1 MAA262 Management Accounting I N D I V I DU A L A S S I G N M E N T – P A R T I I Instructions Due date: Online submission via CloudDeakin until Week 9 on Microsoft Word or Portable Document Format only. Penalties for late submission: The following marking penalties will apply if you submit an assessment task after the due date without an approved extension: 5% will be deducted from available marks for each day up to five days, and work that is submitted more than five days after the due date will not be marked. 'Day' means working day for paper submissions and calendar day for electronic submissions. The Unit Chair may refuse to accept a late submission where it is unreasonable or impracticable to assess the task after the due date. A brief description of the assessment task: To complete this part of your assignment you will need to have an understanding of topics 1-8. This assignment task will consolidate your understanding of some of the key concepts covered in this unit. Please submit your answers to the questions in the order they are presented, clearly identifying on the document which question is being addressed. Submission instructions: This assignment is to be submitted online only. The completed assignment must be submitted into the allocated area on CloudDeakin under the Dropbox folder on or before the due date. Once submitted, you cannot retract your assignment but you can submit another version. Note that only the most recent version submitted will be marked. You must keep a backup copy of every assignment you submit until the marked assignment has been returned to you. In the unlikely event that one of your assignments is misplaced, you will need to submit your backup copy. When you are required to submit an assignment through your CloudDeakin unit site, you will receive an email to your Deakin email address confirming that it has been submitted. You should check that you can see your assignment in the Submissions view of the Assignment Dropbox folder after uploading it, and check for, and keep, the email receipt for the submission. Plagiarism: You should answer the questions using your own words. If you use material or ideas from a third party source you must cite the reference in text and include the full details of the source in a reference list. Your assignment submission will be assessed through Turnitin. Assignments submitted with 50% or more on similarity index (orange or red colour) will not be marked. Note that Turnitin works in the assignment folder, and there is where you should submit your assignment. Do not submit your assignment somewhere else, because if you submit your assignment in another folder from another unit the document 2 will be stored in Turnitin memory, and I will receive a notice of 100% plagiarism. Hence, to avoid such hassle please submit your assignment in the assignment folder. Check Academic Integrity for more information regarding plagiarism .

1. 1
MAA262
Management
Accounting
I N D I V I DU A L A S S I G N M E N T – P A R T I I
Instructions
Due date: Online submission via CloudDeakin until Week 9 on
Microsoft Word or Portable Document
Format only.
Penalties for late submission: The following marking penalties
will apply if you submit an assessment task
after the due date without an approved extension: 5% will be
deducted from available marks for each day
up to five days, and work that is submitted more than five days
after the due date will not be marked. 'Day'
means working day for paper submissions and calendar day for
electronic submissions. The Unit Chair may
refuse to accept a late submission where it is unreasonable or
impracticable to assess the task after the
due date.
A brief description of the assessment task: To complete this part
of your assignment you will need to have
an understanding of topics 1-8. This assignment task will
consolidate your understanding of some of the
key concepts covered in this unit. Please submit your answers to
the questions in the order they are
presented, clearly identifying on the document which question
is being addressed.

2. Submission instructions: This assignment is to be submitted
online only. The completed assignment must
be submitted into the allocated area on CloudDeakin under the
Dropbox folder on or before the due date.
Once submitted, you cannot retract your assignment but you can
submit another version. Note that only
the most recent version submitted will be marked. You must
keep a backup copy of every assignment you
submit until the marked assignment has been returned to you. In
the unlikely event that one of your
assignments is misplaced, you will need to submit your backup
copy. When you are required to submit an
assignment through your CloudDeakin unit site, you will
receive an email to your Deakin email address
confirming that it has been submitted. You should check that
you can see your assignment in the
Submissions view of the Assignment Dropbox folder after
uploading it, and check for, and keep, the email
receipt for the submission.
Plagiarism: You should answer the questions using your own
words. If you use material or ideas from a
third party source you must cite the reference in text and
include the full details of the source in a reference
list. Your assignment submission will be assessed through
Turnitin. Assignments submitted with 50% or
more on similarity index (orange or red colour) will not be
marked. Note that Turnitin works in the
assignment folder, and there is where you should submit your
assignment. Do not submit your assignment
somewhere else, because if you submit your assignment in
another folder from another unit the document

