HENAN UNIVERSITY of TECHNOLOGYTransfer Abroad Undergraduate Programme

ASSIGNMENT

Module Code: ACF-231

Module Name: Management Accounting

Module Examiner: Cynthia Fortin

Date Assignment Given Out: 25 March 2019

Date Assignment Due Back: 12 April 2019

Mark Allocation: This assignment is marked out of 100.

Scenario:Your team’s goal and purpose is to describe the manufacturing process of a specific product and discuss the types of costs used in its production.

Assignment/Task Description: Perform an Internet search and locate a manufacturing company in the United Kingdom, United States, Canada, Australia, New Zealand or any other country which has an English website. It is important to find a company that describes the manufacturing process of at least one of its products or has an online video of the production process. Key words: Virtual Factory tour, Online factory tour, Plant tours on Internet. Refer to Appendix A for suggestions.

Guidelines/Tips/Notes: 1. Your answer must be original work. Plagiarism (copying) will be penalized, for example if

two students have the same report even in part, both reports will be marked down.2. You must use the information you have gathered to provide your own analysis of the situa-

tion. You need to have appropriate evidence to back up any opinion. A bibliography of your references must be included in your report. Refer to page 8 of this report for an example.

3. Don’t leave it until the last day to complete your assignment. Start gathering and organizing your information as soon as you can.

4. Set yourself and people in your group deadlines to produce work from the beginning. Make a schedule for what each of you needs to do by what dates.

5. Identify who prepares each part of the report.6. Do not use any of my PPTs, create your own.7. Everyone in your group should participate in the oral presentation which must not exceed 10

minutes. 8. You must use a formal report structure to present your research and analysis.

Guidance on writing a report is in appendix B Have a word count 1,000 words +/- 10% in total Be double-spaced using a single font throughout the report. Suggest: New Times Roman

12 point.9. Power Point Presentation – Minimum of 11 slides, each numbered according to the marking

grid with appropriate headings. Do not copy & paste text from your report. Present a clear summary, include relevant graphs and tables.

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What makes a good presentation? Each team member must VERBALLY present an equivalent portion of the

presentation. Individual marks (up to 10 marks out of 20) will be awarded based on eye contact,

talking directly to the audience with little note reading, making appropriate transitions and clear pronunciation. For example, if a student reads all the text, does not make eye contact and has poor pronunciation, no more than 4 marks out of 10 will be awarded. Therefore, you must practice many times before the presentation. The presentation must be convincing, well organized and interesting.

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Marking Criteria: Details

(80 Marks) Written Report. This has the following ESSENTIAL PARTS:

1. (5 Marks) Introduction. Summarize the objective of the report.

2. (5 Marks) Company profile – (limit this section to 1 page at most)a. Company history: provide date of founding and who was involved.b. Management team: provide details about who runs the company and their key roles.c. Legal structure: is it a public or private company?d. Locations and facilities: headquarters address and location of main facilities.e. Number of employees and annual sales.

3. (5 Marks) Main Product. Supply a list of the company’s main products.

4. (5 Marks) Cost Object. From the list of main products choose one product (which will be the cost object) and describe its main steps in production.

5. (5 Marks) Cost Drivers. Name and describe what you assume are the cost drivers for your cost object.

6. (5 Marks) Allocation Base. Decide what single measure best reflects the overall level of activ-ity to allocate manufacturing overhead. Could more than one overhead rate be used?

7. (10 Marks) Change in Activity. Explain in your own words what happens to the following when the level of activity changes.

a) total fixed costsb) fixed cost per unit of activityc) total variable costsd) variable cost per unit of activitye) total costsf) average total cost per unit of activity

8. (15 Marks) Costs. Discuss costs through the following subsections:a. (5 Marks) Cost Behaviour Pattern Table. Create a cost behavior pattern table similar to

that of exhibit 2-5 in chapter 1.

b. (10 Marks) Cost Type Examples. Give examples of at least three types of costs that are fixed and variable, direct and indirect, and which are applicable to your cost object.

9. (10 Marks) Cost System. Identify the best suited type of costing system (job-order, process, or other) and give 3 reasons why.

10. (5 Marks) Conclusion. Summarize your presentation.

