describing three basic types of manufacturing costs
- Listing direct and indirect manufacturing costs
- Listing product costs and period costs
- Illustrating the relationships between costs and activity levels (classifying each of
thecompany’s manufacturing costs and operating costs into one of three broad categories:
fixed costs, variable costs, and semivariable costs). Giving specific explanations.
- Illustrating the company’s flow of costs parallels the flow of goods through the productionprocess
- Analyzing whether the company's cost classification is reasonable or not?