3. 2
will be stored in Turnitin memory, and I will receive a notice of
100% plagiarism. Hence, to avoid such hassle
please submit your assignment in the assignment folder. Check
Academic Integrity for more information
regarding plagiarism and collusion:
http://www.deakin.edu.au/students/studying/academic-integrity
Detail of student output: Your response should respond to all
questions. The word limit is 1,500 words
(maximum) in total, and words limit includes headings, tables,
references and appendices. Note that a
contents page and cover page are not required. In regards to the
formatting of the assignment, there is no
specific requirement in regards to font, font size and line
spacing. There is no minimum amount of words.
Any word above the limit of 1,500 will be penalised by 1 mark
for each additional word, thus 1,510 words
have a 10 marks penalty, 1,520 words has a 20 marks penalty,
and henceforth.
Weight (% total mark for the unit): This assignment is marked
out of 100 and is worth 15% of your final
grade. The final examination is the only hurdle requirement for
this unit. If you choose not to submit this
assignment, you will score zero for this assignment.
What will early feedback student get, how and when? Feedback
will be provided via CloudDeakin during
the study period (after week 11).
Referencing style: Use the Harvard style of referencing. More
information regarding referencing styles at
https://www.deakin.edu.au/students/studying/study-
support/referencing

4. Researching for your assignment: There is no such a thing as a
minimum or maximum amount of
references to be used in this assignment, and references should
be used only when required. If a question
requires research for answering, check the guidelines available
on the academic skills study support page:
http://www.deakin.edu.au/students/studying/study-
support/academic-skills
Unit Learning Outcomes assessed:
• ULO3: Prepare and explain alternate product costing.
• ULO6: Demonstrate a student-oriented approach to learning.
Deakin Graduate Learning Outcomes assessed:
• GLO2: Communication.
• GLO5: Problem-solving.
Queries: Please peruse the discussion forum as you may find the
information you are looking for. If you are
unable to find the information regarding the individual
assignment you are looking for, please contact the
teaching team preferably using the discussion forum on
CloudDeakin or via email.
http://www.deakin.edu.au/students/studying/academic-integrity
https://www.deakin.edu.au/students/studying/study-
support/referencing
http://www.deakin.edu.au/students/studying/study-
support/academic-skills
3

5. Rubric
Criteria N N P C D HD
0 3 6 7 8 10
GLO5 - (Q1.1 - 10
marks)
Not able to prepare
the income
statement.
Not able to prepare
most of the income
statement.
Partially prepare the
income statement.
Prepare some part of
the income
statement.
Prepare correctly
most of the income
statement.
Prepare correctly the
income statement.
0 3 7 8 9 12
GLO5 - (Q2.1 - 12
marks)
Not able to prepare

6. the table with the
four cost pool
activities.
Not able to prepare
most of the table with
the four cost pool
activities.
Partially prepare the
table with the four
cost pool activities.
Prepare some part of
the table with the four
cost pool activities.
Prepare correctly
most of the table with
the four cost pool
activities.
Prepare correctly the
table with the four
cost pool activities.
0 3 7 8 9 12
GLO5 - (Q2.2 - 12
marks)
Not able to calculate
the activity rates.
Not able to calculate
most of the activity

7. rates.
Partially calculate the
activity rates.
Calculate some part of
the activity rates.
Calculate correctly
most of the activity
rates.
Calculate correctly the
activity rates.
0 3 6 7 8 10
GLO2 - (Q2.3 - 10
marks)
Not able to identify
and explain which is
the most expensive
cost pool.
Not able to properly
identify and explain
which is the most
expensive cost pool.
Partially identify and
explain which is the
most expensive cost
pool.
Identify and mostly

8. explain which is the
most expensive cost
pool.
Identify and explain
which is the most
expensive cost pool.
Clearly and succinctly
identify and explain
which is the most
expensive cost pool.
0 3 7 8 9 12
GLO5 - (Q2.4 - 12
marks)
Not able to prepare
the table.
Not able to prepare
most of the table.
Partially prepare the
table.
Prepare some part of
the table.
Prepare correctly
most of the table.
Prepare correctly the
table.
0 3 6 7 8 10

9. GLO5 - (Q3.1 - 10
marks)
Not able to prepare
the table.
Not able to prepare
most of the table.
Partially prepare the
table.
Prepare some part of
the table.
Prepare correctly
most of the table.
Prepare correctly the
table.
0 3 6 7 8 10
GLO5 - (Q3.2 - 10
marks)
Not able to prepare
the table.
Not able to prepare
most of the table.
Partially prepare the
table.
Prepare some part of
the table.

10. Prepare correctly
most of the table.
Prepare correctly the
table.
0 3 7 8 9 12
4
Criteria N N P C D HD
GLO2 - (Q4.1 - 12
marks)
Not able explain and
justify whether Paul is
correct or not in his
statement.
Not able to properly
explain and justify
whether Paul is
correct or not in his
statement.
Partially explain and
justify whether Paul is
correct or not in his
statement.
Explain and justify
mostly whether Paul is

11. correct or not in his
statement.
Explain and justify
correctly whether Paul
is correct or not in his
statement.
Clearly and succinctly
explain and justify
whether Paul is
correct or not in his
statement.
0 3 7 8 9 12
GLO2 - (Q4.2 - 12
marks)
Not able explain and
justify whether Ringo
is correct or not in his
statement.
Not able to properly
explain and justify
whether Ringo is
correct or not in his
statement.
Partially explain and
justify whether Ringo
is correct or not in his
statement.
Explain and justify

