Page 17 - OCS Workbook - Day 1 Task (May 2018)

MANAGEMENT ACCOUNTING (P1) - FAMILIARISATION

EXERCISE 1(D) - ENVIRONMENTAL COSTING
Apply the quality costing framework from the previous exercise to discuss how Mansako could
understand its environmental footprint.

Type of cost How it could apply to Mansako’s environmental footprint

Prevention Costs

Appraisal Costs

Internal Failure Costs

External Failure Costs

2 BUDGETING

EXERCISE 2(A) - FORECASTING

Question Your response

Discuss whether time
series analysis would be a
useful technique for
Mansako to use for
forecasting future
revenue.

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