Questions from Management Accounting


Q: Potty Plants produces large clay pots at their production plant on the

Potty Plants produces large clay pots at their production plant on the Rose path Acre Woods. Peter, the newly appointed general manager of Potty Plants, has just received the income statement for Febr...

See Answer

Q: The following information relates to Socks 'n' Stockings (Pty) Ltd

The following information relates to Socks 'n' Stockings (Pty) Ltd, a wholly owned subsidiary of a major listed group. As investment bankers to the group you have been approached by the financial dire...

See Answer

Q: The SC Company manufactures and markets specialized products for use in the

The SC Company manufactures and markets specialized products for use in the air purifying industry. The company is divisionalized and their operations are structured as follows. Department AC The main...

See Answer

Q: First National Bank is a wholly owned division of FirstRand Bank Limited

First National Bank is a wholly owned division of FirstRand Bank Limited and is one of South Africa’s largest banks. The bank provides a broad range of financial services to individuals and businesses...

See Answer

Q: The International Ecotourism Society (TIES) defines Ecotourism as ‘responsible

The International Ecotourism Society (TIES) defines Ecotourism as ‘responsible travel to natural areas that conserves the environment, sustains the well-being of the local people, an...

See Answer

Q: One of the fastest growing sectors in the South African economy is

One of the fastest growing sectors in the South African economy is telecommunications and the current expansion is focused on the growth of the mobile telephone market. South Africa is the fourth fast...

See Answer

Q: Grass Cutter Mechanic (GCM) manufactures and sells four types of

Grass Cutter Mechanic (GCM) manufactures and sells four types of grass cutters, used mainly by farmers. The details of the four different products are given below and relate to June 2020. In the manuf...

See Answer

Q: Melanie-Jane Brown started manufacturing her own face creams some years

Melanie-Jane Brown started manufacturing her own face creams some years ago, having worked for some time for one of the large international cosmetic companies. Initially, she made face creams for her...

See Answer

Q: Freedom Products has just organized a new department in their organization to

Freedom Products has just organized a new department in their organization to manufacture and sell specially designed tables made from indigenous South African wood. The division has imported new equi...

See Answer

Q: The word Kai translates to change, and the word Zen translates

The word Kai translates to change, and the word Zen translates to better. Together they are taken as change for the better or continuous improvement. Kaizen is part of a methodology known as lean ma...

See Answer