P2 Advanced MGMT Accounting Flashcards
1
Q
DPP?
A
Direct Product Profitability
2
Q
DPP includes
A
- bought in price of good
- inventory financing costs
- shelf refilling costs
- repacking costs
3
Q
Activity based cost hierarchy
A
- unit level activities
- batch related activities
- product sustaining activities
- facility sustaining activities
4
Q
Unit level activities
A
Direct labour
Direct materials
Energy costs
Machine maintenance
5
Q
Facility sustaining activities
A
Building maintenance
Plant security
Business rates
6
Q
ABC
1 Parts difficult to obtain?
2 Parts readily available?
A
1 ABC higher
2 ABC lower
7
Q
Throughput
A
Revenue less direct materials
8
Q
Return per factory hour
A
Throughput per unit
/
Product time on bottleneck
9
Q
Cost per factory hour
A
Total Factory costs
/
Total time on bottleneck
10
Q
Throughput accounting ratio
A
Return per factory hour
/
Cost per factory hour
11
Q
Read chapter 3
A
!
12
Q
ROCE
A
Profit / Cap. Emp.
13
Q
Profit Margin
A
Profit / Turnover
14
Q
Asset Turnover
A
Turnover / Cap. Emp.
15
Q
Demand Curve
Sales price
A
P = a + bQ
