Page 17 - CIMA OCS August 2018 Day 1 Tasks
P. 17

Chapter 4




                  MANAGEMENT ACCOUNTING (P1)


                  FAMILIARISATION










                  1   COSTING


                  EXERCISE 1 (A) - COSTING METHODS



                   Question                          Response
                   What is Thomas Fine Teas’
                   approach to overhead absorption?



                   How useful do you think ABC would
                   be to Thomas Fine Teas?










                   Suggest some cost drivers that
                   could be used by Thomas Fine Teas
                   for ABC.














                  KAPLAN PUBLISHING                                                                    13
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