FNS60217 Advanced Diploma of Accounting = FNSACC613 Prepare and Analyse Management Accounting Information Prerequisite: This Unit has a Prerequisite FNSACC507 - Provide Management Accounting...

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FNS60217 Advanced Diploma of Accounting = FNSACC613 Prepare and Analyse Management Accounting Information Prerequisite: This Unit has a Prerequisite FNSACC507 - Provide Management Accounting Information LEARNER’S GUIDE Mode | Classroom + Online Delivery FNSACC613 Prepare and Analyse Management Accounting Information FNS60217 | FNSACC613 Prepare and Analyse Management Accounting Information Learner’s Guide | V 1.1 | April 2018 Business Institute of Australia | RTO Code 91019 Next Review: Dec 2018 Page 2 of 26 Supporting: FNS60217 Advanced Diploma of Accounting; May also support other qualifications based on respective packaging rules © E-Skills Australia, 2015 Copyright: This document and its contents are protected by Australian and International copyright laws. No part of this document may be reproduced or transmitted in any form or by any means, electronically or mechanically, including photography, scanning, recording or any information storage or retrieval system, without permission in writing from the copyright owner or from E-Skills Australia Pty Ltd. Information and/or resources used from the Commonwealth, government agencies, training.gov.au, public domain information, or any other external sources do not constitute copyright and remain the property of the original authors. All the websites and external resources mentioned in this publication are copyrighted to their owners and E-Skills or author does not endorse the views expressed by them. Web links are used as examples for reference purpose only and may have changed since publication of this resource. E-Skills Australia Pty Ltd ACN: 146 742 369 FNS60217 | FNSACC613 Prepare and Analyse Management Accounting Information Learner’s Guide | V 1.1 | April 2018 Business Institute of Australia | RTO Code 91019 Next Review: Dec 2018 Page 3 of 26 Table of Contents 1. Introduction ...................................................................................................... 4 2. Unit Overview ................................................................................................... 4 3. Competency Standards ...................................................................................... 5 4. Delivery Plan .................................................................................................... 8 Delivery Arrangement ..................................................................................... 8 Delivery Conditions ......................................................................................... 8 Suggested Learner Resources ....................................................................... 11 5. Assessment Plan ............................................................................................. 12 Assessment Method .............................................................................................. 12 General Rules of Assessment ........................................................................ 14 Submission of Works ..................................................................................... 15 Assessment Tasks and Schedule ................................................................... 15 6. Assessment Tasks ........................................................................................... 16 Assessment Task 1: ......................................................................................... 16 Assessment Task 2: ......................................................................................... 18 Assessment Task 3: ......................................................................................... 20 Assessment Task 4: .....................................
Answered 16 days AfterJun 20, 2021

Answer To: FNS60217 Advanced Diploma of Accounting = FNSACC613 Prepare and Analyse Management Accounting...

Nitish Lath answered on Jul 06 2021
143 Votes
TASK1
Answer 1.
a) Machine hour will be the most desirable cost driver for allocating the overhea
d as different products are consuming different machine hour.
b) Determination of overhead recovery rate on the basis of machine hour as the cost driver
Recovery rate= Estimated overhead/ Cost driver
Recovery rate = 72,000/18,000
Recovery rate = 4
c) Determination of the overhead cost per unit
    
    Product A
    Product B
    Recovery rate
    4
    4
    Machine hour consumed
    ½
    3
    Overhead cost per unit
    2
    12
Answer 2
a) Determination of factory overhead rate
    Particulars
    Amount...
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