12. mostly whether Ringo
is correct or not in his
statement.
Explain and justify
correctly whether
Ringo is correct or not
in his statement.
Clearly and succinctly
explain and justify
whether Ringo is
correct or not in his
statement.
0-24% 25-49% 50-59% 60-69% 70-79% 80-100%
5
BBQ & Balloons
Four friends – John, Paul, Ringo, and George – have decided to
put a stand outside a shopping centre
entrance for selling barbecue and balloons to members of the
public during a weekend. The enterprise was
named BBQ & Balloons.
Part 1
Each barbecue sold for $2.00 and each balloon for $1.00.
Throughout the two days, the four friends were
able to sell 2,000 barbecues and 1,000 balloons. The four
friends did not have to bother about the stock of

13. sausage and bread or balloons. They made arrangements with a
supplier and had to pay only $0.20 per
barbecue served (a bread and a sausage) and $0.05 for each
balloon.
For the sake of remuneration, the friends have agreed that each
one would receive $400 for the two days
of hard work. Besides the expense with labour and material, the
four friend had other expenses for the
two days. For the sake of simplicity, two expenses were related
to the production process, which was
leasing a BBQ ($200) and a balloon pump ($50). The other two
expenses were related to sales and
administrative tasks, which were leasing a gazebo ($50) and
getting a permit for having the stand outside
the shopping centre ($250).
Question 1
Q1.1 – Based only on information provided in Part 1 of this
assignment prepare an income statement for
BBQ & Balloons (use Exhibit 7-2 as a model). (10 marks)
Part 2
John and Paul spent most of their time preparing the barbecues
or inflating balloons, whereas Ringo and
George were busy with sales and administrative tasks. The table
below has the information regarding the
four friends' activities over the weekend.
Person Operating the BBQ Inflating balloons Cashier Greeting
customers Total
John 70% 0% 20% 10% 100%
Paul 0% 70% 20% 10% 100%
Ringo 10% 30% 50% 10% 100%
George 0% 20% 10% 70% 100%

14. John spent most of this time during the two days operating the
BBQ, Paul was mostly busy inflating
balloons, Ringo was responsible for the cashier, and George has
spent most of his time greeting and liaising
customers who were passing by. For calculating an activity rate
the friends have decided to use the
following cost drivers; for operating the BBQ the number of
barbecues sold, for inflating balloons the
number of balloons sold, and for cashier and greeting customers
the total of 3,000 units sold.
6
Question 2
Q2.1 – Considering four cost pool activities (operating the
BBQ, inflating balloons, cashier, and greeting
customers) prepare a table with labour cost per friend and total
labour costs (use Exhibit 7-6 as a model).
(12 marks)
Q2.2 – Calculate the activity rate for each of the labour cost
pool activities (use Exhibit 7-7 as a model). (12
marks)
Q2.3 – Which of the four cost pool activities is most expensive
and why? (10 marks)
Q2.4 – Prepare an activity-based costing product margin for the
sales of barbecues and balloons (use
Exhibit 7-11 as a model). For the sake of simplicity, consider
the manufacturing overhead and sales and
administrative tasks as untraceable expenses and do not include
them. (12 marks)

15. Part 3
After reviewing the activity-based costing product margin the
four friend have decided to allocate the
manufacturing overhead and the sales and administrative
expenses. For allocating the manufacturing
overhead the whole expense leasing the BBQ was allocated to
the sales of barbecues whereas the whole
expense with leasing the balloon pump was allocated to the
sales of balloons. For the expenses for leasing
the gazebo and getting the permit, the amount was split evenly
between the two products.
Question 3
Q3.1 – Prepare an activity-based costing product margin for the
sales of barbecues (use Exhibit 7-11 as a
model) including the allocated manufacturing overhead and
sales and administrative tasks. (10 marks)
Q3.2 – Prepare an activity-based costing product margin for the
sales of balloons (use Exhibit 7-11 as a
model) including the allocated manufacturing overhead and
sales and administrative tasks. (10 marks)
Part 4
After crunching all the numbers the time has come to divide the
enterprise’s income between the four
friends. Paul argued he and John should split between
themselves the income because they did all the hard
work while Ringo and George spent most of their time counting
money or talking to people. Ringo replied
by arguing that selling balloons was the worst idea ever.
Question 4
Q4.1 – Explain whether Paul is correct or not in his statement
about his friends not contributing to the

16. enterprise. Justify your answer. (12 marks)
Q4.2 – Explain whether Ringo is correct or not in his statement
about selling balloons being a bad idea.
Justify your answer. (12 marks)
InstructionsRubricPart 1Question 1Part 2Question 2Part
3Question 3Part 4Question 4