Page 258 - BA2 Integrated Workbook - Student 2017
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Fundamentals of Management Accounting
9.2 The cost per passenger mile = $8,600 ÷ 2,390 = $3.60.
Day Number of passengers Miles travelled Passenger miles
Monday 20 25 500
Tuesday 15 14 210
Wednesday 8 10 80
Thursday 5 6 30
Friday 26 16 416
Saturday 34 22 748
Sunday 29 14 406
Total 2,390
The cost per passenger mile = $8,600 ÷ 2,390 = $3.60.
9.3 C and D
Division A ($000) Division B ($000)
ROCE: (1,200 ÷ 7,000) = 17.1% (400 ÷ 2,300) = 17.4%
Gross profit margin: (3,500 ÷ 5,000) = 70% (1,200 ÷ 2,400) = 50%
Operating profit margin: (1,200 ÷ 5,000) = 24% (400 ÷ 2,400) = 16.7%
CHAPTER 10 – PREPARING ACCOUNTS AND REPORTS FOR
MANAGEMENT
10.1 C
$
Opening WIP 42,790
Materials –
Labour 3,500
Overhead ($3 × 3,500) 10,500
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56,790
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Sales price = 56,790 ÷ 0.75 = $75,720
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