Page 16 - OCS Workbook - Day 1 Task (May 2018)
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CIMA MAY 2018 – OPERATIONAL CASE STUDY
EXERCISE 1(B) - STANDARD COSTING AND VARIANCES
Suggest four variances that would be of most use to Mansako. Justify your choices.
Variance Reason
EXERCISE 1(C) - QUALITY COSTING
Comment on how each of the four “costs of quality” could potentially apply to Mansako.
Type of cost How it could apply to Mansako
Prevention Costs
Appraisal Costs
Internal Failure Costs
External Failure Costs
12 KAPLAN PUBLISHING
