Coursework Assignment Brief Semester: E14 Module Code: PA 203 Module Title: Introduction To Management Accounting Programme BSc (Honours) Level: Level 5 Awarding Body: University of Plymouth Module Leader Seun Oluwayi Format: Report Presentation: No Any special requirements: All work should be submitted on the Student Portal along with an acceptable Turnitin Report Word Limit: 2,000 words (with 10% plus or minus leeway) Deadline date for submission: 21st November, 2014 Learning outcomes to be examined in this assessment The nature, source and purpose of management information, Cost classification, behaviour and purpose of cost analysis Percentage of marks awarded for module: This assignment is worth 50% of the total marks for the module Assessment criteria Explanatory comments on the assessment criteria Maximum marks for each section Classifications of cost Relevance, Clear demonstration of understanding and applied in context 15% The purpose and role of cost and management accounting Relevance, Clear demonstration of understanding and applied in context 20 % Effect of absorption and marginal costing Relevance, Clear demonstration of understanding and applied in context 20 % Just in Time system in inventory control Relevance, Clear demonstration of understanding and applied in context 10% Format, referencing, bibliography , presentation Structured analytical report with supporting referencing(Harvard Style) where required 15% Introduction. recommendation and conclusion Demonstration of a clear understanding of the issues. Use of academic models. 20% Candidates must clearly label their ID Number on additional separate reference, formula or answer sheets. Assignment Task: You are a Management Accountant of a company (any company of your choice) which has just been privatised. As the State no longer provides financial support to the company, the company needs to generate revenue and be efficient in the way it controls its resources. You have been assigned to produce management accounting information in a report format that will be useful to managers in understanding the 'profit culture' of the business. Your report must include: i) Classification of cost used in the analysis of the product/service costs, including: production or non-production (by function), direct and indirect (by type), Fixed and variable, stepped fixed and semi variable costs (by behaviour). ii) The purpose and role of management accounting within an organisation. iii) A discussion on the effect of absorption and marginal costing on inventory valuation and profit determination. iv) An analysis of the application of the Just-in-Time system of inventory control. Your coursework must contain an Introduction of your company identifying the purpose and aims of the company, a recommendation on how these areas can be achieved in the future and a conclusion summarising your coursework. Total marks for assignment: 100   Standard marking system for use when marking coursework assignments – for all programmes at GSM. Indicative Grade UK% marks Characteristics. Distinction 70%+ Very high standard of critical analysis using appropriate conceptual frameworks. Excellent understanding and exposition of relevant issues. Clearly structured and logically developed arguments. Good awareness of nuances and complexities. Substantial evidence of well-executed independent research. Excellent evaluation and synthesis of source material. Relevant data and examples, all properly referenced. Merit 60-69% High standard of critical analysis using appropriate conceptual frameworks. Clear awareness and exposition of relevant issues. Clearly structure and logically developed argument. Awareness of nuances and complexities. Evidence of independent research. Good evaluation and synthesis of source material. Relevant data and examples, all properly referenced. Pass 50-59% Uses appropriate conceptual frameworks. Attempts analysis but includes some errors and / or omissions. Shows awareness of issues but no more than to be expected room attendance at classes. Arguments reasonably clear but underdeveloped. Insufficient evidence of independent research. Insufficient evaluation of source material. Some good use of relevant data and examples but incompletely referenced. Pass 40-49% Adequate understanding of appropriate conceptual frameworks. Answer too descriptive and or any attempts at analysis is superficial containing errors and omission. Shows limited awareness of issues but also some confusion. Arguments not particularly clear. Limited evidence of independent research and reliance on a superficial repeat of class notes. Relatively superficial use of relevant data sources and examples poorly referenced.