Greenwich University Account Question

Feb 3rd, 2012
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Ashford University
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Decisions Ltd. is a multinational company that produces and sells spare parts for the automotive industry. The traditional costing system used by the company is based on the number of units for charging overheads to products.

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APPROVED - ResitEXAMINATION PAPER: ACADEMIC SESSION 2007/2008 Campus School Department Course Code Course Title Level Duration Date Maritime Greenwich Business Accounting & Finance ACCO1116 Financial & Management Accounting (MAIB) M TWO HOURS August 2008Course co-ordinator: Dr Agnieszka Herdan INSTRUCTIONS TO CANDIDATESAnswer TWO questions only. All questions carry equal marks. This is a CLOSED book examination Students are permitted to use non-programmable calculators. THIS PAPER MUST NOT BE REMOVED FROM THE EXAMINATION ROOMAugust 2008 - RESIT Course Title Financial & Management Accounting (MAIB) Course Code ACCO1116Page 1 of 5 APPROVED - Resit Question 1Decisions Ltd. is a multinational company that produces and sells spare parts for the automotive industry. The traditional costing system used by the company is based on the number of units for charging overheads to products. However, and the CEO thinks that this could lead to poor pricing decisions, considering the different level of complexity of the three main lines of production. Recent improvements in the accounting information system, however, now allows the CEO to gather the information needed to improve

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