3 marksNature and Framework of Cost and Management Accounting

CAPE Accounting Unit 2 · 2022 · Paper 2 · Question 1(a)

Cost accounting definitions and analysis of cost behaviours for Clarendon Candle Company.

Define cost accounting in relation to its purpose, scope, and procedures and practices.

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1(b)(i)Insert the correct data into EACH of the spaces labelled A-L in the table.[6 marks]
1(b)(ii)Sketch a graph of average variable cost, average fixed cost, and average total cost curves using the calculated information on the same axis.[8 marks]
1(b)(iii)Outline ONE reason for the shape of EACH of the three cost curves sketched.[6 marks]
1(c)Determine the basis of apportionment/allocation for rent, electricity, machine depreciation, and indirect labour, and calculate the allocated costs to complete…[12 marks]

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