Maf151 Assignment Jul 2022

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GROUP ASSIGNMENT

FUNDAMENTAL COST ACCOUNTING / MAF151


SEMSETER MARCH – AUGUST 2022

1. Students are required to produce ONE product and prepare a comprehensive report
that consist of the following area

a. Description of the product

i. Name of the product


ii. Identify the cost elements to produce the product
iii. Classify the cost elements into:
▪ The nature
▪ The behaviour of the costs
▪ The function of the cost
iv. Pictures of the materials
v. The source documents/ evidence of the cost incurred to produce the
product

b. Cost statement

i. Definition of cost statement


ii. Objectives of cost statement
iii. Prepare a cost statement of your product

2. A group assignment consisting of five students per group.

3. Format : Font: Times New Roman, 12


Spacing: 1.5

4. Table of contents : i. Acknowledgement


ii. Contents (a-b as mentioned above
iii. Conclusion
iv. References

5. Marks allocated: 10 marks.

6. Submission: Assignment to be submitted in Week 12/13.

7. Plagiarism will be penalized.

8. GROUP PRESENTATION: 03 – 08 JULY 2022

9. SUBMISSION DATE: 10 JULY 2022

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