11. (10 Marks) OVERALL STRUCTURE & BUSINESS REPORT FORMAT. Refer to Ap-pendix B.

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12. (20 Marks) Oral presentation

a. (10 Marks) Individual oral presentation: eye contact, little reading, appropriate transitions and clear pronunciation.

b. (4 Marks) PPT structure: welcome, introduction, main points in sequence and conclusion.

c. (3 Marks) PPT design: use of design templates, standard colors and style, and limit information to essentials

d. (3 Marks) Effective teamwork: good organization, seamless flow and team cooperation.

Total: 100 Marks = Report (80 Marks) + Oral Presentation (20 Marks)

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Deadlines

Send lecturer team name, student names in pinyin and id numbers, name of company and website address no later than 8 pm 25 March 2019

Each team sends email to confirm how team will operate to meet deadline and who does what by what date. No later than 8 pm 28 March 2019

Tutorial/Discussion session with lecturer anytime

Send draft of your report by email to lecturer no later than 8 pm 04 April 2019

Printed copy of REPORT and PPT to lecturer on day of presentation 12 April 2019

Finale: Team presentations 12 April 2019

Grading Criteria Summary

Section Section marksCompany Manufacturing Report

1. Introduction /52. Company profile /53. Main products /54. Cost object /55. Cost drivers /56. Allocation base /57. Change in level of activity /108. Costs: Table and Examples. /159. Cost system /1010.Conclusion /511. Business report format /10

TOTAL REPORT MARKS 80PPT presentation

1. Individual oral presentation /102. PPT Structure /43. PPT Design /34. Effective teamwork /3

TOTAL PRESENTATION MARKS 20

Total Marks 100

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ASSIGNMENT COVER PAGE

Module Name Management Accounting

Module Code ACF-231

Assignment Name Group paper

Due Date 12 April 2019Students Who Have Submitted This Work:

Student name Student name Pin Yin Student ID number

1.2.3.4.5.6.

Assessed Element Section

marks

Total marks

Poor Satisfactory

Good

Very good

Excellent

Company Manufacturing Report1. Introduction /52. Company profile /53. Main products /54. Cost object /55. Cost drivers /56. Allocation base /57. Change in level of

activity/10

8. Costs: Table and Examples.

/15

9. Cost system /1010. Conclusion /511. Business report

format/10

TOTAL REPORT MARKS 80PPT presentation

2. PPT Structure /43. PPT Design /34. Effective teamwork /3

TOTAL PRESENTATION MARKS

10

Total Marks 90Individual oral presentation /101.2.3.4.5.6.

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Total Marks per studentMarker’s comments

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Appendix A. Suggestions For Finding a Suitable Company.

https://www.mirror.co.uk/news/uk-news/best-british-manufacturing-industries-keeping-3183313

Choose a company from the above newspaper article. Search the company and look at the website information if it fits the requirement.http://www.continentalmotors.aero/Company_Information/Virtual_Factory_Tour/http://www.herrs.com/SnackFactoryTours/VirtualTours.htmlhttp://thequalityportal.com/tours.htmhttps://www.midamericanenergy.c om/virtual-plant-tours.aspx http://www.abbarubber.com/tour1.htmlhttps://abcnews.go.com/Lifestyle/mcdonalds-reveals-beloved-fries-made/story?id=28382592

Appendix B. Business reports and Writing

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Appendix C. Suggestions for students on how to be an effective group 1

1. Be sure everyone contributes to discussion and to tasks. Don’t jump to conclusions too quickly. Be sure all ideas are considered.

2. Don’t assume consensus because no one has opposed an idea or offered an alternative. Check agreement with each group member verbally, not just by a vote.

3. Set goals – immediate, intermediate, and longer – but don’t be afraid to change them as you progress.

4. Allocate tasks to be done. Be sure that each person knows what he or she is to do and what the deadline is. Check this before adjourning.

5. Be sure there is agreement on the time and place of the next meeting and on what you hope to accomplish.

6. Before ending a meeting, evaluate your group process. What might you try to do differently next time?

BibliographyReferences

1 Svinicki, M, McKeachie, W.J. 2011. McKeachie’sTeaching Tips. Issues in designing group work. Wadsworth Cengage Learning, Belmont California, 199.

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