REPUBLIQUE DU CAMEROON REPUBLIC OF CAMEROON

Paix-Travail-Patrie Peace-Work-Fatherland
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MINISTERE DE L’ENSEINEMENT SUPERIEUR MINISTRY OF HIGHER EDUCATION
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COMISSION NATIONALE D’ORGANISATION DE L’EXAMEN NATIONAL COMMISSION FOR THE ORGANISATION
DU HND OF THE HIGHER NATIONAL DIPLOMA (HND) EXAM
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HIGHER NATIONAL DIPLOMA (HND) EXAM

JUNE-JULY XXX SESSION Examination Date: ………………………………………….

OPTION PROJECT MANAGEMENT

SPECIALTY PROJECT MANAGEMENT
COURSE TITLE PROJECT ANALYSIS AND MARKETING
COURSE CODE ACY 2020
TYPE OF EXAMINATION HND
CREDIT VALUE 7

DURATION: 3 HOURS

GENERAL INSTRUCTIONS.
- You are required to answer ALL the questions
- You are reminded of the necessity for good English and orderly presentation of your material.
- Where calculations are required, clearly show your working and be chronological in your answers
- Programmable calculators are not allowed

SPECIFIC INSTRUCTION

 This paper is divided into three sections: Section A is made up of 10 short questions, section B is
on cost accounting and section C is made of TWO questions based on management accounting

© MINESUP 20XX

Page 01
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 SECTION B

Question 1: FINANCIAL ANALYSIS (15 Marks)

The Balance Sheet of establishment WALLY & Sons Ets as at 31/12/2018 in 103 frs.
Assets Amount Liabilities Amount
Land 2 000 Capital 17 000
Buildings 7 000 Mortgage (> 5years) 5 600
Equipments 4 000 Salary 200
Store Suppliers 600 Account Payable overdraft 7 800
Goods 8 000
Bank 4 000
Cash 5 000
Total 30 600 Total 30 600
Work Required: (5 Marks Each)
1) Aggregate the balance sheet of WALLY & Sons Ets as required by the OHADA accounting system.
2) Find Ratio for Permanent Financing of Fixed Assets and Comment.
3) Calculate the ratio of financial autonomy and comment.

Question 2: COST ACCOUNTING (15 Marks)

WUMNGANYI Ltd
This enterprise produces a product called P. the production process goes through two steps:
Step 1: Raw material M is transformed in workshop 1 where a semi-finished product called S is obtained.
Step 2: The semi-finished product S, in combination with raw materials A and B is used to produce a
finished product called P in workshop 2.
Information for the month of April 2016
i. Stocks as at 31/03/2016: ii. Purchase of raw materials
 Raw material M: ½ tonne at 36,000F a kg  Raw material M: 675kgs at 20,000F a kg
 Raw material A: 900kg at 2,050F a kg  Raw material A: 1,125kg at 1,950F a kg
 Raw material B: 750kg worth 900,000F.  Raw material B: 450kg at 1,300F a kg
 Semi-Finished product S: 400 units worth  Purchase expenses are as follows:
5,559,680F 45,000F for raw material M, 243,750F for raw
 Finished Product P: 550 units at 25,000F a material A and 39,000F for raw material B.
unit iii. Direct labour
 Product P in progress: 300 units  400 hours in workshop 1 at 1,500F an hour
 500 hours in workshop 2 for1,198,500FCF

iv. Indirect expenses

Service Cost centres Principal cost centres
Administration Maintenance Purchase Workshop 1 Workshop 2 Distribution
Primary totals 3,200,000 6,300,000 8,000,000 7,052,000 12,000,000 6,500,000
Reapportionment
Administration 42.5% 15% 32.5% 10%
Maintenance 10% 5% 20% 45% 20%
150kg of raw
100 kg of Raw 100,000F of
Overhead absorption basis materials Units of P produced
material used turnover
bought

v. Production of the period: At the end of the month, the production manager gives the following
information concerning units produced:
2
 - 5,000 units of S
- 1,050 units of P were fully completed and 250 units of P in progress.
vi. Consumption of raw materials during the period
- Raw material M: 900kg
- Raw material A: 1,500kg
- Raw material B: 850kg
- 550 units of S
vii. Stocks are issued using the Firs-In-First-Out method
viii. Sales of the period: 1,450 units of P at a unit price of 38,500F. Direct expenses stood at 2,658,700F
paid to middlemen and transport expense on sales.
ix. Additional information: the degree of completion of work in progress is as follows:
Opening Closing
Inputs
stock WIP stock WIP
Raw material A 100% 100%
Raw materials B 100% 100%
Direct labour 70% 40%
Indirect expenses 50% 30%
Work Required
1.1. Calculate the overhead absorption rate (OAR)………………………………… 8 marks
1.2. Calculate the purchase cost of raw materials…………………………………… 4 marks
1.3. Compute the production of the semi-finish product S…………………………. 3 marks

Question 3: MANAGERIAL ACCOUNTING (20 Marks)

Scatter graph and Forecasting using the Ordinary Least Squares Method
For the past 6 months, “RIWAL” Mundemba branch has sold the following units of tins of milk;
months (x) 1 2 3 4 5 6
Units sold in 104 (y) 40 74 46 68 52 80
Work Required:
1) Draw the scatter diagram for the data(4 Marks)
2) Find the equation of the least square regression line and plot on the diagram(11 Marks)
3) Forecast sales for the 7th and 8th months. (5 Marks)